Answer:
Economics
Explanation:
Economics is the study of the activities that individuals and society undertake to satisfy their unlimited wants using scarce resources. Economics involves analysis of the production of goods and services, their distribution and consumption in a country. It involves the study of how individuals, firms, and the government allocates scarce resources to meet the need of society.
Economics is categorized in microeconomics and macroeconomics. Microeconomics concentrates on the key economic indicators such as demand, supply, and income and how they affect an individual, firm, or product. Macroeconomics studies the economic conditions in a country as a whole. It is concerned with issues such as inflation, Unemployment rate, and GDP
Answer:
selective distribution
Explanation:
In marketing, the selective distribution approach refers to a company only choosing a few retail stores or distributors to sell their products to final consumers. It is the opposite to mass marketing where a company will seek all the possible outlets where it can sell its products.
Selective distribution is not the same as exclusive, because when you use exclusive distribution only one retailer can sell your products, instead selective means a few selected retailers can do it.
The answer is primary research. This falls under the type of
research in which the study is being processed in means of going out and
collecting the data needed for the study. This usually made use of instruments
such as surveys or interviews and even made use of ethnographic research.
Answer:
D) Corporate level strategy
Explanation:
Corporate level strategy involves decision and actions that are taken to achieve objectives big the business that affects all aspects of the business.
It is the opposite of functional strategy that focuses on actions that affects only a particular function of department.
In this instance Green Frog is considering expanding beyond the cosmetics industry into pharmaceuticals in order to gain competitive advantages by operating in multiple markets and industries. This will will affect all aspects of the business and so is considered a corporate strategy.
If terry's total utility is maximized when he owns 10 pairs of shoes, then terry's total utility from owning 7 pairs of shoes is less than terry's total utility from owning 8 pairs.
The benefit that a person receives from consuming all of a given commodity's units at once or over time is referred to as their total utility.
In other terms, total utility is the overall satisfaction attained through the consumption of numerous units of commodities and services. Every unit of a commodity has a marginal utility, which is a benefit gained from consuming an extra unit. The total utility is the total of all these marginal benefits.
The consumer tries to consume various combinations of products and services within the available restricted resources (money) in order to optimise his overall utility. Generally speaking, individuals try to get the most out of the money they spend on goods and services.
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