essentials of marketing, 17e by william d. perrault, joseph cannon and e. jerome mccarthy, (mcgraw-hill, publisher).
Answers
8 Marketing Essentials from William D. Perrault, Joseph Cannon, and E. Jerome McCarthy.
In the 17th edition of their essential marketing text, Marketing: Essentials, William D. Perrault, Joseph Cannon, and E. Jerome McCarthy introduce students to the eight vital principles of marketing that are consistently confirmed by successful marketers themselves, which they label as the 8 Essentials of Marketing )(p. ix).
Although these principles may seem simple and even obvious, they provide an excellent foundation to build upon as students move on to more advanced topics in the field of marketing.
William D. Perrault, Joseph Cannon, and E. Jerome McCarthy explain this concept in their book Essentials of Marketing by explaining the concept of market segmentation, which focuses on targeting one specific group of consumers that have needs that fit your company’s products or services.
Market segmentation involves looking at how similar or different your potential customers are from each other, the patterns of their behavior when purchasing goods and services, and how likely they are to buy what you are selling.
How can you do this? Keep these eight marketing essentials in mind.
Understand your Customers: Understanding your customer's segment details the basics of how to get information about potential customers for a company's product or service.The authors provide three questions to ask when getting the background of prospective customers: who are they? what do they want? and why do they buy?
Too better understand their needs, marketers need to be aware that people may use different products or services at different times throughout their lives based on life changes like marriage, divorce, the birth of children, etc.
2. Develop a Supportive Network: For Example, When a man started his last job in publishing, he didn't have a contact in the industry but he had a few people on social media that he followed so they could talk to each other and learn about the day-to-day running of publishing houses.
He is still not close to any of them in real life but they were instrumental in teaching me what goes on behind life - something nobody teaches you when you're just starting!
3. Create an Inviting Atmosphere: In deciding where to locate your business, take into account who you are selling to as well as what is available in the marketplace that meets the needs of your target market.
For example, if you sell beach apparel then locating on a busy shopping street with a lot of foot traffic would be a good idea.
Conversely, if you are looking for something less conspicuous such as a wholesale supplier of agricultural equipment then, an industrial warehouse in the suburbs might be ideal.
4. Get the Word Out about Your Business: Marketing is often an overlooked part of a new business launch, but it can be the most important aspect of securing success for your company.
There are many aspects to successful marketing campaigns: advertising on social media networks; doing research on your niche market; knowing what products or services you want to offer; creating promotions to bring people in-store or online; and more.
Start with what works best for you and the path that leads you toward success!
5. Take Advantage of Opportunities to Promote Your Business:
Whether you're an e-commerce business or a brick-and-mortar shop, there are many different ways to promote your company.
It is up to you to find the best fit for your company and budget by trying as many methods as possible until you find what works best for you.
You need to be fearless when it comes to trying new things!
6. Offer Superior Products and Services: Competitors will always exist for any company because the demand for products and services is high.
To make sure your company stands out in the market you need to differentiate what you offer by providing a higher quality product or service than your competitors can offer.
Your products and services should be convenient, affordable, good-quality, cost-effective, and that are worth their price point.
7. Charge Reasonable Prices: Charge a reasonable price for your product or service to compete with competitors who may charge less or offer a lower quality of service.
In general, customers will be more satisfied when they pay what they perceive as a fair price for the product or service, which allows you to increase repeat sales.
8. Monitor Performance: This is important to monitor because it will provide you with metrics such as the number of people who click on your ad or the number of sales that a particular promotion brings in.
For example, if you have an advertisement for a free t-shirt giveaway, monitoring performance means tracking how many people clicked on the ad versus how many people ended up ordering a t-shirt once they were directed to your site.
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Related Questions
Which are examples of a service business? (Check all that apply)
Ford Dealership
Southwest Airlines
Procter & Gamble
McDonalds
Answers
Answer: Southwest Airlines, Ford Dealership & McDonalds
Explanation: For ex, airlines, banks, electronic support providers, law firms, plumbing repair companies, movie theaters, and managing management consulting firms are pure service companies. Foodservice McDonald's outlets. In more than 100 countries worldwide, these restaurants offer a diverse, but small value list.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
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It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Which of these innovations was important to the inca empire?
use of iron and steel for weaponry
creating papyrus for written language
building floating gardens on marshes
constructing an extensive network of roads
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d). constructing an extensive network of roads. is the correct option. The innovation that was most important to the Inca Empire was the construction of an extensive network of roads.
The Inca Empire did not use iron and steel for weaponry, as they primarily used bronze, copper, and stone for their tools and weapons. The creation of papyrus for written language was not significant to the Inca Empire, as they used a system of knotted cords called quipus for record-keeping. While the building of floating gardens on marshes (also known as chinampas) was a common agricultural practice in Mesoamerica, it was not utilized by the Inca Empire in the Andean region.
While the other innovations mentioned may have been important in other civilizations, the construction of the Inca Road System was the most significant innovation for the Inca Empire. These roads, known as the Inca Road System, were an impressive feat of engineering and allowed for efficient communication, trade, and military movement throughout the empire. The roads connected the capital city of Cusco to other major cities and important locations, such as the Sacred Valley and Machu Picchu.
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a decrease in the income tax will result in: group of answer choices the labor demand curve shifting right. neither the labor supply nor the demand curve shifting. the labor supply curve shifting left and the labor demand curve shifting right. the labor demand curve shifting left. the labor supply curve shifting right.
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A decrease in the income tax will result in the labor demand curve shifting right. The correct answer is "the labor demand curve shifting right".
When the income tax rate decreases, people are able to keep more of their money. This means that they have more disposable income to spend on goods and services. As a result, the demand for goods and services increases, which leads to an increase in the demand for labor.
In other words, employers need more workers to meet the increased demand for their goods and services. This causes the labor demand curve to shift to the right. A shift to the right indicates that employers are willing to hire more workers at each wage rate because they expect to sell more goods and services.
As the labor demand curve shifts to the right, there is an increase in the equilibrium wage rate and quantity of labor employed. This means that workers earn higher wages and more workers are employed. Thus, the decrease in the income tax results in a more significant impact on the labor demand curve than on the labor supply curve.
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Michele is a manager at MDH Incorporated. She monitors the progress of an affirmative action program to advance minorities within the corporation, reviews progress on changes in employee attitudes, calls a special meeting to discuss problems, and makes appropriate adjustments in the program. Michele is engaged in which management function
Answers
Answer:
"Controlling" is the right response.
Explanation:
Michele helps to monitors whether the curriculum has been implemented according to another strategy or indeed any adjustments that need to be created. The whole information will assist in appropriate corrective measures.After that, Michele checks the availability as well as chooses to make several other significant changes to the program.
A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $185,000. The current period's entry to record the warranty expense is:_________
a. Debit Warranty Expense $7,400; credit Soles $7400
b. Debit Warranty Expense $7,400; credit Estimated Warranty Liability $7,400.
c. Debit Estimated Warranty Liability $7,400;credit Warranty Expense $7,400
d. Debit Estimated Warranty Liability $7,400; credit Cash $7,400,
e. No entry is recorded until the items are returned for warranty repairs
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A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $185,000. The current period's entry to record the warranty expense is a. Debit Warranty Expense $7,400; credit Soles $7400
Assets can be both long-term and short-term and can be tangible (physical) or intangible (non-physical). Intellectual property, PP&E, and goodwill are examples of assets. Expenses: Costs associated with running a business on a day-to-day basis.
Expenses are the operating costs that a business incurs to generate revenue. As the saying goes, "it costs money to make money" Common costs include supplier payments, employee wages, factory leases, and equipment depreciation.
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if i get 16 brainlest ill give u guys 136 points
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Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
Inland water transport system does not exist in which state?
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Inland water transport systems are used in many states throughout the United States. It is possible that some states may not have as developed or extensive an inland water transport system as others, but it is not accurate to say that any particular state does not have an inland water transport system at all.
Inland water transport systems in the United States generally include rivers, lakes, and canals. These systems are used for a variety of purposes, including transportation of goods, recreation, and hydroelectric power generation. Some examples of states with well-developed inland water transport systems include Minnesota, Arkansas, and Louisiana.
The overriding reason why households and societies face many decisions is that.
Answers
Answer:
Resources are scarce.
Explanation:
The Overriding reason why households and societies face many decisions is that Ans: Resources are scarce. We have scarcity of resources, hence the management of the same is crucial.
The formula for computing the contribution per constrained resource is Total contribution margin divided by the constrained resource per unit. Total contribution margin multiplied by the constrained resource per unit. Contribution margin per unit multiplied by the constrained resource per unit. Contribution margin per unit divided by the constrained resource per unit.
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Unit contribution margin Constrained resource per unit = Contribution margin per unit of Constrained Resource.
How do you calculate the contribution margin for each unit of a scarce resource?The contribution margin per unit of scarce resource is equal to the contribution margin per unit divided by the quantity of scarce resources required to make the product. Thus, the solution is $15/3,0 = $5 every machine hour ("Determining Sales Mix with Limited Resources"). limits placed on any object's ability to move.
The constraint formula is what?We refer to x and y as being limited by the equation g(x,y)=c, also known as the constraint equation. Constrained maximum points and constrained minimum points, respectively, are positions (x,y) that, under the condition that they satisfy the constraint equation g(x,y)=c, are maxima or minima of f(x,y).
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Sienna wants to reconcile her bank account to check how much money she has to spend.
What does she need to do to adjust the balance in her bank statement?
While adjusting her bank statement balance, Sienna should first add 1.) ________
and then deduct 2.) _________.
1.)
- deposits in transit
- NSF fees
- bank service charges
2.)
- bank errors
- outstanding checks issued
- interest earned
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1. NSF fees and service charges would be money taking out of her account. She wants to add what is being put into her account so she should add deposits in transit.
The answer is Deposits in transit.
2. Deductions is money being taken out, so she would deduct outstanding checks issued.
Answer: outstanding checks issued.
Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine production and pricing decisions. what kinds of economy is alex living in?
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Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine production and pricing decision is the kind of 'Market Socialist' economy.
Market socialism, sometimes known as liberal socialism, is an economic system that strikes a balance between free enterprise and socialist planning. In this system, businesses are publicly owned, but output and consumption are determined by the market rather than by governmental planning.
In real life, Market socialism components have been present in a number of different economies. A version of market-based socialism, based on socially owned cooperatives, workers' self-management, and market allocation of capital, is usually regarded as having existed in the former Socialist Federal Republic of Yugoslavia.
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By the mid-eighteenth century, the different regions of the British colonies had developed distinct economic and social orders. Identify the economic and social orders. identify the economic and social orders of each of the regions, and note that not all
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By the mid-eighteenth century, the British colonies in North America were divided into three regions: the New England colonies, the Middle colonies, and the Southern colonies.
What are the economic and social orders of each of the regions?Each region had its own distinct economic and social order:
The shipbuilding and fishing industries played a significant role in the development of the New England colonies. There was a significant merchant class, and the economy was primarily dependent on trade with Europe and the West Indies. Puritanism ruled the social order, and there was a rigid moral code in place.
A more varied economy than the New England colonies existed in the Middle colonies, where manufacturing, trade, and agriculture all play significant roles. A mixture of English, Dutch, and German settlers made the area more ethnically diverse. With greater religious tolerance and a laxer moral code than the New England colonies, the social order was more liberal.
The Southern Colonies: Tobacco, rice, and indigo were the principal crops in the agriculturally centered Southern colonies. Slaves made up a significant portion of the population, and a plantation-based nobility controlled the social structure. The Southern colonies had a more hierarchical economic and social structure with a stark division between the affluent plantation owners and the lower classes, including slaves and low-class whites.
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You are given data on GDP, FDI, government expenditure, net exports, inflation and consumption expenditure for 50 countries in 2018. In groups of 5-7, you are required to conduct an investigation on the factors that impact economic growth, using GDP as a proxy for growth. The paper is limited to 5-10 pages, and it should include: 1. Introduction 2. Literature Review 3. The regression output generated by the software of your choice (excel, SPSS, SATA, eview, R, Matlab) 4. The analysis/discussion, which should include the interpretation of the R-squared coefficient and each the regression coefficients, along with hypothesis tests. 5. Conclusion (including policy recommendations) 6. References (APA)ise, the demand for coffee rises.
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The assignment requires that you conduct an investigation on the factors that impact economic growth using GDP as a proxy for growth. To do this, you will need to use the data on GDP, FDI, government expenditure, net exports, inflation, and consumption expenditure for 50 countries in 2018.
The introduction should provide a background of the study and a clear statement of the research question. You should also explain the significance of the study and the rationale behind it. Literature- The literature review should provide an overview of previous studies that have investigated the factors that impact economic growth.
This can be generated using any statistical software of your choice, such as Excel, SPSS, SATA, Eviews, R, or Matlab. The regression output should include the following :R-squared coefficient, Regression coefficients, Hypothesis tests Analysis/Discussion In this section, you should interpret the R-squared coefficient and each of the regression coefficients. The paper should be limited to 5-10 pages, and it should be well-organized and comprehensive. You should ensure that you follow the instructions and guidelines provided to score high marks.
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is how much, or the quantity of a product or service that is desired by buyers at a given price.
Supply
Demand
Market economy
Command economy
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My explanation would be the fact that demand means how much a target market wants a certain product.
Which of the following is an example of typosquatting? Group of answer choices A start-up investment company assumes the online identity of Arman & Company, a well-established investment company, in social networking platforms for the purposes of acquiring its brand equity. An environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant. A person registers a domain name, Tucson Multispecialty Clinic, which is the name of a popular multispecialty clinic hoping to resell it to the clinic at an exorbitant profit. A person registers the domain name "currentaffairs.net" to take advantage of the huge popularity of the e-newspaper currentaffairs.org to divert traffic to his webpage and make money by selling advertising space.
Answers
Answer:
An environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.
Explanation:
An example of typosquatting is an environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.
Fast and Friendly Urgent Care Services operates walk in urgent care clinics in several locations. At the end of the year, the company's attorney provides you with information concerning the pending litigation. There are three pending cases as described below. For each of the cases indicate: a. The amount (if any) that should be accrued as of the end of the current year, and b. The location, content, and amounts (if any) that require financial statement disclosure. For example, the disclosure may be required on the face of the statements or in the footnotes, and the disclosure may (or may not) include a description of the nature of the loss and the amount or range of possible amounts related to the case. c. Support your answers using the specific accounting principles and terminology for US GAAP for this area. Case 1. The company is being sued by a patient who suffered a serious stroke within 24 hours of being discharged with orders to rest and call if symptoms returned. The patient claims that the clinic should have seen the blood clot that caused the stroke, but they did not perform sufficient testing and missed the diagnosis. The patient is asking for $1,500,000 in compensatory damages. The company's attorney indicated that based on review of the medical records, the patient is likely to prevail and that the damage award is likely to be assessed. The company carries malpractice insurance, but it requires the company to pay the first $300,000 out of pocket. The case is likely to be settled within the next six months. Part a response:
Part b response: Part c support:
Answers
Based on the facts presented, the corporation is likely to be held accountable for the losses and a settlement will be negotiated. Because the company's insurance.
Coverage requires it to pay the first $300,000 out of pocket, it should collect at least this amount as a liability. While establishing the total amount to accrue, the corporation should also consider the likelihood of a settlement and the range of possible settlement amounts. Section b: Under US GAAP, the corporation must report pending litigation in its financial statements if a loss is likely and the amount of the loss may be fairly expected. In this instance, the corporation is likely to suffer a loss, and the amount of the loss can be reasonably estimated based on the information provided. Therefore, the company should disclose the pending litigation in the financial statements. The disclosure should include a description of the nature of the loss and the range of possible amounts related to the case. The disclosure may be included in the footnotes or on the face of the financial statements, depending on the materiality of the loss. For example, the company could include a note to the financial statements that describes the pending litigation, the nature of the loss, and the range of possible amounts related to the case. Part c: The accrual and disclosure of pending litigation is governed by US GAAP, specifically by Accounting Standards Codification (ASC) 450, Contingencies. Under ASC 450, a company must accrue a liability for a loss if it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. Additionally, a company must disclose the pending litigation in the financial statements if it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated.
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Barbara found a 1099-Int from her bank while spring cleaning. She knew right away that she did not give this to her accountant for her tax preparation. What can she expect from the IRS?
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Answer:
In simple words, A 1099-INT tax return is proof that you were paid interest by someone – a bank or another company. A 1099-INT is sent if you received more than $10 in interests from a bank, stockbroker, or other commercial organization Your bank may have sent you this tax form because it paid your income on your funds.
Stocks and bonds are different in which primary way?
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Answer:
Explanation:
One major difference between the bond and stock markets is that the stock market has central places or exchanges where stocks are bought and sold. The other key difference between the stock and bond market is the risk involved in investing in each
Jocelyn takes home $2600 per month from her job as a paralegal. If her only debt obligations are a car loan payment of $480 and a credit card payment of $80 every month, is she in danger of credit overload?.
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Over $520 is the sum of $480 and $80.
One-fifth will be used to pay taxes: one-fifth of $2600 520
What is meant by used to Pay Taxes?The filing of taxes is not required for everyone. There are four factors that determine whether you need to file your taxes: your age, income, and filing status, as well as whether you are in a special category. You may want to file for tax credits and other benefits even if you are not required to.
Income tax must be paid by Indians under the age of 60 who earn more than Rs 2.5 lakh.
We accept payments in full and in part, as well as contributions to a payment plan (including installment agreements). Until you pay off the entire balance, you will continue to accrue interest and penalties.
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Wassup Mrs. Lorenzo?
How is your day going? Mine is going great. I am sitting here in art class and am supposed to be working on a project, but I don't really want to. In fact, I don't really want to be in school. I hate school. My mom makes me go because she says classes like English are "important.” I'm all like "whatevs mom.” English is stoopid. Video games are where it’s at.
Anyway, I was looking online
and it looks like you messed up my grade. You need to change it back immediately or I will get in trouble. Can you explain this. Take care of this asap. Please and thx
can one of y’all help
me rewrite this
Answers
Answer:
Explanation:
before I write it, I don't really know how formal you want this to be....but here's a formal one?
Dear Mrs Lorenzo,
I hope you're having a great day. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
Yours sincerely,
whatever your name is
I'm guessing that would be formal enough if it was a school teacher, but I'm surprised you're putting all of this "i hate school" stuff in a letter to your teacher? But hey, if only I could be that frank with my teachers lol
Hope this helped - stay strong through school lol it'll be over one day
Answer:
Explanation:
Dear Mrs Lorenzo,
I hope this letter finds you well. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
P.S your my favorite teacher dont tell the others
Which of the following are automatically withheld from paychecks?
Answers
What is one advantage to using an installment credit plan? You can use another loan to pay off each installment. You only have to pay a portion of the total credit bill each month. You have to pay off the entire credit bill at once. You have 90 days to pay off the entire bill.
Answers
You can use another loan to pay off each installment is an advantage of a credit plan. Thus, option A is correct.
It helps in preparing systems to handle adverse results. It helps in setting up a credit plan which can go about as a significant device to decide the degree of chance while loaning.
With a charge card, you can decide to take care of part of the equilibrium as opposed to reimbursing the complete equilibrium in one go. At the point when you make a halfway installment, it very well may be the base sum recorded on your financial record.
Therefore, option A is correct.
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1. In one paragraph, explain a problem that you see that you want to solve through a new business or product/service idea. 2. Describe and Draw an example of your product/ service that you will create to solve this problem. State if your idea is a service or a product.
3. Describe your customers and target market. Who are they? What are their demographics?
4.In one paragraph, describe an idea for marketing and advertising your product/ service (ie, tv commercial, radio, internet ad, billboard, etc).
SOMEONE PLEASE HELP ME WITH THIS PROJECT
Answers
Answer: make something up - 1. a problem that needs to be solved is that I don’t know what happens to my dog when I’m at school/work. To solve this I will invent a dog collar that monitors my dog and sends a message to my phone whenever unusual activity is detected like extreme barking, crying, panting, etc. 2. Draw the picture (this idea is a service and a product) 3. Target market is any loving dog owner. Make something up here. 4. We will market out product via tv commercials and ads before online videos showcasing a dog that is panicked and a loving owner getting a notification and rushing to comfort their dog.
under the _________________, factory overhead costs are allocated to products only using one rate.
Answers
Under the traditional costing system, factory overhead costs are allocated to products using one rate.
The traditional costing system is relatively simple to implement and is widely used in manufacturing industries. However, this approach has certain limitations, particularly in the context of modern production environments. The main issue with using a single overhead rate is that it assumes a linear relationship between overhead costs and the chosen cost driver. This may not accurately reflect the actual consumption of resources by different products or services, leading to distorted product costs.
Inaccurate cost allocation can negatively impact decision-making processes, such as pricing, product mix, and performance evaluation. For instance, using a single overhead rate may over cost some products and under cost others, leading to incorrect pricing decisions or even discontinuing a profitable product line.
In response to these limitations, alternative costing methods like Activity-Based Costing (ABC) have emerged. ABC assigns overhead costs to products based on multiple cost drivers, reflecting the consumption of resources more accurately. By recognizing the various activities and their associated costs, ABC provides more accurate and reliable product cost information, leading to better-informed decision-making.
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what is horizontal filling?
Answers
In horizontal filling, documents are placed in a horizontal position, one on the top of another in order of date and the latest document is kept on the top. The best example of horizontal filing is flat files and arch lever file.
Tom has 237 dollars to spend on two goods, good 1 and good 2. The seller of good 1 offers Tom the following deal: For every three units (of good 1) you buy, you will get the fourth unit for free. Determine how many units of good 1 Tom will end up with if the price of good 1 is 5, the price of good 2 is 10, Tom spends all his income on the two goods and buys 15 units of good 2. Then enter the value below. round to the 5th decimal
Answers
Tom will end up with approximately 34.68000 units of good 1.
To determine how many units of good 1 Tom will end up with, we need to consider his budget-constraint and the deal offered by the seller of good 1. Tom has $237 to spend on two goods, so we can set up the equation: (Price of good 1) * (Quantity of good 1) + (Price of good 2) * (Quantity of good 2) = Total budget
Plugging in the given values:
(5) * (Quantity of good 1) + (10) * (15) = 237
Simplifying the equation:
5 * Quantity of good 1 + 150 = 237
5 * Quantity of good 1 = 87
Quantity of good 1 = 87 / 5
Since the seller offers a deal where for every three units of good 1 bought, the fourth unit is free, we can calculate the total number of units Tom will end up with:
Total units of good 1 = (Quantity of good 1) + (Quantity of good 1) / 3
Plugging in the calculated quantity of good 1:
Total units of good 1 = (87 / 5) + (87 / 5) / 3
Calculating the value:
Total units of good 1 ≈ 34.68000
Therefore, Tom will end up with approximately 34.68000 units of good 1.
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`What type of market structure exists for the fast food industry?
Answers
Answer:
http://sellsidehandbook.com/2018/10/08/understanding-market-structure-perfect-competition-monopoly-and-monopolistic-competition/
Explanation:
como aparece mademe pernelle? ¿Por que desea tanto irse desprisa de la casa
Answers
Answer:
porque esta triste por culpa de su amiga
what is a table in economics and state 5 characteristics of a table
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A table is a systematic arrangement of data implementing columns and rows to display information which make it easier for better understanding.
Table number: A table should always be numbered for easy identification
Title of the table
Stubs: These refer to the headings of horizontal rows.
Captions: these refer to the headings of vertical columns
Clear, to the point and a suitable font/ size for the text. Information must be inserted in the same format into the appropriate cells