the value equation is a ratio between benefits and price per product. Whithout knowing the Farmers Edge Pricing strategies, what are some of the benefits you can name?
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- Please don't give chat gpt answeyWould you rather have efficiency or variety? That is, one opportunity cost of the variety of products we have is that each product costs more per unit than if there were only one kind of product of a given type, like shoes. Perhaps a better question is, What is the right amount of variety? Can there be too many varieties of shoes, for example?Is it cost of production or utility that governs? What is Marshalls responce? What is the argumetn he makes and how can we see this today?
- Suppose two parents present their 16-year-oldwith a list of the cars that they will allow him tobuy. If the parents decide to add another vehicle tothe list, is that affecting the choice architecture fortheir son? Why or why not?please do both of the pictures and label corretcly. thank youuuDetermine the implications of market pricing on the following when making e economic decisions. A. Buyer/consumer B. Seller/producer/supplier
- Answer both please otherwise we will give dounvoteSome years ago. two intercity bus companies, Greyhound Lines, Inc. and Trailways Transportation System, wanted to merge. One possible definition of the market for this case was the market for intercity bus service. Another possible definition was the market for intercity transportation, including personal cars, car rentals, passenger trains, and commuter air flights.' Which definition do you think the bus companies preferred, and why?Think back to a purchase that you made recently. How would you describe your thinking before you made that purchase?