An example of a topic that microeconomists study is

a. Ford Motor Company's market share.

b. the change in the unemployment rate.

c. the change in inflation.

d. the change in real GDP.

Exercise 12-5 The following information is available for Pharoah Company for the year ended December 31, 2017.

A business model a. is a road map for the marketing activities of an organization for a specified future time period. b. consists of the strategies an organization develops to provide value to the customers it serves. c.

1. A recently graduated mechanical engineer wants to build a reserve fund as a safety net to pay his expenses in the unlikely event that he is without work for a short time.

Suppose over the last year that the price of recycled aluminum increased from $800 a ton to $900 a ton. over the same time a measure of the overall price level increased from 120 to 130. the price of recycled aluminum increased by

Why is sustainable competitive advantage a critical strategy-making consideration?

Taco Hut purchased equipment on May 1, 2018, for $15,000. Residual value at the end of an estimated 8-year service life is expected to be $4,000.

Seed Packets, Inc., a garden seed company, requires its customers to pay by check. Taylor, a Seed Packets driver, tells customers that they can pay her with cash. When Seed Packets learns of Taylor's collections, it does not act to stop them.

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for similar dishes at the other restaurants. What type of menu pricing tactic is he using

Personal selling: A. Is indirect written communication between buyers and sellers. B. Is indirect spoken communication between buyers and sellers. C. Is not usually combined with other aspects of promotion in the total marketing mix. D.

Elimination x-y=-8 and 3x + 7y = - 14