Marketing tactics include different actions. One is to develop a pricing structure that encourages customers to purchase additional services they don't need.
<h3>What is marketing?
</h3>
Marketing is a concept that refers to all actions and activities related to market or commerce. Marketing has as its main purpose the analysis of the behavior of markets and consumers.
According to the above, marketing has ways to identify consumer purchasing trends and understands how buyers' thinking works. Marketing can develop strategies focused on the buyer acquiring goods or services that he does not need, one of them is prices or discounts.
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<span>b. interest rates increaseincrease causing planned investment to decreasedecrease, which causes a decreasea decrease in aggregate demand.</span>
Answer:
Consider the following calculation and analysis
Explanation:
We will analyse from cost perspective, the alternative with lower cost should be selected.
Total no. of doctor visit = 12 monthly visit + 3 times special visit = 15
Cost = 50 * 15 = $750
Under Traditional health checkup plan
Cost of plan = $ 250 + (20% of doctor visiting charges) = 250 + 20% of 750 = $400
Under HMO
Premium = 20 * 12 months = $240
Co payment = 10 * 15 = 150
Total = $ 390
There is a saving of $10 in HMO, so she should opt for this option. Moreover, the benefit of HMO would be the payments are monthly in small installments ,rather than a big outflow as in the case of traditonal plan.
<span>Reduction in a nation's labor force would long-run aggregate supply curse to the left, representing a reduction in labor. This would tend to drive up labor costs over time. Presumably, the demand curve would remain static in the short-term.
However, such a reduction would also impact the nation's consumption and thereby reduce the demand for products. This would in turn drive a decreased demand for labor (leftward shift) and apply downward pressure to wages.
The answer to this depends on whether the questions is regarding short-term, medium-term or long-term labor supply/demand curve.</span>
In the market for personal computers, we would expect the Equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.
<h3>
What is equilibrium quantity?</h3>
- When there is no shortage or surplus of a product on the market, it is said to be in equilibrium quantity.
- When supply and demand meet, the amount of an item that consumers want to buy equals the amount supplied by its producers.
- The equilibrium price is the only price at which consumers' and producers' plans coincide—that is, the amount consumers want to buy of the product, quantity demanded, equals the amount producers want to sell, quantity supplied.
- Assume there is an increase in both supply and demand for personal computers.
- The Equilibrium quantity would then rise in the market for personal computers, while the change in the equilibrium price would be ambiguous.
Therefore, in the market for personal computers, we would expect the equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.
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The correct question is given below:
Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect the Equilibrium quantity to ______ and the change in the equilibrium price to be __________
