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3 years ago

If a store has a “buy one, get one free” sale and an item costs $10, what is the marginal cost of the second item?

Business

2 answers:

N76 [4]3 years ago

7 0

It would be $0 because if you already bought one the second one is free and $0 you wouldn’t have to pay anything

Charra [1.4K]3 years ago

5 0

The marginal cost of the second item is $0

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When the manufacturer of Cool Whip introduced a chocolate-flavored Cool Whip and still continued to produce all of its other Coo

Mashutka [201]

If the manufacturer of Cool Whip were to introduce a chocolate-flavored Cool Whip and still continue to produce all of its other Cool Whip products, this would be an example of (C) line extension.

<h3>What is line extension?</h3>

The process of expanding an established product line is referred to as line extensions.
When a corporation with a well-known brand releases new items in a product segment.
The corporation capitalizes on the existing product's value to the market and presents new options to consumers.
A corporation launches a brand line extension by using the brand name of an existing product to launch a new, somewhat different item in the same product category.
Line extension would be demonstrated if the manufacturer of Cool Whip introduced a chocolate-flavored Cool Whip while continuing to produce all of its existing Cool Whip products.

Therefore, if the manufacturer of Cool Whip were to introduce a chocolate-flavored Cool Whip and still continue to produce all of its other Cool Whip products, this would be an example of (C) line extension.

Know more about line extension here:

brainly.com/question/14720584

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The complete question is given below:
If the manufacturer of Cool Whip were to introduce a chocolate-flavored Cool Whip and still continue to produce all of its other Cool Whip products, this would be an example of

a. a brand extension.

b. quality modification.

c. line extension.

d. a new-to-the-world product.

e. functional modification.

8 0

2 years ago

Nathan wants to buy a sweatshirt and is trying to determine the better buy. He has a 3030% coupon for the in-store purchase. T

slava [35]

Answer:

It is better online, for 1.1 dollars

Explanation:

Do you understand all the words used in stating the problem?

Yes.

What are you asked to find or show?

The differnece in price bewtween the store T-shirt and the On-line T-shirt

Can you restate the problem in your own words?

Nathan can purchase a Tshirt by $38 with 30% discount or $34 with 25% discount. Which is the cheapest option?

Is there enough information to enable you to find a solution?

Yes, we have the list price for both T-shirt and the discount on each one.

Devise a plan:

Use a formula

list price less discount = net cost

We will calculate the net cost for the T-shirt

in-store purchase scenario

$38 - 30% coupon = 26.6 dollars

on-line purchase scenario

$34 - 25% off = 25,5‬ dollars

The difference will be:

$26.6 - $25.5 = 1.1 dollar in favor of the online purchase

4 0

3 years ago

Suppose the price of tablets increases by 8 percent and producers respond by increasing the quantity supplied by 20 percent. The

zimovet [89]

Answer:

The answer is: C) 2.5 and producers are very responsive to the price change.

Explanation:

The price elasticity of supply refers to what percentage does the quantity supplied change when the price of the good changes in 1%. It is calculated using the following formula:

price elasticity = % change in quantity supplied / % change in price

Price elasticity of supply of tablets = 20% / 8% = 2.5

For every 1% that the price increases, the quantity supplied will increase by 2.5%.

Since PES > 1, the supply is very price elastic.

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3 years ago

Which of the following is not a benefit of communication?

mart [117]

Answer:

Could you add more details please

Explanation:

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3 years ago

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What would most likely happen to the price of cable TV in Sydney, NE, when the single cable TV firm now has a new competitor com

Vika [28.1K]

Answer:

If the the single cable TV firm from Sydney now has a new competitor coming into town, what will most likely happen with the price of the service is that it will go down and become more accessible to consumers, as a direct consequence of the generation of competition from market between the companies involved.

The concept of competition plays a central role in economic theory. it is a situation by which different actors (companies or consumers) compete for a share in the same activity, typically the sale or purchase of a product or service. For economic operators, it is often an advantage to have limited competition on their own side of the market and a lot of competition on the opposite side, as it allows for high profits. From the point of view of society, as high a competition as possible is usually an advantage, as it ensures the best possible utilization of society's resources.

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3 years ago