The average cost tells a firm whether it can earn profits given the price market. The average cost will allow a firm to see what their cost of inventory is and compare it to similar goods within their inventory and on the market. This will also enable them to set a product price to be sold to a customer and make a profit.
Price and service are the major marketing factors in the sale of most manufactured materials and parts.
Service is the amount of time you spend to create a product and price is the amount of money you hope to make from selling the product or service. Both of these have a large part in the marketing process, development and sale.
Answer:
The answer is c. It is recognized as authoritative by the United States Securities and Exchange Commission and the American Institute of Certified Public Accountants.
Explanation:
IASB and it's standards are not accepted nor used in the United States of America as they have a seperate body and a seperate set of standards that are used in accounting and financial reporting and presentation.
These are known as Generally Accepted Accounting Practices or US GAAP which are issued by the Financial Accounting Standards Board (FASB) of USA.
I would say your answer is A.
Glad I could help, and good luck!
The statement in the marketing mix, product refers to activities that communicate the merits of a product and persuade target customers to buy it is: True.
<h3>What is marketing mix?</h3>
Marketing mix can be defined as the technique or strategies use by companies to create awareness about their product or brand.
The statement is true because with marketing mix a company can make use of price, product, promotion to attract and persuade potential customers to buy the product.
The marketing mix are:
- Price
- Product
- Promotion
- Place
Therefore the statement is true.
Learn more about marketing mix here:brainly.com/question/859394
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