Answer:
The correct answer is letter "A": maximizing profits is the primary objective of a firm.
Explanation:
Business private ownership mainly focuses on providing a good or service to a specific or diverse market with the ultimate goal of maximizing profits. Revenue is the reason why those companies exist. On the other hand, state property has the objective of protecting jobs and minimizing social issues.
Answer:
the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
If the United States imports more than it exports, then this means that the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus.
Generally, when import exceeds export there would be a deficit in the financial account of the country.
Hence, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
Answer:
The marketing mix element is Place
Explanation:
The place, as element of the marketing mix, consists of the location where the product or service is supplied by the firm, and bought by the customer.
In this case, the firm, Zipcar, has a clear goal for the element place of the marketing mix: to have a zipcar location available within 10-15 minutes of its members. This strategy is clearly important for the firm because it would require a significant number of locations, or "places", meaning that the place is probably one of the most crucial aspects of the firm's marketing strategy.
Answer:
Probing
Explanation:
Probing is the term which is defined as the examine thoroughly, search into, ask the question closely and to explore with the probe.
For example, Asking What do think will happen?, Why do think this is the case and What sort of impact do you think?
So, in this case, Danielle who asked questions which are close ended as well open ended and she also asked some greater depth of the information regarding the process. Therefore, she probably uses the probing questions.
Answer:
B) 466,667
Explanation:
10,000*40= 400,000/60 (converting in to Hours)
=6,666.66
6,666.66*70= USD 466,666
