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Ilia_Sergeevich [38]
3 years ago
6

The selling concept is typically practiced with ________.A) industrial productsB) unsought goodsC) specialty productsD) convenie

nce products
Business
1 answer:
zvonat [6]3 years ago
7 0

Answer:

B) unsought goods

Explanation:

The selling concept -

The concept of selling tells that the consumers will not buy enough any  product of any firm unless and until  it undergoes some  large - scale selling and promotional efforts .

This concept is used for unsought goods , the goods  those which the buyers do not normally think of buying , example insurance .

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g The "monetary base" is simply: a. the total of all currency in circulation, outside banks b. the total vault cash held among a
Zanzabum

Answer:

e. the total of currency in circulation, plus depository institution reserves and vault cash

Explanation:

Monetary base is a concept in money supply that measures highly liquid assets in an economy.

It includes all cash that is in circulation in the economy and those deposits that are held as reserves by the central bank from commercial banks. Cash in bank vaults are also included because they are readily available to the economy.

For example if there is $200 million in circulation and there is $13 billion in the central bank as reserves from commercial banks, the total monetary base is $13.2 billion

6 0
3 years ago
Jared expects to charge $60 per hour for his industrial maintenance business during the following year. He expects to reach 50,0
Nataliya [291]

Answer:

Explanation:

He should work with the 50,000 hours estimate instead of the 40,000 in order to avoid shortage of funds during the business year

8 0
3 years ago
Evaluate an open economy from the spending approach in order to get the three sectorial balances, private, external, and public.
velikii [3]

Answer:

GDP for an open economy from the spending approach follows this equation:

GDP = Consumption + Investment + Government Spending + Net Exports (Exports - Imports)

It can also be written as:

GDP = C + I + G + NX (X - N)

The balance of private consumption is simply equal to C, the balance of public spending is G, and the balance of the external sector is net exports or NX.

5 0
2 years ago
What is a promotional strategy?
Citrus2011 [14]

Answer:

Promotional strategy is designed to inform, persuade, or remind target audiences about those products.

Explanation:

6 0
3 years ago
Read 2 more answers
An economy produces apples (in kilos) and computers (in units). The quantities of apples in years 2008, 2009 and 2010 are 500, 5
Fudgin [204]

Answer:

Nominal GDP for year 2010 = $7,650

Explanation:

Nominal GDP measures the market value of all goods and services produced in an economy at current prices, normally in a year. Current prices are the prices of the year I want to know the GDP. In this case, our current prices are 2010 prices. To know the nominal GDP, we must multiply the quantities produced by their current prices:

Nominal GDP= 550*$3+6*$1000=$7,650

3 0
3 years ago
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