Answer:
The correct answer is letter "A": Finished goods inventory.
Explanation:
Finished goods inventory refers to those products that have reached their maximum level of completion and are stored in the manufacturing company inventory waiting for retailers or end-consumers to demand them. Finished goods are also called <em>final goods</em>.
Answer:
Wage rate is $5
Explanation:
The marginal utility of money=marginal utility of leisure/wage rate
When the formula is rearranged,wage rate is given thus:
wage rate=marginal utility of leisure/marginal utility of money
wage rate=15/3
wage rate =$5
In other words, the correct option is C,wage rate is $5
Option D would have been correct if the requirement was to calculate marinal utility of leisure
Answer: Option E
Explanation: In simple words, sales promotion refers to the process under which an organisation tries to persuade customer to buy its product by using several marketing and advertising strategies.
Direct marketing refers to the process in which a company performs its marketing strategy without the help of any middleman.
Therefore, we can conclude that option E is correct as the company is sending an email direct from its office so it is direct marketing and the objective of mail is to promote sales which depicts sales promotion.
Increasing over the last ten years.
<span>This is the idea of the developing world. In many of these countries, there is a low amount of industrial or technological development. These countries have a rather low standard of living and a higher poverty rate when compared to countries that have technological development and progress.</span>