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Use a diagram to describe block pricing of a supermarket product
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- The total revenue of a fimm decreased after an increase of the price of the goods it sells. Explain why this can happen. Include a graph in your explanation. Indicate price effect and output effect in your graph.Write a profit function and graph it to advise the grower on the most profitable amount of fertilizer to use.How would you define major components for a supermarket?
- Define supply, demand, prices and marketing. and explain the relationship between these concepts.i need graphs in excelAs you review the Facebook site, you note that packagingfor your company’s bread uses the words “heart-healthy.”Would you bring this to the attention of the marketing groupresponsible for product packaging? Or would you look fora way to obscure the package design online? Defend youranswer.
- Name some of the challenges marketers encounter when developing advertising and promotional campaigns. How does the type of product affect the promotional strategies?using graph A to identify the type of market and highlight characteristics of the marketThe next series of questions uses the following table. The table contains 5 columns: Quantity Q, Price P, Total Revenue TR, Total Cost TC, and Total Profit. You are given the numbers for the 1st, 2nd, and 4th columns and must find the numbers for the 3rd column (Total Revenue) and the 5th column (Total Profit). I suggest completely filling out the table on a piece of paper. First, calculate total revenue at a quantity of 2. Quantity Q Price P Total Revenue TR Total Cost TC Total Profit 0 $110 $50 1 $100 $110 2 $90 $150 3 $80 $170 4 $70 $180 5 $60 $210 6 $50 $250 7 $40 $310
