The best explanation of how the principle of demand and supply has affected the price of the record player is:
- Because there are several vending booths in the same area selling the same item, there would be a reduction in price to attract more customers.
<h3>What is Demand?</h3>
This refers to the quantity of goods which are requested by consumers at a particular time period which has an effect in the price of the good.
With this in mind, the principle of demand and supply was in effect as in the flea market, there was a reduction in price of an old record player because there was a lot of the goods in a location.
Read more about demand and supply here:
brainly.com/question/4804206
Answer and Explanation:
The complementary goods are those goods which are used together while on the other hand the substitute goods are those goods that are used in place of one another
Based on this, the classification is as follows
1. Complementary goods
2. Substitute goods
3. Substitute goods
The above represents the classifications
Answer:
Prospecting.
Explanation:
This is known to be the first step that is been taken in a bid to get potential customers in a marketing process. Its made by of these marketers is firstly to qualify a recipient as a prospect and is other cases, someone who may have a need for your business products or services, or not. Its goal of is to develop a database of likely customers and then systematically communicate with them in the hopes of converting them from potential customer to current customer.
Answer: Explicit Costs
I hope it helps
1. The ADA is an American political organization advocating progressive policies. An“independent liberal lobbying organization.” The ACU is a “grassroots conservative lobbying <span>organization.”
</span>3. ADA stands up for social and economic justice. They achieve success in doing so through <span>lobbying, grassroots organizing, research and supporting progressive candidates.
Numbers 1 and 2 are the questions I can only manage to answer, you can do a bit of research for the rest of the items.
I hope my answer has come to your help. Have a nice day ahead and may God bless you always!
</span>