Answer:
a. licensor
Explanation:
The licensor is the person or company that have the rights on an idea, product, service, etc, and gives the licensee limited permission to market that. In this case, Vimonland Theme is a licensor because the company gives the rights to an investment company to operate a franchise.
The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.
<h3>What is a
free trade?</h3>
This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.
This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.
Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.
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Although test marketing costs can be high, they are often small when compared with the costs of a major mistake.
<h3>What is meant by test marketing?</h3>
Before a larger release, a product or marketing campaign is made accessible on a restricted basis to test markets with the intention of examining consumer reaction. It's crucial to keep in mind that customers who have been exposed to the product or campaign can unknowingly be a part of a test group.
Standard test markets, controlled test markets, and simulated test markets are the three different types of test markets. The main users of test markets are marketers of consumer packaged goods. Products supplied in packets that people use practically daily are referred to as consumer packaged goods (CPG).
Even while test marketing expenses can be considerable, they are frequently insignificant when weighed against the price of a significant error.
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There are many variables that affect both retention of skill and the ability to transfer it; such variables are the frequency of practice blocks, amount of practice, homogeneity of tasks etc. It is important to distinguish between ability to perform and ability to teach. While ability to perform goes up, it is probably that at some point, certain parts of the motor skill become automated; the recnstruction process is not needed anymore and the reflex is automatic. Due to this, an individual might have high ability to perform, while low ability to teach. When there are only a few repetitions, automations have not set in yet and the experimental subject is conscious of the whole process; he has to mentally reconstruct it and thus it is easier for him to transfer his knowledge to another.
