Aperson who starts a business to produce a new product in the marketplace is know as?

How can firms use marginal analysis to determine the price of a product? a) profit maximization can occur when the marginal cost exceeds the marginal revenue. b) the total cost of production can determine the individual unit price of a product. c) marginal analysis can be used to determine at what price profit maximization occurs. d) firms can calculate the marginal cost of a product and set the price lower than the cost.

Which of the following is characteristic of an ethnic religion? a.) the religion has spread far beyond its hearth. b.) the religion is not focused on a particular region. c.) the religion is centered on the message of a prophet. d.) the religion attempts to appeal to people everywhere. e.) the religion does not actively try to convert others

Why is it essential to operationally define the variables in a study?