The need to choose one goods on a comparison of marginal benefits and marginal costs always involves an opportunity cost.
<h3>What is an
opportunity cost?</h3>
This refers to a value of what is rejected in order to perform the chosen alternative.
Hence, the need to choose one goods on a comparison of marginal benefits and marginal costs always involves an opportunity cost.
Therefore, the Option D is correct.
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This is an example of mass selling through publicity.
The show may not have been that much popular before Tom Bowman wanted it gone, however, after he asked for its removal from the air, people were interested to see why that is so, which is why it gained many new followers instead of losing its old ones.
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
By trying to get customers to spend more time in the store and purchase additional products, grocerants use marketing strategic opportunities.
A marketing strategy is a long-term plan to achieve a company's goals by understanding customer needs and creating a clear and sustainable competitive advantage. This includes everything from identifying customers to deciding which channels to use to reach those customers.
You are the product, the price, the place, the promotion. The 4 Ps are often referred to as the marketing mix.
Marketing strategies are the ability of a company to effectively differentiate itself from its competitors by leveraging its strengths (current and future potential) to consistently provide customers with superior value to its competitors. It's a way to convert
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