FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A manufacturer of dental implants observed that when it increased the number of dental implants and priced them differently, the overall sales increased. Explain this

A manufacturer of dental implants observed that when it increased the number of dental implants and priced them differently, the overall sales increased. Explain this phenomenon?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

This phenomenon can be explained through several principles of economics and consumer behavior Economies of Scale Increasing the number of dental impl... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these Economics questions

Question

★★★★★
Introduction In 2010, New United Motor Manufacturing, Inc., a unique and highly successful joint venture between Americas General Motors and Japans Toyota, went out of business. NUMMI, as the...

Answered: 1 week ago

Question

★★★★★
If two parallel wires are placed beside each other and current is sent down each wire in the same direction, will the wires repel or attract one another? Explain using a diagram that shows the...

Answered: 1 week ago

Question

★★★★★
To begin with, lets disregard the COVID-19 pandemic and its aftermath on the global economy. Prior to the pandemic, the majority of global economic disruptions over the past decades have been caused...

Answered: 1 week ago

Question

★★★★★
Determine which of the fundamental laws of algebra is demonstrated. 8(3 2) = 8(3) 8(2)

Answered: 1 week ago

Question

★★★★★
LVT is an international manufacturer of fragrances for women. Management at LVT is considering expanding the product line to men's fragrances. From the best estimates of the marketing and production...

Answered: 1 week ago

Question

★★★★★
Discuss the main agency problems faced by hedge fund investors.

Answered: 1 week ago

Question

★★★★★
1. Ask students why the material is important, how they intend to study, and what strategies they will use.

Answered: 1 week ago

Question

★★★★★
Your grandfather would like to share some of his fortune with you. He offers to give you money under one of the following scenarios (you get to choose): 1. $8,750 a year at the end of each of the...

Answered: 1 week ago

Question

★★★★★
A bank just approved your small business loan for $20,000. The loan has an interest rate of 10.0% and will be repaid with 10 end-of-year payments. What is the required annual loan payment? $4,373.14...

Answered: 1 week ago

Question

★★★★★
Q.54. During September, 300 labour hours were worked for a total cost of RS 4800. The variable overhead expenditure variance was Rs 600 (A). Overheads are assumed to be related to direct labour hours...

Answered: 1 week ago

Question

★★★★★
By using the diagram of rolling moment coefficients, explain why an airplane is laterally stable if its rolling moment coefficient is positive when the sideslip angle \(\beta\) is negative

Answered: 1 week ago

Question

★★★★★
By using the diagram of yawing moment coefficients, explain the feature of sweep-back wing on directional stability.

Answered: 1 week ago

Question

★★★★★
The following table presents measurements of the tensile strength (in kilopascals) of asphalt-rubber concrete beams for three levels of binder content and three levels of rubber content. a. Can you...

Answered: 1 week ago

Question

★★★★★
True or false: When the sample size is large, confidence intervals and hypothesis tests for 1 are valid even when the assumptions of the linear model are not met.

Answered: 1 week ago

Question

★★★★★
Federal Credit Bank has a loan receivable from Hawthorne Construction Company. Hawthorne is late making payments to the bank, and Robert Wheeler, a Federal Credit Bank vice president, is helping...

Answered: 1 week ago

Question

★★★★★
16. The Molding Department of Bidwell Company has the following production data: beginning work process 40,000 units (60% complete), started into production 680,000 units, completed and transferred...

Answered: 1 week ago

Question

★★★★★
An educational researcher devised a wooden toy assembly project to test learning in 6-year-olds. The time in seconds to assemble the project was noted, and the toy was disassembled out of the childs...

Answered: 1 week ago

Question

★★★★★
In your domestic country of origin what are some reasons that consumers might have to disidentify with their country?

Answered: 1 week ago

Question

★★★★★
For export packaging and branding considerations discuss how language may be significant, particularly to the multi-market exporter.

Answered: 1 week ago

Question

★★★★★
Is it not better for an exporting company to use and objective measure of performance rather than a subjective measure? Discuss.

Answered: 1 week ago

Question

★★★★★
4. What are the contributions of the right hemisphere to emotional behaviors and interpreting other peoples emotions?

Answered: 1 week ago

Question

★★★★★
7. How does testosterone influence emotional and cognitive responses to a facial expression of anger?

Answered: 1 week ago

Question

★★★★★
10. What behavioral change occurs after orgasm, and which hormone is responsible?

Answered: 1 week ago

Previous Question Next Question