When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of... rational decision making. You just studied 8 terms!
Answer:
<u>expansionary; will be equal to</u>
Explanation:
<em>Remember</em>, monetary policies are basically divided into:
- expansionary monetary policy, and
- contractionary monetary policy.
Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.
i think interactive media is almost every social media but im not 100% sure
The technology involved in rfid (radio-frequency identification) has traditionally been used to ----<u>manage</u><u> inventory prior</u><u> to items reaching the </u><u>sales floor.</u>
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<h3>What's RFID and how does it work?</h3>
An RFID system consists of a bitsy radio transponder, a radio receiver and transmitter. When touched off by an electromagnetic interrogation palpitation from a near RFID anthology device, the label transmits digital data, generally an relating force number, back to the anthology. This number can be used to track force goods.
<h3>What are the advantages of RFID?</h3>
RFID offers dependable track- and- trace in tough surroundings. This technology can fluently track and give real- time data about force and product position. Whether you're tracking large asset force, individual products, or batches, you can profit from automatic real- time data collections.
Learn more about RFID technology :
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Answer:
A) Customer value-based pricing
Explanation:
In sales and marketing, price can be defined as the amount of money that is being charged by a seller for goods and services rendered to a potential customer or buyer.
Customer value-based pricing uses buyers' perceptions of what a product is worth, not the seller's cost, as the key to pricing.
Generally, a value-based pricing strategy typically begins with the manufacturer or seller assessing customer needs at a specific period of time. This ultimately implies that, a customer value-based pricing is all about the consumers of goods and services by considering their perceived benefits or satisfaction derived from the use of such products or services.