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1.Propose one recommendation that must use the theory of Motivation in consumer behaviour and relate to the design of one marketing mix activity for Specialty Fashion Group (e.g., pricing, product, or promotion). The recommendation must be ORIGINAL (i.e., something that Specialty Fashion Group is not already doing). Put differently, you are NOT to simply describe what the company has already been doing. The recommendation must be detailed and ACTIONABLE. A basic or general recommendation is not actionable. Finally, the recommendation must be based on and connected to the theoretically justified analysis.
2.Elastic, inelastic, and unit-elastic demand The following graph shows the demand for a good. A-Z ? W 140 + bongo PRICE (Dollars per unit) 90------+ 70- 20 Demand 0 10 70 H?TITIllaital FL PI E ge 1 x D 4)) 4:27 AM 9/19/2020
mework (Ch 05) ? A-Z For each of the regions listed in the following table, use the midpoint method to identify if the demand for this good is elastic, (approximately) unit elastic, or inelastic. Region Elastic Inelastic Unit Elastic Between Y and Z O Between W and X O Between X and Y 0 0 a True or False: The value of the price elasticity of demand is not equal to the slope of the demand curve. bongo O True O False Grade It Now Save & Continue.
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