Answer:
Bubba’s annual total revenue is c. $20,000
Explanation:
Revenue is the total amount that comes from sales, regardless of cost.
Bubba catches 4,000 pounds and sell them for $5 per pound, so the total amount (revenue) he receives from selling them is 4,000 * 5 = $20,000
Note: The information about the $3 cost is not necessary to calculate revenue
Answer:
The difference between command economy's and market economy's is that a command economy the government controls what is produced and how it will be shared. and in a market economy people have more freedom and can make their own decisions.
Explanation:
Answer:
Multi-domestic
Explanation:
Multi-domestic strategy is a marketing approach in which an organization focuses all its campaigns and advertising mediums to a local market instead of a more global or international market.
A multi-domestic strategy is utilized by various organisation to make their products respond quickly to local needs.
This strategy boost the business rate of competition in the local market, it also tends to increase the amount of their shares in the local market.
A major disadvantage of this strategy is that it requires a lot of money.
