True total utility always decreases when marginal utility is present
The concentration ratio for Industry M is 52%.
The concentration ratio of industry M can be determined by adding the the ratio of the output to the total output of each of the six firms together.
- Ratio of firm 1's output to total output = 22,987 / 198,400 = 0.11586 = 11.59%
- Ratio of firm 2's output to total output = 21,444 / 198,400 = 0.1081 = 10.81%
- Ratio of firm 3's output to total output = 18,787 / 198,400 = 0.0947 = 9.47%
- Ratio of firm 4's output to total output = 16,454 / 198,400 = 0.0829 = 8.29%
- Ratio of firm 5's output to total output = 12,890 / 198,400 = 0.065 = 6.5%
- Ratio of firm 6's output to total output = 22,987 / 198,400 = 0.0506 = 5.06%
Sum of the percentages = 51.72%
Please find attached a table used to answer the question. A similar question was answered here: brainly.com/question/14903886
Answer:
The given statement is True.
Explanation:
- A person-to-person marketing method, whereby salespeople utilize their communication skills to convince a client should purchase a certain commodity, is termed as Personal selling.
- Instead, it allows people to understand their likes, their routines, their perspectives as well as their emotions.
Thus the above is the right answer.
Answer:
C.Positioning strategy
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question Gold Sheen is using a Positioning Strategy. This strategy focuses on placing the company's attention on one or at most two aspects within a market and excelling in those aspects in order to gain a competitive advantage in the market by being the best in those areas. Which is what is happening in this situation since no other company is concerned with herbal cosmetics.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The correct answer is: All of the above are considered institutional communication clients.
Explanation:
According to the Financial Industry Regulatory Authority (<em>FINRA</em>), an institutional communication refers to one that is attributed to an institutional investor such as a <em>bank, savings, and loan, an insurance company, a registered investment company or adviser, an employee benefit plan with a minimum of one hundred (100) participants, a government entity or a person with at least $50 million of assets for investment</em>.
