If a firm drops a product line, it will lose the revenue from that product. This loss
Question:
If a firm drops a product line, it will lose the revenue from that product. This loss is controllable and direct with respect to the decision to keep or drop the product. Dropping a product might also affect the sales of the firm's other products. Give two examples-one in which the spillover effect increases the revenue from other products and one in which the spillover effect decreases the revenue from other products. Are these spillover effects controllable and direct to the decision to drop the product?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
Yes spillover effects are controllable and must be considered in ...View the full answer
Answered By
Shubhradeep Maity
I am an experienced and talented freelance writer passionate about creating high-quality content. I have over five years of experience working in the field and have collaborated with several renowned companies and clients in the SaaS industry.
At Herman LLC, an online collective of writers, I generated 1,000+ views on my content and created journal content for 100+ clients on finance topics. My efforts led to a 60% increase in customer engagement for finance clients through revamping website pages and email interaction.
Previously, at Gerhold, a data management platform using blockchain, I wrote and published over 50 articles on topics such as Business Finance, Scalability, and Financial Security. I managed four writing projects concurrently and increased the average salary per page from $4 to $7 in three months.
In my previous role at Bernier, I created content for 40+ clients within the finance industry, increasing sales by up to 40%.
I am an accomplished writer with a track record of delivering high-quality content on time and within budget. I am dedicated to helping my clients achieve their goals and providing exceptional results.