Gross Rating point is a standard measure that is used to measure the impact of advertising.
It can be calculated using the following rule:
GRP = % of the target market * exposure frequency
We are given that:
% of target market = 60
exposure frequency = 4
Substitute with the givens in the above equation to get the GRP as follows:
GRP = 60*4 = 240 = 2.4%
Answer:
"What clothing brands do you usually prefer?"
Explanation:
The retail salesman will infer if the customer likes expensive or cheap brands as this person is trained to know the difference in prices of all the brands that the branch sells.
Answer:
A person has a comparative advantage in the production of a good when she or he can produce the product at a lower opportunity cost compared to another person.
Explanation:
Comparative cost advantage is a concept that emphasizes on an individual, a firm or a county specializing in the production of goods in which it has a greater advantage over others. In other words, a country is expected to produce goods in which it can produce with less opportunity cost than its trade partner.
Answer:
Option “D” increases (rise) U.S. exports and increases U.S. net exports.
Explanation:
Option “D” is correct because when the United Kingdom hire a firm in the U.S. that means the export of the U.S has increased and import of the United Kingdom has increased. The net export is the amount that comes after subtracting the import from export so an increase in U.S. export will show the increase in U.S net export.
The dimension that is being referred to the statement above
is the reference dimension. It is because this is a dimension in which only
provides information to the individual and that there is reasons or definition
that contains this dimension in means of providing explanation or information.