A local electronics store sells iPods for $100 per unit. The manager who took a lesson from his economics course in college decides to offer a 20 percent discount to students who can present their current student ID at purchase. Given the demand curves for regular and student customers, answer the following questions. a. What will be the total revenue (dollars generated from iPod sales) for both groups of customers if the store offers the discount? b. For which group of customers is the demand more elastic? c. What is the elasticity of demand between the prices of $100 and $80 in the regular market? (Round to 2 decimal places.) d. What is the elasticity of demand between the prices of $100 and $80 in the student market? (Round to 2 decimal places.) e. If the manager increases the regular price of iPods to $120 and lowers the student discount price to $70, how much could the store increase total revenues?

What would be the value proposition for an Air Cleaner Product?  For (target customer) Who (statement of need or opportunity) The (retail business name) is a (product or service category) That (statement of key benefit) Unlike (primary competitive alternative) Our business (statement of primary differentiation) Is available (where)

The medical group spends $2000 on a marketing campaign, and as a result generates $10,000 in new revenue it has tracked as a result of th campaign. What is the return  on investment, for revenue generated to cost incurred?

Prepare a questionnare about "customer satisfaction on A to Z shopping mall". Please design 15mcq and open_ended questions and demographic.

Given the Chart 1 below showing the relationship between Crude Oil Price (Dollars per Barrel) and Diesel Retail Proce (Cents per gallon), for every $10/barrel increase in crude oil how much is the resulting increase in diesel fuel per gallon?

Explain the following based on CRM – Customer Relationship Management The customer is always right Interface of retaining current customers and gaining new customers CRM’s important function of follow-up with customers CRM’s role in Sales Forecasting Importance of Safety Stock

Consider a telecommunication service provider. You have the following quarterly data:   STATISTICS TYPICAL CONSUMER Number of referrals per period (n=n1+ n2) 5 of which, customers that joined due to the referral (n1) 3 of which, customers that would have joined anyway (n2) 2 Marketing cost per period (Mty) $30 Average gross margin (Aty) $78 Cost of referral (aty) $15 Acquisition cost savings (ACQ1ty and ACQ2ty) $10 Yearly discount rate (r) 15% Calculate CRV of a typical customer for one year (over 4 quarters).

Outlet All Sales Tortilla Sales Madre's Tortilla Stocked Padre's Tortilla Stocked Store 1 $100,000 $1,000 Yes Yes Store 2 $75,000 $500 Yes Yes Store 3 $50,000 $300 Yes No Store 4 $40,000 $400 No Yes Weighted Distribution or Product Category Value (PCV) Distribution (%) Numerical 4: The marketers at Madre's Tortillas want to know the Product Category Value or Weighted Distribution (%) of their distribution network. How much is it?FOR THIS QUESTION PLEASE REFER TO 3rdTABLE

Answer fast for upvote. Which of the following is NOT a negative effect of rent control?   a. Inadequate maintenance   b. Reduced incentives for new development   c. Misallocation of households to dwellings   d. All of the above

A major charity raised the average contribution from its direct-mail campaign from $46 to $126 in one year. How was this accomplished? By offering one American Airline frequent flier mile for every dollar donated, the charity increased not only the amount given but also the percentage of those donating (from 10 to 35 per cent). The idea for frequent flier miles originated in 1981 at American Airlines. Initiated to build brand loyalty among veteran airline travelers, frequent flier programs gradually expanded beyond providing free miles for airline travel. In the mid-1980s airlines began selling miles to "travel partners," such as car rental agencies, credit card purveyors, and hotels. In the early 1990s, the list of firms giving away frequent flier miles expanded exponentially. By mid-decade, miles could be obtained from restaurants, mortgage firms, investment houses, and even roofing companies. By the 21st century, the Internet has worked to expand these opportunities for miles. Randy…