Answer:
False.
Explanation:
In the context of economics, a marketplace or a market is a place where people used to gather to sell and purchase goods or services of their needs. There are different terms used to refer to the marketplace such as Bazaar in Persian, Souk in Arabic etc. there are different kinds of the market such as Permanent markets, regular markets and weekly markets. However, the main activities that take place in a market are the selling and buying of various products and services.
Therefore, the given statement is False.
I would say D) Geology. That's a whole other subject itself. Economics, geography, and history all fit into the category Social Studies. That is things happening around the world. Social stuff. Hence the name Social Studies. So once again, D is your answer. Geology is about the science that deals with the earth's physical structure and substance, its history, and the processes that act on it.<span> The geological features of an area.</span> That would not fit in.
~Silver
Answer:
skimming pricing strategy
Explanation:
Skimming pricing strategy -
It is a the pricing strategy , where the company or any business keeps the price of any product high , and with time reduces the price of the product , is referred to as skimming pricing strategy .
In the initial stage as the product is launched in the market , the demand for the product is higher , and therefore , the company ask for higher price ,
But ,
As the time passes , the demand for the product reduces , and hence to maintain the profit margin , the company reduces the price of the product .
Hence , from the given information of the question ,
The correct answer is skimming pricing strategy .
Answer:
the marginal benefit of defense goods outweighs the marginal cost
Explanation:
In response to the terrorist attacks of September 11, 2001, the government decided to allocate more resources toward defense goods. The government's decision reflects their assessment that t<u>he marginal benefit of defense goods outweighs the marginal cost.</u>
In utility in economics, once the marginal benefits of buying an item outweighs the marginal cost of the item, you buy it. After the September 11, 2001 attack, the United States government found a need to increase the defense budget to prevent further attack. It can be concluded that the marginal benefit derived from increased defense spending outweighs the cost.
Innovation through digitalization. In which it is expected that the products are easy and fast access, so that they can be accessed from any computer connected to an internet network. For example, online purchases and digital banks.
