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V125BC [204]
3 years ago
10

The National Egg Association has been promoting the benefits of eggs for many years. It aims to educate customers about the nutr

itional values of eggs through ads which are aired in several states. It is making use of
Business
1 answer:
aleksandrvk [35]3 years ago
8 0

Answer:

Education-based marketing

Explanation:

Education-based marketing unlike traditional marketing which is done through selling-based messages, are done by sharing important information and facts that help customers make a good buying decision.

Education-based marketing is the sharing of knowledge with the purpose of building trust. <u>It is a strategy that establishes credibility and trust with your customers by using educational messages particularly on the benefits they stand to gain by  using a product or service.</u>

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The opportunity cost of doing or getting something is best and fully defined as:
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Answer: The correct answer is C. The value of the best alternative that is given up in order to do or get something.

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For example, a student may be constrained with limited amount of pocket money, say $100 and the student wants to buy textbooks that cost $10 each or go for different outings going for $20 each. In this scenario, the student has different options: a) buy 10 textbooks and 0 outing b) buy 8 textbooks and a outing c) 6 textbooks and two outings d) 4 textbooks and three outings e) 0 textbooks and five outings. For the student to have any more of the other, he has to give up the other unit. What is given up is called opportunity cost.

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