Answer:
B
Explanation:
Standard is used for unit projection and unit prices of a product, while Budget is used for total projection in both price and Total units of a product.
<u>If advertising draws more price sensitive consumers into the set that are willing to pay for a particular brand, this will increase the price elasticity of demand facing the brand</u><u>.</u>
Answer:
Command economy
Explanation:
A command economy is one in which the government and not the free market determines the goods to be produced, how they are produced, and the price at which they are sold. It is also called planned economy and the government has monopoly of the economy.
It is a feature of communist governments.
China is an example of command economy.
Answer:
Undifferentiated
Explanation:
Andrew has applied an undifferentiated marketing mix approach. The undifferentiated techniques is a type of marketing mix approach that centres around a whole target market. This procedure utilises a single marketing mix which consists of one item, one value, and one situation . This approach is initiated to attain maximum customers in a specific target market within a short spam of time.