Answer:
D). Resale, Direct Use in Producing Other Products and Use in General Daily Operations
Explanation:
Business Groups represent a group of people who purchase goods and services for resell, new products and daily operations purposes.
Resale Purpose- This include wholesalers and retailers, they purchase these goods and services do not modify them but sell them in order to make profits. These are called Reseller markets
Use in Producing other Products- This include category of Producer markets. They include manufacturing and construction compaines, they buy goods and services for use in producing sellable products to consumers for profit making.
Direct use in General Daily Operations- Those who purchase goods and services for direct use are divided into two categories and they are not for profit making purposes.
- Government Markets- They buy goods and services through bidding processes and they include state, local and federal governments
- Institutional Markets- They include religious organisations among other NGOs who purchase goods an services to ensure community benefits.
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Answer:
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The price of imported goods
Bonus is the closing technique used by jim.
<h3>Bonus Close: What is it?</h3>
They may accept the arrangement if they feel they have received something for nothing out of concern that you would take it away from them once more. You might also engender a sense of reciprocity by giving them something. The Delighter Close and the Extra Close are other names for the Bonus Close.
<h3>What is Closing Bonus Payments?</h3>
The total incentive or compensation payments that the company will make at the closing based on the Base Purchase Price, as specified on Schedule CBP, are referred to as Closing Bonus Payments.
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Answer: and industry output will be less than the initial price and output
Explanation:
From the question, we are informed that a purely competitive, increasing-cost industry is in long-run equilibrium and it was assumed that there is a reduction in consumer demand.
After all resulting adjustments have been completed, the new equilibrium price and industry output will be less than the initial price and output.
Due to the reduction in demand, the new equilibrium price will be less as the firm will want to increase the demand likewise there'll be a reduction in the output from the former output.