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Alex777 [14]
2 years ago
15

A large life insurance company has decided to switch from using a strong fear appeal to a humorous approach. What are the streng

ths and weaknesses of such a change in message strategy?
Business
1 answer:
BlackZzzverrR [31]2 years ago
5 0

Answer:

Explanation:

A fear approach is meant to scare people and make them aware that they are only human and that bad things can happen. This would push them towards buying the insurance package. A humorous approach would focus more and a funny message of why it is important. This change would be targetting the same audience but with a completely opposite message which may not reach people the same way, especially if those individuals do not like the humor aspect of it and are not longer scared from the previous fear strategy that the company would have had.

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A 16-ounce bottle of Prairie Herb vinegar sells for $4.95, and a 16-ounce bottle of Heinz vinegar costs $1.05 . Prairie Herb vin
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Price Skimming

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Prairie Herb Vinegar is new to the market and using a price skimming strategy. This is where the product is sold at the highest price a certain customer base will be willing to purchase the product at. This also creates a scenario where a perception of quality is created. As the company attempts to attract more customers they will lower the price of the product hopefully expanding their existing customer base.

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Mrs. Holmes can help the student in the domains that are of value to the student.

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The domain names of learning teach students to think significantly by the use of strategies that make the maximum experience for them. They benefit students by teaching them diverse methods to technique new ideas and ideas. they also supply instructors tools to cater the learning revel to the unique needs of each student.

The affective domain is important for learning however is regularly now not specially addressed. This is the area that deals with attitudes, motivation, willingness to participate, valuing what's being learned, and ultimately incorporating the values of an area into a way of existence.

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1 year ago
Consider a profit-maximizing monopoly pricing under the following conditions. The profit-maximizing price charged for goods prod
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Answer:

The dead weight loss created will be equal to $6.

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A profit-maximizing monopoly is charging the price of $12.

The profit-maximizing output level is 10 units.  

The marginal cost at this level is $6.  

The socially optimal level of output is 12 units.  

The demand and cost curves are linear.  

Since the monopoly firm is producing less than socially optimal level and charging a higher price, it will create a deadweight loss in the market.

The value of the deadweight loss will be equal to the triangular area created by AR, MR and MC curve between socially optimal output and profit-maximizing output.  

The deadweight loss

= \frac{1}{2}\times base \times height

= \frac{1}{2} \times 12-6 \times 12-10

= \frac{1}{2} \times 6 \times 2

= $6

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