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What will happen to the equilibrium quantity and price of corn if the price of butter (a complement) increases and the price of fertilizer decreases?
Use demand and supply analysis to explain the effect in the bond market of a decrease in the federal deficit. What is the effect on the interest rate and bond price?
“Pricing is not simply an issue of calculating a formula, but rather setting a price that is
perceived by customers to be of value relative to what they get for the price” as stated by
Nieuwenhuizen (2016). One of the ways of setting a price is by using a customer‐orientated
process (Strydom,2004).

Outline any five elements of customer‐orientated pricing and provide an explanation of
each.
(5)
Differentiate between a brand and a trademark. You may use relevant examples to
support your answer.
The five most important factors to consider when deciding on a promotional mix are
location of customers, the characteristics of the target market, nature of the
product, available budget and the current stage of the product life cycle.

Explain each of these factors as the pertain to the promotional mix by using practical
examples.
Nieuwenhuizen (2016) states that “The primary task of a price is to cover costs and
thereafter to make a contribution to profit''.

define the seven factors which influence the pricing of products and services. You may use examples to support your answer.
Income is R120 and the price of popcorn irises from R30 to R60 and the price of smoothie remains R30
Derive the demand curve for popcorns

For the 3 year ending December 31,2014 through December 31, 2016. a corporation combines a federal and provincial tax payable is as follows:in 2014 the net income tax was $153640, in 2015 it was $186540 and in 2016 its expected to be $186540.Based on this information, calculate the amount of instalment if any is required for the following cases:

1


(a) small corporation(small CPCC)

(b) large corporation(large CPCC)

(c) small corporation assume the combined federal and provincial taxes payable for the year ending December 31 2015 were $163420 instead of $186540. (18 ma




Given the aggregate consumption function C=0.9y+100 find the mpc and apc and find elasticity of consumption with respect to income show that it equals mpc and apc
Consider the following short run production function: Q=8L2-0.3L4
a. Find the value of L that maximizes output
b. Find the value of L that maximizes marginal product
c. Find the value of L that maximizes average product
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