Answered

Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly 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 platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.