The reason for this is because they have developed a two way investment relationship. They also have conducted a free trade agreement. China is importing goods from Australia because they need Coal and Oil and Australia provides them with their needs and wants.
Answer:
A. Customer value = customer benefits - customer cost
Explanation:
The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.
It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.
Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.
Answer:
Option A
Explanation:
The correct answer is Option A.
immediate-short-run last as long as both input and output prices are fixed.
In economics, the supply curve is the representation of the relationship between the price of the product and the quantity of the product.
The price of the product is represented on the vertical axis whereas on horizontal axis quantity is represented.
Answer:
administrative salaries.
Explanation:
Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.