Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.
<h3>When the business earns normal profits?</h3>
A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.
Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.
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Answer:
126,000
Explanation:
56,000/4 = 14,000
5*14,000 = 70,000
56,000 + 70,000 = 126,000
Kitchen Stories uses pioneer advertising because: it offers consumers in-depth information about the benefits of the product class.
<h3 /><h3>What is pioneer advertising?</h3>
Pioneer advertising can be defined as the way of creating awareness about a new product.
Pioneer advertising provide detailed information that a person need to know about a product as it help to educate customers about what a product entails.
Thefrefore it offers consumers in-depth information about the benefits of the product class.
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Answer:
False
Explanation:
You can only say an aspect of product performance is mission critical is the sensitivity of the price has been suppressed. Hence the safety of an automobile is a very important factor hence price sensitivity should not increase. In a situation where the product performance is not regarded as mission-critical and if the product fails it is not so significant, then price sensitivity increases.
