Marketing focuses on getting a customer to purchase goods or services. It may be defined as a process of planning and executing the development, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that will satisfy the objectives of everyone involved in the transaction. True o false?

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

Most economists report the elasticity of demand asa. the absolute value of the actual number. b. a negative number, since price and quantity demanded move in opposite directions. c. a percentage, since both the numerator and denominator are percentages. d. a dollar amount, since we are measuring the change in price.