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stepladder [879]
3 years ago
7

A company can test market a product in order to evaluate decisions about e.g, pricing and advertising. In order get reliable inf

ormation, the test market study should be conducted in a city ____________________________.
Business
2 answers:
Nimfa-mama [501]3 years ago
4 0

Options:

Where the are only local retail chains

with limited to no competition

where the demographics of the population is representative of the overall US population

consumers are used to test market studies

that has media spillover from other cities to increase media alternatives

Answer:Where the demographics of the population is representative of the overall US population.

Explanation: Test marketing is the process adopted by marketers in order to evaluate the general acceptability levels of a product, it helps marketers and product development officers to understand the various product parameters such as pricing, advertising etc.

TEST MARKETING SHOULD BE DONE WITH A SAMPLE POPULATION WHICH REPRESENTS THE DEMOGRAPHICS OF THE TARGET MARKET WHICH CAN BE THE UNITES STATES OF AMERICA IR ANY OTHER COUNTRY.

Olegator [25]3 years ago
4 0

Answer:

The test market study should be conducted in a city "where the demographics of the population is representative of the overall US population". This is a typical market condition, because of the high number of population involved.

Explanation: Test marketing a product is the process of evaluating the market price and acceptability of a product. This is mostly done in a city with an expected market environment which has a high population for the product. This product is taken to the market, and observe how consumers sees the product, and what price should be fixed for the product to be marketable.

In test marketing a product, the typical market for such product should be choosed, so that a better evaluation can be achieved. For example when you want to test market a cosmetic product, it won't be a better idea to take it to a zoo or a place where native condiments are sold, with a low number of population, because any evaluation gotten from such place may not give the product a better decision.

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An example of a foundational, career exploration, and planning Supervised Agricultural Experience activity is: *
Oksana_A [137]

Answer:

completing an interest survey and career plan.

Explanation:

SAE is an acronym for Supervised Agricultural Experience programs and it is typically a planned, practical-based program designed to help students develop competent skills and experience in their various career choice. Basically, it enhances the academic knowledge and agricultural skills acquired by the students in the classroom.

Generally, there are four (4) main types of Supervised Agricultural Experience Programs;

1. Entrepreneurship SAE.

2. Exploratory SAE.

3. Research and Experimentation SAE.

4. Placement SAE.

An example of a foundational, career exploration, and planning Supervised Agricultural Experience (SAE) activity is completing an interest survey and career plan. It avail students the opportunity to develop academic knowledge and agricultural skills, as well as competent skills and experience after they fill an interest survey and have created a career plan.

7 0
2 years ago
Item25 Item 25Item 25 Mullis Corp. manufactures DVDs that sell for $5.00. Fixed costs are $28,000 and variable costs are $3.60 p
Schach [20]

Answer:

NO EFFECT

Explanation:

Item 25 Mullis Corp. manufactures DVDs that sell for $5.00. Fixed costs are $28,000 and variable costs are $3.60 per unit.

Break Even Points units = Fixed Costs / Contribution per unit = 28,000 / ($5-$3.6) = 20,000 units

Mullis can buy a newer production machine that will increase fixed costs by $8,000 per year, but will decrease variable costs by $0.40 per unit.

Break Even Points units = Fixed Costs / Contribution per unit = 36,000 / ($5-$3.2) = 20,000 units

The purchase of the new machine will have NO EFFECT on Mullis' break-even point in units.

5 0
3 years ago
Explain the importance of denists and physiotherapists​
Paraphin [41]

Explanation:

physiotherapists help people affected by injury, illness or disability through movement and exercise, manual therapy, education and advice. They maintain health for people of all ages, helping patients to manage pain and prevent disease.

dentistry is important to maintaining the health of your smile as well as your overall health. Unaddressed tooth decay or gum disease can lead to infections and other conditions that can put your entire body at risk for health issues.

if my answer helps you than mark me as brainliest

5 0
3 years ago
Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribu
xenn [34]

Answer:

41 percent

Explanation:

Given : Budgeted Sales $112,900,000

            Fixed Costs $25,000,000

            Variable Costs $66,611,000

Contribution margin =  Net Sales - Variable costs

                                  = $112,900,000 - $66,611,000

                                  = $ 46,289,000

Contribution Margin Ratio = \frac{Contribution\ Margin}{Net\ Sales}  = \frac{46289000}{112900000} =  41%

Contribution margin ratio indicates the percentage of sales remaining so as to cover a firm's fixed expenses. It also represents how much percentage of sales is required to cover the variable costs.

It is also expressed as , 100 - Variable cost ratio (in percentage)

6 0
3 years ago
Boise Timber Co. computes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixe
JulsSmile [24]

Answer:

285,000 units

Explanation:

The computation of the cash break-even point of sales units is shown below:

Cash break-even point = (Fixed cost - depreciation) ÷ (contribution margin per unit)

where,

Fixed cost = $7,600,000

Depreciation = $7,600,000 × 0.25% = $1,900,000

And, the contribution margin per unit is $20

So, the cash break-even point of sales units is

= ($7,600,000 - $1,900,000) ÷ ($20)

= 285,000 units

8 0
3 years ago
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