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deff fn [24]
3 years ago
12

Economists normally assume that the goal of a firm is to

Business
2 answers:
natta225 [31]3 years ago
5 0

Answer:

b. (i) and (ii) are true

Explanation:

(i) make profit as large as possible even if it means reducing output

(ii) make profit as large as possible even if it means incurring a higher total cost

Katen [24]3 years ago
3 0

Answer:

(i) and (ii) are true (option B)

Explanation:

Firms always strive to make profits because they would be out of business if they don't make profits. Thus, they adopt many strategies in trying to make profits even if it means deliberately making a reduction in the quantity of goods or services produced in a given time period.  

For example, a packet of biscuits that used to contain 300 pieces at a selling price of $1 can be reduced to 250 pieces (by the firm specializing in its production) and sold at the same $1 in order to keep making profit.  

In addition, firms would love to make as much profit as they can even if it means running their businesses at a high cost because the profits realized would make up for cost expenses.

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From the instantaneous response that Natalie experienced, the answer should be C) Sensation.
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4 years ago
Ruby enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like
Leokris [45]

Answer:

training and development specialist

Explanation:

From the question we are informed about Ruby who enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like to use in her future career. In this case the career that would be the best fit for her based on her skills is training and development specialist.

Training and development specialists can be regarded as a profession that provide help in administering, creating and delivering of training programs for organization as well as Businesses. They do this through group discussions and lecturing and also team exercise.

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3 years ago
The Gap, Inc. has targeted teenagers and young adults in need of casual clothes, and through its GapKids stores, the parents or
Nataliya [291]

Answer:

The correct option is A, market segmentation

Explanation:

Market segmentation is the process of dividing customer base into distinct groups based on age,income,level of education,personality,perception and so on.

The purpose of segmenting the markets  is for the organization to satisfy the needs of these different groups based on their unique characteristics and to able to sell to them goods that  best match their status.

The scenario here is that Gap Inc,has successfully been able to discover the right set of people that its casuals best match.

7 0
4 years ago
Which recommendation would be most suitable for a 40-year old client whose main objective is retirement income and preservation
melisa1 [442]

Answer:

Fixed deferred annuity

Explanation:

Fixed deferred annuity is a form of saving investment where interest is paid on the invested amount at a rate set by the investment company and defined in the contract , and the interest can be deferred into the future till a withdrawal is made from the annuity contract.

Taxes are not paid but deferred until withdrawal which allows the opportunity to  control when to pay taxes , a good investment sense for long term investment.

This makes it a good investment for a risk adverse investor who will not require investment income until later years but its main goal is retirement income and preservation of capital.

5 0
3 years ago
An excerpt of an introduction of a cover letter about a Marketing position.
kolezko [41]

Answer:

answer is b

Explanation:

its b

8 0
3 years ago
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