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Alexus [3.1K]
3 years ago
6

Shortly after World War II, John Jackson developed an idea for a machine lubricant that was superior to anything currently on th

e market. He persuaded friends to help him begin producing it for sale. While demand kept up with production at first, he soon found that he had to hire a sales force to sell excess product to manufacturing companies in the area. He decided this was primarily because of several strong competitors that had recently come into the industry. This is an example of marketing behavior that would occur during the ________ era of U.S. business history.
Business
1 answer:
slavikrds [6]3 years ago
6 0

This is an example of marketing behavior that would occur during the Sales era of U.S. business history.

Explanation:

Over the years, the principle of marketing has changed and constantly changes. Commercialisation has ostensibly developed through both classical and modern stages.

The era of rivalry was the era of sales. Companies can not market their mass produced goods easily anymore. The selling of products to consumers was becoming increasingly difficult for businesses. In this age, we see the marketing phenomenon as it emerges today. Companies had to encouraging and educating customers to sell products vigorously.

In these days, marketing is viewed in the United States, including the manufacturing period, the distribution age, the selling age and promotion, and is also a large functional field of the business.

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The requirement that certain professionals possess a license in order to work in a particular market has the effect of reducing
Nimfa-mama [501]

Answer:

C

Explanation:

The correct option is  C :price to increase and the profits of firms in the market to decrease

This can be explained by the fact that, since it always been mandatory to possess a license in order to work in a particular market. This certainly  reduces the competition in the market and thus, the prices would increase; therefore, as the firms have to pay for licence thus would reduce the profits of firm.

8 0
3 years ago
The consumer price index (CPI) is used to compute inflation.
NemiM [27]

Answer:

True

Explanation:

The CPI results from the variation of prices in a market basket compared between 2 years and the inflation is the measure of the change in CPI in a series of time.

8 0
4 years ago
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Inayah needs Rs.100, 000 to start an ice-cream business. If she uses Rs.40, 000 from her savings and another Rs.60, 000 borrows
Lelu [443]

Answer: 5% of RS 100,000

Explanation:

Opportunity cost is what an economic agent such as an individual, form or government forgoes when a choice is made from different available choices.

Here, since Inaya has used Rs100000 for her ice cream business, the opportunity cost will be the 5% interest that she could have made on the money used for the business

4 0
3 years ago
SOMEONE PLS HELP ME!!
Tom [10]

Answer:sales

Explanation:

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A firm has $260,000 in assets and $158,000 in stockholders' equity. it owes $55,000 from a long-term loan, and this is its only
Nina [5.8K]
$47,000 in total current liabilities. 

$260,000- ($158,000+$55,000)= $47,000 


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3 years ago
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