I believe the answer is b. N
Answer:
Explanation:
Firms maximise their profit by supplying at the point where marginal revenue equals marginal cost.
In a Perfect competition, the Demand curve is also the Average revenue as well as the Marginal Revenue curve. As such, the company will sell where the marginal cost curve intersects with the Demand curve which was at point E. The price will therefore be at point B.
When the firm comes under a monopoly, it will start to supply as a monopoly does. In the Monopoly, the Marginal revenue curve is less than the demand curve and so the point where the MC curve intersects with the MR curve is the quantity they will supply at. That point is D. The price will be where this quantity intersects the demand curve which is at point A
Answer:
C. Both of them is the correct answer.
Explanation:
A perceptual map is a diagrammatic way of visualizing a description of the perceptions of clients regarding particular attributes of a company, brand, goods, service, and product.
A perceptual map aim is to recognize the images that the customers have and feedback they have to services, goods, brands.
Business researchers utilize perceptual mapping to distinguish the products and the potential products based on the opinions of clients, and this data helps the company to develop a powerful competitive plan, communication plan, and brand design.
The term "customer relationship management"is the process of identifying prospective buyers while understanding them to build a long-term favorable perceptions of the firm
<h2>What is
customer relationship management?</h2>
CRM means a business process that helps in understanding the behavior of customers for purpose of serving them in best possible way.
In conclusion, the "customer relationship management"is the process of identifying prospective buyers while understanding them to build a long-term favorable perceptions of the firm.
Read more about CRM
<em>brainly.com/question/4310845</em>
Answer:
The correct option is negotiate agreements between nations to reduce trade barriers
Explanation:
The General Agreement on Tariffs and Trade is an agreement between some United Nations countries signed in Geneva on 30th day of October 1947.
The agreement reached aimed a world where countries transact with one another without hindrances such as tariffs and quotas
Tariffs are levies by the government on imported items aimed tat discouraging people from patronizing foreign products at the expense of locally-made items as well as to raise revenue for the government.
Quotas are limits placed on importation of items which are expected to be exceeded .
