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3 years ago

We assume that when a firm hires additional workers, the marginal physical product of labor will:

1 answer:

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WE assume that when a firm hires additional workers, the marginal physical product of labor will decrease. Why? Because more people will be added in a certain firm. Thus the resources will be divided to more people now and the money will also be divided to them

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Which of the following influences the consumer when he or she is deciding wether to buy a product?

Georgia [21]

Answer:

Explanation:

The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.

These factors include psychological factor, social factor, cultural factor, situational factor, etc.

Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.

Therefore, option D is correct.

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3 years ago

Read 2 more answers

If promotion is used to successfully stimulate demand, the producer should be able to produce and market products in larger quan

miss Akunina [59]

If promotion is used to successfully stimulate demand, the producer should be able to produce and market products in larger quantities and thus reduce per-unit production research and development, overhead, and marketing costs, which can result in lower prices

<h3>What is marketing?</h3>

Marketing is the process of discovering, creating, and delivering value to a target market in the form of goods and services.

Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it tells the story of your service or product by emphasizing your entire brand.

Distribution, financing, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing world.

Properly researched and targeted marketing will bring in new and returning customers.

Current and former customers' feedback can help identify areas for improvement.

To know more about marketing follow the link:

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2 years ago

To target new markets, Wood Carver is looking for up-to-date information—the latest available—on employment, occupation, and inc

Gwar [14]

Answer:

The Diary Survey.

Explanation:

"The other national data sources and its publishing period are highlighted in the next cite:

"The Consumer Expenditure Survey (CE) is a nationwide household survey conducted by the U.S. Bureau of Labor Statistics (BLS) to find out how Americans spend their money. It is the only federal government survey that provides information on the complete range of consumers’ expenditures as well as their incomes and demographic characteristics. BLS publishes 12-month estimates of consumer expenditures twice a year with the estimates summarized by various income levels and household characteristics. BLS also produces annual public-use microdata files to help researchers analyze the data in more detail.

The CE consists of estimates derived from two separate surveys, the Interview Survey and the Diary Survey. The Quarterly Interview Survey is designed to collect data on large and recurring expenditures that consumers can be expected to recall for a period of 3 months or longer, such as rent and utilities, and the Diary Survey is designed to collect data on small, frequently purchased items, including most food and clothing. Together, the data from the two surveys cover the complete range of consumers’ expenditures. CE data are collected for BLS by the U.S. Census Bureau."

Reference: U.S. Bureau of Labor Statistics. “Consumer Expenditures and Income: Overview.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, 2019

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3 years ago

On January 1, 2016, Elite Advertising was contracted to run a marketing campaign for Pharm King's new dieting pills. In addition

stepladder [879]

Answer:

A. $50,000

Explanation:

150,000 for a 3 year compaing = 50,000 per year

<u>The contract has just started </u>and the information available doesn't meet the criteria.

We must remember that <u>accounting has a principle of conservatism</u> regarding revenues. Accrue revenue without proper grounds is not correct. We should recognize the 1/3 of the base fee which is earned and matched the accounting cycle.

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3 years ago

Food production facilities like the three Graeter's factories must comply with strict regulations to ensure purity and safety. W

Blababa [14]

The types of teams that Graeter might use in these facilities include a food quality team, a production team, and a logistics team.

<h3>What are the most important processes of food production?</h3>

The most important processes of food production include quality controls, which are fundamental to ensure safe foods, and also teams associated with the production, which ensure a suitable production to obtain benefits.

Moreover, the logistic team is also fundamental in food production because it ensures the correct movement of packaged food to the final destination.

In conclusion, the types of teams that Graeter might use in these facilities include a food quality team to control the quality of foods, a production team to ensure the required amount of food products on a daily basis, and a logistics team to ensure the transport of foods to corresponding market centers

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1 year ago