Answer:
umm i rrly dont know just need points thxs
Explanation:
Answer: Option C
Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.
In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.
Thus, from the above we can conclude that the correct option is C.
Answer:
C. Entrepreneurs operate businesses that produce goods and services
Explanation:
An entrepreneur is one of the factors of production. An entrepreneur is a person who starts a business, manages and regulates a business.
Answer:
$86.67 is the profit maximizing price for the monopolist
Explanation:
In order to find the profit maximizing price for the monopolist using its price elasticity and marginal cost we have to use the formula
Price= Marginal cost* (elasticity/elasticity+1)
Marginal cost = $65.0065
Elasticity = -4
Price = 65.0065 *(-4/-4+1) = 65.0065*(-4/-3)= 86.67
Answer:
how to create value for customers ???
Explanation:
The American Marketing Association, the official organization for academic and professional marketers, defines marketing as:
"Marketing is the process of planning and executing the conception,
pricing, promotion and distribution of ideas, goods and services to create
exchanges that satisfy individual and organizational objectives
"
Marking is all about Understanding What Customers Value and how to provide it to them.
