<span>A price at which the demanded quantity is equal to the produced quantity of that product is called the market price.</span>
Answer
An economist engineer suggest that the 21st century has seen rise in number of online market and platforms that offer competition to the traditional ways of trade
Explanation
Let's take a look at eBay, Airbnb and Uber which are all marketing platforms where customers can acquire services and goods with just click of the phone button. Goods and services are currently offered for users provided they have access to internet connection with a good gadget. Economist engineers explain the need to understand the manner these markets are designed with more concern on mathematical models and techniques.
The answer is option "<span>d. 125; 75".
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Free market alludes to an economy where the legislature or government forces few or no confinements and directions on purchasers and sellers. In a free market, members figure out what items are created, how, when and where they are made, to whom they are offered, and at what value—all in light of free market activity.
Incomplete question. The remaining part reads;
<u>Identify the sales promotion technique based on the given scenario.</u>
Answer:
<u>Loyalty Points to Customers.</u>
Explanation:
An important sales promotion technique that fits well into this technique is the sales promotion technique. This technique involves providing some incentives that motivate your aggrieved customers to reconsider coming back to you.
For example, Tara could offer her customers loyalty points which they can redeem as discounts for every pair of the new style of lightweight running shoe. By so doing, she may be able to regain the trust of her customers.
Answer:
a.
Explanation:
A bank reconciliation refers to the balancing the company's accounting records (the books) in regards to the cash accounts of that company, with the information from the bank statements that they have. Based on this information, it can be said that A bank reconciliation should be prepared to explain any difference between the depositor's balance per books with the balance per bank. Otherwise these inconsistencies may be considered as fraud.
