What happens to effective protection when the value added by the domestic producer declines?
What will be an ideal response?
The degree of effective protection increases. This is because as value added is less important, it can experience a relatively larger percentage increase per unit of output.
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Which of the following is true of advertising for the Heineken and Foster's brands in the United States?
A) Both Heineken and Foster's utilize the GCCP strategy. B) Both Heineken and Foster's utilize the FCCP strategy. C) Heineken utilizes the GCCP strategy; Foster's utilizes the FCCP strategy. D) Heineken utilizes the FCCP strategy; Foster's utilizes the GCCP strategy. E) Heineken utilizes the LCCP strategy; Foster's utilizes the GCCP strategy.
One of the uses of marketing research is to identify market opportunities; however, the identification of problems is not a use of marketing research, but rather a use of the firm's internal auditing system
Indicate whether the statement is true or false
Garrett ordered 100 pieces of 2 × 6 lumber from his supplier and paid upon delivery. Later, when he unpacked the lumber, he discovered that the supplier had delivered 2 × 4 lumber. After being notified, the supplier picked up the lumber, apologized, and gave Garrett his money back. The response the supplier made to rectify the breach is:
A) an injunction. B) mitigation. C) liquidation of damages. D) None of these
Please explain the three types of solicitation that are generally allowed.
What will be an ideal response?