Answer:
It expands market and sales coverage.
Explanation:
Multichannel distribution system is a type of system utilized by different business inorder to reach their potential customers. It involves the use of more than one marketing channel to promptly and effectively get to different customers.
The benefits of multichannel marketing include:
- It leads to an increased source of revenue for the organisation.
- It increases the customers awareness about the product.
- It gives the business the capability to cut across different sections of the market.
Answer:
Based on the answer to the question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Explanation:
1. Italy's opportunity cost of producing a pane of stained glass is 4 pairs of jeans while Sweden's opportunity cost of producing a pane of stained glass is 10 pairs of jeans
2. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that SWEDEN has a comparative advantage in the production of stained glass and ITALY has a comparative advantage in the production of jeans.
3. Suppose that Italy and Sweden consider trading stained glass and jeans with each other. Italy can gain from specialization and trade as long as it receives more than <u>4 Pairs </u>of jeans for each pane of stained glass it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than 0.1 pair of stained glass for each pair of jeans it exports to Italy.
4.Based on the answer to the last question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility
<h3>Who are consumers?</h3>
Consumer are individual or group of people who are willing to pay for a particular products or services they need.
Consumer often go around to compare prices and custom relations after which they decide who to buy from.
Therefore, Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility
Learn more on consumer below,
brainly.com/question/380037
#SPJ12
Answer:
total market supply for widgets = 4000
Explanation:
given data
total suppliers of widgets = 100
half supply = 35 widgets each
quarter supply = 40 widgets each
quarter supply = 50 widgets each
to find out
What is the market supply for widgets
solution
we know here that market supply is equal to sum of supplies by individual suppliers
and we know half supply of 100 = 35 widgets each
so 50 suppliers supply = 35 × 50 = 1750
and
quarter supply of 100 = 40 widgets each i.e
so 25 suppliers supply = 25 × 40 = 1000
and
quarter supply of 100 = 50 widgets each
so 25 suppliers supply = 25 × 50 = 1250
so
total market supply = 1750 + 1000 + 1250
total market supply for widgets = 4000
