Answer:
They are something to do with car and lines in traffic
Explanation:
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Answer: Price lining
Explanation: Price lining can be defined as a situation in which the goods are categorized as per the basis of their quality. Price lining is done by business entities with the goal of achieving larger customer base which will further result in higher profits.
In the given case, the manufacturer is offering three types of models in market each having different price as per its quality. Thus, we can conclude that the given example is a case of price lining.
<span>The contractor can collect from the estate only. The contractor and Clay made an agreement only in oral form, not in written agreement. So, the contractor could not got after Clay. </span>
Answer:
General Motors had more of a Production Orientation
Explanation:
The company which is production oriented focuses on the production and company's production processes and runs campaigns to sell the product produced or the product they are producing. General motors produced the products which it is good in producing the products and won the market against great giants like Ford, Toyota and German auto companies. Whereas Toyota was developing market which is newly born and started pricing their products on the basis of products that were desired (environmentally friendly products) and lost the market because of lost of market share as this market was in introduction phase and Toyota left a market which was at maturity. Then it is obvious that Toyota has revenue losses due to leaving its concentration and marketing of products to mature market and was busy in developing environmentally free products market in US.
Answer:
roles of government
Explanation:
The government uses part of the taxes it collects to provide public goods such as goods as education, healthcare, and infrastructure. In mixed economies such as the US, the government's main role in the economy is to ensure fair competition among suppliers and protect consumers' and workers' rights.
The government has established several bodies and mandated them to carry out the regulatory functions. Different agencies regulate different trade sectors such as communication, drugs and medicines, weights and measures, employees' safety and health, etc.
