Let the price of sugar was Rs. x per kg. After increase in price, new price per kg = x + (x×15/100) = 23x/20 For Rs. 23x/20 we get 1 kg of sugar. For Re. 1 we get 20/23x kg of sugar. For Rs. x we get 20/23 kg of sugar. Decrease in consumption of sugar = 1 – 20/23 = 3/23 Required ratio = 3/23 : 1 = 3:23
The inventory costs of services include:
The iPhone, Samsung Galaxy and new Microsoft smartphone are all positioning themselves in the same target market by emphasizing their superiority in sim...
Classification of products using the terms: nondurable goods, durable goods, and services essentially describe the _______ of a product.
All of the following are described as best practices for companies using social media as part of their strategy, except:
Consumers undertake ___________ buying behaviour when they are highly involved in a purchase and perceive significant differences among brands.
For which of the following products is perceived risk likely to exemplify psychosocial risk for a female who has just taken her first job after college ...
Excuses for not making a purchase commitment or decision are called:
Fujifilm instax has two major __________ consisting of cameras and polaroid sheets
When assessing the viability for a new store location, Starbucks will review the population distribution, income, and occupation of those residents that...
The data accumulated by a public safety officer who measures the speed of all the cars that pass a given point is referred to as _______ data.
