Answer:
a. The cost of producing additional unit of output
Explanation:
Marginal cost refers to the extra cost incurred to produce additional unit of output or service.
Often times production or manufacturing companies tends to produce more units of outputs maybe to meet recurrent demand. The cost expended in the production of such extra units of output is called marginal cost. It is computed as change in the cost of producing additional goods divided by change in the number of goods produced.
Answer: diffusion
Explanation:
Diffusion of innovation has to do with the spread of a particular innovation. We should note that the innovation was successful in Japan, and the Japanese accepted it.
The fact that it did well speaks to the diffusion of that innovation and the role that the Japanese partner played in addressing the specific cultural issues.
Answer: Marketing managers
Explanation:
According to the given question, the marketing manager plays an important role in the product line decision as it is mainly responsible for setting the objective related to the products and the services in an organization by using the proper business strategies.
The main role or responsibility of the marketing manager is that it promoting the products, brands and the services in the market.
They also managing the product line goods and the services by using the marketing strategies. Therefore, Marketing managers is the correct answer.
Therefore, Marketing managers is the correct answer.
Answer:
A. $800; $1100
Explanation:
Predatory lending is an unfair and sometimes illegal practice by lenders of imposing expensive loans to borrowers. In predatory lending, the lender withholds critical information or deceives the customer into signing a loan that they cannot afford to repay. Lender employs dirty and unjust tricks to get the customer sigh for the loans.
If a lender can afford to pay a maximum of $800 per month, advancing them a loan requiring payment of $1100 per month is putting a lot of financial strain on them. It is an example of predatory lending as it imposes an unfair burden on the borrower
Answer:
d. Equilibrium price will increase, equilibrium quantity will decrease"
Explanation:
"Ceteris paribus" all things being equal; the higher the price, the lower the quantity demanded. If there are speculations about possible increment in price of wheat in near future time, it will result into panic buying of wheat in the market today and that will definitely increase the equilibrium price of the wheat and decrease the equilibrium quantity of wheat demanded.
