Answer:
In 1890, Alfred Marshall's Principles of Economics developed a supply-and-demand curve that is still used to demonstrate the point at which the market is in equilibrium. ... The prices of some goods can increase without reducing demand, which means their prices are inelastic.
Answer:
C.Sole proprietorship
Explanation:
Which of the following organizational structures led to massive increases in the deployment of capital in the US and UK in the nineteenth century?a. Limited liability companies
b. Partnerships
c. Sole proprietorships
d. Worker cooperatives
Sole Proprietorship is a business structure owned by one person. He manages the business alone. Handles the risk and profits alone. This form of business pays more in tax to the government than Big business owners or investors.
In the nineteenth century, there was a shift in industrial revolution. Before ,lots of the people worked as labourers in large textile factories, rubber plants, shoe factories etc. The citizens of the these countries saw the need to establish there businesses as Governments began establish incentives that makes small business owners to thrive and survive.
Answer:
An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect.
Explanation:
The above is true due to the fact that the consumption of goods increases. This could have been reduced had it been that, there was never any excise subsidy on those goods.
Answer:
$20,000
Explanation:
Given :
Total cost of inventory= $576,000
Upgraded cost of calculator =$170,000
Sold cost of calculator =$230,000
Present sales cost = $40,000.
The incremental revenue of the calculator of sales can be determined by
=$230,000 - $170,000
=$60,000
Therefore financial advantage to the company from upgrading to the calculators can be determined
=$20,000
Answer:
<u>Mass Media Advertising </u>
Explanation:
Marketing communication refers to means of marketing the products such as advertising, sales promotion etc. It refers to how the product attributes are conveyed to the prospective customers.
Marketing communicators are the ones who undertake and decide upon marketing communication methods.
Mass media advertising means reaching out to wide masses by means of print media, visual and audio marketing through television, audio marketing through radio.
Mass media advertising involves heavy expenditure and thus before opting for it, the marketing communicators should weigh in or consider other marketing communication modes as well.
