Homework Help for Marketing

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A marginal buyer and a marginal seller are those who barely stays in the market.

A marginal seller is a seller who is willing to sell his goods at a price equal to its economic cost; then he does not earn producer surplus.  If the price becomes lower, the marginal seller will leave the market. For example, a marginal seller sells at a minimum selling price of two; anything lower than that will drive him out of the market.

Meanwhile, a marginal buyer is the one whose maximum buying price is just two; anything higher than that will drive him out of the market.What is a product benefits positioning approach?

Answered
22 Aug 2019

What is the manufacturer’s representative?

Answered
22 Aug 2019

What are the benefits of niche marketing?

Answered
22 Aug 2019

How do retailers and wholesalers help manufacturers?

Answered
22 Aug 2019

What part of the marketing mix is placing a product in a location where people will buy it ?

Answered
22 Aug 2019

What is personal time or self-maintenance?

Answered
22 Aug 2019

What are the differences between advertising and publicity?

Answered
17 Jul 2019

What are the differences between individual and family branding?

Answered
17 Jul 2019

What is a private label brand?

Answered
17 Jul 2019

What is market skimming pricing?

Answered
17 Jul 2019

What is the idea behind symbolic consumer behavior?

Answered
17 Jul 2019

What is the difference between price and non-price competition?

Answered
17 Jul 2019

When are consumers said to be satisfied?

Answered
5 Jul 2019

What is the purpose of statistical inference?

Answered
5 Jul 2019

What are the two major aspects of the evaluation phase of the strategic marketing process?

Answered
4 Jul 2019