Abc migrated to a Corporation type of company to reduce cost.
Answer:
AD shifts left and price level would decrease.
Explanation:
If consumer wealth decreases due to a plunge in the stock market, the AD curve will shift to the left. This is because shifts to the left of the AD curve represent a reduction in demand, and if consumers are poorer, they will naturally decrease their demand.
This will in turn reduce the price level, because in a market system, prices will fall until they meet the new, lower demand, meaning that a new equilibrium price is reached.
Answer:
The societal marketing concept
Explanation:
Societal marketing refers to the marketing idea that maintains that a firm should make creative decisions not only through taking into account the needs of customers, the criteria of the corporation, but also the lengthy-term interests of society.
The principle of societal marketing holds that the role of the company is to assess a target market's desires, wishes and preferences and to produce the desired satisfactions more effectively and efficiently than rivals in a manner that maintains or improves the very well-being of all individual consumers and general society.
TRUE.
Margin of safety is the difference between actual or budgeted sales and the volume of sales needed to break even. Costs and sales revenue are equal at the break-even point, and profit is zero. The amount of sales that can be lost before suffering losses is indicated by the margin of safety.
<h3>What do break-even sales mean?</h3>
- The sales value at which a business makes neither a profit nor a loss is referred to as "break-even sales." In other words, a company's break-even sales are the dollar amount of revenue that exactly offsets both its fixed and variable costs.
- Break-Even Sales = Fixed Costs / Contribution Margin Percentage
To know more about Margin of Safety check this out:brainly.com/question/13790799
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