What should be done to regain the lost customers?

Q: Elasticity

A: Elasticity is the responsiveness to change. In this case, it is the willingness to take a loan to a…

Q: Message strategy is the general message that will be communicated to consumers identifying consumer…

A: Message strategy is making a difference between a successful marketer or a failure marketer, During…

Q: What is difference between goods and services?

A: Both goods and services are very important for the economy. The consumers purchase many products to…

Q: The local power company A farmer's market Convenience stores

A: In Monopolistically competitive market, the sellers sell differentiated products which are close…

Q: What elements are included in the definition of a product?

A: To meet consumer wants, any good service or idea can be classified as a product. Hence any physical…

Q: one factor EACH that you think influences demand and supply for milk.

A: The factors that effect the demand of milk.  1) Price of the coffee and tea powders:  If the price…

Q: what the Factors that affect the demand for paid TV shows?

A: Demand: - Demand is the relationship between the quantity demanded and the price of a good. There is…

Q: is it important to use packaging materials in storing your sandwich?why

A: Sandwich making necessitates a considerable bit of manual labor. Whether one is creating sandwiches…

Q: definition of products, goods and services

A: TO understand the definition of these terms, we need to understand that goods and products are used…

Q: Do you need suppliers to be more responsive to your needs?

A: To determine: Suppliers to be more responsive to the needs of consumers.

Q: How easy is it to switch suppliers?

A: Switching suppliers is not an easy procedure. The difficulty is depends on the sector.

Q: the

A: Monopolistic competition is a form of imperfect competition in which several producers compete…

Q: Why it is essential to focus on the customer when planning sales calls?

A: Sales call refers to the situation where the sales person is meeting with the potential customer…

Q: Can you please help me with this?

A: Manufacturing and service 1)Objectives Objectives of manufacturing are production of goods,To…

Q: C. easy exit

A: Explanation: Competition is sweet for the Associate in Nursing economy because it ensures resources…

Q: How Supplier relationship will affect the hospitality industry?

A: It is crucial to realize that the hotel business runs on a very distinct set of principles than…

Q: Discuss the factors that led to the consumer movement and list some of its results.

A: The consumer movement refers to a social movement, led by consumer organisation to ensure protection…

Q: Do it quickly questions

A: Producer surplus Is that surplus which are lies below the price level and above the supply curve.…

Q: why supplier is important for any organisations?

A: A supplier is an individual or a firm that provides a good or service to another economic activity…

Q: Is buying a steak at the restaurant considered a good or service?

A: Answer: Introduction: Goods: goods are those things that have a physical presence. In other words,…

Q: What is CDS? Please explain it briefly in your own words.

A: A credit default swap is a financial derivative tool that is used to swap the risk of loan default.…

Q: Which is NOT the stage that customers go through in the process of adopting a new product?

A: The 5 stages are: product awareness, product interest, product evaluation, product trial, and…

Q: Need now please

A: The answer is - e) None of the answers are right.

Q: What makes housing and housing markets unique compared to other goods?

A: The Housing Market refers to the supply and demand for houses in a particular country or region in…

Q: Why are celebrities endorsed brands more expensive?

A: The company’s sales and market share of branded items will be increased with the help of celebrity…

Q: Discuss why packaging is considered as an important part of the product offer?

A: First impressions are crucial, and your packaging is often a consumer's first encounter with your…

Q: t is a reflection of the value place on a product or service.

A: Definitions of all the options are given below: 1. Utility - Utility is the satisfaction received or…

Q: The question asked for percentage and not price. Can you explain how to get to the percentage?

A: The demand function gives a functional relationship between prices and quantity demanded. It is…

Q: What is the right amount of variety? Can there be too many varieties of shoes?

A: The monopolistic competitive markets sell differentiated good and this concept of the differentiated…

Q: Why would a company ever want to sell its goodsor services for less than they cost to produce?

A: Business is important all around the world. For the functioning of business, four factors of…

Q: which technology change affect consumer taste

A: The Law of Demand states that as price rises, demand declines keeping tastes and preferences…

Q: What Is Purchase Order?

A: A legal binding document between a buyer and a seller is called a purchase order. The items that the…

Q: difference between goods and services?

A: Economics refer to the study of allocation of scarce resources in the most optimal way, when the…

Q: Customers who are concerned with long-term availability of a product or service are focused on which…

A: When considering a long term purchase, the consumer is concerned about various factors. The consumer…

Q: Find and describe an example of online price tracking tool for consumers.?

A: A price tracker is a technological solution that helps wholesaler, retailers and manufacturers to…

Q: what is customer satisfaction for food ?

A: Customer satisfaction is a metric that measures a company's customers' level of satisfaction with…

Q: ↑ Pepsi V W Y Pizza

A: budget constraint represents all the combinations of goods and services that a consumer can purchase…

Q: What are the Factors Affecting Consumer Decision Making?

A: A consumer is an individual or household who seeks to maximize his/her utility given his/her income…

Q: How difficult was it to find the product you wanted?

A: To find a product, a consumer initially has to see his budget or income which he can spend on the…

Q: how rise in price affect the demand for personal computer

A: Demand: It means desire, willingness, and ability to purchase a good or service.

Q: Do more sales bring more profits?

A: The firm would result in the motive of sales maximisation and the profit maximisation. The sales…