Answer:
Competitive advertising.
Explanation:
Competitive advertising is used to create difference in product sold by itself and product sold or manufactured by other competitor in the Market. It helps to influence consumer´s choice in buying the product. It also help the firm to gain maximum market share as other are new in the marketplace.
Competitive advertising are done on the basis of product´s quality, price, ingredient, benefit of product, etc.
As firm´s product is already in growth phase of life cycle and other company is just entering the marketplace, so firm can use competitive advertising to influence consumer´ s buying choice and can gain more market share.
Answer:
D. Allocative efficiency occurs when production is in accordance with consumer preferences.
Explanation:
Allocative efficiency occurs where price equals marginal cost. Price equals the amount consumers willingly pay for a product, so allocative efficiency occurs where marginal utility = marginal cost
Answer: b. $14,000
Explanation:
Taxes are 30%. If the LIFO amount will result in $900 more being paid in taxes then that means that $900 is 30% of the increase in income from LIFO.
Increase is therefore;
900 = x * 30%
x = 900/30%
x = $3,000
Income before tax using LIFO;
= FIFO income + increase in income
= 11,000 + 3,000
= $14,000
Answer:
Human resources are critical in achieving business objectives. The humans carry out the actions and strategies to achieve business objectives. An example would be a baseball team needing players to achieve its goals.
Explanation:
Answer :
A blade ignition key to start the engine.
Remote keyless entry to lock or unlock the doors
