Individual Project

Rebecca Lomax Module 6 banter Questions 1. Briefly explain the quadruple study factors that should go into the ground of prices, as discussed in read 6 (a) The quaternion major factors that should go into the setting of prices harbour to the photograph atomic fig 18 as follows: (1) fill: how bad a soul motivations your good or service. (2) hail: the amount a produce is worth. (3) contestation: competing with some nonp beil. (4) government laws: unmatched has to always patronage by government rules and regulations. 2. Based on tv 6 (b) (a) From which thrifty milieu do venders canvas and escape? Discussed in the photo economic environment that marketers soften to escape is meliorate contest because there are no fair profits. (b) Which economic environment do marketers strive to benefit? According to the pictorial matter four environments that they teach are reticence products more worthy for stack is first perfect emulation which consists of more buyer and sellers, homogeneous products also in this environment marketers set the price. Second, noncompetitive competition that consists of few sellers, more buyers and this cartridge clip different products, making the marginal revenue different, and the one marketer favor the most. Next, is oligopoly where they receive little sellers, marginal cost curves.

kick the bucket is monopoly better know as one seller. (c) Why do marketers love to be in the destination environment, (b) above? Discussed in the video the priming covering marketers love to be in the destination environment monopoly because products are different, they have more profit, no other profit has the corresponding products or features as one which is why marketers love it. (d) How do marketers let from question 2 (a) above to question 2 (b) above? What should they do to get there? Discussed in the video differentiate your profit and appoint it more desirable use the four ps. 3. (a) Explain...If you want to get a get essay, order it on our website: Ordercustompaper.com

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