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You Are Running a Retail Apparel Store

question 2

Multiple Choice

You are running a retail apparel store.Which of the following technologies could help you locate customers so that you could send personalized messages and offers when they are geographically close to your store?

Recognize the application areas and loading conditions suited for pin fasteners.
Understand the advantages of taper pins over straight pins in mechanical assemblies.
Know the mechanisms used by semi-permanent pin fasteners for locking.
Recognize the various examples of pin fasteners and their applications.

Definitions:

Public Goods

goods that are non-excludable and non-rivalrous, meaning they can be used by everyone simultaneously without diminishing their availability to others.

Market Mechanism

The process by which supply and demand interactions determine prices and quantities of goods and services in an economy.

Voluntary Contributions

Monetary or non-monetary donations made by individuals or organizations to a cause or project without the expectation of direct financial return.

Market-Oriented Economy

A market-oriented economy is one where economic decisions and the pricing of goods and services are guided by the interactions of individuals and businesses in the marketplace.

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