Product concept is the marketing orientation states that consumers will favor products that offer the most in quality, performance, and innovative features. Consumers are always looking for products that are high qualiy but aren't outragious in pricing or difficulty. When products better fit consumers needs at a price they can afford, it makes them more likely to spend the money and refer people to the products.
Answer:
c) 10%; stays the same.
Explanation:
Elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price.
Supply is perfectly inelastic if a change in price has no effect on quantity supplied. The quantity supplied remains unchanged despite changes in price.
I hope my answer helps you
Answer:
B
Explanation:
The marginal cost of producing food is $25, which is greater than the price of selling the food.
At this point the firm is incurring a loss. In order to improve profit margins, the firm should reduce the amount of meals been produced, so that profit would increase
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
the answer is: a. reduces employee turnover
in business, potential benefit refers to the benefit that might or might not occurs depending on the performance that created from a certain decision.
Telecommunication is useful for the employers to communicate with the employees even if they not in close proximity. This allow employees to work at home and have more balance between their personal life and professional life. This balance would increase their comfort level in working with the employer and reduce the employee turnover.
