<u>Answer:</u>
<em>B2B marketers promote their products directly to final consumers. Business demand increases.</em>
<u>Explanation:</u>
Marketing business-to-business (B2B) is different from marketing business-to-consumer (B2C). Although you still are selling a product to a person, experience shows that the difference between these two types of markets runs deep. B2B clients often need to prove a return-on-investment for their purchase.
Answer: a. Cheaper
b. Shift production from commodity-type goods to high-value products.;
Begin importing foreign-made parts
Explanation:
1. Japanese products became 22% <u>cheaper</u> than U.S. products.
The US Dollar became 22% stronger than the Japanese Yen meaning that the US Dollar can now buy 22% more Yen than before. If a good is priced in Yen then this means that the USD can buy 22% more of that good than before meaning that the good is 22% cheaper now.
2. Commodity goods are essentially raw or semi processed foods. Because the USD has become stronger, importing these goods instead of producing them would reduce the cost of production if they were to start processing said goods and making them High Value products so this is what they should do.
The USD is now stronger against major trading Partners. Like earlier mentioned, this means that the USD can buy 22% more goods as a result. Companies should therefore import parts that they need because they'll be able to buy 22% more of those parts thereby reducing their cost of Production.
Answer:
- absolute
- cost of raw materials
- exportation of goods
- impossible
Explanation:
To have an absolute advantage means to be able to produce more using the same resources. To have_absolute_______ advantage means to have a lower___production/resource cost____.Comparative advantage is the basis for_exportation of goods_____. It is__impossible______for one producer to have a comparative advantage for every good.
If a producer is producing more using the same resources, that means he has the benefit of obtaining the raw materials at a lower cost.
Comparative advantage is the basis for exportation of goods because producers or countries focus on exporting products that give them comparative advantage, so as to make foreign earnings.
It is impossible for one producer to have comparative advantage for every good.
Answer:
Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just sets up an automatic minimum payment on the 18th of each month. Convince Caitlyn that this is a bad idea.
Caitlyn is working on her own reasoning which is not economical enough, when you make credit card statement review important. it would streamline spending as well as enables one to know where and what every penny is used for
Explanation:
Answer:
c. decrease monthly output to 200 board feet.
Explanation:
If the firm wants to maximize profit it should decrease monthly output to 200 board feet demand by doing so , vital rate will ultimately increase the cost of the product and shift them to the profit. The correct answer is C.
