Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Besides lowering price, what actions can Jackie propose to improve contribution margin?

Sagot :

azikennamdi

Besides lowering the price, Jackie can improve contribution margin by ensuring that:

  • Quality remains the same or better
  • the company leverages social media marketing which is cheaper than conventional marketing and is better targeted.

What does price reduction do?

Price reduction (if all other factors remain constant) helps to drive up demand. This is consistent with the Law of Demand in basic Economics.

If Jackie is trying to drive up profit margin, they must thus consider the options given above.

Learn more about lowering prices ta;
https://brainly.com/question/9823637
#SPJ1

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.