<em>The nature of the buying unit is not a way business markets and consumer markets differ</em>
<u>Answer:</u><u><em> </em></u><em>the nature of the buying unit</em>
<u>Explanation:</u>
Consumer market is basically a market that is Business to Consumer whereas a business market is mainly B2B market.
Most business marketers commit only a small part of their promotional budgets to advertising, and that is usually through direct mail efforts and trade journals It can be seen that it is due to the market structure and demand. the nature of the buying unit is not a way to differentiate.
Yo, the answer to your question is FALSE
Answer:
a. Have a comparative advantage in some products.
Explanation:
France, Bolivia, and Taiwan have a comparative advantage in some products.
Answer:
$17,549
Explanation:
Data given in the question
Number of years = 10
Invested amount = $1,000 per year
Rate of interest = 12%
So by considering the above information, the accumulated amount is
= Invested amount × future value of an annuity for 12% at 10 years
= $1,000 × 17.549
= $17,549
Refer to the Future value of an annuity table
In order to find out the accumulated amount we simply multiplied the invested amount with the factor
The first new product pricing strategies is called price-skimming. It is also referred to as market-skimming pricing. Price-skimming (or market-skimming) calls for setting a high price for a new product to skim maximum revenues layer by layer from those segments willing to pay the high price.
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