Answer: $116
Explanation: Opportunity cost refers to the loss of profit by an individual or a firm when one chooses to go for best alternative instead of the second best alternative.
In the given case, John has two alternatives and if he chooses to go on the trip it would cost him the loss of $116 salary that he receives.
Thus the opportunity cost of going on the trip would be $116.
Answer:
The linear communication model explains the process of one-way communication, whereby a sender transmits a message and a receiver absorbs it. It's a straightforward communication model that's used across businesses to assist with customer communication-driven activities such as marketing, sales and PR.
Explanation:
The marketing of services differs from product marketing because of the four fundamental differences involved in services: services are intangible, inseparable, heterogeneous, and perishable
Answer:
c. A cap-and-trade system is considered a command and control regulation
Explanation:
The both are different systems as the cap-and-trade system which permits to trade and is more efficient in most of the markets. Nevertheless, the command and control system is used to laws it is not the most efficient, considering as well that is onerous and expensive for the government.
Answer:
affiliate marketing
Explanation:
When someone searches for a company' s product he or she enjoys , promote and sells such product and earns bonus or profit, it is called affiliate marketing. It is a situation whereby one(affiliate) earns a comissiom by promoting another company' s product.
Affiliate marketing is mostly done on the internet . Affiliates identify themselves with a brand they enjoy and then refer people to patronize it. By so doing, they earn a commission on every sale they make on behalf of the company.
Although some people(affiliates) goes to the extent by having a blog to promote a company' s product, one can start by just advertising the product
which will eventually leads to sales and then earn comission.
