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Papessa [141]
3 years ago
12

At the price of $4 a book, Hannah buys 6 books and Nene buys 5 books. When the price rises to $7 a book, Hannah buys 3 books and

Nene buys 1 book. What is the market demand at $7
Business
1 answer:
UkoKoshka [18]3 years ago
7 0

Answer:

4

Explanation:

Demand is the quantity of goods and services bought at a given price.

The higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. This is known as the law of demand

Market demand is the sum of demand of individuals at a given price

market demand at $7 = 3 + 1 = 4

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You heard somebody say, Marketing is just sales and advertising" Discuss the accuracy of this statement
Serga [27]

Answer:

Marketing is much more than just sales and advertising.

Explanation:

Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .

Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.

The distribution channel must also be considered, like getting the goods

directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.

The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).

3 0
4 years ago
Beth was interviewing candidates for a sales position in her department after her last two sales consultants left the position b
mr_godi [17]

Answers: selective perception

Explanation: Beth's decision to hire only male sales consultants was as a result of the experiences she had with her previous female consultants. She believes male consultants are less likely to leave due to family issues that requires sorting out, or at least not as frequently as do the females. This is based on selective perception, a form of bias wherein we interpret information in a way that is consistent with our existing value, beliefs, emotions or experiences etc. It is defined as that which makes individuals process stimuli most relevant to their needs and evaluation. Several factors influencing selective perception include previous experience, attitudes, conditioning, gender, age, race and emotional state.

8 0
3 years ago
Which of these options for saving money offers the lost liquidity?
daser333 [38]

The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: brainly.com/question/15691477

#SPJ1

8 0
2 years ago
On January 1, 2018, Normal Plastics bought 15% of Model, Inc.'s outstanding bonds for $900,000. On October 1, 2019, the bonds we
Brums [2.3K]

Answer:

$63,000

Explanation:

The computation of the income statement from this investment is shown below:

= (Value of the bond - outstanding bond) ÷ criteria

= ($1,026,000 - $900,000) ÷ 2

= $126,000 ÷ 2

= $63,000

The outstanding bond value is subtracted from the value of the bond and the amount that comes is divided by 2 so that the actual amount could come.

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4 years ago
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