Compare and contrast the four major types of market-ing channels for consumer products. Through which type of channel is each of the following products mostlikely to be distributed?a. New automobilesb. Saltine crackersc. Cut-your-own Christmas treesd. New textbookse. Sofasf. Soft drinks
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Compare and contrast the four major types of
ing channels
likely to be distributed?
a. New automobiles
b. Saltine crackers
c. Cut-your-own Christmas trees
d. New textbooks
e. Sofas
f. Soft drinks
Step by step
Solved in 2 steps
- In evaluating marketing actions, what are the two dimensions on whichthey should be evaluated?a. Suppose in a market of confectioneries, there are only four suppliers; Delizia, Sachas, La Farine and Pie in the Sky. Using the data in give Table and answer the following the questions using completely labeled graph for each part. Price Delizia Qs Sachas Qs La Farine Qs Pie in the Sky Qs 10 50 100 300 650 20 100 200 600 1,300 30 150 300 900 1,950 40 200 400 1,200 2,600 50 250 500 1,500 3,250 i) Derive the market supply at given price levels. Also, illustrate it graphically and label it. ii) Suppose the technology improvement has increased the output in the confectionery market by 100 units by every firm at each price level. Identify the change in the supply and also, illustrate it graphically and label itWhich is most likely the result of healthy competition in the market?
- Why does a local McDonald's face a downward-sloping demand curve for its Quarter Pounder? In monopolistically competitive markets, A. changing the price affects the quantity sold because there are substantial barriers to entry . B. changing the price does not affect the quantity sold because firms have market power . C. changing the price affects the quantity sold because firms are price takers. D. changing the price affects the quantity sold because firms sell differentiated products. E. changing the price does not affect the quantity sold because firms are price makersIn which type of market, monopolistic or competitive market, is the equilibrium market price lower? Why?please do both of the pictures and label corretcly. thank youuu
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- Explain two benefits that might. arise from the existence of brand nameScenario Between recalls on mass-produced commercial dog food and a general understanding of the benefits of a healthier diet for pets, the demand for natural or organic dog food is experiencing a significant increase. Wanda's treats are more expensive than the mass-produced treats found in most grocery and big box stores, but she prides herself on providing high-quality products and believes that her customers are willing to pay the extra money for quality. 1. How does Wanda's strategy of being a high-quality provider take advantage of the shifts in consumer demand for healthy dog treats? 2. Identify and describe an event that might occur in the economy that would cause Wanda's strategy to no longer be successful for Salty Pawz. If this event occurred, What actions would Wanda have to take in response, and what impact might they have on her business?How profound the impact of advertising is in Microeconomics? Also explain its benefits.