I think the answer would be false. Marketing does not primarily consists of only advertising a product or service. It involves with the buying and selling of a product or a service. It would include advertising, selling of the products and the delivery of these products to the consumers. It should be able to coordinate the 4P's in marketing namely the product, the price, the place and the promotional strategy. So, it is not mainly advertising a product or a service.
Answer:
expensive cookware, meat, and cosmetics are sold this way. manufacturer/producer directly to industrial users. this is the most common method of distribution for major equipment used in manufacturing and other businesses. the manufacturer's sales force calls on the industrial user to sell goods or services.
Answer:
a. A 1% increase is a positive output gap decreases the unemployment rate by 0.5%
Explanation:
Okuns law looked at the relationship between unemployment and output empirically.
It states that that for every 1% increase in the unemployment rate, positive output gap falls by roughly 2%.
I hope my answer helps you.
Answer:
Net Asset value (NAV)
Explanation:
Net Asset value (NAV) represent per share market value of the fund.It is calculated using the below formula
Net Asset value of fund=Value of mutual fund's portfolio-Mutual fund liabilities/Number of share outstanding.
Mutual fund portfolio normally includes all the cash and securities of a fund.
NAV is normally computed at the end of the end of each trading day based on the closing market prices of the fund portfolio.
Germany does not have a comparative advantage, which is the ability to do something better or more efficiently that someone else. Even though they are producing bananas, the industry is artificially supported by the tax incentives and not because Germany is an amazing banana-growing location.
The consequences for the economy are lost opportunity costs that could be producing things where they <em>do </em>have a comparative advantage (cars, for example). Another consequence is that the tax money could be better spent on other things.
