Answer: Marketing mix
Explanation:
Marketing mix is a combination of factors that are controlled by a company in order to influence the consumers to buy its products.
Marketing mix is a foundation model for firms, and it centered around the price, product, place, and promotion. Marketing mix is the marketing tools that a firm uses to achieve its marketing objectives in the market.
Answer:
Implicit Costs = $35,000
correct option is b. $35,000
Explanation:
given data
total revenue = $100,000
rent = $3,000
overhead averages = $500 per month
Ramona earn = $35,000 per year
to find out
total implicit costs
solution
we know that here Total Rent paid is
Total Rent paid = 3000 × 12
Total Rent paid = $36000
and
Total employee payment = 2000 × 12
Total employee payment = $24000
and
Total ingredient and overhead = 500× 12
Total ingredient and overhead = $6000
and
Explicit Costs = 36000 + 24000 + 6000 = $66000
so here
Implicit Costs = The opportunity cost of not working as a manager
Implicit Costs = $35,000
correct option is b. $35,000
Answer:
Option C Tier 2
Explanation:
the reason is that the tier 2 vendors targets firms that are of medium sizes which means the revenue of such organization ranges between $20m to $1 billion. And this falls under the classification of Enterprise resource planning. According to a market research 200,000 US companies have met the condition for medium sized organization.
The above explanation provides reasons why option C is correct.
Answer:
C, a decrease in the real interest rate
Explanation:
When factors such as changes in expectation, technology, demands for goods and services, etc cause in shift in the demand curve for capital, interest rates act as the determinant of the capital demand.
If the interest rates of loans are high, capital demand will be reduced but in the event that interest rates are low, capital demand is high or increases.
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Answer:
The following are the major reasons the high density of the population in any place.
Availability of water.
Industrialisation.
Employment potential.
Infrastructure facilities like housing, roads, proper transport facilities, health and education, communication facilities etc.
Explanation:
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