Business, 18.02.2021 21:10 angelinad02
What are the major determinants of price elasticity of demand?
A. Luxuries versus necessities
B. Excise taxes
C. Availability of complementary goods
D. Inferior goods and normal goods
E. Time
F. Proportion of income
G. Substitutability
Use those determinants and your own reasoning in judging whether demand for each of the following products is probably elastic or inelastic
A. Bottled water
B. Toothpaste:
C. Crest toothpaste.
D. Ketchup
E. Diamond bracelets
F. Microsoft's Windows operating
Answers: 3
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Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
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When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
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Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
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Business, 22.06.2019 16:50
The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 1
What are the major determinants of price elasticity of demand?
A. Luxuries versus necessities
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