Customers who are concerned with long-term availability of a product or service are focused on which buying criterion? A) continuity of supply B) assortment C) price D) service and services offered E) quality

Q: Brand identity O Is the quantification of a product's sales price O Represents a set of values and a…

A: Brand identity is the noticeable components of a brand, such as a tone, plan, and logo, that…

Q: Setting price based on what a customer is willing to pay is called O cost based pricing O…

A: Pricing strategy: - it is a method by which we can determine the price of a product by taking all…

Q: Determine an effective marketing response to a change in the social-cultural • environment.

A: The socio culture environment deals with the relationship among the society, culture and marketing.…

Q: Multiple answers: Multiple answers are accepted for this question Select one or more answers and…

A: Product differentiation I sone if the unique characteristics of Monopolistic market, which makes…

Q: Supplier Set Price Versus Market-Determined Price: Collusion or Competition?

A: In an economy, there can be two types of markets such as competitive and anti-competitive market.…

Q: Which of the following have the most flexible prices? Multiple Choice computer software and,…

A: In a market, price elasticity depends upon consumer's price elasticity, the proportion of budget…

Q: List down products/services for which Demand is less elastic also with Demand is more elastic

A: Elasticity: It refers to the supply and demand of the economy, which changes with the price of goods…

Q: Advertising and sales promotions are ways of persuading consumers to match demand with products…

A:

Q: Which price adjustment strategy is based on how a customer's perception of a product is influenced…

A: Willingness to pay, segments, business dynamics, trade margins, competitor behaviour,  and input…

Q: A firm will earn normal profits when price:

A: ANSWER   A firm will earn normal profits when price IS

Q: The demand function for FreshFood Exclusive Brand's product is D = 80 - 2p , where D is the number…

A:

Q: Differentiate between utlilty,stisfaction,value and price

A: The study of Economics deals with the allocation of goods and services so as to satisfy maximum…

Q: Everyday-low pricing is a pricing strategy that is consistent with a goal of achieving long-term…

A: Answer: Everyday low pricing (EDLP): EDLP refers to the pricing strategy wherein the retailers or…

Q: The inability of buyers to distinguish between high and low quality products before they purchase…

A: Since sellers know about the quality of the good and buyer do not know about the quality of goods,…

Q: (change in quantity divided by average quantity over selected range) Price elasticity  =…

A: Price Elasticity of Demand using Mid Point Formula Change in quantity divided by average quantity…

Q: Commodities   a) Rely heavily on advertising to see their sales grow.   b) Have prices that are…

A: Commodities include raw materials and equipments used by producers for producing other goods and…

Q: According to a consumer sentiment report, buyers are likely to buy cheaper brands or lower variants…

A: Presenting the collected data in a meaningful way is essential to understand the concerned subject,…

Q: Virtual merchants adopt low-cost and convenience strategies. True O False

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: The owner of a small pizzeria is deciding whether to increase the radius of delivery area by one…

A: The owner must do a marginal analysis while making a decision regarding an increment of the radius…

Q: Discuss the relationship of price to consumerperceptions of quality.

A: Customer perception is important in many areas, including customer understanding, communications and…

Q: . When a supply curve is relatively steep, a. sellers are not very responsive to changes in price.…

A: 22. When the supply curve is relatively steep then the percentage change in price is greater than…

Q: identify customers, differentiate among customers, and interact with customers are A - steps of…

A: The given above steps like , Identify customers Differentiate among customers Interact with…

Q: A bookstore purchased a best selling book at P200 per copy. At what price should this book be sold…

A: * SOLUTION :-

Q: Generally, when a retailer announces a discount sale on all its products A) the store will not…

A: ANS According to the “demand law” the quantity (Q) demanded of a product increases when the price…

Q: If a market is price sensitive, then ______ (i) lower priced products sell better than the higher…

A: Price sensitive means the demand is highly depended on price. Demand is high, when price is low. But…

Q: Price elasticity of supply (PES):   Range of values Determinants Time Availability of producer…

A: When talking about price elasticity of demand, there are various factors that affect the…

Q: The owner of a small pizzeria is deciding whether to increase the radius of delivery by one mile.…

A: Expansion of the business is mainly dependent on the costs that would be incurred and the benefits…

Q: is any physical good, service, or idea that satisfies a want or need, plus anything that in the eyes…

A: A sale is an action of giving a good of service in exchange for money.  A test refers to evaluation…

Q: Organizations use which pricing objective to maximize long-term sales? Breakeven pricing Profit…

A: A pricing policy is a consistent response to a common query. A systematic pricing approach…

Q: Profit maximizing condition in any market.

A: The process of ensuring the highest possible levels of both production and price are attained in…

Q: An undifferentiated marketing strategy would include? * One marketing mix for each target market Two…

A: Marketing strategy is a long-run, innovative approach and an overall game plan of any organization…

Q: A challenge when determining price-demand relationship, one must consider __________________, such…

A: Decisions related to demand and pricing are usually called marketing decisions.

Q: What makes the customer experience and loyalty of shoppers at Trader Joe’s unique?

A: Trader Joe is truly one of a kind. It has an unique approach to shopping as it tends to regularly…

Q: What is the maximum daily revenue? and how much should the retailer charge in order to maximize…

A: Maximum daily revenue: As the name suggests maximum daily revenue is the maximum revenue that can be…

Q: of buyers with distinct needs, cha might require separate marketing strategies or mixes A) Mass…

A: According to the Bartleby guidelines policy only first three subpart solve please post question…

Q: Compare and contrast price discounts and allowances, describing the types of each.

A: The markets refer to the place where the buyers, and sellers interact. In the markets, the sellers…

Q: One of South Africa’s cellphone operators, Cell C, is changing their overall business strategy. The…

A: Decrease in the demand = 12-10=2/12*100 =17 % Increase in the prices :-2.2 - 2 =.20/2*100 =10%

Q: The company recently changed the selling price of one of its products from ₱70.00 to ₱67.00. The…

A: Price elasticity of demand = [(Q2 - Q1) / {(Q2 + Q1) / 2}] / [(P2 - P1) / {(P2 + P1) / 2}]

Q: A major distinguishing characteristic of consumer convenience products is that O the consumer is…

A: A convenience good is a consumer item which is being widely available and being purchased with…

Q: A marketer focuses on several commonalities among al consumers. This marketer appears to be engaging…

A: Concentrated market:- Concentrated marketing is a way in which an organization devotes all of its…

Q: Conditions for market effiency

A: Market efficiency not necessarily be market price be equal every point of time. it should be free…

Q: The marketing mix does NOT include which of the following?Choose one answer.a. Product b. Promotion…

A: Marketing is the activity with the help of which marketers create awareness among the consumers…

Q: Is price an indicator of quality?  Explain and give an example we didn’t discuss in class. Use a…

A: The price of a product is the amount at which the customers purchase that particular product. It is…

Q: demand and supply functions P = 75 – 3Qd and P = 25 + 2Qs Determine the market price and market…

A: Demand curve shows the relationship between price(P) and quantity demanded(QD) at a specified time…