What are the 7 types of advertising?

Answers

Answer 1

The 7 Forms of Marketing & How They Benefit Businesses Advertising on social media. advertising for paid search. Print marketing. Public service announcements.

What are the main types of advertising?

Different types of advertising, advertising for paid searches. marketing on social media. marketing that is native. Publicity on display. advertisements in print. public service announcements. advertising on the street. Product listing advertisements, display ads, demand-side platform ads, affiliate ads, native ads, social media ads, video ads, and email ads are the eight primary categories of online advertising. Consumer demands and requirements, cost to meet, ease of purchase, and communication make up the new 4Cs, which will replace the traditional 4Ps of marketing (Lauterborn, 1990).

You can choose between three different types of digital advertising: Advertisements on social media, display ads, and paid search ads. Advertising strategies can be divided into two categories: institutional advertising and product advertising. To promote a company's brand, institutions advertise. Evangelism, Experience, Everywhere, and Exchange are the "4Es" of marketing.

To learn more about advertising refer to :

https://brainly.com/question/14227079

#SPJ4


Related Questions

Jack's yearly salary added to Amy's yearly salary makes $99,000. Amy makes 25% more than Jack. What is Amy's salary

Answers

$99,000 is the result of adding Jack's and Amy's annual salaries. Jack earns 25% less than Amy does. Amy's yearly salary is 55,000.

What does it mean yearly salary?

The sum of money you receive from your company on an annual basis as compensation for the work you do is known as your annual salary. Salary typically only includes cash payments and excludes non-monetary benefits. Prior to deductions like Social Security taxes or payments to retirement plans, a person's gross income is the amount they are paid. 

Your annual gross income is your income before taxes and other deductions. This number is typically used by banks to determine if they can provide you a loan or credit card. Net income is your annual income excluding taxes and other withholdings.

To know more about annual salaries, visit:

https://brainly.com/question/28449055

#SPJ4

within how many days must a rollover be completed in order to avoid being taxed as current income quiz

Answers

Within 60 days a rollover from a Traditional IRA to another IRA must be done To avoid tax consequences. So that, if we deposit the amount into another eligible plan, we don't have to include in our gross income any amount distributed  from an IRA.

In economy and business, A traditional IRA generally can be defined as a way to save for retirement that gives tax advantages.  An individual retirement arrangement that established in the United States by the Employee Retirement Income Security Act of 1974 also can be used to described A traditional IRA.  Depending on our filing income and status, contributions that we make to a traditional IRA may be fully or partially deductible.

Here you can learn more about Traditional IRA https://brainly.com/question/29526689

#SPJ4

Common law is a term for the laws that are familiar to most of us. True False

Answers

The stated statement, "Common law is a term for the laws that most of us are familiar with," is false.

Common Law is derived from tradition or judicial judgements in English and American courts, but it is not the result of legislation. Higher courts' rulings are not legally enforceable by subordinate courts.

A corpus of unwritten rules known as common law is founded on judicially established legal precedents. In unique situations when the conclusion cannot be predicted based on existing legislation or written principles of law, common law impacts the decision-making process. The British custom that was introduced to North America during the colonial era in the 17th and 18th centuries gave rise to the American common-law system. Australia, Canada, Hong Kong, India, New Zealand, and the United Kingdom all use common law.

Visit here to learn more about Common law: https://brainly.com/question/543705

#SPJ4

Next month, Tokuji's monthly net income will increase to $650. If he increases his savings to $110 a month, how much can he increase his discretionary spending

Answers

Tokuji's monthly net income will rise to $650 the following month. Tokuji can increase his discretionary spending by $20 if he raises his monthly savings to $110.

How is total net income calculated?

If your total expenses are greater than your total revenues, you have a negative net income, also known as a net loss.

Tokuji would save approximately $110 from his monthly income, or 17% of his total monthly income, if he made the decision to do so.Therefore, Tokuji can increase his spending in the same proportion using the money he has saved. As a result, he would be able to spend approximately $20 to increase his discretionary spending by approximately 17%.

To learn more about net income here:

https://brainly.com/question/15570931

#SPJ4

Compared with workers who do the same kind of work but who do not belong to labor unions, the wages of union members are approximately ___ .

Answers

The wages of union members are typically less than those of similarly skilled individuals who are not members of a union.

How do employees fare under capitalism?

The capitalist's commodities enable the worker to be far more productive than he otherwise would have been. Since most people only have a limited amount of money, they would be able to buy substantially fewer or less useful capital items than the capitalist can.

Which of the following constitutes a fundamental element of capitalism?

Private property, private control of the means of production, capital accumulation, and competition are some of the most crucial elements of a capitalist society. Simply said, market forces, where capital products are concerned, govern capitalist regimes.

To know more about capitalist society visit:-

https://brainly.com/question/28921023

#SPJ4

Experts are particularly concerned about four strategic metal resources that are important for the u. S. Economy and military strength, and that must be imported. What percentage does the u. S. Import? *

Answers

Experts are especially concerned about four strategic metal resources that are critical to the United States' economy and military strength and U.S imports 90%.

What are the four strategic metal resources?Because of their importance to the US economy, national security, and the emerging green economy, copper, nickel, cobalt, and platinum group metals are considered strategic.Strategic minerals are commodities critical to national defense whose supply during war is entirely or partially dependent on sources outside the United States. Because these resources would be difficult to obtain, strict conservation and distribution controls are required.Gold, silver, tin, copper, lead, zinc, iron, nickel, chromium, and aluminum are examples of metallic resources. Sand, gravel, gypsum, halite, Uranium, and dimension stone are examples of nonmetallic resources. A mineral resource is defined as a volume of rock that is rich in one or more useful materials.

To learn more about four strategic metal resources refer to :

https://brainly.com/question/9068105

#SPJ4

A(n) _________ is a tradable contract that entitles its owner to certain rights and allows direct finance to occur.

Answers

A Security is an exchangeable guardian. It is a tool for the owner to exercise their right to trade and its terms and conditions. Financing is directed using that. The correct answer is option (d).

What is meant by security in finance?

A certificate or other financial instrument with monetary worth that may be traded is referred to as a security in the financial industry. Debt and equity are the two main categories used to categorise securities. Stocks, bonds, & debentures are examples of equity securities.

A security aim and security policy are both put into practise by a security function. It offers the necessary capabilities and upholds the security policy. Security functions are designed to withstand certain risks, weaknesses, and threats to the security system.

To know more about Security, visit:

https://brainly.com/question/30098174

#SPJ4

The full question is,

A(n) _________ is a tradable contract that entitles its owner to certain rights and allows direct finance to occur.

(a). Debt

(b). Liability

(c). Financial statement

(d). Security

(e). Asset

Each call option contract brings together a buyer and a seller (also known as a writer). Which of the following describes the profit and loss potential of call option writers ?
A. Unlimited upside and limited downside B. Limited upside and unlimited downside
C. Unlimited upside and unlimited downside D. Limited upside and limited downside

Answers

The profit and loss potential of call option writers is limited to the upside and downside. Writers of call options, also known as sellers, assume the risk of the contract and are obligated to sell the underlying asset to the buyer at the strike price if the option is exercised.

The maximum profit for the seller is the premium that has been collected from the buyer, while the maximum loss is unlimited because market prices could rise significantly above the strike price. This is because the seller is obliged to sell the underlying asset at the strike price regardless of the market price. For example, if the strike price is $50 and the market price is $75, the seller will be required to sell the underlying asset for $50, resulting in a loss of $25.

To know more about call option click here

https://brainly.com/question/29850781

#SPJ4

The choice between a limited contract and an unlimited contract depends on your personal circumstances, career goals, and priorities. A limited contract offers job security for a specified duration, while an unlimited contract provides flexibility and greater job mobility. Consider factors such as job stability, flexibility, career goals, compensation and benefits, and industry norms when making your decision. It is essential to review and understand the terms and conditions of each contract type before accepting an offer to ensure it aligns with your professional aspirations.



As a new employee in the UAE, you may be offered a choice between a limited contract and an unlimited contract. Each type of contract has its own advantages, and your decision should depend on your personal circumstances and career goals.

1. Limited Contract:
- A limited contract, also known as a fixed-term contract, is valid for a specific duration, usually between one to three years.
- The advantage of a limited contract is that it provides job security for the agreed-upon period. You can plan your finances and future commitments accordingly.
- UAE labor laws state that a limited contract can only be terminated by mutual agreement between the employer and employee, or if either party violates the contract terms. This protects employees from sudden job termination without valid reasons.
- If an employer terminates a limited contract before its expiry, they may be liable to pay compensation to the employee.
- Limited contracts also provide the opportunity to negotiate better benefits and salary packages since they are typically longer-term commitments for the employer.

2. Unlimited Contract:
- An unlimited contract, also known as an open-ended contract, does not have a specific duration. It continues until either the employer or employee terminates it.
- The advantage of an unlimited contract is flexibility. It allows you to change jobs more easily if better opportunities arise.
- UAE labor laws state that both the employer and employee have the right to terminate an unlimited contract by giving a notice period, usually between one to three months.
- Additionally, an unlimited contract offers greater job mobility, allowing you to explore different industries or companies without the constraints of a fixed-term commitment.
- It is important to note that an unlimited contract does not guarantee job security for an extended period, as termination can occur with proper notice.

When deciding between a limited contract and an unlimited contract, you should consider the following factors:

1. Job Stability:
- If you prioritize job stability and prefer a long-term commitment, a limited contract may be the right choice. It provides security for a specific duration and ensures that your position is protected, subject to the terms of the contract.

2. Flexibility:
- If you value flexibility and want the option to explore other job opportunities or change industries more easily, an unlimited contract may be preferable. It allows you to terminate the contract with proper notice and provides greater job mobility.

3. Career Goals:
- Consider your long-term career goals and how each type of contract aligns with them. If you are looking for stability and growth within a specific organization, a limited contract may be more suitable. On the other hand, if you aspire to gain diverse experiences and have the freedom to switch jobs, an unlimited contract might be the better choice.

4. Compensation and Benefits:
- Evaluate the compensation and benefits offered under each type of contract. Some employers may offer more attractive packages for limited contracts, while others may provide similar benefits for both contract types. Take into account factors such as salary, bonuses, medical insurance, and vacation days when making your decision.

5. Company Culture and Industry Norms:
- Research the company culture and industry norms in the UAE. Some sectors may predominantly offer limited contracts, while others may favor unlimited contracts. Understanding these dynamics can help you make an informed decision based on your industry and the specific organization you are joining.

In conclusion, the choice between a limited contract and an unlimited contract depends on your personal circumstances, career goals, and priorities. A limited contract offers job security for a specified duration, while an unlimited contract provides flexibility and greater job mobility. Consider factors such as job stability, flexibility, career goals, compensation and benefits, and industry norms when making your decision. It is essential to review and understand the terms and conditions of each contract type before accepting an offer to ensure it aligns with your professional aspirations.

Learn more about  limited contract and unlimited contract from the given link:

https://brainly.com/question/30194854

#SPJ11

Why does the Texas Real Estate Commission approve or promulgate, or both, specific forms to be used in real estate transactions?

Answers

Texas Real Estate Commission approves standardized forms that can assist safeguard all parties involved as the great majority of property transactions are identical in nature.

The Texas Real Estate License Act was created by the Texas state government to safeguard the public against dishonest brokers and salespeople. TRELA establishes guidelines that license holders must adhere to in order to get and thereafter maintain a real estate license.

The TREC's applications are public records, thus anyone can access them. However, estate licensees, who are typically compelled to utilize these papers, are who they are primarily designed for.

Registration Forms are True estate of Right-of-Way or Easement. Inspectors, educators, etc Registration Forms Asked for a fitness assessment. True estate. a right of way or an easement. Inspectors. aspiring inspector Property inspector.

Learn more about the Texas real estate commission here:

https://brainly.com/question/30011725

#SPJ4

to digital flash drives for $150 plus the cost of the drives. The mailbox rule will not apply if Kathryn accepts the offer by

Answers

The mailboxbox rule is a rule of contract law that states that acceptance of an offer is effective at the time it is sent, not when it is accepted. This rule will not apply if Kathryn accepts the offer by signing a written contract, as this would be an objective indication that she has accepted the offer.

In other words, if Kathryn signs the written contract, it is clear that she has accepted the offer, and the letterbox rule will not apply. The other party may also demand that Kathryn pay for the flash drives before they are delivered, which would further indicate that Kathryn has accepted the offer. Therefore, the mailbox rule will not apply if Kathryn accepts the offer by signing a written contract or paying for the flash drives.

To know more about mailbox click here

https://brainly.com/question/1242112

#SPJ4

Government intervention of setting price controls can impact the __________________. For example, when a price floor is set above the equilibrium price, a very likely outcome is a ______________ in the market.

Answers

Answer:

market equilibrium, surplus

Explanation:

Government intervention of setting price controls can impact the market equilibrium. For example, when a price floor is set above the equilibrium price, a very likely outcome is a surplus in the market.

Place in order the stages of a market experiencing a shortage and then regaining equilibrium.
1.) A popular celebrity endorses a product. 2.) Demand for the product increases. 3.) More items are purchased than are being manufactured. 4.) Sellers raise prices, which causes a partial but not complete pullback of demand. 5.) Sellers use increased revenue to fund increased production. 6.) Supply again matches demand.

Answers

The stages of a market experiencing a shortage and then regaining equilibrium are  A popular celebrity endorses a product, Demand for the product increases,

More items are purchased than are being manufactured,Sellers raise prices, which causes a partial but not complete pullback of demand,Sellers use increased revenue to fund increased production,Supply again matches demand.

What happens to market equilibrium in case of shortages?

A shortage occurs when the quantity of goods or services demanded exceeds the quantity offered at the current price. cause upward pressure on prices. All other things being equal, an increase in demand will increase the equilibrium price. You will have more to deliver.

What needs to happen to market prices to remove scarcity?

Therefore, scarcity drives the price. If there is a surplus, the price will have to be lowered to attract additional demand, and the supply will have to be reduced until there is no surplus. When there is a shortage, the price must be raised to attract additional supply and the quantity demanded must be reduced until the shortage is eliminated.

Learn more about market shortage:

brainly.com/question/15799400

#SPJ4

The right hemisphere of the brain is better at ____________tasks, whereas the left hemisphere is better at ___________tasks. a. a) Mathematical; spatial b. b) Nonverbal; verbal c. c) Analytic; holistic d. d) Visual; auditor

Answers

When it comes to expressive tasks, the right hemisphere of the brain excels while the left hemisphere excels in creative ones.

What does the right hemisphere excel in more than the left?

According to a widely accepted idea, depending on which side is predominate, persons can be classified as either having left- or right-brained personalities. According to popular belief, right-brained people are more creative while left-brained persons are more reasonable.

What are the strengths of right brain thinkers?

They are frequently characterized as being more creative, intuitive, and emotional. They are frequently characterized as succeeding in fields requiring creative expression and independent thought, such as becoming writers, psychologists, or artists.

To know more about expressive tasks visit:-

https://brainly.com/question/15314092

#SPJ4

Elasticity differs from the slope as a measure of responsiveness to changes in prices because:
a. elasticity changes depending on the currency prices are measured in, but this does not affect the slope.
b. percentage changes do not depend on the units of measurement, whereas the slope does.
c. elasticity is only useful for describing demand, but the slope is useful for describing demand and supply.
d. the slope is always negative, while elasticity is not.

Answers

Answer:

B. percentage changes do not depend on the units of measurement, whereas the slope does.

Explanation:

A rise in oil prices has caused input prices to increase throughout the economy, causing nominal GDP to increase by 13%. Meanwhile, the price level decreases by 2%. What is the real GDP growth rate during this period

Answers

The real GDP growth rate during this period will be 15%.

Real gross domestic product (GDP) is a macroeconomic statistic reflecting the price-adjusted value of economic output (GDP). An index of total output is created by adjusting nominal GDP, a measure of economic value. Real GDP is a measure of GDP that accounts for price fluctuations, whereas nominal GDP indicates the worth of GDP in today's currency. Usually, the GDP deflator is multiplied by nominal GDP to calculate real GDP (R). For instance, if prices in an economy have increased by 1% since the base year, the deflationary number is 1.01.

We know that,% change in Quantity =% change in Nominal −% change in Price.Therefore, real GDP growth rate (% change in quantity) equals the growth rate in nominal GDP (% change in value) minus the inflation rate (% change in price).

% change in Quantity =13%−(−2%)=15%

To learn more on GDP, visit:

https://brainly.com/question/30111703

#SPJ4

The key economic concept that serves as the basis for the study of economics is

Answers

The key economic idea that fills in as a reason for the investigation of economics is: Scarcity. As a result of the issue of scarcity: People need to pursue decisions from among options.

Four critical economic ideas — scarcity, supply and demand, costs and advantages, and impetuses — can assist with making sense of numerous choices that people make.

Scarcity makes sense of the fundamental economic issue that the world has restricted — or scant — assets to meet apparently limitless needs, and this reality powers individuals to settle on conclusions about how to assign assets in the most effective manner.

Because of scant assets, people are continually pursuing decisions not entirely settled by their costs and advantages and the motivating forces presented by various strategies.

Financial analysts address these three inquiries: (1) What labor and products ought to be delivered to address purchaser issues? (2) How might they be created, and who ought to deliver them? (3) Who ought to get labor and products?

to know more about supply and demand click here:

https://brainly.com/question/1222851

#SPJ4

list and explain 3 non price factors affecting demand market of iPhone.
list and explain 3 non price factors affecting supply market of iPhone

Answers

Non price factor affecting demand market of iPhone:

Product design and featuresBrand reputationAdvertising and marketing

Three non-price factors that can affect the supply of iPhones include:

Production costsGovernment regulationsAvailability of components

Non price factor affecting demand market of iPhoneProduct design and features: The design and features of the iPhone, such as its camera quality, screen size, and overall aesthetic, can greatly affect consumer demand. For example, if a new iPhone model is released with improved camera capabilities, this may increase demand for the product.Brand reputation: The reputation of the iPhone brand can also affect demand. Apple has a strong reputation for producing high-quality, innovative products, which can drive consumer demand for the iPhone.Advertising and marketing: The way that the iPhone is marketed and advertised can also affect demand. If Apple launches a successful advertising campaign for a new iPhone model, this may increase demand for the product.Three non-price factors that can affect the supply of iPhones include:

Production costs: The costs associated with producing iPhones can affect the supply of the product. If production costs increase, the supply of iPhones may decrease.Government regulations: Government regulations can also affect the supply of iPhones. For example, if a government imposes tariffs on imported electronics, this may increase the cost of producing iPhones and decrease the supply of the product.Availability of components: The availability of components used in the production of iPhones can also affect supply. If a key component becomes scarce or unavailable, this may affect the ability of manufacturers to produce iPhones, and thus affect the supply of the product.

Read more on demand and supply here: https://brainly.com/question/4804206

#SPJ1

If the area of quare b i 144 quared feet and the length of ide a i 5 feet what i the area of quare c

Answers

If the area of square b i 144 squared feet and the length of ide a i 5 feet The area of square c is 25 square feet.

The area of square c can be determined by using the following equation:

[tex]Area of square c = (length of side c)∧2[/tex]

We know that the area of square b is 144 square feet and that the length of side a is 5 feet. Since square b is 12 times larger than square c, we can set up the following equation:

[tex](length of side c)∧2 = (1/12) × (length of side a)∧2[/tex]

Substituting in the known values, we get:

[tex](length of side c)∧2 =[/tex] [tex](1/12) × (5 feet)∧2[/tex]

Solving for the length of side c, we get:

[tex](length of side c) = (1/12)^(1/2) × (5 feet)[/tex]

(length of side c) = 0.42 feet

Therefore, the area of square c is (0.42 feet)∧2 = 0.1764 square feet = 0.18 square feet = 25 square feet.

Learn more about area of square

brainly.com/question/8157343

#SPJ4

The complete question is-

If the area of square b is 144 square feet and the length of side a is 5 feet, what is the area of square c?

What are three important questions you should ask yourself before making a purchase?

Answers

Before making a purchase we should consider these questions: Can I pay for this item using cash? Is this the most affordable price I can find for this product? How many hours will it take you to earn enough money to make this purchase? What other ways may I use this money? etc.

Make sure you are financially capable of making a significant buy and that it is within your means. What counts as a major purchase depends on a variety of factors, including household income, debt load, and size of retirement savings.

Making a significant financial decision for your company, such as a new hire or a new marketing initiative, can be intimidating. Make sure your investments are wise and will result in a profitable return on your capital.

know more about purchase here

https://brainly.com/question/24112214#

#SPJ4

The monetary authority of The Stoddard Islands will exchange its currency for U.S. dollars at a one-for-one ratio. As a result, the exchange rate of the Stoddard Islands currency with the U.S. dollar is 1.00, and many businesses in the Islands will accept U.S. dollars in transactions. This exchange rate regime is best described as:

Answers

This exchange rate regime is best described as a currency board.

A currency's exchange rate is the price at which it will be converted into another. The majority of the time, currencies are those of a particular country, but they can also be supra-national, like the euro, or sub-national, like that of Hong Kong. The exchange rate is another term for the relative worth of one currency to another. Currency boards are a blatant illustration of a defined exchange rate. A nation loses control over the amount of money in circulation and the exchange rate if it has a central bank. In most cases, a currency board is required to preserve both a predetermined exchange rate and reserves of the underlying foreign currency.

To learn more about currency board click here

brainly.com/question/28987041

#SPJ4

To install the vinyl liner, it costs $1.95 per square foot. You have $1000 in your budget to spend on the liner installation. What is the largest pool you can get without going over your liner budget

Answers

The pools have cylinder shapes with $r 1=24:text:ft radiuses. The average cost of replacing a vinyl pool liner is $2,349.

Most vinyl-lined pools start at between $65,000 and $85,000. Any style of pool that you want to have in your backyard may be customised if you pick a vinyl liner pool, as a homeowner ( Shape & Size ). Over a ten-year period, the upkeep for vinyl-lined pools is around $11,500. Is the pool's liner beginning to appear a touch tattered? Although numerous things can alter it, the normal vinyl liner has a lifespan of 10 to 15 years. Living in a region where there are frequent ground water issues and failing to maintain a stable pool's water level can both shorten the life of your liner.

To learn more about vinyl pool click the link below:

brainly.com/question/24626223

#SPJ4

Changes in real GDP reflect Question 12 options: a) both changes in prices and changes in the amounts being produced. B) neither changes in prices nor changes in the amounts being produced. C) only changes in the amounts being produced. D) only changes in prices

Answers

Changes in real GDP reflect both changes in prices and changes in the amounts being produced. While an increase in real GDP unquestionably indicates increased output, an increase in nominal GDP may only indicate an increase in prices.

The GDP deflator tracks the average prices of goods and services generated across all sectors of an economy over time because it is a produced index. Adjustments for changes in inflation are included in real GDP. This implies that real GDP will be lower than nominal GDP in an inflationary environment and vice versa. Positive inflation leads to a significant nominal GDP inflation without a real GDP correction. Real GDP growth is frequently used as a gauge of the economy's overall health.

To learn more about GDP, click here.

https://brainly.com/question/30111703

#SPJ4

A business establishes virtual workspaces for several project teams in which information and expertise are continuously updated and shared among all of the work teams' members. What form of knowledge management technology is the business using

Answers

knowledge repositories. Knowledge management is the procedure for locating, gathering, compiling, and sharing information inside a company. When knowledge is difficult to acquire inside an organization.

A knowledge management system makes use of the organization's pooled knowledge to improve operational effectiveness. A knowledge base is used to support these systems. They frequently play a key role in effective knowledge management by offering a central location to store information and making it accessible. Companies with a knowledge management strategy get quicker business results as a result of enhanced organizational learning and team member cooperation, which speeds up decision-making throughout the company. Additionally, it streamlines additional administrative procedures like onboarding and training, which is said to increase employee retention and satisfaction. Three categories of knowledge tacit, implicit, and explicit knowledge are also included in the definition of knowledge management.

Learn more about knowledge management here:

https://brainly.com/question/29432985

#SPJ4

Method of moving average i epecially ueful in the cae of the time erie with ________. Select one:

a. Regular eaonal fluctuation

b. Regular cyclical movement

c. Regular irregular variation

d. All of thee

Answers

Method of moving average is epecially useful in the case of the time series with the regular seaonal fluctuation.

The moving average model is considered to be a time series model which tends to account for the very short-run autocorrelation. So, it tends to  basically state that the next observation is the mean of every past observation.

However, the moving averages tend to have the property in order to reduce the amount of the variation which is said to br present in the data. Thus, in the case of the time series, this property is used to eliminate fluctuations, and so such process is called as the smoothing of time series.

Hence, option A is correct.

To learn more about moving average here:

https://brainly.com/question/15572913

#SPJ4

Henry Potter owns the only well in town that produces clean drinking water. He faces the following demand, marginal revenue, and marginal cost curves:
demand : p= 70-Q Marginal Reveneu : MR = 70-2Q Marginalcost : MC = 10+Q
a. Graph these three curves. Assuming that Mr. Potter maximizes profit, what quantity does he produce? What price does he charge? Show these results on your graph. b. Mayor George Bailey, concerned about water consumers, is considering a price ceiling 10 percent below the monopoly price derived in part (a). What quantity would be demanded at this new price? Would the profit-maximizing Mr. Potter produce that amount? Explain. (Hint: Think about marginal cost.) c. George's Uncle Billy says that a price ceiling is a bad idea because price ceilings cause shortages. Is he right in this case? What size shortage would the price ceiling create? Explain. d. George's friend Clarence, who is even more concerned about consumers, suggests a price ceiling 50 percent below the monopoly price. What quantity would be demanded at this price? How much would Mr. Potter produce? In this case, is Uncle Billy right? What size shortage would the price ceiling create?

Answers

The quantity demanded is 20 units. [MR=MC; 70-2Q=10+Q; Q = 60 /3 = 20]. Shortage's size that price ceiling creates = 10 units of output [(Quantity supplied at $45 - Quantity demanded at 25)= (35 - 25)]. This shortage is because of demand's lack.

Explanation

a.) The equation for the demand, marginal revenue and marginal cost  for the given problem are as follows:

Demand : p= 70-Q Marginal Reveneu : MR = 70-2Q Marginalcost : MC = 10+Q

Profit is maximized at; MR=MC = 70-2Q=10+Q

Q = 60 /3 = 20

P = 70 - Q = 70 -20 = 50

10% below monopoly price=50(0.9)=45

D=70−Q=70−45=25

MC=10+25=35, MC is less than price

Surplus = Supply -demand = 35-25 =10

At P= 50% below monopoly price; Q=70-25=45

25=10+Q

Q=15(supply)

Hence, There is a shortage of 45-15=30.

b.) Now, Mayor George Bailey about water consumers, is considering a price ceiling that is 10% below monopoly price.  Therefore, the price ceiling will be = (50- 5) = $ 45. And at this price ($45), demand quantity would be 25 units of output. Hence, the profit maximizing Mr. potter would not produce that amount because quantity supplied is more than quantity demanded.

c.) Now, George's uncle Billy tells that price ceiling is bad idea because it causes shortage. Yes, he is right in this case.  As it has been observed above. further, shortage's size that price ceiling creates = (Quantity supplied at $45 - Quantity demanded at)= (35 - 25) = 10 units of output. This shortage is because of demand's lack.

To learn more about marginal cost visit:

https://brainly.com/question/15583202

#SPJ4

The quantity demanded is 20 units. [MR=MC; 70-2Q=10+Q; Q = 60 /3 = 20]. Shortage's size that price ceiling creates = 10 units of output [(Quantity supplied at $45 - Quantity demanded at 25)= (35 - 25)]. This shortage is because of demand's lack.

What quantity would be demanded at this new price?

The equation for the demand, marginal revenue and marginal cost  for the given problem are as follows:

Demand : p= 70-Q Marginal Revenue : MR = 70-2Q Marginal cost : MC = 10+Q

Profit is maximized at; MR=MC = 70-2Q=10+Q

Q = 60 /3 = 20

P = 70 - Q = 70 -20 = 50

10% below monopoly price=50(0.9)=45

D=70−Q=70−45=25

MC=10+25=35, MC is less than price

Surplus = Supply -demand = 35-25 =10

At P= 50% below monopoly price; Q=70-25=45

25=10+Q

Q=15(supply)

Hence, There is a shortage of 45-15=30.

b.) Mayor George Bailey is currently thinking about setting a price cap 10% below the monopoly price for water consumers. As a result, the price cap will be $ 45 = (50- 5) Additionally, the demand quantity would be 25 units of output at this price ($45). Therefore, Mr. Potter would not manufacture that much because there is a surplus of supply compared to demand.

What size shortage would the price ceiling create?

Billy, George's uncle, now claims that a price cap is a bad idea since it results in shortages. Yes, in this instance, he is correct. like what was mentioned earlier In addition, the extent of the shortage caused by the price ceiling is calculated as follows: (Quantity supplied at $45 - Quantity required at)= (35 - 25) = 10 units of output. The lack of demand is what's causing this shortage.

To learn more about marginal cost visit:

brainly.com/question/15583202

#SPJ4

An agent is permitted to open all of the following customer accounts except A) a partnership account opened by the designated partner. B) a corporate account opened by the designated officer. C) an account in the name of Mrs. Jones opened by Mr. Jones. D) a minor's account opened by a custodian.

Answers

C) An agent is permitted to open all of the following customer accounts except an account in the name of Mrs. Jones opened by Mr. Jones.

Which of the following account holders can authorize another holder to trade? Only Second Parties have the authority to open accounts, hence only a Second Party has the authority to grant trading permission to a First Party (for a discretionary account) or a Third Party (a Third Party trading authorization).

When a business wishes to open a cash account with a broker-dealer, which of the following paperwork won't be necessary?

Since the corporation wants to open a "Cash" account, a margin agreement is not necessary to open the account, as can be seen by carefully reading the query.

Learn more about authorization:

brainly.com/question/7088084

#SPJ4

Why is it important to determine the truthfulness and accuracy of a material or information?

Answers

It is important to determine the truthfulness and accuracy of a material or information in order to make informed decisions.

Knowing the truth and accuracy of material or information is essential to make decisions. If the material or information is not accurate or true, the decisions made based on this information will not be reliable.

Therefore, it is important to verify the validity of the material or information before making a decision. This can be done by checking the source of the material or information and its accuracy.

Additionally, it is important to assess the accuracy of the material or information by consulting experts or cross-checking with other sources. Doing this helps to ensure that the material or information is factual and trustworthy. Knowing the truthfulness and accuracy of material or information is crucial in making the right decisions.

For more questions like Information accuracy click the link below:

https://brainly.com/question/5834813

#SPJ4

an enconomy in which price and quanity of goods and services is determined soley by supply and damand is a

Answers

A market economy is one in which the quantity and price of products and services are solely decided by supply and demand.  Central authorities do not regulate market economies (like a government).

A market economy is a kind of capitalism in which a nation's companies and residents interact to determine economic policy and the cost of products and services. Although there may be some central planning or government interference, this phrase often denotes a more generally market-oriented economy. Adam Smith, David Ricardo, and Jean-Baptiste Say were among the classical economists who built the theoretical framework for market economies. These traditional liberal proponents of the free market held that, in general, the profit motive and market incentives led economic decisions in more productive and efficient directions than did government economic planning.

learn more about market economy here:

https://brainly.com/question/2343400

#SPJ4

which of the following is not a potential site activation function upgrading facilites acquiring real estate fault tree analysis building roads

Answers

The following are the five fundamental steps to performing a fault tree analysis: Determine the danger. Obtain knowledge of the system under analysis.

Fault Tree creation. FTA has restrictions as well. The model is one dimension only. FTA doesn't account for time or an analysis useful life, which could be problematic when developing a new product. A binary system is FTA. FTA is used in risk analysis as a method to detect single faults and common cause knowledge that lead to dangerous circumstances or failures and to offer an estimate of fault probabilities. Finding the worst case of failure is the first step in the procedure.

To learn more about analysis, click here.

https://brainly.com/question/29926939

#SPJ4

If you continue to use his product, he will make his tropical vacation home available to you, free of charge, for a one-week period each summer. And you love the tropics! Which stakeholders will be affected by remaining with this supplier? a. Employees b. Investors c. None of these stakeholders will be affected d. Local Community

Answers

If you continue to use his product, he will give you free access to his tropical getaway property every summer for a week. You also adore the tropics! These stakeholders won't be impacted at all.

An internal Stanford Research Institute report from 1963 defined a stakeholder of a corporation as a member of "groups without whose support the organization would cease to exist." Later, in the 1980s, R. Edward Freeman expanded and advanced the hypothesis. Since then, it has gained significant acceptance in business theory and practice, especially with regard to corporate governance, corporate social responsibility, and strategic management (CSR). Critics claim that the defining of corporate obligations through a classification of stakeholders to consider has produced a false dichotomy between the "shareholder model" and the "stakeholders model" or an improper comparison of the obligations towards shareholders and other interested persons.

Learn more about stakeholders from

brainly.com/question/15532995

#SPJ4

Other Questions
WHO IS FRANCISCO FELICIANO? draw the standing wave if the tension is quadrupled while the frequency is held constant Experts estimate that for the US to reach 100% renewable energy in 2050, it will require $7. 8 billion. Calculate the percent change What are the 3 types of economy? Can a fixed-rate mortgage go up? You are considering an investment in a tax-exempted bond that has a yield of 4%. Your tax rate is 25%. What is the equivalent yield for a regular equivalent taxable bond Though most of the poem illustrates the relationship between a son and his father, the title of this poem is My Mother Really Knew. This line appears at the beginning of the final stanza. Using at least 250 words, explain why you think this line is so important to the poems meaning. Support your answer with evidence from the text that is either directly stated or implied. "jack himself shrank at this cry with the hiss of indrawn breath, and for a minute became less a hunter than a furtive thing, ape-like among the tangle of trees. " (lord of the flies chapter 3) what does this quotation tell us about jack? On a geology field trip, Toccaras class studies a sedimentary rock formation. Is it possible that material from this sedimentary rock could ever form igneous rock? What was the role of jatis in Indiansociety? Solve the system by graphing 2x-3y=-67x-3y=9 A parent who wishes to protect her child from lead toxicity would do all of the following except:a. prevent the child from chewing on old painted surfaces.b. feed the child additional protein.c. wash the childs hands, bottles, and toys often.d. make sure the child gets an adequate calcium intake. What is the best description of the roaring 1920s? What will be the linear expansion of a piece of wrought iron 8 feet long if its temp is raised 70 degrees F? What are the 3 things that influence the capacity of the blood to carry oxygen? What axis is the Independent variable located? What are 3 characteristics of a command economy? Select the interval where f is negative. Find the value of each variable for each circle. Show your work PLEASE HELP ASAP. I WILL GIVE BRAINLIEST!!!Which of the following is not an expression A. 7 - 5xB. 2 + 3x = 8C. x/2 + 1D. 2x + 6