Q: How does logistics contribute to time and place utility?
A: Meaning of Time and Place Utility: Place utility refers to when the manufacturer provides the…
Q: What is difference between goods and services?
A: Both goods and services are very important for the economy. The consumers purchase many products to…
Q: What elements are included in the definition of a product?
A: To meet consumer wants, any good service or idea can be classified as a product. Hence any physical…
Q: i need g to h
A: Thank you for the question. As per Bartleby's answering guidelines, we answer 3 subparts per…
Q: Select one:
A: From the graph above it is seen that the supply curve is shifting to the right. There are many…
Q: hey i was doing my homework and i couldnt figure out the last question
A: Average total cost is the per unit cost incurred in producing a commodity.
Q: Can i get assistance with this one please?
A: A = Peak B = Recession C = Trough D = Expansion OPTION D Peak follows expansion. This is when…
Q: When can a business owner is earning a profit but not covering expenses?
A: In a perfectly competitive industry, it is possible for a firm to earn loss or positive profits in…
Q: What is the market price (market value) of the product?
A: Market price occurs at the point where the market demand and market supply curve intersect each…
Q: It's one question!!
A: Required reserves are the minimum amount of reserves that must be held by a commercial bank to meet…
Q: What is Supplies?
A: Supplier: A provider is an element that provisions products and enterprises to another association.…
Q: What are user's benefits?
A: A benefit is an advantage gained by an individual from an economic transaction. It is often…
Q: Can you please help me with this?
A: Manufacturing and service 1)Objectives Objectives of manufacturing are production of goods,To…
Q: What factors affect transaction costs?
A: In a market, transaction cost arises when there is a third party involved in a specific transaction,…
Q: What should be done to regain the lost customers?
A: The lost customers can be gained by following ways: 1. Decide if the producer wants them back. Not…
Q: what goes in blank
A: The unemployment rate = 100*(number of unemployed workers/labor force)
Q: Name two types of consumer market
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
Q: a. the impact of a change in consumer income on the purchase of luxury automobiles
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: What is CDS? Please explain it briefly in your own words.
A: A credit default swap is a financial derivative tool that is used to swap the risk of loan default.…
Q: Which is NOT the stage that customers go through in the process of adopting a new product?
A: The 5 stages are: product awareness, product interest, product evaluation, product trial, and…
Q: What are the impacts of throwaway lifestyle to the environment and to the poor?
A: The economics as a study is based upon the idea that the resources which are present with the…
Q: t is a reflection of the value place on a product or service.
A: Definitions of all the options are given below: 1. Utility - Utility is the satisfaction received or…
Q: What is consumer srplus
A: Consumer surplus is the difference between a consumer's willingness price and the price he/she…
Q: What are the two things consumers can do with income?
A: Income is the financial gain earned during a particular period of time.
Q: what is household ?
A: ‘Household’ is an important factor of an economy. It is regarded as a unit. The consumption(C) of…
Q: What are the benefits to make rational decision
A: Economics is the study of social science which decides with the allocation and the distribution of…
Q: which technology change affect consumer taste
A: The Law of Demand states that as price rises, demand declines keeping tastes and preferences…
Q: What Is Purchase Order?
A: A legal binding document between a buyer and a seller is called a purchase order. The items that the…
Q: difference between goods and services?
A: Economics refer to the study of allocation of scarce resources in the most optimal way, when the…
Q: What is the value of the exercise price? $
A: An option refers to a contractual agreement that gives the buyer the right but not the obligation to…
Q: What is Ceteris Paribus?
A: The subject economics is based on the market mechanism being the central element depends on the two…
Q: What are transaction costs?
A: The cost incurred on the buying or selling of a good or service is referred to as transaction cost.
Q: How should salespeople and their tasks be structured?
A: Sales people are the one who directly deals with the customers and persuade them to buy the goods…
Q: What are the Factors Affecting Consumer Decision Making?
A: A consumer is an individual or household who seeks to maximize his/her utility given his/her income…
Q: Roberta Y Clothing C. Anta X Food
A: In the commodity as well as factor market, the Edgeworth box is used to find out the contract curve.
Q: attachments.
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Step by step
Solved in 2 steps
