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Angelina_Jolie [31]
3 years ago
14

Identify the four major requirements necessary for a free-market system to operate.

Business
1 answer:
g100num [7]3 years ago
7 0

The free market<span> is defined as the system in which the price of goods is agreed upon by consent between sellers and consumers, through the laws of supply and demand.  Their requirements are the existence of free competition, (which in turn requires that among the participants of a commercial transaction there is no coercion, no fraud, or more generally, that all transactions are voluntary), c</span>omplete universal information about the products and their prices, a free medium of exchange with a common currency, reasonable transaction costs,  set of sellers and a set of buyers.

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During the ________ stage, various elements of the marketing mix must be developed for testing such as copyrights, tentative adv
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During the Goals and Objectives stage, various elements of the marketing mix must be developed for testing the copyrights and tentative advertising copy.

<h3>What is marketing mix?</h3>

marketing mix serves as the term that describes anyone that is directly or indirectly involved in the business side of the enterprise.

Conclusively, at the Goals and Objectives stage, testing the copyrights and tentative advertising copy is important for the future of the business.

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2 years ago
Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer's responsibility?
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Knowing rights and responsibilities relating to money transfers. Notifying the bank of lost credit or debit cards.

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3 years ago
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Grabhouse inc. is experiencing an increase in turnover rates of its top employees. upon consulting with its managers for the rea
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2 years ago
One advantage of using the internet as an advertising medium is
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<span>One advantage of using the internet as an advertising medium is that you can control the size of audience you are trying to reach. Through IP addressed, you can create a broad group, or narrow in on a specific area within a city. Through such targeting, a marketing team can control the message delivered within the target market and control the amount of money spent on the campaign.</span>
4 0
3 years ago
Adler Company is considering developing a new product. The company has gathered the following information on this product. Expec
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Answer:

markup 200% over cost

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Explanation:

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75

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3 years ago
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