Answer:
D. Review your notes and clarify is the correct answer.
Explanation:
The correct answer is Option D.
The longer the time period under consideration, the more elastic the supply of a good will be.
<h3>What is supply of goods ?</h3>
- The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of tangible things because of an auctioneer or dealer acting under his and her own name but following another person's instructions. delivery of items under a hire-purchase agreement.
- In general, supply refers to the complete amount of goods and services that such a producer is ready to provide at a specific price and location.
- Even as a profession, selling products or services counts as a supply under the GST. Therefore, the sale would represent supply even if a well-known politician created paintings for charities and sold them, even once.
To learn more about supply of goods refer to :
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Answer: C.one product and multiple market segments.
Explanation:
Sporting News Baseball Yearbook is using the One Product and Multiple Market Segments marketing strategy.
By using the SAME story but putting a DIFFERENT star in each cover to cater for DIFFERENT segments across the nation, they are hoping to Target multiple segments with the same product.
This Marketing strategy boosts sales while keeping Differentiation costs at a minimum because the product need not be differentiated to cater for different segments, only the market strategy needs to.
A) FTC- investigates and prevents unfair methods of competition and prevents deceptive acts affecting commerce.
B) CPSC- works to reduce the risk of injuries and death from consumer products.
C) EPA- responsible for creating standards and laws promoting the health of individuals and the environment.
