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Reil [10]
4 years ago
12

A reduction in transaction costs will tend to

Business
1 answer:
loris [4]4 years ago
6 0

Answer:

increase the number of mutually beneficial exchanges that occur.

Explanation:

When you reduce the transactions cost, the number of transactions increase, it means that every agent it’s benefit, because the buyer could afford more transactions and the seller could reduce the price of their products or services that are included in the purchase. Even the agent it's in charge of the transaction its benefit too, because the number of transactions increase due to the increase of the demand.

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What is the first step involved in developing and implementing a social media marketing campaign?
const2013 [10]

Answer:

The first and foremost step is the determine the budget and also to identify the goals and the strategy.

Explanation:

In order to develop and implement or execute the social media marketing campaign or plan one need to follow the following six essential or vital steps:

Step 1: Decide or Determine the Objective and Budget

Step 2: Identify or recognize the Target Audience

Step 3: Create the Message

Step 4: Develop or spread the Media Strategy

Step 5: Implement or execute the Marketing Campaign

Step 6: Last step is to measure and analyze the Results or outcomes

Therefore, the first step is to decide the goals and the budget.

4 0
3 years ago
Harley signs a check payable to Pro Accountants, P.C., and gives it to Pro, leaving the amount blank but authorizing the firm to
Evgen [1.6K]

Answer:

The correct answer to the following question is option C) $15,000 .

Explanation:

Harley signed and gave a blank check to the Pro accountants , and giving them them the authority to fill the amount by themselves but she had already came to an agreement with Pro accountant that the amount they would fill is $10,000 . But Pro accountants didn't do that, instead they filled the check for $15,000 , and gave the check to valley bank , now the valley bank has the full authority to enforce the full $15000 amount .

4 0
3 years ago
If a cash basis business owner pays 18 months of rent expense in advance during the last month of the tax year, how is this trea
borishaifa [10]

Answer:

Check the following consideration

Explanation:

Since the business owner follows cash basis of accounting the treatment is amount expensed during the financial year can be shown as expenses. hence in the current case rent for 18months can be shown as expenses for that financial year and it can be shown as a deduction while computing tax liability.

7 0
3 years ago
g The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by
postnew [5]

Answer:

The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by:

the high cost of domestic labor.

Explanation:

An entity's ability to be globally competitive in the face of foreign manufacturers with low cost of labor is not helped by the high cost of domestic labor.  The cost of direct labor forms part of the computations for the cost of a product and its pricing.  Cheaper imports are more affordable to consumers than local products, thus causing consumers to prefer imports to domestic products.

4 0
3 years ago
When higher prices result in a lower quantity demanded, economists call this relationship: a. the law of quantity. b. the demand
Zanzabum

Answer:

d. the law of demand

Explanation:

One of the foundations of current economy,  the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.

This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.

4 0
3 years ago
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