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gogolik [260]
3 years ago
13

What is the basic economic problem?

Business
1 answer:
photoshop1234 [79]3 years ago
5 0
It’s either c or d they make the most science honestly I’d say d tho
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What are the five marketing management functions used to manage the marketing​ process?
Kamila [148]

The answer is<u> "a. ​analysis, planning,​ implementation, organization, and control".</u>


The marketing process comprises of five key steps. The initial step is comprehend the commercial center and client needs and wants.In the last advance of the​ five-advance process, the organization receives the benefits of solid client connections by​ catching an incentive from customers. The marketing process, in which four of them concentrated on making an incentive for clients. One procedure for making an incentive for clients is​ customer-engagement marketing, which encourages immediate and ceaseless client association in forming brand​ discussions, brand​ encounters, and brand network.

4 0
3 years ago
A feasibility study is aimed primarily at __________.
swat32

Answer:

accessing the viability of a business

Explanation:

Feasibility study is an evaluation that is carried out on a proposed business venture in order to ascertain the viability of the business.   feasibility study helps to understand the positive and negative effects of the proposed business and prepare ones mind against any future risks that might want to arise. The feasibility study is aimed primarily at accessing the viability of a business

8 0
3 years ago
Scenario 10 Suppose that in Country A, one worker per day can produce either 120 units of food or 50 units of capital goods; whi
aleksandrvk [35]

Answer:

1) country A has a comparative advantage in production of capital goods.

2) for country A 24 units of food can be traded for 10 units of capital goods,

for country B 30 units of food can be traded for 10 units of capital goods.

Explanation:

country A has a comparative advantage in production of capital goods because they have been able to produce more capital goods with the same amount of input (worker) than country B.

For country A, 120 units of food = 50 units of capital goods, therefore

10 units of capital good will be traded for (120 x 10)/50 = 24 units of food.

for country B 90 units of food is equivalent to 30 units of capital goods, therefore,

(90 x 10)/30 = 30 units of food

5 0
3 years ago
Which of the following is the formula for calculating the lifetime value of a​ customer?
Nadya [2.5K]

The formula for calculating the lifetime value of a​ customer the amount a person will spend MINUS the cost to maintain the relationship

<u>Explanation:</u>

Any company must measure the customer lifetime value for its success. Customers are the important factor that decides the growth of any business. They play an important role of buying the goods and services produced by any business. It is required to know how much it costs to attain new customers than retaining the older customers.

By measuring the CLTV, a company can make better decisions like the goals related to marketing, reduction in the cost related to acquisition, customer retention,etc. CLTV can be measured by subtracting the  amount spent by a customer  from the total cost that is spent in maintaining the relationship with that customer.

3 0
3 years ago
In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil
Nat2105 [25]

Answer:

The answer to this question is  (c) Labour, Labour intensive

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Explanation:

The Heckscher-Ohlin model is an economic theory that proposes that countries export what they can most efficiently and plentifully produce.  

The model emphasizes the export of goods requiring factors of production that a country has in abundance. It also emphasizes the import of goods that a nation cannot produce as efficiently. It takes the position that countries should ideally export materials and resources of which they have an excess, while proportionately importing those resources they need.

Therefore in regard to the question above,

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good  

Hence the answer is the third option, Labour, Labour intensive

5 0
3 years ago
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