The marketplace is full of both potential and non-potential customers which makes this statement <u>True</u>.
<h3>Are both potential and non-potential customers in the market?</h3>
The market does indeed have both potential customers for a product and non-potential customers who would not want to buy the product.
As a result, it is not possible to directly market to only potential customers, but to the entire marketplace.
Find out more on potential customers at brainly.com/question/3053467.
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Answer:
Businesses are generally free of government ownership and
control
Explanation: The answer is C.
Answer:
Market : Gasoline
b. Standardized good
c. Full information
e. Participants are price takers.
Market : Barbershop haircuts
a. Large number of buyers
c. Full information
Market : Bicycles
a. Large number of buyers
b. Standardized good
c. Full information
d. No transaction cost
Explanation:
The three markets will have different characteristics which will cause the competition. The Gasoline market has standardized product and the customers are price takers. Usually the prices are fixed for the products and there is no bargaining.
Answer:
realistic job preview
Explanation:
A realistic job preview serves to show real life situations that candidates may face if they are chosen to cover open positions. This approach can be used to show the important aspects and required skills necessary to perform the job's tasks. As a human resource tool, this approach increases new employees' commitment and actually help to lower churn rate.
