Answer:
The primary difference between product markets and factor markets is that:
Product markets are markets related to products, goods, tangible finished items. This is where you'll get your product for sale and where people will buy it.
while
Factor markets are for the factors of production, mostly intangible, like labor, capital and entrepreneurial skills. This is what you'll use (including raw materials) to make your product.
(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
<h3>
What is revenue?</h3>
- The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
- Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
- A company's overall earnings or profit are referred to as income or net income.
- Although both revenue and profit are positive indicators for your company, they are not the same thing.
- The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.
Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
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Answer:
It is the sole responsibility of supervisors.
Explanation:
Strategic planning includes setting objectives or goals and allocating resocurces to achieve set goals. The goals could be long or short term.
Strategic planning can span for years.
The strategic goals would vary from company to company because the aims and objectives of companies differ.
I hope my answer helps you.
The answer is recency. This part of the RFM model. It is a marketing investigation tool used to classify a firm's best customers by calculating definite factors.
The RFM model is founded on three quantitative factors which are:
Recency - How recently a customer has made an acquisition or purchase of productFrequency – How frequent or often a customer makes a purchaseMonetary Value - How much cash a customer spends on purchases
RFM analysis often sustains the marketing saying that "80% of business comes from 20% of the customers."
Answer:
The correct answer is the option C: Search engine optimization.
Explanation:
To begin with, the name of "Search Engine Optimization" or SEO refers to the process used by companies that focus on improving the quality and quantity of the website traffic related to a website that comes from search engines. Meaning that this process seeks for the way to get those websites to be find more easily by the consumers depending on how much related they are to what the consumers look for on the engine searchers. That is why that in this case, Austere Realty is actively engaged in search engine optimization due to the fact that they always ensure that its web page shows up high amoing the list of results of the search engine.
