Answer:
The correct term that fills the blank in the paragraph is:
- When a firm introduces a new product at a relatively low price because it hopes to reach the mass market, it is following an <u>penetration pricing</u> strategy. The low price is designed to capture a large share of a substantial market and produce lower production costs.
Explanation:
<em>The penetration pricing</em> is the form how a company introduce a new product with a low cost, the will win market and produce those products to a lower production costs, <u>it occurs due the purchase of raw material for that product results be cheapest when this is made wholesale</u>, and it is the reason because the small companies or familiar companies can't advance through the time, because their production costs are so much high than other bigger companies and, how result, their utilities are smaller.
Answer:
The theory of laissez-faire was developed by the French Physiocrats during the 18th century. Later free market economists built on the ideas of laissez-faire as a path to economic prosperity, though detractors have criticized it for promoting inequality.
Explanation:
Answer:
Each House member now represents about 710,000 people
Fundamental attribution error defines a tendency to underestimate the effects of external or situational causes of behavior and to overestimate the effects of internal or personal causes.
Fundamental attribution error (FAE), also referred to as correspondence bias or attribution effect in social psychology, is the propensity for people to overemphasise dispositional and personality-based explanations for an individual's observed behaviour while underplaying situational and environmental explanations. The term "tendency to believe that what people do reflects who they are" has been used to characterise this effect, which is the tendency to overattribute people's actions (what they do or say) to their personalities and underattribute them to the circumstance or context. The mistake is in assuming that someone's actions are exclusively indicative of their personality rather than that they are partly indicative of it and primarily by external factors.
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The context of the speech can be placed on what is promoted on the Charter of the Organization of American States (OAS), founded back in 1910 under the name of Pan American Society of the United States as a regional agency dedicated to promote peace, collaboration and solidarity among the countries of North, Central and South America. Dean Acheson was known at some point as the architect of foreign policy during the Truman administration. The speech of Dean Acheson back in 1949, made reference to those cases when a government is overthrown and a military one takes place instead. This used to be a common situation in Central and South America until 1990s. It is important to retrieve some principles that can be found on the charter followed by the organization, “the Organization of American States has no powers other than those expressly conferred upon it by this Charter”, so at some point specially during the 1950s and 1960s, United States must find ways to negotiate and relate with this military governments which arose all over the region.
It is also important to considered some of the principles present on the charter that allows us to understand the posture presented by Dean Acheson in his speech, one of them is “to promote and consolidate representative democracy, with due respect for the principle of nonintervention”, another is how “international order consists essentially of respect for the personality, sovereignty, and independence of States, and the faithful fulfillment of obligations derived from treaties and other sources of international law”, so, according to these principles it can be said that the statement which best summarizes his quote is: The United States might recognize military rulers, but it does not necessarily support them.
