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It's near its consumers

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Okey Veum

Lvl 10
3y ago

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If a firms product is perishable where is the firm usually located?

It's near its consumers


What calculates the final production of U.S. citizens and firms including those that are located in foreign countries?

Gross national product


Which of these methods calculates the final production of U.S. citizens and firms, including those that are located in foreign countries?

gross national product


What gross product includes the goods and services produced by purchases from foreign firms?

Gross Domestic Product (GDP) includes the total value of all goods and services produced within a country's borders, regardless of whether they are produced by domestic or foreign firms. However, when considering the contributions of foreign firms specifically, Gross National Product (GNP) accounts for the value of goods and services produced by a nation's residents, regardless of where they are located. Thus, goods and services produced by purchases from foreign firms are reflected in GDP but not directly in GNP.


The general willingness of firms to produce and sell a product at various prices is?

The general willingness of firms to produce and sell a product at various prices is known as supply.


What is product homogeneous?

This condition is characterized by all the firms in an industry producing a standardized product.


Which product includes goods and services produced by and purchased from foreign firms?

Gross National Product


Firms produce goods and services?

Gross national product...


What is markets in which firms sell their output of goods and services?

The product market is the market in which firms sell their output of goods and services.


How does differentiation help monopolistic competitive firms sell their products?

This allows firms to charge higher prices for their specific product.


Does your local hospital have a nurse staffing firm?

I don't think so. Nurse staffing firms are usually not located in hospitals, but rather are seperate businesses.


Where is a good place to look for product marketing jobs?

The best place to look for product marketing jobs is at a product marketing firm. You may find product marketing firms in the phone book. You may have a hard time finding product marketing firms if you do not live in a city of adequate size.