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Sales have boomed at the takeout café you opened next to a train station and bus stop. You've sold coffee and breakfast pastries from 5:30-10:00 AM, promoting your products to commuters through street signs and posters on bus shelters. Now you hope to expand your business into the afternoon hours, adding sandwiches that would appeal to workers from nearby offices and snacks popular with students from a local college. You plan to buy ads in the local newspaper and place flyers in the student center.
From a targeting strategy perspective, which of the following statements is(are) correct?
a. You plan to shift from a concentrated targeting strategy to a differentiated targeting strategy.
b. You plan to shift from an undifferentiated targeting strategy to a concentrated targeting strategy.
c. You started with a concentrated targeting strategy using a single marketing mix.
d. You started with a differentiated targeting strategy using a single marketing mix.
e. You started the business without a targeting strategy.
Milk is a commodity is it a necessity or a luxury product. Evalute the availability of its substitutes for the product. Explain how the necessity of a good and the availability of substitutes impact the elsticity of the product.
Now, assume that a company comes to town and buys the entire sell Coca-Cola, creating a monopoly on Coca-cola. Assume that the cost curves for the new firm are the same as the perfectly competitive firm. in the new market, Coca-cola sells for 10.75, ..
Using the Circular Flow, we have explained why the current account and the financial account balances should sum to zero. For the US, we have seen that the current account balance is usually negative while the financial account balance is positive. P..
q1. a monopoly with constant marginal costs of 50 can sell to three groups of potential consumers with demands q1 800
What type of market structure is the supermarket industry - What type of market structure is the market for vegetables provided by farmers?
What is the principle-agent problem and how can it be avoided? What is the difference between explicit and implicit costs? What is the law of diminishing returns? What determines the U-shaped curve of short run production costs?
Consider a box with width W, length L, and height H. Suppose you have to construct a box with the following constraint: W+L+H equal or less than 30. Suppose W has to be 12. What is maximizing volume of box? What should L and H be?
q1. suppose that people consume only three goods as shown in the table tennis balls golf balls bottle of gatorade2009
If the market for a product is broadly? defined, then. Which of the following will NOT cause a shift in the supply of? gasoline?
Why do brides spend so much money on wedding dresses, whereas grooms often rent cheap tuxedos, even though grooms could potentially wear their tuxedos on many other occasions and brides will never wear their dresses again?
Suppose the country of Lilliput exported 229 billion dollars worth of goods while they imported 489 billion dollars worth of goods in the last calendar year.
Discuss and post what solution might there be for these people who lack access to computers. Recalling that the definition of perfect competition refers to a market with many buyers, among other factors, thus, how may these people gain access to the ..
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