Two teachers purchased art supplies for their classes. One p…

Two teachers purchased art supplies for their classes. One paid $110 for eight large boxes of crayons. The other teacher purchased ten identical boxes for $120. The second teacher got more for her money because she took advantage of a quantity discount, a reduced price for buying ten or more boxes. Which element of the marketing mix most directly relates to these purchases?

Joe’s Stone Crabs (a restaurant in Miami Beach, Florida) tri…

Joe’s Stone Crabs (a restaurant in Miami Beach, Florida) tries to provide extraordinary value to its customers: its crabs are so famous that customers come from all over the world to taste them. Because they are so valued, Joe’s can charge a premium price for a dinner — about $112.95. Joe’s even ships its famous crabs overnight, to customers all over the country. Which of the 4P’s are referred to in this description?