Answer:
Choose the best and worst answer to the following question:
Suppose your supervisor returns from vacation and notices that the work area looks terrible. You also had the last two days off. He's angry and criticizes you for being careless and sloppy. This wasn't your fault.
What would you do?
Best answer: Let the coworkers responsible know that you had to take the heat.
worst answer: Tell him it wasn't your fault and not to criticize you unjustly.
Explanation:
- The greater the elasticity of supply, the grater the gains from trade.
<u>TRUE. </u>
This situation is true because in an elastic supply situation there is a decrease in prices and an increase in demand, so total surpluses increase and generate more gains to trade.
- If supply is perfectly inelastic, the fall in consumer surplus would exceed the rise in producer surplus.
<u>FALSE</u>
It is false because In a perfectly inelastic supply situation, the quantity of demand does not change even if prices change.
- Producers can still benefit from trade even if supply is perfectly inelastic.
<u>FALSE</u>
It is false because in a perfectly inelastic supply situation the beneficiary will be the consumer, as prices will not change and consumer surplus will increase.
Answer:
The correct answer is A. Product offering and product strategy.
Explanation:
The marketing mix is one of the classic elements of marketing, it is a term created by McCarthy in 1960, which is used to encompass its four basic components: product, price, distribution and communication. These four variables are also known as the 4Ps for their Anglo-Saxon meaning (product, price, place and promotion). The 4Ps of marketing (the marketing mix of the company) can be considered as the traditional variables that an organization has to achieve its business objectives. For this, it is absolutely necessary that the four variables of the marketing mix be combined with total coherence and work together to complement each other.
