Marketing can be defined as:

a. Activities to satisfy a customer's needs
b. Advertising, promotion, and selling
c. Approaches to create, communicate and deliver value in selected markets
d. Activities to satisfy a customer's needs, and advertising, promotion, and selling
e. All of these are correct.

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

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