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2 years ago

What could you do while promoting this product/service to customers to entice them close the sale?

1 answer:

4 0

Of course don't false advertise, but make sure you have a catchy design or ad (whichever way you promote), and make it simple. The fewer the words, the more likely it would catch someone's eye.

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A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant counts a cheeseburger as equival

konstantin123 [22]

Answer:

a. 14.13 Hamburger per week b. 13.78 Hamburger per week

Explanation:

a. First of all we can convert all the items on the menu to a same unit.

1 Cheese Burger = 1.29 Hamburger

1 Chicken Sandwich = 0.8 Hamburger

So in the first week total output of the restaurant is

Output = 700 Hamburger + 900 Cheeseburger + 500 Chicken Sandwich

Output = 700 Hamburger + 900*1.29 Hamburger + 500*0.8 Hamburger

Output = 2261 Hamburger

And as there are 4 workers so total input is

Input = 4*40 = 160 hours

The productivity is given by

Productivity = Output/Input

Productivity = 2261 Hamburgers/160 Hours

Productivity = 14.13 Hamburger per week

b. If the restaurant sold 720 of each sandwich, then total output would be given by

Output = 720 Hamburger + 720 Cheeseburger + 720 Chicken Sandwich

Output = 720 Hamburger + 720*1.29 Hamburger + 720*0.8 Hamburger

Output = 2204.8 Hamburger

So the productivity would have been

Productivity = 2204.8 Hamburgers/160 Hours

Productivity = 13.78 Hamburger per week

Which would have been lower as that of in the first case.

3 0

3 years ago

Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumpti

Aleonysh [2.5K]

Answer:

The government policy should have reduced beer consumption by 0.6 or 60%

Explanation:

Mid point formula calculates the ratio of mid point of change in demand and change in price to their average value. Then these changes are used in the calculations of elasticity of demand.

According to given data:

Elasticity of demand = 0.9

Midpoint of price = (20-10) / [(20+10)/2] = 10 / 15 = 0.6667

Elasticity of Demand = Midpoint of demand / Midpoint of price

0.9 = Midpoint of demand / 0.6667

Midpoint of price = 0.9 x 0.6667 = 0.6

Change in demand is should reduce the consumption by 0.6 or 60%.

4 0

3 years ago

Read 2 more answers

A lifestyle that minimizes avoidable frustrations could particularly benefit a person who is predisposed to higher levels of str

Firlakuza [10]

Answer:

Type A behaviour pattern.

6 0

3 years ago

Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a

irga5000 [103]

Answer: Option (d) is correct.

Explanation:

Correct Option: Marginal revenue equals marginal cost.

Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.

The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

3 0

3 years ago

A _____________________ is created during the first half of the Sprint planning meeting and a _________________ is created durin

Anna007 [38]

Answer:

The correct answer is letter "C": Sprint Goal, Sprint Backlog.

Explanation:

Sprint Planning is the first event where the task to be done in the course of the sprint is planned. In this meeting, the <em>Scrum Master, Product Owner, and the Developing team</em> meet. After brainstorming, the Sprint goal is set during the first half of the planning. In the second half, the Sprint backlog is created to establish the steps that will be taken in the effort of achieving the Sprint plan.

8 0

3 years ago