Why would good quality second hand cars withdraw from the market? Use economic theory to discuss this

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A: Selling the maximum number of drinks is possible only up to a point where marginal cost is equal to…

Q: Write notes on Penetrating pricing.

A: Companies advertise new items at cheap prices, with small or no margins, through pricing…

Q: Experiment 1: Reference Pricing a. Place the two products together. Place a sign on one with a low…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…

Q: How are companies able to use the differences in culture to effectively market a product or service…

A: Numerous organizations focus their marketing efforts on one of a few portions(segments) of a…

Q: From a marketing strategy and customer intimacy perspective, to what extent do you believe companies…

A: In democratic government typically, it has been seen that there is both public and private sector…

Q: why monopolistic competition the food industry

A: Barriers to entry conveys the number of restrictions faced by a business firm in its attempt to…

Q: Is economics related to marketing?

A: In a market economic activities refers to the primary activities of a business or a household when…

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

A:

Q: how markup pricing can be helpful to managers to make the firm earn the maximum amount of profit…

A: Markup pricing is a way of calculating the price of a product or service by combining all of the…

Q: What are the reasons for increasing and decreasing factors of supply in e-commerce?

A: Some of the factors include: Price: If the price product is high, the quantity supplied will rise…

Q: How do people make the decision to purchase Qatar airways tickets? You could talk either about…

A: When people want to or have to travel then they find out how many choices (Road Train or Air) are…

Q: Few organizations (like restaurants) offers both goods & services. What attribute of quality the…

A: Goods are described as items or commodities that can be seen, felt, or touched i.e tangible, and are…

Q: Study the evolution of any brand/company of your choice regarding its target market.   In…

A: Coca cola is one of the leading brands in the soft drink market . However it has changed its over…

Q: How much profit will it make at that lower price?

A: The table showing output and cost is as follows:

Q: Write a note on economics of distillation.

A: Economics  Economics is the study of production growth and welfare through time, as well as a wide…

Q: Who are our competitors? What are their marketing strategies?

A:

Q: As you review the Facebook site, you note that packagingfor your company’s bread uses the words…

A: Bread is very nutrient for our health but at the same time it is considered as a major source of…

Q: Explain product differentiation ,  Name a product and show how it has been differentiated

A: Product differentiation: - Product differentiation is a market technique of making any product…

Q: Jordan is calculating the worth of a computer by comparing its costs and benefits, including…

A: In economics, costs are the money and non-money spent on goods and services. These expenses include…

Q: Suppose you were asked to manage a golf course that was currently charging a uniform price.  Would…

A: In considering whether to maintain a uniform price or switch to a two-part pricing plan for the golf…

Q: What is the reason that Wholesalers are the most misunderstood of marketing intermediaries?

A: When talking about market intermediaries, wholesalers and retailers play a significant role in the…

Q: Why does the catch-up effect appear?

A: The catch-up effect or theory of convergence states that the poorer economy will tend to grow faster…

Q: Identify two products that have either (a) fallen sharply in price or (b) gotten significantly…

A: Price refers to the monetary value assigned to a product or service in a market. It represents the…

Q: n which type of market, monopolistic or competitive market, is the equilibrium market price lower?…

A: In a monopolistic market, at the profit maximization condition, MC=MR and P>MC. This is because…

Q: There are only a few restaurants near a tourist attraction. These restaurants would mail discount…

A: Discount coupons helps to increase revenue of the businesses.

Q: a) b) = Monetary goal Strategic goal Developmental goal

A: Under monopolistic competition, firms produce goods that are close substitutes to each other. In…

Q: Hear the video and then clarify exactly how activity-based pricing may assist with making decisions.…

A: Activity-based pricing is a method of pricing that is used as a strategic approach. This method…

Q: There are several hamburger shops around you. You are trying to find ways to make your hamburger…

A: A monopolistically competitive firm will look to differentiate its product from its competitors as…

Q: Everyday Math. Calculating a Faster Checkout Line - wall street journal article (see images below)…

A: Answer - Part 1 Answer - Need to find- Although the column does not explicitly mention economics…

Q: hink about getting into the business of selling computer parts and accessories. Which of the…

A: Sales: It refers to the transaction that takes place between two people. The buyer purchase the…

Q: What display how Apple competes via its chosen strategy

A: Beginning with the Macintosh computer in the 1980s and continuing all the way up to the iPhone in…

Q: What can be used to influence and shape consumers’ intangible preferences in order to differentiate…

A: The objective of the question is to identify the strategy that can be used to influence and shape…

Q: Suppose that a local electrical utility firm was split into five firms of equal size. What do you…

A: Market structures are of many different types based on the number of firms in the industry, ease of…

Q: Everyone shops for things they need for themselves and for gifts for others. Imagine you are taking…

A: Both production and consumption are important economic activities. As it is very popularly known, a…

Q: How are the characteristics and marketing needs of the product and service brands you selected…

A: To satisfy the demands and expectations of diverse customer segments, all goods and services…

Q: Which of the following is a better social media vehicle choice for Denny's to attract the millennial…

A: A marketing vehicle is a tool for conveying your message to a specified audience. They are specific…

Q: True or false? Basic economic concepts can be used to understand the pricing of products.

A: Goods and services are produced by bring together various factors of production. These factors of…

Q: Economics In a bygone day, airlines issued discount tickets to students who would be willing to fly…

A: Price discrimination alludes to the act of charging various prices for similar product or service to…

Q: Which of the following gives the customers better products that are not offered by other…

A: Marketing: It means promotion and selling of goods and services which include market research and…

Q: Instacart, and FreshDirect. Add rows showing various advantages to the firm and consumer and use the…

A: Creating a chart to compare traditional grocers, Instacart, and Fresh Direct based on various…

Q: So, in both cases, the chef would be doing the baking and cooking?

A: The theory of comparative advantage is based on opportunity cost.

Q: List and explain the three kinds of pricing methods. Give an advantage and a disadvantage for each…

A: Economics deals with all the relevant components regarding the pricing, quantity, all the economic…