Answer:
A
Explanation:
because Short-term planning takes care of regular expenses in the near future
In order to deal with the declining effectiveness of traditional advertising, marketers are finding unique ways to reach out to target customers. integrating their goods with popular television programs is one such way. this sort of advertising in which actors are shown using branded products is an example of product placement.
Answer:
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Explanation:
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Answer:
Zero
Explanation:
Supply is buyers ability & willingness to sell at given price, period of time.
Elasticity of Supply is change in supply by buyers, in response to price change.
Supply Elasticity is as undermentioned in following cases :-
- Zero (Perfectly Inelastic) - Quantity supplied doesn't change with price change.
- Inelastic - Quantity supplied change < price change.
- Elastic - Quantity supplied change > price change
- Infinite (Perfectly Elastic) - Quantity supplied responds infinitely high to price change, prices stay constant.
Given : Fishermen must sell all his daily catch before it spoils; means he will have to sell daily produce <u>irrespective</u> of any price change (rise / fall). So, the elasticity of supply is zero.
Answer:
Portugal has a comparative advantage in the production of shoes
Austria has a comparative advantage in the production of fishes
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
Portugal has a lower opportunity cost in the production of shoes when compared with Asutria. Portugal has a comparative advantage in production of shoes.
It means thay Asutria is better at producing fish and would therefore have a comparative advantage in the production of fish.
I hope my answer helps you
