Answer: Socio-cultural component
Explanation:
The socio-culture component is one of the type of system in an organization that helps in embraces the various types of culture and the society concept.
The socio-culture components basically helps in constructing the holistic approach for managing the social structure, education system and the political organization.
According to the given question, the coast-west is one of the company which basically selling the various types of weeding accessories and based on the given scenario the Socio-culture component is one of the best effect that illustrating the given situation.
Therefore, Socio-cultural component is the correct answer.
In a perfectly competitive market, the marginal revenue will be equal to the price. In a perfectly competitive market, there will be a large number of buyers and sellers selling their goods at the same rate. The goods will be homogenous and there will be no difference in the goods sold. In such a case the marginal revenue will be equal to the price of the goods.
Let us assume a perfectly competitive market. A seller will be able to sell whatever quantity he wants at that rate. If the price of the goods is increased he will not have customers. There is no use in reducing the price as the customers are willing to buy the goods at a higher rate. The market is also able to buy all the goods sold by the seller so their marginal revenue will not decrease.
In a perfectly competitive market, the marginal revenue line is a horizontal line. this line will be equal to the price of the goods in the market.
1. Learn more about the perfectly competitive firm from:
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2. Learn more about marginal revenue here:
brainly.com/question/12342976
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Answer:
The Penetration Strategy
Explanation:
The penetration strategy is aggressive. It primarily seeks to increase a firm's share of total sales in a particular market or for a particular product. The prices are lowered to achieve the acquisition of a large percentage of consumers in a competitive market.
One of the goals of the firms who use this strategy is to significantly reduce the sales of the competitors so much so, they are forced to drop out of that market.
To effectively carry out the penetration strategy, the following methods are used:
- Price reduction which is what this question is about
- Terms Improvement- Better customer experience among others
- Expanded Marketing- Creative ways of marketing existing products
- Product Differentiation- Creating a radically different product that attracts customers
- Distribution Channel - Creating more aggressive channels for product distribution
Answer:
$42,060
Explanation:
Walberg Associates cost of the inventory acquired from the estate will be:
Cost of inventory
Price 39,100
Transportation 2,000
Shipment Insurance 310
Cleaning and refurbishing 650
Total cost of inventory 42,060
Answer:
B. Economic classes
Explanation: its correct on eadg