Answer:
Advertising.
Explanation:
Advertising increases costs of product. Customers have to pay high price for the products heavily advertised. Companies do not forgo their profits.
Answer:
These are the options for the question:
- The campaign could be improved by 60% if the listed recommendations are followed.
- The campaign is 60% less optimal than other company campaigns.
- The campaign is running 40% over budget.
- The campaign is 40% optimized for the given keywords chosen by the previous campaign manager.
And this is the correct answer:
The campaign could be improved by 60% if the listed recommendations are followed.
Explanation:
If the optimization score of the firm's Google Search Ads campaign is 40%, it simply means that it can be improved by 60% in order to reach the full potential of the programme.
It does not mean that the campaign is 60% less optimal than others because the score only measures the firm's own campaign.
And it does not have any direct connection with the campaign's budget or keywords.
Answer:
Elastic demand
A heart valve
Explanation:
A good with many close substitutes will have a highly elastic demand. This is because an increase in the price of the good will causes the consumers to purchase one of its cheaper substitutes.
If both a diamond necklace and a heart valve for heart attack victims are priced the same, the price elasticity for the heart valve will be lower. This is because the diamond necklace is a luxury good but the heart valve is necessary for the survival of the victim.
