Sep 3rd, 2013
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Question description

YOUR PROBLEM DONE BEFORE WAS VERY HIGH

DO YOU THIN YOU CAN DO THIS ONE TOO LET ME KNOW PLEASE ASAP

Solve Problem and Applications:ch 9- prob 2 at the end of chapters 9 in your textbook.
9-2: 2.  Four key marketing decision variables are price ( P ), advertising ( A ), transportation ( T ), and product quality ( Q ). Consumer demand ( D ) is influenced by these variables. The simplest model for describing demand in terms of these variables is:

D  = k - pP + aA + tT + qQ

where  k, p, a, t, and  q are constants.

A.Discuss the assumptions of this model. Specifically, explanation short but containing direct answer

B. how does each variable affect demand? explanation short but containing direct answer

C. How do the variables influence each other? explanation short but containing direct answer

D. What limitations might this model have? explanation short but containing direct answer

E. How can it be improved? Solution Tip: This is an essay ( 300 WORDS) *****

(Top Tutor) Daniel C.
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School: Cornell University

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FratBro23
Sep 7th, 2013
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