Assume There Is a 35 Percent Tariff on Bananas Imported

question 90

Multiple Choice

Assume there is a 35 percent tariff on bananas imported into the United States.Also,assume that the market competition is at its beginning and the law of one price is not in effect.If the domestic market price of Hawaiian bananas is $1.00 per bunch,imported bananas will sell for ________ per bunch.

• A) $0.35
• B) $0.65
• C) $1.00
• D) $1.35
• E) $1.65

Recognize direct marketing as a promotional alternative that uses direct communication with consumers to generate specific responses.

Identify various sales promotion tools and understand their role in marketing strategies.

Distinguish between different promotional elements such as personal selling, advertising, public relations, and direct marketing.

Assess the strengths and weaknesses associated with sales promotions and direct marketing.

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Definitions:

Field

A characteristic of interest that describes an entity.

Primary Key

A field (or attribute) of a record that uniquely identifies that record so that it can be retrieved, updated, and sorted.

Identifier Field

In databases, a specific column or attribute used to uniquely determine a record or row in a table, serving as a primary key or unique identifier.

Foreign Key

A column or set of columns in a relational database table that provides a link between data in two tables, used to maintain the integrity of the data by ensuring that relationships between tables remain consistent.