equilibrium price/output combination. B. Use a graph to confirm your answer. For the graph‚ use prices: 10‚ 20‚30‚40‚50‚60‚70‚80‚90; and Quantities:5‚10‚15‚20‚25‚30‚35‚40‚45‚50‚55‚60‚65 Answer Part A‚ at the equilibrium point‚ QD=QS 80-2P=2P-20 4P=100 P=25 this is the equilibrium price QD (at P=25) = 80-(2*25) = 30 QS (at P=25) = (2*25)-20 = 30 Equilibrium Price =$25 per hour Equilibrium Quantity=30 thousands of hours of floor reconditioning per month. Part B‚ the first step is to find
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first issue is ______________. 2. The advantage of _____________is having proven business format. 3. The business that owned by just one or two individuals called ______________. 4. ___________________is the best implemented in term of 4Ps in marketing scope. 5. ___________________is the borrowed by outside party. 6. ___________________is a credit permitting a business to draw more funds from a bank. 7. The disadvantage of __________________is has to think feeling of
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Kickstart is advertised to present an “alternative to traditional morning beverages – one that tastes great‚ includes real fruit juice and has just the right amount of kick to help them start their days" (www.kickstart.com). This plan analyzes Kickstart’s 4Ps (Finch‚ 2013) which are important to understand when analyzing this product and provides recommendations for improvement. General business situation Organizational strengths and weaknesses PepsiCo has world renown brand name‚ a reputation for
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1960s many marketers have been using the “4Ps” marketing mix: (1) product‚ (2) price‚ (3) promotion‚ (4) place. Consideration is given to the change that would result from varying the product‚ price‚ promotion‚ and place in achievement of the organization goals. However‚ use of the 4Ps is limiting when considering a service orientated business such as a hotel as it does not adequately reflect the complexity of the product. In response to the limitations of the 4Ps marketing mix‚ Booms and Bitner (1981)
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The Kowloon Dairy Ltd. introduction Nowadays‚Consumers firms are successfully introduce a new product line to the market‚we begins by introducing the milk food to a select group of consumers who hae baby and considered te health products in Hong Kong ‚ One of the most important factors in growing a thriving business is The Kowloon Dairy Ltd ability to continually present their customers with a fresh‚ diverse product line‚this is the chance to introducing the new food product line especially infant
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Colgate-Palmolive: Cleopatra (1)Evaluate the results of the market survey carried out in advance of the release of “Cleopatra” after analysing the Canadian soap market. If you believe the market survey was not appropriate‚ explain specifically how you would have modified it. The results of the market survey carried out in advance of the release of “Cleopatra” were less significant in confirming that there was a real strong demand for Cleopatra in the target Quebec market. This is mainly because
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Primary Value-Adding Activities for Canon Part 1 (Person C) As we can see from the complete value chain above‚ the primary value adding activities consist of inbound logistics‚ operations‚ outbound logistics‚ marketing and sales and service. For the purposes of this analysis‚ the value chain for Canon’s digital cameras will be isolated from other company divisions for analysis. Inbound Logistics Most of Canon’s manufacturing subsidiaries related to the production of their cameras are located
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Greetings Duke Manor Management Staff This Bruce Harvill‚ Building 3011 Apt. D‚ writing to you. My caregiver‚ Linda and I have been living in Duke Manor for the past 8 years or so‚ and we call it home. For the last year or so‚ we have been hearing rumors that when our lease expires in November‚ we will be forced to move to either a different apartment or out of the complex. However‚ I have also heard that in some cases‚ the lease is extended for one more year. Which of these statements are the
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on his SONA of 2013 his focused were on the achievements of the government on his term such as approval of the Sin Tax Reform Law and “Responsible Parenthood Law” (RH Law)‚ reforms in Education system (K-12)‚ Pantawid Pamilyang Pilipino Program (4Ps)‚ increase of the TESDA graduates‚ increase in PhilHealth enrolees from 62% to 81% and improved benefits. Even though we see the achievements of the Aquino administration still many Filipinos have doubts that it is not enough and yes it is not enough
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results an environmental analysis. Mission statements should be meaningful and specific yet motivating. It also should not be stated as making more sales or profits: profits are only a reward for creating value for customers. Identify what is the 4Ps in marketing mix? Specify each of the P. Marketing mix is the set of tactical marketing tools that know as the 4P’s: product‚ place‚ promotion and price that the firm blend to produce the respond it want in the target market. The first one is product
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