Answer:
Long term
Explanation:
A business needs to plan in order to meet it business objectives and also to adequately satisfy the customer.
Short term plans are those that meet immediate business and customer needs. The require less preparation and cost to implement.
Long term plans require more planning and are meant to meet long term objective of the business. Cost is also higher than for short term plans.
In this scenario Boeing needs several years to develop an aircraft that has more fuel efficiency. So their plans are long term and aimed to satisfy customer needs.
Answer: Economic efficiency in a free market occurs when C) the sum of consumer surplus and producer surplus is maximized.
Explanation: Economic efficiency happens when resources are distributed in a way that allows for the least amount of waste so that there is little inefficiency. When all items are maximized, there is little waste happening and therefor the economic has achieved economic efficiency.
lily's apparel has defined its target market by : <span>Psychographic characteristics
A psychograhic characteristic is a way to define a target market by finding similar attitudes, lifestyle , or value.
By knowing this similarities, we could find a product that will fulfill all the needs that is required by the majority of that market</span>
Hey there!!
The correct answer is Option A. an Increase in supply
Hope this helped and I wish you the best in luck! (: