Answer: (B) Manufacturer agent
Explanation:
A manufacturer agent is refers to the independent sales agent in an organization.
The responsibility of a manufacturer agent is that it is an intermediary an organization as it helps in the product distribution process.
It mainly control all the promotional and the proving decision of the products in an organization and also represent organization as the seller. According to the given question, the company should hire the manufacturer agent.
Therefore, Option (B) is correct.
Answer:
The statement is: True.
Explanation:
A competitive advantage is an advantage an individual, organization or country has over its competitors. That competitive advantage can be a comparative advantage when the entity has found a way to implement lower opportunity costs in its production process or a differential advantage if the firm provides a product or service with a unique feature difficult to replicate by competitors.
Answer: The Ricardian equivalence theorem states that
: <u>"A. an increase in the government budget deficit has no effect on aggregate demand."</u>
Explanation: Ricardian Equivalence establishes that when the government increases the expenses financed with debt to try to stimulate the demand, this increase of the expenses does not produce any change in the demand.
This happens because the increases in the public deficit will be higher taxes in the future. Therefore, taxpayers reduce their consumption and increase their savings in order to offset the cost that will be the future tax increase.
Consumers are most likely to find the best prices in an oligopoly
