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Sloan [31]
3 years ago
8

Suggest the appropriate functional forms for the relationships between the following variables, and explain your reasoning, keep

ing in mind the economic theory behind the various relationships:
a. The number of books a person owns as a function of the person's income
b. The amount of money a person spends on books as a function of the person's income
c. The price of a car as a function of the year it was made
d. The price of a pound of chicken as a function of the price of a pound of beef
Business
1 answer:
Evgesh-ka [11]3 years ago
5 0

Answer:

B is you answer

Explanation:

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. List and describe two types of cues that people use when speaking to others. (2 points)
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1. Direct
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I think this is correct.
5 0
4 years ago
Product Life Cycle All products pass through a product life cycle of four stages: introduction, growth, maturity, and decline. T
Rudiy27

Answer:

The answer is

                               Introduction stage                     Maturity stage

Product                    Gatorade                                   Crest

Price                          Rusk                                          Airwalk

Promotion                Listerine                                    Sony

Place                         Merck                                        Domino's

Explanation:

                               Introduction stage                     Maturity stage

Product                    Gatorade                                   Crest

Price                          Rusk                                          Airwalk

Promotion                Listerine                                    Sony

Place                         Merck                                        Domino's

A marketing mix is a combination of factors that can be controlled by a company to influence its existing customers and potential customers to buy its products.

The above chart explains the marketing mix of the companies and its stages in product, price, promotion and place.

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3 years ago
When group investors become aware of overseas investment opportunities and are willing to diversify their portfolios internation
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Answer:

they benefit from an expanded opportunity set.

Explanation:

As most of the business organizations focused on grabbing the investment opportunities which leads to diversify their business in terms of expanding the business in various locations, maximize the market share etc

This can be done with the help of opportunity set i.e. to expanded through which the firm could get the benefit of it

Hence, this would be the answer

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Monetary policy theory says that when the economy is faced with inflation, the government should
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Decrease the supply of credit ... 

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