Question
During the first year the population of a village
increased by 5% and during the second year it diminished by 5%. At the end of the second year its population was 47,880. What was the population at the beginning of the first year?Solution
Let initial population = x After first year = x×1.05 After second year = x×1.05×0.95=x×0.9975 Given x×0.9975=47880 x=47880÷0.9975=48000
Which element of marketing mix is most flexible and can be changed quickly?
At a local farmers market, an artisan craftsperson sources supplies for his cabinetry from old wine barrels and wine crates. He communicates to prospect...
The kind of advertisements that state the position of a company on an issue, such as the ads sponsored by J Danniels encouraging the responsible use of ...
A high cost per acquisition combined with low CLV indicates:
A bank offering bundled digital wallet, savings account, and micro-loan services to rural customers follows:
Which KPI best indicates success of upselling strategy?
A new start-up recently finished prototyping their invisiblity gown, and they are now available at select retailers across the country. What stage of th...
Customer churn rate indicates:
Pricing for innovative banking app:
The United States is facing an ongoing trade dispute with China over the flooding of cheap electronics into the country. This dispute is likely to be re...