Answer:
<em>Duress </em>
Explanation:
Duress is a protection against an agreement. Duress is <em>the wrong pressure to force an individual into an agreement that he or she would not normally enter into. </em>
Duress involves using force intentionally or threatening force to induce the agreement.
It may be either physical or mental manipulation, but it must be intimidation to the degree that it robs the other individual of independent will or freedom of choice.
This implies that no fair alternative to entering the contract is left to the individual.
Average fixed costs continually decrease is the correct answer. The average costs assist in identifying the costs related to producing a single unit, whereas the total cost of production aids businesses in understanding the entire expenses incurred.
The total fixed cost is divided by the quantity of units produced to get the average fixed cost. The fixed cost incurred in producing a unit of output is known as the average fixed cost.
Any increase in output reduces the average fixed cost because Total Fixed Cost is constant. Though the average fixed cost can go very small, it will always exist.
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The business owners involvement in the local business is much needed strategy. But to expand in new market it is necessary to adopt to niche marketing strategies.
<u>Explanation:</u>
The business owner has good knowledge about the local market in which he is operating so he can utilize the appropriate management techniques for successful business. It is necessary to find the right partners for expansion.
To expand business in new Asian markets the business owner must have knowledge about the Asian market to implement marketing campaigns. It is better for Chuck to recruit the local people with talent for expanding his business. Expert advice have to be obtained before expansion of business.
Answer:
The correct answer is letter "C": market-skimming pricing.
Explanation:
A product price can be introduced using a<em> market penetration strategy </em>and <em>market-skimming pricing</em>. Market penetration pricing unveils a new product or service to draw buyers away from rivals at an initially low price. Market-skimming pricing is a technique that unveils a product that consumers can pay for it at the highest price. It helps to produce significant profits that will help a business recover production costs quickly.
Answer:
Internet, financial and security services.