If a firm were interested in estimating the distribution of income in the state of California, how could it proceed? Be specific.
Answer to relevant QuestionsTexmac, Inc., has an idea for a new type of weaving machine that could replace the machines now used by many textile manufacturers. Texmac has done a telephone survey to estimate how many of the old-style machines are now in ...Give an example where packaging costs probably a. Lower total distribution costs and b. Raise total distribution costs. Would you expect to find any wholesalers selling the various types of business products? Are retail stores required (or something like retail stores)? Suggest an example of a product and a competitive situation where it would not be profitable for a firm to spend large sums of money to establish a brand. Explain why individual brands may not follow the product life-cycle pattern. Give an example of a new brand that is not entering the life cycle at the market introduction stage.
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