False, advertising and sales promotions only respond to what the copywriter thinks are important to customers. <span>Unlike advertising and sales promotion, personal selling can respond only to the questions and objections that the copywriter thinks are important to customers.
Since the advertisements and the sales promotions are nonnegotiable once out in the media, these are approved by the copywriter and what is allowed and deemed to be advertised is. When you conduct personal selling you are talking one on one with a customer or client base and can explain the product more in-depth and focus on the benefits for each one verses the overall product to a large customer base. </span>
Answer:
- 2017 Price Index is 100
- 2018 Price Index is 111
Explanation:
The Price Index for any given Base year is always 100. 2017 is staed to be the base year so it's price index is 100.
2018
The Student Price Index can be calculated using the formula;
SPI = ![\frac{cost of basket of goods in the year of interest}{Cost of the basket of goods in the base year} * 100](https://tex.z-dn.net/?f=%5Cfrac%7Bcost%20of%20basket%20of%20goods%20in%20the%20year%20of%20interest%7D%7BCost%20of%20the%20basket%20of%20goods%20in%20the%20base%20year%7D%20%20%2A%20100)
=
* 100
= ![\frac{12,900}{11,600} * 100](https://tex.z-dn.net/?f=%5Cfrac%7B12%2C900%7D%7B11%2C600%7D%20%2A%20100)
= 111.21
= 111
Assuming that the amount of money he buys the car for + gas, maintenance, etc. costs outweighs the cost saved by biking or public transportation (if he's OK with doing those two), he should probably consider walking, biking, or using public transportation for those few years
Answer:
I think the answer is $1,500.
Explanation:
I hope this helps. If the answer is wrong then sorry and you don't have to give me the points. In here I think I did the calculation wrong.
Answer: The answer is b
Explanation:
The concept of advertising response function is based on the theory of marginal physical product and shows the relationship between advertising and the level of consumption of the goods by the consumers. The theory of marginal physical product states that when there is a change in total product resulting from one unit change in the quantity of the resources used per unit of time. When average product is increasing ,marginal physical product is greater than average product,when average product is maximum ,marginal physical equals average product .when average product is decreasing marginal physical product is less than average product.The theory of marginal physical product can also be called the law of diminishing return which states that if increasing quantities of one factor of production are used in conjunction with a fixed quantity of other factors then, after a certain point each successive unit of the variable factor will make smaller and smaller addition to the total output. In this case, the law tells the Trend Inc when to stop adding more input of the variable factor to a fixed factor.
Invariably, we are saying that it high time for Trend Inc, should spend proportionately less on advertising than on newer line. It should now spend more money on bringing of new product into the market than spending more on the advertisement of the sport shoes because at a certain point the demand for the old product will fall when diminishing return must have set in on the product demand.