Suppose a tax is levied on the books. If buyers pay most of the tax, demand is known to be more inelastic than supply. Option A is correct.
What is inelastic demand?Corresponds to the situation where demand is not influenced by price, that is, consumers are less sensitive to changes in the price of a good and demand does not change if prices rise.
Therefore, in a situation of inelastic demand, the imposition of taxes will generally fall more significantly on the consumer than on the seller.
Find more about inelastic demand at:
https://brainly.com/question/20943898
#SPJ1
where is case study coffee roasters?
Case Study Coffee Roasters is a specialty coffee roasting company based in Portland, Oregon, USA. They have several locations throughout Portland where they roast and serve their coffee.
Other Locations:
Sandy Blvd: 5347 NE Sandy Blvd, Portland, OR 97213
Alberta: 1422 NE Alberta St, Portland, OR 97211
Downtown: 802 SW 10th Ave, Portland, OR 97205
NE 42nd: 4606 NE 42nd Ave, Portland, OR 97218
In addition to their coffee roasting business, Case Study Coffee Roasters also operates several coffee shops in Portland where customers can enjoy their coffee, as well as pastries and other light fare. The company's coffee shops are designed to be welcoming and community-oriented spaces, with a focus on sustainability and environmental responsibility.
For more such questions on coffee roasters
https://brainly.com/question/17100574
#SPJ4
How do you evaluate employee experience?
Employee experience can be evaluated using a range of qualitative and quantitative measures. Some of the common methods of evaluating employee experience include surveys, focus groups, interviews, and observation.
Surveys are often used to collect quantitative data on employee experience, such as satisfaction levels, engagement, and workplace culture. Focus groups and interviews can be used to gather more qualitative data, such as employee perceptions of management, workplace dynamics, and overall job satisfaction.
To evaluate employee experience effectively, it is important to consider both objective and subjective measures. Objective measures include metrics such as turnover rates, absenteeism, and productivity levels, while subjective measures include employee feedback, perceptions, and emotions.
Ultimately, the key to evaluating employee experience is to gather data from multiple sources and analyze it comprehensively to identify trends and areas for improvement. By doing so, organizations can gain insights into how to create a more positive and productive workplace environment for their employees.
Learn more about Surveys here:
https://brainly.com/question/13532910
#SPJ4
True/ false? the incremental variable cost for a firm to produce on additional unity of the good.
The additional expense a company faces to produce one more unit of an item is referred to as the incremental variable cost (also known as the marginal cost). This price includes the extra cost of the labour, materials,
A tiny, steady, or incremental change or rise in a quantity or value is referred to as incremental. While referring to a change in one variable when another changes slightly, the term "incremental" in economics is frequently used in the context of marginal analysis. For instance, the extra expense spent by the company when it produces one more unit of an item is known as the incremental cost of creating an additional unit. The marginal cost is another name for this. Incremental analysis is crucial for decision-making since it aids in assessing how little adjustments will affect the final result, enabling businesses to make wise choices and
Learn more about incremental here:
https://brainly.com/question/13945982
#SPJ4
income-related items are excluded from gross income unless specifically included by a provision in the tax code. (true/false)
The given statement "income-related items are excluded from gross income unless particularly included by a provision in the tax code" is true because income-related items are generally excluded from gross income, unless there is a provision in the tax code that specifically includes them.
For example, some items that are excluded from gross income include gifts, inheritances, life insurance proceeds, and some types of welfare benefits. However, the tax code does include provisions that require certain types of income to be included in gross income, such as wages, salaries, and business profits.
You can learn more about gross income at
https://brainly.com/question/13793671
#SPJ4
Which of the variables in your NPV calculator is a running total? O the variable for the net present value O the loop counter variable O the variable for the cash flow at timet O the variable for the cost of capital
Option 1 is Correct. The variable for the net present value is a running sum in your NPV calculator. That follows naturally from net present value theory.
The net present value rule states that business executives and investors should only fund initiatives or conduct deals that have a net present value that is in their favor (NPV). A negative net present value project should not be one in which they invest.
Main Points. A firm, project, or investment's future stream of payments is valued today using a method known as net present value (NPV). The time and quantity of future cash flows must be predicted, and you must choose a discount rate equal to the minimum allowable rate of return in order to compute net present value (NPV).
Learn more about NPV calculator Visit: brainly.com/question/7254007
#SPJ4
Correct Question:
Which of the variables in your NPV calculator is a running total?
1. the variable for the net present value.
2. the loop counter variable.
3. the variable for the cash flow at time t.
4. the variable for the cost of capital.
Classify each scenario according to whether the change in quantity is caused by a shift in the supply curve or movement along the supply curve.
- Shift of the supply curve
- Movement along the supply curve
The shift of the supply curve and movement along the supply curve are two distinct concepts in the study of microeconomics that refer to different causes of changes in the quantity supplied of a good or service.
The shift of the supply curve occurs when the entire supply curve shifts to the right or left, resulting in a new equilibrium price and quantity. This is caused by a change in one or more of the determinants of supply, such as a change in the cost of production, technology, or government policy.
For example, if the cost of production of a good decreases, the supply curve will shift to the right, resulting in an increase in the quantity supplied at every price level.
Movement along the supply curve occurs when there is a change in the price of the good or service, resulting in a movement along the existing supply curve.
To learn more about supply curve
https://brainly.com/question/1915798
#SPJ4
An article in forbes noted that the intercounty connector toll road that connects two counties in maryland was not generating as much toll revenue as predicted. At that time, the toll rate was $8 for a passenger car making a round trip from end to end on the tollway during rush hour.
To decide whether the toll should be raised or lowered, you would need to have more information. the supply's price elasticity.
What does price elasticity of supply mean, for instance?As an illustration, suppose a commodity's price rises by 20% while its supply rises by 40%. Due to the fact that the percentage change in the quantity of the commodity supplied is twice as great as the percentage change in its price, the supply of the good in this instance is particularly elastic.
A positive price elasticity of supply is it a given?A good or service's price elasticity of supply is calculated by dividing the percentage change in quantity supplied by the percentage change in price. Since the supply curve is used to measure this elasticity, the law of supply applies, and price elasticities of supply are therefore always positive quantities.
To Know more about price elasticity.
https://brainly.com/question/13565779
#SPJ4
The world flow of foreign direct investment between 1990 and 2017 increased 600 percent. If a company decides to establish a new operation in a foreign country, that company has engaged in A. greenfield investment B. in acquisition C. a franchise artangement D. a mergerE. a censing arrangement
Option (a), Between 1990 and 2017, the global flow of foreign direct investment surged by 600%. A corporation has made a greenfield investment if it decides to launch a new operation in another nation.
Do you believe that foreign direct investment (FDI) from greenfield projects will hurt the economy and diminish market competition?When FDI is conducted through greenfield investment, market competition will increase and economic welfare would decrease. The danger of an MNE joining a market and monopolizing it seems to be of more concern in countries where there aren't many major locally owned firms.
What impact does a rise in foreign direct investment have on the economy?If foreign investors seize control of the market and drive out domestic producers, they might have a negative effect on domestic companies. The payment balance of the host country could be harmed by a major outflow of investor profits or by large imports of inputs.
Learn more about greenfield investment: https://brainly.com/question/19090253
#SPJ4
What did the Fuel Administration do?
The Fuel Administration was an agency created by the United States government during World War I to manage the nation's fuel resources and ensure that they were used efficiently to support the war effort.
The Fuel Administration was responsible for setting prices, regulating production, and overseeing the distribution of fuel, including coal, oil, and natural gas.
One of the key initiatives of the Fuel Administration was the implementation of "gasless Sundays," which encouraged Americans to conserve fuel by not driving their cars on Sundays.
The Fuel Administration also worked closely with other government agencies, such as the War Industries Board, to coordinate the use of fuel resources and ensure that they were being used effectively to support the war effort.
The Fuel Administration played a crucial role in managing the nation's fuel resources during World War I and ensuring that they were used efficiently to support the war effort.
To know more about Fuel Administration here:
https://brainly.com/question/29910726#
#SPJ11
What is the FIRE movement?
Answer:
The FIRE movement is a lifestyle movement with the goal of gaining financial independence and retiring early.
Customer value depends on the product’s cost versus the perceived ________ the buyer received
Customer value depends on the product's cost versus the perceived benefits the buyer received.
Value is the satisfaction that a consumer derives from a product or service and is the difference between the perceived benefits and the perceived costs of the item.In other words, customer value is the difference between the total value that a customer perceives from a product and the total cost of the product. If the perceived benefits are greater than the cost, the customer will perceive the product as having high value.
On the other hand, if the cost is greater than the perceived benefits, the customer will perceive the product as having low value. Therefore, companies must strive to deliver products that offer greater perceived benefits than their cost in order to create value for their customers.
Learn more about product at: https://brainly.com/question/25528419
#SPJ11
to maintain beer quality, it is important to maintain consistent calcium and ph levels in the water, wort and beer.
TRUE: Consistent calcium as well as ph levels there in water, wort, and beer are necessary to preserve beer quality.
Explain the role of calcium and ph levels for beer quality?Poor enzymatic transformation of the mash and strong off tastes might result from high pH.
Beer with a pH between 4.1 and 4.6 inhibits some spoilage organisms, but beer with a pH below 4.1 might be caused by an infection with bacteria that produce acid, which would produce sour beer.While most brewers will maintain their pH in the 5.2–5.6 range since it has been shown to produce clearer beer with greater flavour that still doesn't disintegrate as quickly over time, even though the consensus regarding optimal hovers around the 5.5–5.8 range. "A lot of homebrewers now strive towards 5.2-5.3.In the brewing process, calcium performs a variety of functions, such as reducing pH during mashing, assisting in the precipitation of enzymes during the boil, improving beer stability, and serving as a crucial yeast nutrition.Thus, consistent calcium as well as ph levels there in water, wort, and beer are necessary to preserve beer quality is a correct statement.
To know more about the ph levels, here
https://brainly.com/question/4137247
#SPJ4
The complete question is-
To maintain beer quality, it is important to maintain consistent calcium and ph levels in the water, wort and beer. (T/F)
Producer/consumer threads can suffer from synchronization problems.
Yes, producer/consumer threads can suffer from synchronization problems. The producer/consumer problem is a classic example of synchronization problems in concurrent programming.
To solve the synchronization problems, we can use synchronization primitives such as semaphores and locks. A semaphore is a synchronization primitive that is used to control access to a shared resource by multiple threads.
A lock is a synchronization primitive that is used to ensure that only one thread can access a shared resource at a time. By using these synchronization primitives, we can ensure that the producer thread and the consumer thread can access the buffer in a synchronized manner, thereby avoiding synchronization problems.
For more about Producer/consumer:
https://brainly.com/question/8958827
#SPJ11
What is meaning of GDP per capita?
A measure of a nation's economic production that takes into consideration its population is called GDP per capita.
The term GDP stands for Gross Domestic Product. GDP per capita is computed by dividing the nation's total GDP by population. Instead of relying solely on the nation's GDP, determining per capita is a more accurate way to gauge a nation's wealth. Even though it ignores economic inequality, it provides a rough notion of the populace's average living circumstances.
It gives an overall impression of the average income or degree of economic well-being for every citizen of a nation. It is a widely employed indicator of a nation's quality of life and is regularly used to determine how each nation's economy is performing. A higher GDP per capita typically indicates a higher standard of living and economic prosperity.
Read more about GDP per capita on:
https://brainly.com/question/30698159
#SPJ4
What is the difference between inferior and normal goods?
Normal products are those whose demand rises as consumer income rises. Inferior goods are those whose demand decreases as consumer income rises.
Normal goods are goods that are demanded in rising quantities as consumer income rises and in decreasing quantities as consumer income falls, but the price remains constant.
The rate of increase in demand, however, will be slower than the rate of increase in income. This category includes items such as furniture, clothing, and automobiles.
The quantity requested of ordinary products rises with the rise in consumer real income, but at various rates and at different levels of income, i.e. the demand for goods rises quicker with an increase in income, but slows with a subsequent increase in income.
In economics, inferior goods do not refer to poorer commodities, but rather to the affordability of the items. These are the commodities whose demand decreases when consumer income rises and vice versa. There are higher-quality alternatives.
To illustrate this concept, consider bidi and cigarettes, both of which are consumed by customers. Assume that the demand curves for both goods are downward sloping; however, as the consumer's income rises, they will begin purchasing cigarettes instead of bidi.
To know more about normal goods:
https://brainly.com/question/24100151
#SPJ4
what does swot stand for
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
It is a framework that is used for analyzing and evaluating the internal and external factors that can impact the success of a business or organization. The SWOT analysis is typically used in strategic planning and decision making processes.
Strengths are the positive attributes or resources that a business or organization has, such as a strong brand, loyal customer base, or skilled workforce.
Weaknesses are the negative attributes or resources that a business or organization may lack, such as limited financial resources, outdated technology, or a lack of expertise in a particular area.
Opportunities are the potential areas for growth or improvement, such as new markets or untapped customer segments.
Threats are the external factors that could potentially harm the business or organization, such as competition, regulatory changes, or economic downturns.
To know more about SWOT analysis here:
https://brainly.com/question/29766396#
#SPJ11
How to Convert Wrapped SOL to SOL on Solana ?
To convert Wrapped SOL to SOL on Solana, you will need to use a decentralized exchange (DEX) such as Serum. Here is a step-by-step guide on how to do it:
1. Go to the Serum DEX website: https://dex.projectserum.com/#
2. Connect your Solana wallet to the DEX by clicking on the "Connect Wallet" button on the top right corner of the page.
3. Once your wallet is connected, click on the "Swap" tab on the top of the page.
4. In the "From" field, select "Wrapped SOL" from the dropdown menu.
5. In the "To" field, select "SOL" from the dropdown menu.
6. Enter the amount of Wrapped SOL you want to convert to SOL in the "Amount" field.
7. Click on the "Swap" button to initiate the conversion.
8. Confirm the transaction on your Solana wallet.
9. Once the transaction is confirmed, you will see the converted SOL in your Solana wallet.
That's it! You have successfully converted Wrapped SOL to SOL on Solana using the Serum DEX.
to know more about Solana refer here
https://brainly.com/question/14915510#
#SPJ11
what are the criticisms of maslow theory pdf
The Maslow theory, also known as the hierarchy of needs, is a psychological theory that proposes that humans have a hierarchy of needs that must be met in order for them to achieve self-actualization. While the theory has been widely accepted and used in various fields, there are several criticisms of the Maslow theory.
One criticism of the Maslow theory is that it is too simplistic and does not take into account individual differences. For example, some people may prioritize safety over physiological needs, while others may prioritize self-actualization over esteem needs. Additionally, the theory does not account for cultural differences, as different cultures may have different hierarchies of needs.
Another criticism of the Maslow theory is that it is based on subjective self-reporting, which can be biased or inaccurate. Furthermore, there is a lack of empirical evidence to support the theory, as many of the studies conducted on the hierarchy of needs have been correlational and do not prove causation.
Lastly, some critics argue that the Maslow theory is too focused on individual needs and does not take into account the importance of social and community needs. This criticism suggests that the theory may be too individualistic and does not adequately address the importance of social relationships and support systems in human development.
To know more about Maslow theory here:
https://brainly.com/question/4045612#
#SPJ11
What is included in the annual master budget file because it is needed for the schedule of expected cash collections?
The annual master budget needs allow for a schedule of expected cash collections which is why it includes the Balance sheet.
What goes into the annual master budget ?The schedule of expected cash collections is an important component of the annual master budget file, and requires detailed information on sales projections, accounts receivable, credit policies, and collection history in order to accurately estimate cash inflows and manage cash flow effectively.
The Balance sheet details the expected timing of customer payments for goods or services sold on credit. It also allows for the schedule of expected cash collections as a result.
Find out more on the master budget at
#SPJ1
Are all market failures externalities?
No, not all market failures are externalities. While externalities are a common type of market failure.
There are other situations that can cause market failure as well. For example, market power or monopoly power can lead to market failure because the monopolist may set prices higher than the competitive level or restrict output, leading to a deadweight loss. Another type of market failure is incomplete or asymmetric information, where one party has more information than the other and is able to exploit that information to their advantage. Additionally, public goods are a type of market failure because they are non-rival and non-excludable, meaning that they can't be provided efficiently through market mechanisms.
Therefore, No, not all market failures are externalities. While externalities are a common type of market failure.
Learn more about market here
brainly.com/question/15483550
#SPJ4
on a manufacturing company’s income statement, direct labor is separately listed as an expense.a. true b. false
Direct labor is one at a time listed as an expense. Direct materials is separately listed as an expense. Only announcement II is true.
What is blanketed in the earnings assertion for a manufacturing company?The income assertion of a manufacturing company is one of the most necessary financial statements of the company. This declaration exhibits the company's revenues, expenses, and net earnings or loss records for an accounting period.
Direct prices -- such as labor and parts -- are these linked to the provision of services or the manufacturing of goods. Look for these costs in the "cost of goods sold" part of a declaration of earnings and loss, also recognised as an earnings statement.
Learn more about Direct labor here:
https://brainly.com/question/26527325#SPJ1True or false statement, according to chester i. barnard, an organization is made up of at least one person who strives daily to achieve the organization’s goals.
The given statement "According to Chester I. Barnard, an organization is made up of at least one person who strives daily to achieve the organization's goals" is True , because he believed that organizations are made up of individuals.
Chester I. Barnard was an American business executive and organizational theorist who is best known for his contributions to the study of organizational behavior and communication.
In his book "The Functions of the Executive," Barnard defined an organization as a "system of consciously coordinated activities or forces of two or more persons."
He emphasized the importance of communication and cooperation in achieving the goals of an organization and argued that an organization's success depends on the actions and decisions of its individual members.
According to Barnard, each person within an organization is responsible for contributing to the organization's goals, and the actions and decisions of one person can significantly impact the success of the entire organization.
Thus, the idea that an organization is made up of at least one person who strives daily to achieve the organization's goals is a key aspect of Barnard's theory of organizations.
To learn more about goals click on,
https://brainly.com/question/14267722
#SPJ4
What occurs during the process monitoring step of business process management?
During the process monitoring step, the performance of process is monitored, analyzed, and identified if there are space of improvement.
During the process monitoring step of business process management, the performance of the optimized process is monitored to ensure that it is running efficiently and effectively. This involves measuring and analyzing various metrics, such as cycle time, throughput, error rate, and resource utilization, to identify any issues or opportunities for improvement.
The process monitoring step is critical for ensuring that the optimized process is performing as expected and delivering the desired results. By monitoring the process and making adjustments as needed, organizations can ensure that they are meeting their goals for cost, quality, speed, and customer satisfaction. This can result in increased efficiency, productivity, and profitability.
Learn more about process monitoring here:
https://brainly.com/question/29689800
#SPJ4
a drawback in the use of patents to protect inventors’ rights is that they...
Can be expensive and time-consuming to obtain and enforce. Obtaining a patent requires a significant amount of time and resources, including hiring a patent attorney and conducting a thorough patent search.
The patent application process can also be lengthy and complex, taking several years to complete.
Additionally, enforcing a patent can also be expensive and time-consuming. If someone violates your patent, you will likely need to go to court to enforce your rights. This can involve hiring lawyers and paying for legal fees, which can be significant.
Another drawback of patents is that they may limit competition and innovation. By giving an inventor exclusive rights to an invention for a limited time, patents can discourage others from creating similar or improved products. This can limit the growth of industries and slow down technological progress.
Finally, patents are often difficult to enforce in certain countries, particularly in developing nations where the legal system may not be as strong. This can make it challenging for inventors to protect their rights and enforce their patents in these areas.
For such more question on patent
https://brainly.com/question/14622603
#SPJ4
▬▬▬▬
8. Based on habits, customs, and beliefs
9. Individuals and businesses own the means of production
10. Sweden
11. North Korea
12. Subsistence system
13. Government makes all economic decisions
14. High taxes
15. Government owns part of the means of production
16. United States
17. Amazon Rainforest communities and Australian Aborigines
18. Government regulates but does not control economy
8. Based on habits, customs, and beliefs – traditional economy
9. Individuals and businesses own the means of production – Market Economy.
What is a traditional economic system?A traditional economy is a system where customs and traditions are the components that determine the way trade and commerce are executed. It is a self-sufficient economy where the people engage in different human activities to produce trade goods or services that are required by the rest of the community.
10. Sweden – Socialism
11. North Korea – Communism
12. Subsistence system – Traditional Economy
13. Government makes all economic decisions – command economy
14. High taxes – Socialism
15. Government owns part of the means of production – Socialism
16. United States – mixed-market economy
17. Amazon Rainforest communities and Australian Aborigines – Traditional Economy
18. Government regulates but does not control the economy – Market Economy.
Therefore, the Correct answers are above.
Learn more about Traditional economic system, here;
https://brainly.com/question/30293366
#SPJ9
Your question is not complete, the complete question will be;
Fill in the blanks with the correct economic system:
8. Based on habits, customs, and beliefs ______
9. Individuals and businesses own the means of production _______
10. Sweden ________
11. North Korea ________
12. Subsistence system __________
13. Government makes all economic decisions _______
14. High taxes _______
15. Government owns part of the means of production _______
16. United States ________
17. Amazon Rainforest communities and Australian Aborigines _________
18. Government regulates but does not control the economy __________
During an economic crisis, John Maynard Keynes would most likely encourage a government to:
A.
seize control of the country's largest businesses.
B.
cut government spending to avoid a budget deficit.
C.
allow businesses to freely develop a solution.
D.
borrow money to pay for economic relief programs.
Answer:
D. borrow money to pay for economic relief programs.
Explanation:
During an economic crisis, John Maynard Keynes, a renowned economist, would most likely encourage a government to increase spending and borrow money to stimulate demand and create jobs. This approach is known as Keynesian economics, which holds that during a recession or depression, the government should intervene in the economy to increase spending and provide economic relief. Keynes argued that in times of crisis, consumers and businesses may cut back on spending, which can exacerbate the economic downturn. By borrowing and spending money on infrastructure projects or other stimulus programs, the government can help to increase demand and stabilize the economy. Therefore, option D, borrow money to pay for economic relief programs, is the answer that best aligns with Keynesian economic principles.
At which level of the pyramid of corporate social responsibility is Zappos operating? a. Level 1: economic responsibilities b. Level 2: legal responsibilities c. Level 3: Ethical responsibilities
Zappos, an online retailer, is operating at the highest level of the pyramid of corporate social responsibility, which is an ethical responsibility. Here option C is the correct answer.
This means that Zappos not only fulfills its legal and economic responsibilities but also takes responsibility for its impact on society and the environment.
In order to meet its ethical responsibilities, Zappos has implemented a number of programs and initiatives. For example, they have a "Customer Loyalty Team" that is focused on providing excellent customer service and building strong relationships with customers.
They also have a "Culture Book" that is updated annually, which includes contributions from employees and details the company's values, mission, and goals. Additionally, Zappos has a "Sustainability Team" that focuses on reducing the company's environmental impact through initiatives like carbon offsets and recycling programs.
To learn more about social responsibility
https://brainly.com/question/30610249
#SPJ4
The two most important inventory-based questions answered by the typical inventory model are ______.
A) how many of an item to order and with whom the order should be placed
B) how many of an item to order and what is the cost of this order
C) when to place an order and how many of an item to order
C) when to place an order and how many of an item to order. The two most important inventory-based questions answered by the typical inventory model.
The standard inventory model is used to identify the best level of inventory to order and when to order it. The model takes into consideration aspects such as ordering lead time, product demand, and inventory holding costs. The aim is to reduce overall inventory costs, which include the cost of making an order, storing goods, and running out of inventory. As a result, the conventional inventory model answers the two most critical inventory-based questions: when to place an order and how many of an item to order. The other alternatives given may be important considerations as well, but they are not the core questions addressed.
learn more about inventory model here:
https://brainly.com/question/28110373
#SPJ4
podcasts are a form of direct marketing. True/False ?
False. Podcasts are not a form of direct marketing. Direct marketing is a type of advertising where companies communicate directly with customers through various forms of media, such as email, text messages, or direct mail.
Podcasts, on the other hand, are digital audio files that are available for download or streaming on the internet. They are typically episodic in nature, and cover a wide range of topics, from news and politics, to entertainment and education. While podcasts can be used as a marketing tool, they are not a form of direct marketing.
For more about direct marketing:
https://brainly.com/question/14008832
#SPJ11
Which of the following frameworks for analysis is comprised of a company's capabilities, competitors and corporate partners?company capabilitiesImmediate environmentcorporate partners.country culture.
Consumers are always the main point or center of attention of any marketing environment analysis framework.
The process of producing, providing, and conveying value to customers while also managing customer connections for the organization's advantage is referred to as marketing. It involves conducting market research and analysis, comprehending client demands, designing and providing goods and services, and coming up with advertising campaigns to reach certain target audiences. Any action or duty carried out for the benefit or satisfaction of another person or entity is referred to as providing "service." It may also refer to a considerate, kind, or helpful deed. When used in the context of business, the term "service" often refers to a paid service rendered by a company or an individual. Services usually lack ownership since they are intangible. Services include things like accounting, consulting, banking, insurance, education, healthcare, and transportation.
Learn more about Marketing here:
https://brainly.com/question/30010154
#SPJ4