Answer:
Persuasive messages convince someone to accept a product, service, or idea.
Explanation:
A persuasive message starts with highlighting the customers greatest benefit. It can be boldly displayed on the heading or opening statement in a marketing conversation.
A persuasive message occurs when a person attempts to convince an individual or group to take certain specific actions•
In a business environment, the two types of persuasive messages are sales and marketing, which are utilized to convert intention to effective demand which translates into retained customers.
Answer:
the equilibrium exchange rate between 2 currencies is determined by the supply and demand in the money market
Explanation:
equilibrium exchange rate indicates that the price of exchanging 2 currencies will be stable. equilibrium exchange rate is exchange rate at which the demand for a currency & the supply for the same currency are the same.
To maximize profit, the perfectly competitive firm charges a price equal to the marginal cost while the monopolist charges a price greater than the marginal cost.
The monopolist will select the profit-maximizing level of output where MR = MC, and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.
In a monopolistically competitive market, the rule for maximizing profit is to set MR = MC and the price is higher than marginal revenue, not equal to it because the demand curve is downward sloping.
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Answer:
To the first question: C) C. There has been economic growth in our society.
To the second question: E). Economics.
Explanation:
To the first question:
A is false because there has been several recessions in the past 100 years
B is false because markets have failures, causing the recessions mentioned above.
D is false because there are still poor countries, and the concept of "invisible hand" isn't properly explained
To the second question:
The field of economics is the most accurate description of what the researchers are focusing.
En option A they talk about the monetary variable and status of the GDP (recession is associated as decreasing in GDP)
Option B talks about the markets.
C outright spells "economic"
D "the invisible hand" is a concept invented by Adam Smith, the father of modern economics