Lets Marketers Look at Cost and Demand at the Same

question 54

Multiple Choice

lets marketers look at cost and demand at the same time and identifies the output and the price that will generate the maximum profit.

• A)Competitive analysis
• B)Marginal analysis
• C)SWOT analysis
• D)Supply- demand analysis
• E)Break- even analysis

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Definitions:

Air Pollution

The presence of substances in the atmosphere that are harmful to the health of humans and other living beings, or cause damage to the climate or to materials.

Miles Driven

The total distance traveled by a vehicle, typically measured in miles.

External Benefit

An advantage or positive effect on a third party or society at large, resulting from an economic transaction or activity, not accounted for in the market price.

Supply And Demand

The economic model that determines the price levels of goods and services based on the relationship between the quantity available and the quantity demanded by consumers.