Answer:
Interactive
Explanation:
Interactive marketing is the kind or form of marketing which is defined as the one to one practice of marketing that centres the individual person or consumer and then prospects the actions.
In this kind of marketing practice, it comprise of the initiatives of marketing that are triggered through behaviors as well as preferences of the customer. And for this reason, it is major shift from the campaign grounded efforts of marketing.
So, in this case, the actions through the account representative are a kind of interactive marketing.
Answer:
- a. <em>Break-even quantity:</em> <u>28,000 pens</u>
- b<em>. Price</em>: <u>$1.51 per pen</u>
Explanation:
1. Break-even quantity
<u>a) Revenue, R(x)</u>
The monthly revenue is the product of the price by the number of units sold in the month.
Naming x the number of pens sold in the month:
<u>b) Cost, C(x)</u>
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The monthly cost is the sum of the fixed cost per month plus the variable costs:
- C(x) = $21,000 + 0.25 × x = 21,000 + 0.25x
<u>c) Break-even</u>
Break-even is the point when the revenue and the total costs are equal, this is, when the profit is zero. Write the equation and solve:
Hence, the break-even quantity is 28,000 pens.
2. Price pens must be sold to obtain a monthly profit of $18,000
Profit = Revenue - Total cost
- P(x) = x.p - [ 0.25x + 21,000]
Where p is the price.
- P(x) = x.p - 0.25x - 21,000
Substitute the quantity demanded, x, with 31,000, and the profit, P(x) with 18,000:
- 18,000 = 31,000p - 0.25(31,000) - 21,000
Solve for p and compute:
- 31,000p = 18,000 + 7,750 + 21,000
That is $1.51 per pen.
Answer:
B) Favourable Variances occur whenever actual prices or actual usage of inputs are greater than standard prices or standard usage.
Explanation:
Variances refer to the difference between actual and standard or budgeted costs. Standard cost is also referred to as budgeted cost. Budgeted costinh can be used by a food nutritionist to determine the food quantity he can cook as well as the ingredient amount which consists of the budgeted costs and the actual cost of preparing the food. Budgeted costchas a major advantage which is its ability to determine the pricing policy even before the product or service is delivered. When favourable or unfavourable variances are mentioned, it refers to the greater of budgeted or actual price or quantity. Favourable goes with a greater actual price or quantity while unfavorable or adverse goes with a greater standard price or quantity.
Answer:
the European Central Bank (ECB) should engage in a contractionary monetary policy
Explanation:
A contractionary monetary policy takes place when a central bank (or the Fed) reduces the money supply in order to cool down the economy, lower inflation rate or like in this case, wants to offset expansionary fiscal policy.
The central bank initially raises the interest rates and starts selling more securities in order to absorb cash from the markets.
Answer:
The answer is: D) a,b, and c
Explanation:
Significant financial interest (SFI) is anything of monetary value, whether that value can be determined or not, that belongs to: an investigator, the investigator's spouse, or any dependent children.
When an investigator receives funding from the NIH it must complete a Declaration Form including all the SFI acquired or discovered in the past year.
Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.
