and market relations plays an important role to promote product or service on the market. Accepted principles of our county to develop private property‚ improvement of market relations‚ raise the quality of the products and expansion output of product‚ set specific targets for marketing‚ solution that helps planning marketing and advertising promotion. Sales promotion on the market is one of the most important areas of marketing activity. Promotion of products - is a natural tool of economy and
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A Economics 315 Department of Economics Second Exam Dr. Morteza Rahmatian Spring 2014 Name __________________________________ Student ID _________________________________ Part I: Multiple Choice Questions. Please choose the best possible answer. (2.5 Points each) 1. The industry elasticity of demand for gadgets is -2‚ while the elasticity of demand for an individual gadget manufacturer’s product is -2. Based on the Rothschild approach to measuring market power‚
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Economies of scale are the factors that lead to a reduction in average costs as a business increases in size. There are five economies of scale Purchasing Economies When businesses buy large numbers of components‚ for example materials or spare parts‚ they are able to gain discounts for buying in bulk. This reduces the unit cost of each item bought and gives the firm an advantage over smaller businesses which buy in small quantities. Marketing Economies
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The Economy is in Trouble! The economy has become a major hurdle that the United States has been trying to get control over for many years since the recession. It seems to be the most talked about topic on the news and in communities everywhere because it is affecting so many people in a negative way and people are not sure what is going to happen or when we are going to see change for the better. In my option‚ the economy is going to get a lot worse before we start seeing any kind of positive
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“A Bad Economy: Hitler’s Key to Gaining Power” Michael Turner HST 1370 LE01 (History of the 20th Century) October 12‚ 2010 Michael Turner HST 1370 LE01 October 12‚ 2010 “A Bad Economy: Hitler’s Key to Gaining Power” Between the period of 1918-1933‚ Germany had suffered a major hit to their economic system due to the funding of World War I‚ The Treaty of Versailles‚ German Hyperinflation‚ and The Great Depression. From my research that I have done‚ I have concluded that all of these factors
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The economy Palace economy The Minoan economy and civilization heavily depended on the cultivation of wheat‚ olives‚ grapes and barley Several industries within the Minoan society had been supported by the Minoan economy such as‚ textiles‚ pottery and metal work industries Minoan palaces became the centre of economic activity and life where manufacturing industries were based in palaces Produce had been collected‚ recorded and stored in palaces – evident through a large amount of pithoi vessels
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| |February 2‚ 2013 | BUSINESS IN THE ECONOMY To understand how a business affects the economy we must first understand the meaning of what a business is by definition. A business is “an organization or enterprising entity engaged in commercial‚ industrial or professional activities”. (Investopedia‚ 2013) A business
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The southern economy flourished on the backbones of the men and women that were enslaved in the 18th and 19th centuries. With the threat of the removal of the core method of profit for hundreds of plantation owners‚ an anger rose that would lead to an illogical reaction of withdrawing their entire region from the country that had built them. In essence the South felt a strong need to protect what they believed they possessed: the use of humans as components in the profit machine. This fierce protectiveness
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On what will the economy of the United Arab Emirates be based after the termination of oil resources? Among the independent states in the region of Persian Gulf‚ there are many countries which have achieved essential economics success‚ using the resource factor in their development. The Federation of the United Arab Emirates is considerably the best one. Owing to the richest oil deposits and the competent policy of using the given natural resources‚ it took them only 30 years to become one of
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and Ontario‚ represent a huge factor in the economy of the United States by being one of the major cities where trade takes place. General Motors‚ Ford and Chrysler also known as Americas ‘Big Three’ automobile companies are located in this city. The concept of External Scale Economies can help us explain why these three major companies are located in this area. Scales economies are important for a country because they represent a growth in its economy. Companies are able to produce more products
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