The promotion mix element that is facilitated by words of mouth is ADVERTISING.
Word of mouth advertising is a form of unpaid spread of positive marketing information which move from one person to another. The method involves passing information across to other people by meaning of oral communication.
Answer:
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals
Explanation:
good luck
please mark me as a brainliest
Answer question answer please correct answer answer please answer question
Answer:
Endogenous variable - frozen yogurt
exogenous - ice cream
If ice cream become more expensive the demand for ice cream would fall and consumers would shift to the consumption of frozen yogurt which is cheaper. This changes are in line with the law of demand. According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
There would be a rightward shift of the demand curve for frozen yogurt equilibrium price and quantity of frozen yogurt would increase would increase
Explanation:
Frozen yogurt is a substitute for ice cream.
Substitute goods are goods that can be used in place of another good