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professor190 [17]
3 years ago
9

JeMarcus is going to sell sporting apparel, which he has already purchased from manufacturers, and has signed a deal agreeing to

the volume he will sell monthly. He has researched his competition, talked to some customers, and decided on prices he will charge. JeMarcus has also developed a plan for promoting his business. Based on this description, which element of the marketing mix does JeMarcus still need to work on
Business
1 answer:
Butoxors [25]3 years ago
8 0

Answer:

Place is the correct answer.

Explanation:

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Assume the market basket for the consumer price index has two​ products, bread and​ milk, with the following values in 2013 and
Helga [31]

The market basket for the consumer price index has two​ products, bread and​ milk, with the following values in 2013 and 2018 for price and​ quantity: Base Year​ (2013) 2018 Product Quantity Price Price Milk 50 ​$1.20 ​$1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>

<u />

Explanation:

The market basket for the consumer price index has two​ products, bread and​ milk, with the following values in 2013 and 2018 for price and​ quantity: Base Year​ (2013) 2018 Product Quantity Price Price Milk 50 ​$1.20 ​$1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>

The CPI is a statistical technique that  estimate or make use of the prices of a sample of representative items and these prices are collected periodically.

The Consumer Price Index (CPI) is index which is used to  examine the weighted average price of  consumer goods and services  basket , which includes transportation, food, and medical care and  is calculated by taking price changes for each item in the predetermined basket of goods and averaging them out

6 0
3 years ago
1. Interest rates on a 4-year Treasury security are currently 7%, while 6-year Treasury securities yield 7.5%. If the pure expec
Fiesta28 [93]

Answer:

The market believes that 2-year securities will be yielding 4 years from now is 8.51%

Explanation:

The pure expectations theory tries to predict what short-term interest rates will be in the future based on current long-term interest rates.

Given data;

Interest rate on 4-year treasury security = 7%

Interest rate on 6-year treasury security = 7.5%

The pure expectation theory explains  that the 6-year rate is the geometric average of the 4-year rate and the 2-year rate 4 years from now.

The 2-year rate in 4 years is represented by r

We solve;

(1  +  7.5%)⁶ =  (1  +  7%)⁴ ×  (1  +  r)²

(1 + 0.075)⁶  = (1. 0.07)⁴ ×  (1  +  r)²

1.543301526  =  1.31079601  ×  (1  +  r)²

1  +  r  =  1.08507020

r  =   1.08507020 - 1

r = 0.08507020

r = 8.51%

Therefore, the market believes that 2-year securities will be yielding 4 years from now is 8.51%.

6 0
3 years ago
High return on an investment is asHigh return on an investment is associated withsociated with
d1i1m1o1n [39]
High return on an investment is associated with high risks.
the bigger amount you give for an investment, the bigger possibility that you can have bigger return however the higher risk that you can loss a big amount of money also.
5 0
2 years ago
Shalina uses the expression 3x to determine the cost of x notebooks. What is the cost of 24 notebooks? $8 $27 $62 $72.
Lana71 [14]

An estimated amount of money or payment required to pay by the purchaser to the owner or manufacturer is called cost. It is a defined amount of price set by the seller for its product.

$ 72 is the cost for the notebooks.

<h3>How to determine the cost?</h3>

Given,

  • Cost of x notebooks = 3x
  • Number of notebooks (x) = 24

Cost of 24 notebooks = 3 (24)

Cost = 72

Therefore, option d. $72 is the cost of the notebook.

Learn more about cost price here:

brainly.com/question/962043

5 0
2 years ago
Read 2 more answers
After the economic recession, the boating industry suffered from a decline in sales. However, recent sales forecasts indicate th
natka813 [3]

Answer:

push strategy

Explanation:

The push strategy consists of a marketing strategy whose objective is to make customers buy the products of a company through the use of marketing to attract consumers, for example, advertisements on social media, advertising on TV, exhibitors, etc.

In this strategy, the company searches for its customers by running ads about the benefits and features added to its product so that the customer knows the product and thus decides to make the purchase.

3 0
3 years ago
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