(Figure: Capital and Labor V) Put These Four Panels in Order

question 86

Multiple Choice

(Figure: Capital and Labor V) Put these four panels in order from the easiest case of input substitutability to the hardest case of input substitutability.

• A) b, a, c, d
• B) a, c, d, b
• C) d, c, a, b
• D) a, d, c, b

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Definitions:

Package

A container or wrapping in which products are sold, transported, or stored, also considered as part of the product's branding and marketing.

Situation Analysis

Taking stock of where the firm or product has been recently, where it is now, and where it is headed in terms of the organization’s marketing plans and the external forces and trends affecting it.

External Forces

Factors outside of an organization that affect its performance, including economic, political, social, and technological influences.

Marketing Plans

Structured outlines that detail strategies, tactics, targeted activities, and allocations of resources for achieving the marketing goals of a business.