Answer:
People often compare themselves to others, so if they see that everyone is shopping at one store vs another, they are more inclined to start shopping at Store A vs Store B.
I hope this makes sense and helps
Explanation:
<span>This allows for individuals to be encouraged to undertake certain tasks that will better themselves and society as a whole. These deductions make it more likely that a person will give to charities as well as contribute income toward their needs at the end of their careers.</span>
To maximize profits, a firm should continue to increase production of a good until marginal revenue is equal to marginal cost.
According to the cost-benefit analysis, a company should continue to increase production until marginal revenue is equal to marginal cost. A manager maximizes profit when the value of the last unit of product (marginal revenue) equals the cost of producing the last unit of production (marginal cost)
What Is Marginal Revenue?
Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.
What Is Marginal Cost?
In economics, the marginal cost is the change in total production cost that comes from making or producing one additional unit.
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Answer:
Radio
Explanation:
From the question we are informed about local automobile service company who is interested in advertising but has a very limited budget. They would like to tailor their advertising toward individuals in the local area who own older domestic vehicles and may need services such as brakes, transmission, or other relatively major services. In this case, advertising medium that is best for this company is radio.
Advertising media can be regarded as a channel that is been used for communicating a promotional message to the outside world. These media could be through billboards, television advertisements or online banners and radio spots. Radio advertising can be regarded as a channel of buying commercials so that products or services can be promoted.
Advertisers will pay some charges to commercial radio stations for airtime , then , the radio station in exchange for this will broadcasts the advertiser's commercial all over the listening audience.