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yanalaym [24]
3 years ago
10

How important do you think focus groups are to the eventual success of a new product?

Business
1 answer:
olga2289 [7]3 years ago
5 0

Answer:

Yes

Explanation:

Focus groups help businesses learn what their customers think, enabling strategic decision-making focused on their target market's true wants and needs

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Keynes believed that Question 8 options: Say's law would hold in a laissez-faire economy. the economy would always be near or on
zloy xaker [14]

Answer:

wages and prices are often inflexible in the downward direction.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

Keynes believed that wages and prices are often inflexible in the downward direction.

In Economics, when there are monetary disturbances and a great level of macroeconomic factors in the economy of a particular country, this usually result in prices of goods and services being sticky.

6 0
2 years ago
Suppose the price for an Lyft ride in Austin, TX decreases from $15 to $12 causing the quantity of rides demanded to increase fr
Inessa [10]

Answer:

Midpoint value of price elasticity of demand = -2.07

Explanation:

We know,

Midpoint value of price elasticity = \frac{(Q_{2} - Q_{1})/[(Q_{2} + Q_{1})/2] }{(P_{2} - P_{1})/[(P_{2} + P_{1})/2] }

Given,

Original Price, P_{1} = $15

New Price, P_{2} = $12

Original Quantity demanded, Q_{1} = 1,000 units

New Quantity demanded, Q_{2} = 1,600 units

Putting the value in the above midpoint formula, we can get

Midpoint value of price elasticity = \frac{(1,600 - 1,000)/[(1,600 + 1,000)/2]}{(12-15)/[(12+15)/2]}

Midpoint value of price elasticity = \frac{600/1,300}{-3/13.5}

Midpoint value of price elasticity = \frac{0.46}{-0.22}

Midpoint value of price elasticity of demand = -2.07

8 0
3 years ago
Archway Architects, Inc., makes travel arrangements online and stores the confirming documents and receipts on its servers. Unde
Firlakuza [10]

Answer:

The correct answer is D that it is a record.

Explanation:

Record is the term which is described as keeping a track of the items which is necessary for the business by recording them and can be use a proof if something wrong happen in the business.

So, keeping the documents as well as the receipts on the servers, under the UETA, information which is inscribed, stored in any form is a record.

6 0
3 years ago
In economics, another term for satisfaction is marginal productivity. income elasticity. utility. price elasticity.
Feliz [49]

Answer:

Utility

Explanation:

Utility is an economic term used to represent satisfaction or happiness. Marginal utility is the incremental increase in utility that results from consumption of one additional unit.

3 0
3 years ago
An unfavorable fixed overhead volume variance can be due to all of the following except a.sales orders at a low level b.an incre
IgorC [24]

B is the correct answer.

An unfavourable fixed overhead volume variance can be due to all of the following except an increase in utility costs.

<h3>What is utility costs?</h3>

Utilities costs are the price associated with using services including electricity, water, waste removal, heating, and sewage. Throughout the reporting period, expenses are incurred, calculated, and accrued for, or payments are made. The term "Utility Costs" refers to all fees, surcharges, and other expenses related to providing any utilities that are necessary for the Premises, the Premises, or the Improvements, including, but not limited to, heating, ventilation, and air conditioning costs, costs associated with providing gas, electricity, and other fuels or power sources to the Premises, and costs associated with providing water and sewage services to the Premises.

To learn more about utility cost, visit:

brainly.com/question/8212077

#SPJ4

8 0
1 year ago
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