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Here are some answers to how can a relationship marketing benefit a company
-Loyal customers will help expand your business by recommending your business to friends and family.
</span><span>-Loyal customers are more willing to try your new products, because they trust you.
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</span><span><span>Loyal customers will help expand your business by recommending your business to friends and family.
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Explanation:
The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000, and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:
Year 1 9,000 hours
Year 2 5,000 hours
Year 3 4,000 hours
Year 4 2,000 hours
Answer: Real GDP does not fluctuate if growth is occurring.
Explanation:
<span>A. Your yearly earnings. </span>
Answer: Option (d) is correct.
Explanation:
Correct Option: Marginal revenue equals marginal cost.
Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.
The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.