Answer:
The given option "Marketing" is the right choice.
Explanation:
- Marketing seems to be focused on thought about either the market regarding consumer expectations as well as satisfaction with them.
- It is different from selling, although selling is concerned with either the methods or strategies of convincing investors to exchange some currency for a certain commodity.
Some other options in question are not connected to something like the given scenario. And the above will be a good alternative.
Answer:
1. Damaged or obsolete goods are not counted in inventory if they cannot be sold.
2. If these can be sold… Cost should be reduced to Net Realizable Value
Explanation:
The law relating to the valuation of inventory is that ''inventory should be valued at lower of 'Cost' and 'Net Realizable Value'.
Therefore in the case of damaged or obsolete goods, they have to be eliminated from inventory, otherwise it will lead to overvaluation.
However in the case where these can be sold, They have to be valued at lower of 'cost' or 'salable value', implying that 'Cost' should be reduced to 'Net Realizable Value'
It is called "stare decisis." It is Latin for <span>"to stand by decided cases."</span>
Answer:
answer is given below
Explanation:
The monopoly looks at the demand curve of the entire market. A monopoly can reduce production and increase prices or increase production and lower prices for maximum efficiency.
Since the single ferry operator operates in a fully competitive market, this is cost-taking, meaning that the price they receive is set from the demand and supply of the ferry service in the market. Monopoly yachts are price settlers so they set their own prices.
Under optimal market conditions, the average total cost of maintaining a ferry its ferry is the lowest. But the monopoly boat does not operate at the optimum level and has additional potential in the market.
as the competitive ferry service provider is allocated and economically efficient. There can be no monopoly.
Fully competitive markets tend to get caught up in the market-determined equilibrium price and look at the flat demand curve at the equilibrium price.
3. Both of you, because you both like the jeans