The option that describes possession utility is : ( A ) Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
<h3>What is possession utility ?</h3>
Possession utility is the value which a product possesses that enables a customer to freely own and use the product as the customer/purchaser wishes.
In conclusion the option that describes possession utility is Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
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<u>Attached below are the missing options </u>
<em>A. Efforts to communicate (i.e., promote) a product's value and then facilitate the exchange process.</em>
<em>B. Acquiring inputs and transforming them into products or services of greater customer value.</em>
<em>C. Effectively managing all value-added processes that influence when a product is available for purchase.</em>
<em>D. Assuring that products and services are where customers expect to find them—when they are needed.</em>
<em>E. All of the above</em>
Answer: Revoking once the performance begin is not possible.
Explanation:
Under the modern-day view, an offer that can only be accepted by completion of a specific act cannot be revoked once performance has begun.
The answer is B.
Export subsidies are a mechanism for governments to increase exports and decrease domestic sales. There are a number of ways this can be achieved and one such way is to subsidize the domestic producers directly. Essentially export subsidies mean foreign importers pay less than domestic consumers, promoting exports.
Answer: c. two-way communication
Explanation: Answer Options: a. one-way communication
; b. intrapersonal communication
; c. two-way communication
; d. a soliloquy
; e. a monologue.
The above is an example of a two-way communication. A two-way communication is one involving the transmission of messages between two parties in which the receiver sends back a response, acknowledging that the message from the sender was received. A sitting arrangement developed on the basis of a two-way communication would suit everyone and further improve communication between team members. The form of communication is quite essential in the business world as messages are transmitted between employers of labor, their employees, team members, customers, and so on, requiring feedback when such messages are received and understood.
James will need to decrease the marginal revenue to reduce his output.
<h3>What happens when marginal revenue equals marginal cost?</h3>
This is known as an economic equilibrium and there is no economic profit in such equilibrium.
To incur profit now, he will have need to decrease the marginal revenue to reduce his output
Therefore, the Option B is corrrect
Missing options <em>"will increase profits, will decrease marginal revenue, can charge a higher price."</em>
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