Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our 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

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.