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Citrus2011 [14]
3 years ago
14

Examples of productivity in economics.

Business
1 answer:
DiKsa [7]3 years ago
3 0

Answer:

The value of output obtained with one unit of input is referred to as economic productivity. For example, if a worker produces two units at a cost of ten dollars each in an hour, his productivity is twenty dollars. :))))

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Bella is a discount furniture store. Most of the items in the store are overstock and hence tend to be more inexpensive than oth
marysya [2.9K]

Answer:

<u>Reference Pricing</u>

Explanation:

Reference pricing strategy refers to a pricing mechanism whereby the products are priced slightly lower than competitor's products.

When such a pricing strategy is followed, the store owners provide heavy discounts to the buyers to encourage sales.

In the given case, the store deals in discounted furniture. Bella displayed manufacturer's suggested retail price so as to let buyers know of the savings they shall make upon purchase.

Such pricing of goods at a heavy discount thereby showing savings, indicates reference pricing strategy being followed.

4 0
4 years ago
7 reasons why marketing must be studied.
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<h2>Answer:</h2>

<h3>1. A Better Understanding of the Target Market</h3>

<h3>2. Understand the Customer.</h3>

<h3>3. Salary Potential</h3><h3 /><h3>4. Experience the Global Marketplace Firsthand.</h3>

<h3>5. Enhance the Omnichannel Experience.</h3>

<h3>6. Go Behind the Perceptions.</h3>

<h3>7. Marketeers will always be in demand</h3>

<em>hope</em><em> </em><em>this</em><em> </em><em>help</em><em>!</em>

7 0
3 years ago
Describe the term marginal cost?​
AURORKA [14]

Answer:

In economics, the marginal cost of production is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity.

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3 years ago
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Jules quit his job at a software company. Explain if he can collect unemployment insurance.
kow [346]
No you cannot collect unemployment if you quit your job.
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4 years ago
___educators teach specialized and higher-level skills to adults.
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The answer is we educators....
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