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kenny6666 [7]
3 years ago
13

In a competitive market, every consumer willing to pay the market price can buy a product and every producer willing to sell the

product at that price can sell it.
(A) True
(B) False
Business
1 answer:
Gennadij [26K]3 years ago
5 0

Answer:

The correct answer is True.

Explanation:

A competitive market is one in which there are many buyers and many sellers, so each one has an insignificant influence on the market price. Each seller controls the price to a limited extent, as others offer similar products. You have few reasons to charge a lower price than the current one, and if you charge more, buyers will go to others. Also, no buyer can influence its price, since each one only buys a small amount.

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lander has a netflix account and loves to watch independent and international films. after each film that he streams, netflix cr
marysya [2.9K]

Netflix is ​​using the digital marketing technique of using measurable, data-driven information to add customer value.

This digital marketing technique of creating a list of potential films based on Lander's film screening history helps Netflix generate value for the customer, generating benefits such as:

  • reduction in the time the client looks for a film.

  • meeting customer needs.

  • increased satisfaction.

  • greater customer loyalty.

  • creation of relationship and interaction between company and customer.

Therefore, artificial intelligence uses data to create value for the consumer, making the experience more targeted and aligned with consumer tastes and preferences, which makes the company better positioned and competitive in the market.

Learn more here:

brainly.com/question/8367090

5 0
2 years ago
Read 2 more answers
While an attribute is an inherent quality or characteristic of a product or service, a(n) _____________ is a result or outcome a
o-na [289]

Answer:

benefit

Explanation:

The characteristics define what a product is for, the benefits define the difference that our product has versus the competitive product and the motivators define how the characteristics and benefits of these products will help each individual customer. To say that the product will help a specific and unique customer is to show the real motivator of the purchase, that is, that specific benefit that by itself will make the customer buy the product. It reaches the end that the customer buys products for different benefits for which the product has been created. For example, a chair is used to sit, but at the same time it can be purchased as a decoration item (chair in the middle of a hallway) or used as a staircase in the kitchen.

4 0
3 years ago
Introduction of checks into the payments system reduced the costs of exchanging goods and services. Another advantage of checks
sweet-ann [11.9K]

Answer:

they provide convenient receipts for purchases

Explanation:

Checks payment is a form of paying bills. They were created to allow people to make payments without carrying large amounts of cash hence convenient for purchases.They are also  are safer than other forms of payment as they are traceable; when a transaction occurs and payment is made by checks, banks usually make copies of each check and the owner remains with an underlying copy from the check book.  

6 0
3 years ago
Farmer Company purchased equipment on January 1, Year 1 for $82,000. The equipment is estimated to have a 5-year life and a salv
timurjin [86]

Answer:

15600 , 13600

Explanation:

Annual Depreciation =  [Cost of Asset - Salvage Value] / Expected use years

Year 1 Beginning : Cost = $82000 , Salvage Value = $4000, Years = 5

So, Annual Depreciation = [82000 - 4000] / 5

= 78000 / 5 = 15600

Year 4 Beginning : {3 Years gone, 2 years left}

Asset Value remaining = Cost - [(Annual Depreciation)(Years)]

= 82000 - [(15600)(3)]

= 82000 - 46800 = 35200

Dep. = [Cost - Scrap Value] / Years

= [35200 - 8000] / 2

= 27200/2  = 13600

7 0
3 years ago
Two lines intersect and form adjacent right angles what is the realationship between the two lines
frez [133]

An angle is formed when two lines or rays or line segments meet or intersect. ... A linear pair is a pair of adjacent angles whose non-common sides are opposite rays. • When two lines intersect, the vertically opposite angles so formed are equal.

6 0
4 years ago
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