Answer: Variable cost of production
Explanation:
Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging.
Variable cost is the cost that covers through the production phase and changes as production is being finalized. This cost changes price variables depending on how much the company produces. The rise and fall of production determines their final position in pricing. Packaging and the various material cost are examples of variable cost.
Answer:
Reduce supply. Customers generally reduce their purchases of luxury items when the economy falters.
Explanation:
During the recession, the number of unemployment will rise and the purchasing power that people have will be reduced.
When this happen, the supply of the diamond watches in the market will heavily outnumbered the number of consumers that afford to buy it. (this is applicable to all type of products, not only diamond watches)
Because of this, when expecting a recession in the future, companies tend to reduce the amount of supply to minimize their loss. They can resell it after market has been restabilized.
Answer:
TuneCore, Audiomack(for People to listen), Spotify, Google Play Music, and Apple Music...
Explanation:
B. Has a large amount of savings and wants to make an investment
Answer: Relationship selling
Explanation: In simple words, it refers to the strategy in which the seller focus on the communication and interaction between the buyer and seller rather than the product price and qualities.
It is done with the objective of gaining customer loyalty and making the customer base strong and rigid. It is implemented on existing markets and not on the potential customer base.
Hence from the above we can conclude that the correct answer is relationship selling.
