This is an example of specialization. To enhance productive
efficiency, individuals perform a limited scope of services. That allows
members of a group to focus on tasks under which they are most suited due to
their qualifications or traits. That way, individuals become experts in
particular activities.
"To this end, each of the achievement tests that comprise the ACT Aspire battery produces scores that describe students' longitudinal growth in English, reading, mathematics and science. Each scale score is linked to college and career data through scores on the ACT assessment."
(credit: https://www.discoveractaspire.org/assessments/score-scale/)
Answer:
Letter B is correct. Place Marketing.
Explanation:
In this scenario described in the question above, it can be said that the most appropriate marketing strategy used is place marketing.
In this marketing strategy, the main objective is to attract tourism, investors and companies to a specific region through the promotion of a specific place and its benefits and added value for the interested parties.
In the case of the Bompahiam state government, the main intention is to promote tourism in the region, so as a strategy they use the promotion of the qualities of the place such as its coral reefs, its efficient public transport system, the hospitality and easy communication of the places with tourists, etc., and promotes them through freelance writers to generate value for the place, conquer the strong image they want and consequently achieve the main objective, which is to attract tourists to the place.
Answer:
The correct answer is: oligopoly.
Explanation:
A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.
Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.
There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.
Answer:
B. increases; increases
Explanation:
<em>As the interest rate increases, the money invested today will bring higher interest in the future. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive $1,040 after one year, if the interest rate is 6% your money will become $1,060
<em>Future value should be higher the longer money is invested because the borrower should be able to do more activities that bring profit. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive 1,000x(1+0.04) = $1,040 dollars after one year and 1,000x = $1081 after 2 year