Scenario 1

question 109

Multiple Choice

Scenario 1.1 Use the following to answer the questions.Greensprings Cemetery in upstate New York, offers a full-service funeral and burial that is non-toxic to the environment. All materials used in the burial are natural and will decompose with no negative impact. Greensprings' service is relatively new in the United States, but services of this type are common in Great Britain. A typical burial in Greensprings' cemetery includes a casket made from bamboo, wicker, paper, or other natural material. There are no headstones of stone or concrete that will detract from the landscape, but trees and plants as "markers" are allowed. The cost for a burial at Greensprings is approximately $3,000, compared to about $6,000 at most traditional cemeteries. Although business was slow at first, Greensprings is now experiencing an increase in the number of burials, due to referrals and a newly-developed website. The owners of Greensprings were previously in the cemetery business, and are active conservationist and wanted to make their business more sustainable. After conducting research and finding that there were natural burial sites in Great Britain, they wanted to provide an alternative to other environmentally-conscious Americans like themselves.​
-Refer to Scenario 1.1. A new website has helped Greensprings' pre-planned funeral business grow. These would come under which of the following marketing mix variables?

• A)Product
• B)Price
• C)Distribution
• D)Promotion
• E)Promotion and price

Identify conditions under which firms in monopolistic competition can earn profits in the short run but break even in the long run.

Understand strategic considerations in different market structures including monopolistic competition and oligopoly.

Understand the roles of neurotransmitters acetylcholine, epinephrine, and norepinephrine in the nervous system.

Differentiate between the anatomical structures and physiological functions of the sympathetic and parasympathetic divisions of the autonomic nervous system.