A contract entered into between the parties by words is called- -

1 answer:

8 0

A contract entered into between the parties by words is called AN EXPRESS CONTRACT.

An express contract is an exchange of promise between at least two parties wherein the agreed terms are expressed either orally or in writing at a time it is made. Express contract may also be both oral and written at the same time.

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Promotion to consumers is called ?

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Answer: Sales promotion

Explanation: Sales promotions targeted at retailers and wholesale are called trade sales promotions. i think its right

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When both producers and consumers experience a surplus, the market is demonstrating efficiency?

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If both consumers and producers are experiencing a surplus the market is efficient

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Initial step in the strategic marketing process is to begin planning by conducting a _______. business portfolio analysis. diver

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<span>Initial step in the strategic marketing process is to begin planning by conducting a (SWOT) analysis. SWOT analysis, also called SWOT matrix, means the Strengths, Weaknesses, Opportunities, and Threats that summarizes the evaluation of elements for a project or business.</span>

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The allocatively efficient quantity of product Z for the whole market is 2 million units. At that quantity, the demand for Z is

makkiz [27]

Question Completion:

ANSWER CHOICES

A. operating with decreasing returns to scale

B. a natural monopoly

C. a legal monopoly

D. monopolistically competitive

E. productively efficient

Answer:

Based on this data, the market for product Z is:

A. operating with decreasing returns to scale.

Explanation:

For the Average Revenue (Price) to equal the Average Total Cost (ATC) and enable the firms operating in the market to break-even, the firms must increase their production units from 2 million to 3.5 million units. The conclusion that the market for product Z is operating with decreasing returns to scale for a single supplier is because it will take a 75% increase in production for the average total cost to fall from $7 to $5 for the single producer. In other words, the percentage increase in production does not result in a proportionate decrease in average total cost.

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3 years ago

Mr. Smith believes that there is going to be rise in the equities market. Based on this information, what would allow Mr. Smith

White raven [17]

Answer:

The answer is 'Buy a Stock Index Future'

Explanation:

To take best advantage of this situation, Mr Smith should go long(buy) on this stock.

Stock Index Future js a method of derivates. Futures, like forward contract is a forward commitment which obligates the buyer to purchase an asset or the seller to sell an asset and have a predetermined future date and price. Future is used to hedge against worse future situations.

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4 years ago