Answer:
Tt is highly productive in reducing the costs to produce a product.
it is highly productive in producing a highly valued commodity.
Explanation:
A product has derived demand If its demand is dependent on the demand for other products.
For example, there would be no need to demand for labour if no one demands for goods.
The derived demand for a good will increase if it reduces the price of the product and if it is important in the production of a good
Answer: (b) In indirect price discrimination high-value consumers can sometimes still get the low price
Explanation:
Direct price discrimination is based upon the identity of the buyer, while indirect price discrimination involves several offers and achieves price discrimination through customer choices. Two common examples of indirect price discrimination are coupons and quantity discounts.
A local barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?
To solve this question:
Take the 60 books received and divide them by the total 80 books they ordered.
60/80 = 75%
Barnes and Noble received 75% of the books they ordered so they are missing 25% of them.
Answer: Highly doubtful.
Explanation:
U.S. sugar protection policies save producers in the U.S. billions of dollars so those companies continually lobby for the government to keep up the policies.
A company such as Jelly Belly is not influential enough to fight off the various sugar interests unless there are other players like Jelly Belly in the game. The text makes no mention of them however so it must just be Jelly Bean and they do not have the influence to get the government to reverse policy.