5. How does product, as one part of the marketing mix, contribute to successful marketing?

Apply the appropriate label to each market situation. 1. Two countries agree to lower import tariffs on selected goods. (international trade) 2. A country loosens its restrictions on foreign-based land ownership.

Beth's business purchased only one asset during the current year (a full 12-month tax year). Beth placed in service machinery (7-year property) on December 1 with a basis of $50,000.

holds huge reserves of oil. Assume that at the end of 2017 , South Shore Petroleum 's cost of oil reserves totaled $ 252 comma 000 comma 000 , representing 180 comma 000 comma 000 barrels of oil.

20. A company is in its first month of operations. On January 1, the company borrows $10,000 from the bank. The bank charges annual interest of 12% on the borrowed amount. Interest is due at the end of the year.

Discuss team dynamics

A bottle of wine costs $8 and a quiche costs $5. At Robert’s present levels of consumption, he spends all his income and receives marginal utility of $10 from the last bottle of wine and marginal utility of $4 from the last quiche.

Julia brings home $2 comma 200 per month after taxes. Julia's rent is $806 per month, her utilities are $136 per month, and her car payment is $277 per month. Julia is currently paying $196 per month to her orthodontist for her braces.

You are considering the purchase of a hybrid Honda Civic. Assume that you drive 12,000 per year, and will keep the auto for 10 years, at which time the car will have zero trade-in value. Assume the cost of gas is $2.49/gallon.

Most states do not allow automobile repair shops to hold a customer's car when the customer refuses to pay for repairs already completed.

Maggie wants to name her artificial flower arrangement business using her name, "Maggie Lightner, Inc. Her friend sally thinks she should name it "Forever Flower Designs". Think about the advantages of a sole proprietorship.