Because consumers behave in a rationally self-interested manner, the consumer will purchase a good or service when the marginal benefit is greater than the marginal cost.
<h3>What is marginal cost and marginal benefit? </h3>
Marginal benefit is the benefit a consumer derives from increasing consumption of a good or service by one unit. Marginal cost is the change in total cost when consumption is increased by one unit.
According to economic theory, a rational consumer would consume a good as long as marginal revenue is greater than marginal cost. Utility is maximised when marginal revenue is equal to marginal cost.
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<span>The possible journal entry that would be in Truman's tracking inventory would be:
Cash
4,171
Sales discounts
129
Accounts receivable
4,300
This is because the amount of 5,800 had a credit or an excess amount. Originally the costs of the items are 4,000 and it happened to be increased using the 2/10 and n/30 method of the calculation.</span>
Pablo assured his team that he would advocate for them to receive a much-deserved pay increase. According to the given condition of Pablo, Pablo was fail in the aspect of trust in Credibility.
<h3>What do you mean by the Credibility?</h3>
The capacity to acquire the respect of those who are most directly involved referred as credibility.
As an illustration, consider a social science professor who is well-known for her theories on poverty and who, on the weekends, actively volunteers in disadvantaged neighborhoods to earn the respect of the populations she studies.
Four Different Forms Of Credibility are:-
Therefore, Pablo assured his team that he would advocate for them to receive a much-deserved pay increase. According to the given condition of Pablo, Pablo was fail in the aspect of trust in Credibility.
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Answer:
uh why would you come on brainly for that
Customer retention rate, customer satisfaction, and market share are all the examples of marketing performance.
What is meant by marketing performance?
- Marketing performance is the alignment between goals and objects of marketing team versus actual results. It is measured using metrics and Key Performance Indicators (KPIs), including return on investment, cost per sale, cost per lead, conversion rate, and customer lifetime value.
- The planning and execution of marketing activities are required to happen simultaneously and are under the label of marketing performance.
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