The era of the marketing evolution in which firms begin to focus on what consumers wanted and needed before designing, making, or selling a product is market-oriented era.
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What is the market-oriented era?</h3>
It should be noted that around the year 1940s when industries realized that focusing only on their business needs and as a result of this the customers are unsatisfied.
However, the businesses' marketing tactics that is been engaged that time is identifying what customers need and effectively customizing activities .
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Answer:
Option D. None of the other options fit.
Answer: Reserves and the monetary base; the money supply ( please check your options, they are not clear)
Explanation:
An open market operation (OMO) is an operation by a central bank to give lquidity to a bank or receive liquidity in its currency from a bank. A central bank uses OMO as the major means of balancing monetary policy target in terms of inflation, interest rates, or exchange rates, by purchasing or selling of government securities so as to to expand or contract money in the bank system and control interest rates.
The use of open market operations as a monetary policy tool ultimately helps the Fed pursue its dual responsibilities- improving employment and influencing prices—by controlling the supply of reserves in the banking system, which leads to interest rate changes.
Open market sales therefore shrink Reserves and Monetary base thereby lowering the Money Supply.
Answer:
The average # of customers in the line is 4.
Explanation:
arrival rate, x = 82/3600
= 0.023
service rate, y = 1/36
= 0.028
utilisation, p = x/y
= 0.023/0.028
= 0.821
average number of costomers = p^2/[1 - p]
= (0.821)^2/[1 - 0.821]
= 3.75
Therefore, The average # of customers in the line is 4.
