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It is to increase brand equity while cutting costs
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What is an important part of the total product offer for a product?
packaging...
The sum of the value added by all firms equals total?
The market value of the final product
What is gross national product and net national product?
GNP --- Total amount of goods and services produced by a country's firms no matter where they are in the world.NNP --- GNP - Depreciation (the wearing out of a nation's capital stock)
How does total cost relate to total in the market total cost relate to the production output?
In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost = n(TC) Total cost relates to output because firms want to make a profit. Profit = TR - TC where TR = total cost and TR = total revenue. Firms produce at the quantity which MR (marginal revenue) = MC (marginal cost). At this quantity, multiply it by n number of firms in the market to achieve the total output in a market.
Define total product?
It is a product that is total
What is an important part of the total product offer for a product?
packaging...
Is an important part of the total product offer for a product?
packaging...
The sum of the value added by all firms equals total?
The market value of the final product
How does marketing add value to a product?
Product has 3 parts which is core product, total product and amendment product and marketers add value to total product. Core product comes from manufacturer which is nothing to do with marketing and amendment product means warranty. how do they add vale to total product? it can be packaging, advertising, designing for changing customer behavior.
What is gross national product and net national product?
GNP --- Total amount of goods and services produced by a country's firms no matter where they are in the world.NNP --- GNP - Depreciation (the wearing out of a nation's capital stock)
How does total cost relate to total in the market total cost relate to the production output?
In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost = n(TC) Total cost relates to output because firms want to make a profit. Profit = TR - TC where TR = total cost and TR = total revenue. Firms produce at the quantity which MR (marginal revenue) = MC (marginal cost). At this quantity, multiply it by n number of firms in the market to achieve the total output in a market.
What would be included in evaluating the total product offer of benefits that consumers consider when buying a good or service?
store atmosphere
Define total product?
It is a product that is total
What is Total Product Cost?
total product that needs to sell to cover total costs
What is a firms total cost?
variable cost plus fixed cost.
What is the difference between a ton and a gross ton?
Gross tonnage is a technical term used to determine the size of a ship for legal reasonsA ton is a unit of measure weighing 2,000 pounds.This may also mean:TON: A ton of product + the weight of packaging.Gross Ton: Total weight of product and packaging.
What online marketing company can I talk to about my product idea?
Total Market Exposure is a great marketing company that can help you get your product out to the public. They offer free quotes so you don't get tangled up with them if you don't want to.
