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3 years ago

Why should marketing focus on the customer?

Business

1 answer:

vova2212 [387]3 years ago

3 0

Answer:

because if they don't they could steal from them and markets could be shut down

Explanation:

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In spending all his income on beer and pizza, Fred finds that the marginal utility of the last pizza he consumed is 8, and the m

bagirrra123 [75]

Answer:

C) $3.00

Explanation:

since Fred has been able to maximize his utility by consuming both pizza and beer, the marginal utility per dollar of pizza and beer must be equal.

The price of a bottle of beer is $1.50 and Fred obtains 4 utils from consuming it. If the marginal utility of pizza is 8 units, it is equivalent to 2 beers. So the price of pizza must equal $1.50 x 2 = $3

6 0

4 years ago

Read 2 more answers

Demmert Manufacturing incurred the following expenditures during the current fiscal year: annual maintenance on its equipment, $

S_A_V [24]

Answer and Explanation:

The description is as follows:

The annual maintenance for an equipment is $5,600 it would be classified as a normal repairs & maintenance and the same would be expensed

The remodeling of office for $22,200 would be classified as an improvement. The same would be capitalized & depreciated

The rearrangement of the shipping & receiving area for $35,200 would be classified as a rearrangement and The same would be capitalized & depreciated

The addition for $25,200 would be classified as an addition and The same would be capitalized & depreciated

7 0

3 years ago

The price elasticity of demand is –1.25, and the share of the tax borne by consumers is 0.80. what is the price elasticity of su

Musya8 [376]

<span>Price elasticity of demand is -1.25 = Ed</span>

Price elasticity of supply = Es

Share of tax by consumers = 0.80 = Es / (Ed + Es) = Es / Es + 1.25

0.8 Es + 1 = Es

1 / 0.2 = Es = 5

Therefore, the price elasticity of supply is 5

3 0

4 years ago

Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $15, direct labor $

AlexFokin [52]

Answer:

$67.2

Explanation:

With regards to the above,

Total unit cost = $15 + $9 + $6 + $8 + $4 + $6 = $48

Target selling price = Total unit cost × (1 + mark up)

Since markup percentage is 40% or 0.40

Therefore,

Target selling price = $48 × (1 + 0.4)

= $48 × 1.4

= $67.2

Therefore the target selling price is $67.2

6 0

3 years ago

Trevor Company expects sales of Product W to be 64,000 units in April, 79,000 units in May, and 74,000 units in June. The compan

Alex73 [517]

Answer:

66,600 units

Explanation:

Sales for April = 64,000 units

Closing Inventory Required at end of April = 31,600 units (79,000*40%)

Units Required = 64,000 units + 31,600 units

Units Required = 95,600 units

Units Need to be produced = Units Required - Units Available now

Units Need to be produced = 95,600 units - 29,000 units

Units Need to be produced = 66,600 units

So, trevor Company's production of Product W for the month of April should be 66,600 units.

7 0

3 years ago