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Angelina_Jolie [31]
3 years ago
11

How is the value of a resource determined

Business
1 answer:
Yuki888 [10]3 years ago
6 0
<span>How is the value of a resource determined? The value of a resource is determined by the price individuals will pay in order to have the benefit of the resource. The price of the resource needs to be set above cost price but at a point where people will pay for the item and truly believe they are getting a good vale for the price that they are paying. </span>
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In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B
Gnesinka [82]

Answer:

A. the importer-wholesaler traditionally performs most of the marketing functions.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.

This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.

Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.

5 0
4 years ago
if a company failed to make the end-of-period adjustment to move the amount of revenue that was earned from the unearned revenue
puteri [66]

If a company failed to make the end-of-period adjustment to remove from the unearned management fees account the amount of management fees that were earned, this omission would cause an overstatement of liabilities.

Liabilities are owing debts or legal responsibilities to another individual or business. Liabilities, then, are future forfeitures of economic gains that an entity must make to other entities as a result of previous occurrences or previous transactions.So,if a company failed to make the end-of-period adjustment to remove from the unearned management fees account the amount of management fees that were earned, this omission would cause an overstatement of liabilities.

To know more about Overstatement of liabilities visit:brainly.com/question/28316864

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4 0
1 year ago
What is the space between the buyer’s reservation price and the seller’s reservation price called?
dimulka [17.4K]

The space between the buyer’s reservation price and the seller’s reservation price is  called the Total surplus.

What is reservation price for buyer?

A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.

What is producers reservation price?

The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.

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3 0
2 years ago
How quality perfomance of marketing function can contribute a successful business
Soloha48 [4]
Just walk away and tune dem out
8 0
3 years ago
Public-opinion polls in a small city have revealed that citizens want more resources spent on public safety, an annual fireworks
Gre4nikov [31]

Answer:

The correct answer is Community swimming pools.

Explanation:

Taking into account the duties of public entities that are not susceptible of being assigned to individuals, within the three requests only that of community pools can be privatized due to the low relationship they have with the responsibilities of a public entity of this type. The other two requests are of a different nature, and, despite having involvement with other forces or interests, the local government must ensure proper management of public resources that is evident in the citizens.

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