Answer:
maturity
Explanation:
The four stages of a product's life cycle are:
- introduction: the new product is released in the market (it is born), sales are slow and advertisement costs are high.
- growth: sales volume increases, customers know about the product, and competing firms are starting to launch their own versions of the product.
- maturity: sales growth stops, which means that total sales reached a zenith, companies fight to keep their share of the market and generally launch different versions of the product to keep customers interested.
- decline: sales volume starts to decrease as the product becomes obsolete. Finally the product will stop being produced (the product dies).
I think it’s Alex since he has the lowest salary so it’d be harder for him to pay the tax
if Logan received a $2,500 bonus and his mps is 0.20, his consumption rises by $2,000 and his savings rises by $500
The right answer for the question that is being asked and shown above is that: "b. assumes that all customers are basically the same" Target marketing, in contrast to mass marketing, <span>b. assumes that all customers are basically the same</span>
Answer: b. International trade allows a country to specialize in items that can be produced most efficiently in that country.
Explanation:
Adam Smith with his Absolute Advantage theory, David Ricardo and his Comparative Advantage theory and the Heckscher-Ohlin theories believed that goods should be purchased from Countries that are more efficient in producing said goods so that the resources in the buying country can be channelled towards producing the good that the country can produce efficiently as well.
They believe this to be the foundation of global trade and that each country stands to gain if they buy the goods they are less efficient at producing and sell the goods that they are more efficient at producing. This way resources are properly channelled in an Economy and both countries involved in the trade can achieve high Economic growth as they are utilising their resources efficiently.
