Answer:
Production, consumption and exchange are the three main activities of the economy. Consumption and production are flows which operate simultaneously and are interrelated and interdependent
Explanation:
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As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.
<h3>What is a target market?</h3>
A target market is a group of customers which could be in the same area that have interest in a particular product.
They are usually identified as the most likely buyers of a product or service.
Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.
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Answer:
multigenerationalism.
Explanation:
Multigenerationalism is the term used to describe Marketing to different generations.
Only a few products will appeal to all age groups. A company will develop a variety of products to attract diverse age groups. A Single product firm or one with few products may differentiate its goods or services to appeal to a wider target. Multigenerationalism exists when a business has different age groups in its target market.
The total different ways are 65536.
How many ways can you buy 8 fruit?
8 choices from 4 options with repetition, so the number of ways is (8+4 − 1 4 − 1 ) = (11 3 ) = 165.
<h3>What is the rule of permutation and combination?</h3>
If the order doesn't matter then we have a combination, if the order do matter then we have a permutation.
One could say that a permutation is an ordered combination.
The number of permutations of n objects taken r at a time is determined by the following formula: P(n,r)=n!.
Learn more about permutation and combination here:
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Answer:
A higher operating income will result under absorption costing
Explanation:
If manufacturing production exceeds units sold there will be an increase in inventory and increases in inventory cause income to be higher under absorption costing than under variable costing.
Under variable costing, as its name suggests, only variable production costs are assigned to inventory and cost of goods sold.
Under absorption costing, normal manufacturing costs are considered product costs and included in inventory.
<em>Recognize that a reduction in inventory during a period will cause the opposite effect. </em>
<em>Specifically, a portion of the contents of the beginning inventory would be transferred to expense commensurate with the decrease in inventory. </em>
<em>Since the inventory contains less under variable costing, expect expenses to be lower and income to be higher.</em>
