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Mariulka [41]
3 years ago
9

After collecting 217 completed questionnaires and reviewing the results, you find you're no closer to deciding on a location tha

n you were before. Chances are it's because your marketing questions
A. did not provide clear, measurable choices.
B. did not reach a large enough sample.
C. reached the wrong target group.
D. were too persuasive.
Business
2 answers:
Furkat [3]3 years ago
5 0
A) Did not provide clear measurable choices
barxatty [35]3 years ago
5 0

the answer is A. did not provide clear, measurable choices

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At McDonald's, you can get several items together as a meal, for less than purchasing those items separately. This is an example
shtirl [24]

Value- Pricing

  • Value pricing is the strategies whose prices are fixed primarily according to the customers needs.
  • Affordable price attracts more and more customers to come or buy.
  • Prices mainly are fixed according to their customers feedback and their needs.
  • It is also known as customers willingness to pay for the particular product.
  • Two main types of value pricing are:
  1. Value added pricing
  2. Good value pricing
  • Disadvantages
  1. Limited customers
  2. High charges- Affect your profit
  • Advantages
  1. More loyal customers
  2. More need of your services

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5 0
2 years ago
A TES (Thermal Energy Storage) system is installed that will cost $89,000 and is projected to save $35,684 annually for the life
Blababa [14]

Answer:

the exact internal rate of return is 40%

Explanation:

The computation of the exact internal rate of return is shown below

Given that

Initial investment = -$89,000

Year 1 to Year 18 = $35,684 each year

Based on the above information

We use the IRR formula

= IRR()

After applying the internal rate of return formula, the exact internal rate of return is 40%

So the same is considered and relevant too

6 0
2 years ago
Suppose the City of Chicago, noticing a shortage in day care is driving up prices, decides to provide 50 public day care centers
Kamila [148]

Answer:

This is called government provision Or Government intervention in the markets.

Explanation:

If government is attempting to correct demand-supply mismatch by taking responsibility to provide any good or service then it is called as government provision. Market may fail if there is no proper allocation due to this move.

Government intervention is any action carried out by the government or public entity that affects the market economy with the direct objective of having an impact in the economy, beyond the mere regulation of contracts and provision of public goods.

Government intervention advocates defend the use of different economic policies in order to compensate the flaws of the economic system that give way to large economic imbalances. They believe the Law of Demand and Supply is not sufficient in order to ensure economic equilibriums and government intervention should be used to assure a correct functioning of the economy.  Examples of these economic doctrines include Keynesianism and its branches such as New Keynesian Economics, which relay heavily in fiscal and monetary policies, and Monetarism which have more confidence in monetary policies as they believe fiscal policies will have a negative effect in the long run. On the other hand, there are other economic schools that believe that governments should not have an active role in the economy, and therefore should limit its intervention, as they believe it will have a negative impact in the economy. They believe that the economy should be left to run in a laissez-faire way and it will find its optimal equilibrium.  Advocates of none or limited intervention include liberalism, the Austrian school and New Classical Macroeconomics.

As in most imperfect competition markets and especially in monopolistic ones, a firm may practice an abusive behaviour, which will translate into a loss of welfare. In such cases, government intervention will be praised both by consumers and those firms that seek for lower prices and a profitable share of the market. Regulations such as price setting, taxation or subsidies may be used in order to restore and maximise the initial efficiency of natural monopolies.

Nevertheless, the government must be cautious when setting and applying regulations, as an incorrect comprehension of the market structure may bring a higher cost to social welfare instead of the expected benefits. In order to achieve an optimal regulation level, governments should analyse and determine if natural monopolies can be sustained whenever they ensure a lower total cost. If this is the case, the government will have to guarantee that the firm does not make excessive revenues, and that fair prices are maintained. If, on the contrary, the total costs of the industry would diminish if new firms entered the market, the government should regulate their entrance. Essentially, what governments should do is to correctly balance the conflict between the industry’s efficiency and its profitability.

8 0
3 years ago
Read 2 more answers
The Botosan Factory has determined that its budgeted factory overhead budget for the year is $601,880 and budgeted direct labor
alexgriva [62]

Answer:

Allocated MOH= $541,200

Explanation:

Giving the following information:

Estimated overhead= $601,880

Budgeted direct labor hours= 367,000

The actual direct labor hours for the period are 334,000

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 601,880/367,000

Predetermined manufacturing overhead rate= $1.64 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.64*334,000

Allocated MOH= $541,200

8 0
3 years ago
In the product market of the circular flow model -
djverab [1.8K]

According to the circular flow model, the consumers buy finished products from firms in the product market.

Option D is the correct answer.

<h3>What is the circular flow model?</h3>

The flow of income through the economy of a country is described by an economic model called the circular flow model.

In the product market, the circular flow of funds is initiated from the household sector like consumers and ends in the business sector, that is, the firms, companies, or organizations. It simply means the flowing of money from consumers to firms when consumers purchase products from retailers.

Therefore, the purchase of products by consumers from firms in the product market under the circular flow model

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7 0
2 years ago
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