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Alex73 [517]
3 years ago
9

Product indicators of sensitivity to price include all of the following EXCEPT:

Business
2 answers:
ivanzaharov [21]3 years ago
6 0

Answer:

the ability to switch easily.

Explanation:

Product indicators help a company to measure the performance of its product against a defined target. The price sensitivity of product determines a company how much the demand for a certain product will change if there is change in price of that product. This enables the company to compare its product easily and measure the performance of its product as it was expected that whether it meets the criteria or goals of the business. Product indicators of sensitivity to price do not include the ability to switch easily.

lakkis [162]3 years ago
5 0

Answer:

The correct answer is letter "B": the ability to switch easily.

Explanation:

Price sensitivity refers to the susceptibility of changes in the demand for products and services due to changes in <em>buyers, prices, </em>or <em>products</em>. The elasticity of demand is used to measure price sensitivity. The <u><em>product indicators</em></u> for price rely on the <em>differentiation of alternatives, easy comparability, expected performance, </em>and <em>uncritical mission</em>.

<em>One of the </em><u><em>buyer indicators</em></u><em> for price sensitivity relies on the ability to switch easily.</em>

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Shugart sells two products. Product A sells for $88 with variable costs of $38. Product B sells for $143 with variable costs of
andrew11 [14]

Answer:

$81 approx

Explanation:

Contribution margin refers to sales receipts in excess of variable costs incurred. This represents contribution from a product earned which is after variable costs have been incurred.

<u>Product A</u>

Selling price per unit = $88

Variable cost per unit = $38

Contribution per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = $88 - $38 = $50

Similarly, for <u>product B</u>,

Contribution margin per unit = $143 - $47= $96

<u>Products         Weights            Contribution        Weighted contribution</u>

A                       0.32                    50                            16

B                       <u>0.68</u>                    96                            <u>65.28</u>

                         1.00                                                     81.28

Hence, weighted average contribution margin is $81.28 or $81 approx

7 0
3 years ago
Can anyone help me with this?
Nastasia [14]
I think it's the first one

8 0
4 years ago
Read 2 more answers
Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh
Marysya12 [62]
<span>1) - we see here that each college is different, so the answer is that they are not competitive because they are not not homogenous - since they can for example not all offer the same courses 2) This is a monopoly - they have the exclusive right to provide some service! it's not a competetive market (other companies don't have free entry). 3) Here there are not too many sellers - it's just a few companies, so people alsco can't choose from too many options. 4) this is a true competitive market - it has a free entry, many sellers and the product is homogenous!</span>
3 0
3 years ago
A 180-day $3 million CD has a 4.25 percent annual rate quote. If you buy the CD, how much will you collect in 180 days?
Katarina [22]

Answer:

$3,063,750

Explanation:

A 180 day $3,000,000 CD

Annual rate = 4.25%

Collection in 180 days = ?

$3,000,000 * 4.25% * 180/360

= $3,000,000 *  0.02125

= $63,750

Total amount to collect after 180 days = $3,000,000 + $63,750

Total amount to collect after 180 days = $3,063,750

8 0
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A statistic is said to be unbiased if:
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B. The mean of its sampling distribution is equal to the true value of the parameter being estimated
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