A perfectly competitive market helps ensure that the products produced are the goods that consumers want demonstrates the concept of allocative efficiency.
<span>Allocative efficiency defines a state of the economy in which production represents consumer preferences and it is a characteristic of an efficient market.
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Answer: See explanation
Explanation:
A tariff is a tax that the government imposes on either the imports or the exports of products or sevices.
Apart from the fact that tariff is a way of generating revenue by the government, tariffs help protect the domestic industry. This is because tariffs increases the price of imported goods.
Since there is an increase in the price of the imports, consumers tend to buy from the local manufacturer since their products tend to be cheaper when compared to the imports. This gives an edge to the domestic companies.
The most important factor in the
work process or industry is to retain the interest of the employee. And to
retain them, their salary or profit must be adjusted to the best value. Unless
the employee does not do his job properly, employees must receive bonuses or
benefits to ensure them to stay in the company. It will actually make them stay
longer, make them feel important and reduce costs for hiring new employees.
Able sold to both the low and high-tech segments last year, and marketing predicts able will have the same market share next year. 1,841 units would you forecast for able.
Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of a business.
Advertising is one of the primary methods used by marketing and promotion specialists to capture the interest of important target markets. Targeted promotions may include celebrity endorsements, memorable slogans or taglines, eye-catching packaging or graphic designs, and general media exposure.
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Answer:
because of the product and the correct one is the one of the product is not working properly
