42. Demand that is not significantly altered by the price increase or decrease.
a. elastic demand
b. comparative demand
c. differential demand
d. inelastic demand
43. The point at which the costs of producing a product equal the revenue made from selling the product.
a. revenue point
b. breakeven point
c. economic point
d. supply point
44. Two or more transportation modes use in combination.
a. intermodal transportation
b. physical distribution
c. logistics
d. intensive distribution
45. The physical elements in a store’s design that appeal to customers’ emotions and encourage buying.
a. consumerism
b. atmospherics
c. geodemographic segmentation
d. patronage motive
46. The verbal portion of advertisements.
a. viral marketing
b. evaluative criteria
c. media plan
d. copy
47. A mockup combining copy and visual material to show the sequence of major scenes in a commercial.
a. storyboard
b. promotion
c. publicity
d. screening
48. Developing a list of potential customers.
a. sole searching
b. buildup approach
c. prospecting
d. cause-related marketing
49. The extra cost a firm incurs by producing one more unit of product.
a. fixed cost
b. marginal cost
c. variable cost
d. product differentiation
50. A method of producing sales based on finding a relationship between past sales and one or more variables, such as population or income.
a. trend analysis
b. cycle analysis
c. regression analysis
d. Delphi technique
42.inelastic demand.This type of demand happen for household product as they will be buyed as per the requirement even if the hype in price will not effect the demand level
43.breakeven pòint. This is an important point,with the help of this the number of product unit required to be sold for geting profit and the cost pattern can be identified.
44.intermodal transportaion.it can be transported and planned as single mode. And also reduce loss of time and risk .
45.atmospherics.for this purpose the seller or producer can make use colors music ideas patterns so that idea will easily capture the consumer which motivate their shopping interest.
46.copy. this will imparts the viewers attention desire and interest on the product thus will increase their urge for shopping.
47.story board. As it combines both copy and visual this will create a demonstration of their idea ,use of product in the form of scenes which will attract the customers .for that story board should be catchy.
48.prospecting.this one help in making a strong base of the customers which have taste towrads our product.This is important to reach high targets
49.marginal cost. This cost can be find out as change in total cost to the change in quantity.This only the extra cost not the cost per unit of the total products developed.
50. Regression analysis.this is a powerful statistical method which give reliable and informative value for the required data comparing other associated variables
42. Demand that is not significantly altered by the price increase or decrease. a. elastic...
Which would cause an increase in the demand for product A? a. A decrease in the number of suppliers of product B b. An increase in the cost of producing product A c. A decrease in the price of a complementary product B d. A decrease in the price of product A
a) demand for a product is said to be highly elastic when a relatively ___ chnage in price leads to a relatively ___ change in demand. Answer choices are large/small, small/large, small/small, large/large or large/moderate b) in deciding upon a particular price to be charged for a product, a marketing manager might ask herself many questions. which of these questions would be most importanr from a marketing point of view? a. how about a 25% mark up on cost? b....
If an 8% decrease in price leads to a 4% increase in the quantity demanded of the good, as a result of the price change, the total revenue for this product will: a) decrease b) increase c) not change d) double If a 12% increase in price leads to a 6% decrease in quantity demanded of the good, as a result of the price change, the total revenue for the product will: a) not change b) decrease c) increase d)...
36. A decrease in price will increase the total revenue a firm receives if the demand for its product is: a. zero elastic b. perfectly inelastic c. inelastic d. elastic
The demand for DVD players have declined significantly since 2007. Consumers are more interested in streaming rather than playing DVD players. What would be an appropriate marketing objective for DVD manufactures at this stage of the product lifecycle? a. Create product engagement and trial b. Maximize market share c. Maximize profit while defending market share d. Reduce expenditure and milk the brand
choose the correct answer21\ Identify which one of the following changes in supply curve occurs when there is an increase in price of product:A\ Increase in supplyB\ Extension in supplyC\ Decrease in supplyD\ Contraction in supply 23\If the price of a product increases by 10% and demand decreases by 25%. It is the situation of: A\ Relatively inelastic demandB\ Unitary elastic demandC\ Perfectly elastic demandD\ Relatively elastic demand24\ In the analysis of its elasticity, if the demand for product “A”...
35 If the demand for American automobiles is more elastic in Europe than it is in the United States, we might expect a. the same price for autos in the United States and Europe, b. a higher price for autos in the United States than in Europe. c. a lower price for autos in the United States than in Europe. d. a less profitable price for autos in the United States than in Europe. e. a price in Europe that...
5. If the demand for product X is inelastic, a 4 percent decrease in the price of X will A. decrease the quantity of X demanded by more than 4 percent. B. decrease the quantity of X demanded by less than 4 percent. *C. increase the quantity of X demanded by more than 4 percent. D. increase the quantity of X demanded by less than 4 percent.
Demand is more elastic: a. in the short run than in the long run. b. for goods with many substitutes than for goods with only a few. c. for goods with no substitutes. d. for necessities than for luxuries. e. for broadly defined goods than for narrowly defined ones. All other things constant, if a _____ proportion of a consumer’s budget is spent on a good, the demand for the good will be more _____ and a consumer will purchase...
3. Suppose that the demand for coffee increase and, at the same time, the supply of coffee decreases. If other things remain unchanged. Knowing that tea is a substitutable product for coffee, what would happen in the tea market? a) Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous. b) Equilibrium price would increase, but the impact on equilibrium quantity would be ambiguous. c) Equilibrium quantity would decrease, but the impact on equilibrium price would be...