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how does Socio-economic Factors Affect Investors and Suppliers explain each briefly.
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- What is the difference between an Internal Customer and an External Customer? Why are both equally important?Analyze the demand and supply of pfizer, do they encounter shortage or surplus or equilibrium position in our economy. How do they manage any of these cases?Describe the various cost components that affect the retailgasoline price?
- Articulate how economic factors influence acustomer’s ability and willingness to buy productsIs there something special or distinguishing about the good or service that sets it apart from alternatives and rivals?What occurs when the cost of producing a range of products is lower than the cost of producing each product individually
- why is that quality delivery and price expectations of the customer should be considered in the transformation processDetermine an effective marketing response to a change in the social-cultural • environment.What is the most important part of economic analysis, and why? Supply and demandCostProfitsFirm organizationMarket organization; and/orPrice determination
