In <u>modifying the market</u>, Johnson and Johnson increased the consumption of the current product.
<h3>What is market modification?</h3>
Market mofification can be defined as the way in the a manufaturer target the market so as to attract potentials customers.
Most producer tend to make use of market modication as a marketing strategy so as to have more advantage over other competitors by reaching their competitors customers and to as well increase sales.
Therefore in <u>modifying the market</u>, Johnson and Johnson increased the consumption of the current product.
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Answer:
b. each person evaluates the situation according to his/her individual self-interest.
Explanation:
This can be generally seen in ancient and modern form of economics where in the course of their works, they can end up countering themselves in the midst of a project.
Here, or in a case of such, a great part of economics deals and accommodates psychology an the both economics that have probably found themselves in the field are expected to evaluate the situation according to each others self interest; especially when knowing the risks, pros and negative effect of the activities that is been carried out.
Secondly, this model is a useful measurement device by which economic situations can be evaluated and also levels of competition that exist in real markets can be checked.
Answer:
C. To earn a satisfactory return on investment.
Explanation:
The objective of the capital budgeting is that the company should have to do the investment in that thing which should be profitiable. In this, the company have the options i.e. either it selects the better investment or proposal for the enterprise
So as per the given situation, when the return on the investment is earn and it becames satisfactory so this represent the capital budgeting objective
Hence, the option c is correct
Answer:
If there are two lawyers with similar experience and fees, you should make a decision by asking other lawyers for recommendations.
Answer: Option C
Explanation: The maximum amount of money that a consumer is willing to pay for having an additional unit of a good or service is called the marginal benefit. Whereas, marginal cost refers to the increase in total cost when one more unit of output is produced.
In the given case, we want to use the available resources at their best, therefore, the money on pollution control should be spent only until the benefit of spending one more dollar is greater than the cost of doing so.
Hence, the correct option is C.
