Answer:
The answer is option E) The new-product idea is at the last stage of the development process.
Explanation:
The are several stages in the development of a new product idea. Beginning with initial idea generation all the way to the final evaluation stage.
The new prototype riding lawnmower especially for women designed by Wayne Industries is at the last stage of the development process.
The last stage of the development process also known as the Evaluation phase is characterized by:
- Presenting the marketing strategy developed for the product.
- ensuring that the product meets all the CPSC product specifications and leaves little chance for any product liability issues.
Answer:
e.0.39
Explanation:
The computation of the atlas margin for the last year is given below:
atlas margin for last year is
= operating income ÷ sales
= $92,000 ÷ $235,000
= 0.39
hence the atlas margin for the last year is 0.39
Therefore the correct option is e
And, the above formula should be used for the same
Answer:
Place
Explanation:
The four Ps of the marketing mix are:
- price: Thad has already carried out a comparative price analysis
- place: ?????
- promotion: Thad already started developing a marketing strategy.
- product: Thad has already research his competitors' products and market trends. He also worked together with the product manager to add more color options.
Answer : The new tax payment when he saves 8 % tax this year is, $3680
Explanation :
As we are given that,
Original property tax paid by a man = $4000
Percent rate of saving tax = 8 %
First we have to calculate the amount of tax he saved.
Amount of tax he saved = 
Amount of tax he saved = 
Amount of tax he saved = $320
Now we have to calculate his new tax payment when he saves 8 % tax this year.
New tax payment = Original property tax - Amount of tax he saved
New tax payment = $4000 - $320
New tax payment = $3680
Thus, the new tax payment when he saves 8 % tax this year is, $3680
Answer:
b. the market price is below equilibrium
Explanation:
Markets are at Equilibrium, where market demand = market supply. Market Demand is downward sloping due to price - demand inverse relationship as per law of demand. And, Market Supply is upward sloping due to price - supply direct relationship as per law of supply
When Price is below Equilibrium price : Market demand is more, as it is inversely related with price. And, Market supply is less, as it is directly related with price. So Market Supply is more than Market Supply. This implies Scarcity (Market Shortage), when supply is insufficient to fulfil demand.
This excess demand (or shortage/ scarcity) creates competition among buyers & pushes up the market price.This way; finally, the market price & market quantity resume back to equilibrium level.
