MKTG Mini test 7-8

MKTG Mini test 7-8 - MKTG043101-F10R: Mini test 7

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1 Marks: 1 Choose one answer. a. A small increase in price will lead to a much larger decrease in sales b. Customers will buy more at higher prices and less at lower prices c. A small increase in price will lead to a much larger increase in sales. d. Customers will buy less at higher prices and more at lower prices e. Customers will buy more at every price point 2 Marks: 1 Choose one answer. a. $4.70 b. $10.00 c. $10.50 d. $10.25 e. $5.30 3 Marks: 1 Choose one answer. a. 1663 b. 975 c. cannot be determined with this information d. 1264 e. 3001 Mini test 7 Review of attempt 8 Finish review Started on Thursday, October 21, 2010, 11:42 AM Completed on Thursday, October 21, 2010, 11:50 AM Time taken 7 mins 36 secs Grade 7 out of a maximum of 10 ( 70 %) If the demand curve for a product shifts outward then? Marks for this submission: 1/1. Last year, BruceCo sold 1000 coffee cups for $10 each. This year, the company is planning on selling 1500 coffee cups. In order to cover the additional investment they will charge $10.50 for the first 500 cups, $10.25 for the second 500 cups and $10 for the last 500. Each cup costs $4.70 to produce. What is the average revenue? Marks for this submission: 1/1. BruceCo is planning on selling coffee cups for $9.75 each. The company can buy the cups for $2.25 and have them printed for $1.69. The package costs 27 cents. There is a one-time set up charge from the printer of $700. Advertising expenditures for the project are $5999 and an insurance policy will cost $300/year. According to the sales forecasts, there is a maximum demand for this product of
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This note was uploaded on 02/23/2012 for the course MKTG 431 taught by Professor Brucerobertson during the Fall '07 term at S.F. State.

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MKTG Mini test 7-8 - MKTG043101-F10R: Mini test 7

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