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Wewaii [24]
4 years ago
7

Producers often use ________ as a primary basis for setting prices on the goods and services they offer the public. tariffs cost

s market share quotas
Business
1 answer:
valina [46]4 years ago
5 0

Answer: cost

Explanation: In simple words, cost refers to the total amount of resources used by an organisation for preparing its relative commodity to sell it to the ultimate customer. It is the sum of expenses incurred for the generation of revenue.

It is the total outflow of resources,therefore , the producers often use it for setting prices so that they can generate the amount of profit they are targeting for.

Hence we can conclude that the correct answer is cost.  

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When searching for new market opportunities, which area of product-market focus is least likely to take the firm beyond its curr
nika2105 [10]

Answer: Market penetration

                               

Explanation: Comparison to the total potential market for that good or service, market penetration is a representation of how much a client uses a product or service. When developing strategies to raising the share of the market of a particular good or service, market penetration may also be used.

A paragraph explaining the role, markets and competitive advantages of a corporation; a brief written statement of objectives and principles of your organization is called its mission.

Thus, market penetration can only help in increasing market share and is not used for nay structural change leading to change in mission. Thus, we can conclude that the correct option is C.

8 0
3 years ago
If you become nervous in an interview and lose your train of thought, you should _____.
Tresset [83]

Explanation:

pause and take a deep breath

6 0
3 years ago
Read 2 more answers
The account type and normal balance of unearned revenue would be
Anuta_ua [19.1K]
<span>An unearned revenue is defined as a liability account that reports amounts received in advance of providing goods or services. The account balance is decreased, and revenue account is increased when goods or services are provided. Therefore, by its definition, the account type of unearned revenue is Liability and its normal balance is Credit (Letter D.)</span>
4 0
4 years ago
which combination of fiscal policy actions would be most contractionary for an economy experiencing severe demand-pull inflation
juin [17]

The combination of fiscal policy actions that would be most contractionary for an economy experiencing severe demand-pull inflation is an increase in taxes and decrease in government spending.

<h3>What is a demand-pull inflation?</h3>

Basically, an inflation refers to a general rise in the price of goods in an economy. The demand-pull inflation causes am upward pressure on prices due to shortages in supply, a condition which the economists describe as "too many dollars chasing too few goods." As well, an increase in the aggregate demand can also lead to this type of inflation.

In Keynesian economics, the increase in an aggregate demand may be caused by a rise in employment, as companies need to hire more people to increase their output. A strict labor market means a higher wages, which translates into greater demand. The demand-pull inflation can be compared with cost-push inflation.

In conclusion, the appropriate fiscal policy for an economy experiencing severe demand-pull inflation are to reduce government expenditure, increase taxes, or implement both.

Read more about fiscal policy

brainly.com/question/6583917

#SPJ1

5 0
1 year ago
Airline, car rental, and lodging electronic reservation systems such as orbitz allow comparison shopping for the lowest fares, r
bekas [8.4K]
<span>The answer is possession utility
</span><span>possession utility refers to the value that people had in posessing a certain type of product in the point of view of the new ways they could use that product.
For example, a person that bought a high end laptop with a plan to use that laptop in designing jobs that will bring more revenue</span>
8 0
3 years ago
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