Answer: Marketing Era
Explanation:
The Marketing Era is one of the so-called eras of Marketing which defined how producers related to customers and hence try to show how marketing has changed over the years.
In the Marketing Era
, the focus of producers was to give the customers items they actually needed and wanted so that instead of having to convince customers to buy goods that the company made which the customers may not have wanted, by making what the customer actually wanted, they would not have to spend so much on convincing them.
Answer:
Lexicographic decision rule
Explanation:
A lexicographic decision rule is one of the decision making rules in purchase that allows a product to be ranked according to its importance to the consumer.
When a consumer is to purchase a product, the consumer ranks products that are similar in use as well as how important the product is. This helps a consumer to make the best decision when it comes to purchasing.
Cheers.
Answer:
The correct word for the blank space is: Timeliness.
Explanation:
Timeliness is a characteristic the Financial Statements must meet by which executives in decision-making positions could be able to read and comprehend what the information reflects on the company's well being so they can take proper action to correct the course of the company or find the way to keep it and improve it.
Answer:
a) Y = 500
b) Wages: 2.5
Rental price: 2.5
c) labor Share of output: 0.370511713 = 37.05%
Explanation:
if K = 100 and L = 100
Y = 500
wages: marginal product of labor = value of an extra unit of labor
dY/dL (slope of the income function considering K constant while L variable)
With K = 100 and L = 100
Y' = 2.5
rental: marginal product of land = value of an extra unit of land
dY/dK (slope of the income function considering K variable while L constant)
L = 100 K = 100
Y' = 2.5
c) we use logarithmic properties:
50 was the land while 10 the labor
2.698970004 = 1.698970004 + 1
share of output to labor: 1/2.698970004 = 0.370511713
Answer:
ABC net income for the year is $42,500
Explanation:
Beginning total assets = $400,000
Ending total assets = $450,000
Average total assets = Beginning total assets + Ending total assets ÷ 2
= ($400,000 + $450,000) ÷ 2
= $425,000
Return on assets = 10%
Therefore,
Net income ÷ Average total assets = Return on assets
Net income = Return on assets × Average total assets
Net income = 0.1 × Average total assets
= $425,000 × 0.1
= $42,500
