Because saudi arabia and australia have <u>absolute advantage</u>, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
<h3>What is government?</h3>
Government can be defined as a group of people with the authority to govern a country.
So therefore, because saudi arabia and australia have absolute advantage, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
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Answer:
use-and-file rating law
Explanation:
File-and-use rating laws are insurance rules that allow an insurance company to use new rates before they are approved by the state. File-and-use rating laws allow the insurer to use new rates immediately, with the risk that any rate change will be mitigated if the insurance regulator determines the change is not appropriate.
Answer:
degree of newness of the product as perceived by the intended market.
Explanation:
As the new product is in the market so the willing of the consumers are to evaluate the production that depends upon the product newness in the market
The other options are incorrect as if the evaluation of the consumers depend upon the irrational beliefs so it would not be intended to purchased
Therefore the last option is correct
hence, the same is to be considered
Answer:
A bank account
Explanation:
because your money is kept safe
The maturity stage of the product life cycle is the longest stage, where sales peak and profit margins narrow. in this stage, new users or new uses may be added to extend the product life.
Introduction, growth, maturity, and decline are the four stages that make up a product's life cycle. Professionals in management and marketing use product life cycles to assist them to decide on advertising schedules, price points, expanding into new product markets, redesigning packaging, and more.
When sales reach their maturity stage, they start to slow down after a period of strong expansion. At this stage, businesses start lowering their prices in an effort to remain competitive against the escalating competition. The product life cycle's mature stage lasts the longest. At this time, the company has reached the peak of the demand cycle, sales growth is starting to slow down, and advertising tactics aren't doing anything to help.
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