Answer : Premium Pricing.
Companies manufacturing or selling designer apparel, custom jewellery or exclusive paintings usually have a unique brand. These companies usually have their own signature brands that have a big competitive advantage. Hence they charge higher prices.
Opportunity cost is the loss due to forgoing one opportunity to select another one alternative.
In this case, the forgone alternative is the full-time employment and other expenses for the term when the alternative chosen is to be in school. In this case, room and board expenses remain the same whether in school or working full time and thus not considered. The part-time amount earned while at school is subtracted as it would be compensated be during full time employment.
Therefore;
Opportunity cost = $20,000+$10,000+$1,000-$8,000 = $23,000
Answer:
One motive that Dominic might have was that he has always wanted to become an entrepreneur and his grandmother wants him to take over the shop for her since his cake-making skills had very much improved since he started. And another motive Dominic had was that there was not a lot of jobs open for him in the area, so he was glad to help.
Explanation:
Answer:
The correct answer is the option B: collect feedback.
Explanation:
First of all, the term<em> </em><em>feedback</em> refers to the<em> amount of information</em> that the marketer receives from the target audience in order <em>to understand if the decisions made were good</em> or if they were bad then understand in what they made a mistake and correct it.
Secondly, it is understandable that in order to do that the marketer needs to <em>ask the target audience </em>questions that might give important information such as <em>the frecuency that they saw the message, also if they remember the message and what points of it they can remember</em>.
