suppose you own a home with an outstanding mortgage loan balance of $200,000. the (annual) interest rate on the mortgage loan is 4%. your income tax rate is 20% and you itemize deductions. what is the (annual) value to you of the mortgage interest deduction? enter this value below (round your answer to the nearest dollar).
Answers
The value of the mortgage interest deduction can be calculated by multiplying the outstanding mortgage loan balance of $200,000 by the annual interest rate of 4%. This gives us an annual interest payment of $8,000.
Since the individual itemizes deductions, they can deduct the $8,000 from their taxable income, which will reduce the amount of income tax they owe. The value of this deduction is dependent on the individual's income tax rate, which in this case is 20%. To calculate the value of the mortgage interest deduction, we multiply the annual interest payment of $8,000 by the income tax rate of 20%. This gives us a value of $1,600. Therefore, the annual value of the mortgage interest deduction for this individual is $1,600.
It's important to note that the value of the mortgage interest deduction may vary depending on individual circumstances, such as the size of the mortgage loan, the interest rate, and the individual's income tax rate. However, in this scenario, we can conclude that the individual will save $1,600 on their income taxes annually due to the mortgage interest deduction.
For more such questions on mortgage interest
https://brainly.com/question/29981765
#SPJ11
Related Questions
13. How might deflation be stopped?
O Increases in the money supply
O Reduction in interest rates
O Fed must stimulate the economy with expansionary monetary policy
O all of the above
Answers
Increases in the money supply, reduction in interest rates, and expansionary monetary policy by the central bank can help stimulate demand, increase spending and investment, and encourage borrowing, which can help to counter deflationary pressures in the economy. By increasing the money supply, the central bank can make credit more available, which can stimulate spending and investment, and help to reduce the impact of deflation. Similarly, reducing interest rates can make borrowing more affordable and encourage people to spend more, which can also help to counter deflation.
To re-enter the u. S. , your dissa re-entry signature must have been issued within how many months within the re-entry?.
Answers
To re-enter the US, your Unites States Visa re-entry signature must have been issued within 12 months
The United States Visa provides legal entry into the country and laws and regulations around immigration govern how long a person can remain in the country legally.
The rules can be different depending on your nationality, legal status in the US, immigration process status, etc.
However, for someone who is studying in the United States on a Student Visa, The I-20/DS-2109 re-entry signature must be issued within 12 months.
If for any reason, they enter the United States after these 12 months have passed, they would need a new travel signature for valid entry.
Most students will need to submit a new application for an I-20 request form for a new travel signature.
To learn more about United States Visa, Click here:https://brainly.com/question/869172
#SPJ4
degree to which the presentation of one stimulus reliably predicts the presentation of another
Answers
The degree to which the presentation of one stimulus reliably predicts the presentation of another is known as stimulus correlation.
How reliably can one stimulus predict another?The degree to which the presentation of one stimulus reliably predicts the presentation of another is known as predictive validity. It refers to the extent to which a given cue or indicator can accurately forecast the occurrence or presence of a specific outcome. When there is a high degree of predictive validity, the presence or occurrence of one stimulus can be used as a reliable indicator or predictor of the presence or occurrence of another stimulus. In other words, the relationship between the two stimuli is consistent and dependable.
Predictive validity is an important concept in various fields, including psychology, education, and market research. It allows researchers and practitioners to assess the effectiveness of certain cues or indicators in predicting specific outcomes. By establishing a strong predictive validity, one can have greater confidence in using a particular stimulus as a reliable predictor of another. This can lead to more accurate decision-making, targeted interventions, and improved understanding of cause-and-effect relationships.
Learn more about stimulus
brainly.com/question/298785
#SPJ11
the first step in the risk management process is to monitor and control deployed countermeasures. true or false?
Answers
This statement is False. Monitoring and controlling implemented countermeasures is not the initial stage in the risk management process.
Typically, identifying and evaluating risks is the first stage in the risk management process. This entails identifying possible risks that could have an influence on the organisation, assessing their likelihood and impact, and prioritising them according to their importance. Following the identification and assessment of risks, the next phases usually involve creating and executing effective risk mitigation methods, measuring their efficacy, and routinely reviewing and updating the risk management strategy. Later in the process, as part of continuous risk management operations, deployed counter-measures are monitored and controlled to guarantee the efficacy and efficiency of risk mitigation initiatives.
To know more about risk management :
https://brainly.com/question/28118361
#SPJ4
Which of the following can not be used as an example of the "income effect" as a tool in explaining the downward slope of the demand curve for a normal product?a. A higher price of a given product constitutes a lower purchasing power of goods and services. b. A lower price of a given product constitutes a higher purchasing power of goods and services. c. A higher price of a given product directs the consumer to demand more from the other substitutable products,d. None of the above.
Answers
All of the options provided can be used as an example of the "income effect" as a tool in explaining the downward slope of the demand curve for a normal product. The correct answer is d. None of the above.
The "income effect" is the change in the quantity demanded of a good or service due to a change in the consumer's real income. A higher price of a given product constitutes a lower purchasing power of goods and services, which means that the consumer's real income has decreased. This leads to a decrease in the quantity demanded of the given product. Similarly, a lower price of a given product constitutes a higher purchasing power of goods and services, which means that the consumer's real income has increased. This leads to an increase in the quantity demanded of the given product.
A higher price of a given product also directs the consumer to demand more from the other substitutable products. This is known as the "substitution effect." When the price of a given product increases, the consumer will look for cheaper substitutes to satisfy their needs. This leads to an increase in the quantity demanded of the substitutable products and a decrease in the quantity demanded of the given product.
Therefore, all of the options provided can be used as an example of the "income effect" as a tool in explaining the downward slope of the demand curve for a normal product.
To learn more about "income effect" here:
https://brainly.com/question/9745324#
#SPJ11
Stock in Cheezy-Poofs Manufacturing is currently priced at $75
per share. A call option with a $75 strike and 90 days to maturity
is quoted at $3.8. Compare the percentage gains and losses from a
$28,
Answers
If the stock price increases by $28, the percentage gain is approximately 37.33%, and if the stock price decreases by $28, the percentage loss is approximately 37.33%.
To compare the percentage gains and losses from a $28 increase and a $28 decrease in the stock price of Cheezy-Poofs Manufacturing, we need to calculate the resulting values. Percentage Gain:
If the stock price increases by $28, the new stock price would be $75 + $28 = $103 per share.
The percentage gain can be calculated using the following formula:
Percentage Gain = [(New Value - Initial Value) / Initial Value] * 100
Percentage Gain = [(103 - 75) / 75] * 100
Percentage Gain = (28 / 75) * 100
Percentage Gain ≈ 37.33%
Percentage Loss:
If the stock price decreases by $28, the new stock price would be $75 - $28 = $47 per share.
The percentage loss can be calculated using the same formula:
Percentage Loss = [(New Value - Initial Value) / Initial Value] * 100
Percentage Loss = [(47 - 75) / 75] * 100
Percentage Loss = (-28 / 75) * 100
Percentage Loss ≈ -37.33%
Learn more about stock price here:
https://brainly.com/question/17205047
#SPJ11
which of the following terms refers to a series of stages consumers go through in learning about a new product, trying it, and deciding whether to purchase it again? group of answer choices product life cycle product development process adoption process diffusion process
Answers
The term that refers to a series of stages consumers go through in learning about a new product, trying it, and deciding whether to purchase it again is the adoption process.
The adoption process is a term used to describe the stages that consumers go through when they encounter a new product or innovation. It encompasses the consumer's journey from first learning about the product to making a decision about its adoption or rejection. The adoption process consists of several stages, including awareness, interest, evaluation, trial, and adoption.
During the awareness stage, consumers become aware of the existence of the product. They may come across it through various channels such as advertising, word of mouth, or online reviews. In the interest stage, consumers develop an interest in the product and start seeking more information about its features, benefits, and potential value.
The evaluation stage involves consumers critically assessing the product, comparing it with alternatives, and determining its fit with their needs and preferences. If the consumer decides to move forward, they proceed to the trial stage, where they try the product for the first time, often through a sample or a small purchase.
Finally, in the adoption stage, the consumer makes a decision to fully integrate the product into their routine and becomes a regular user or purchaser. The adoption process is crucial for marketers to understand as it helps them shape their marketing strategies to effectively target and influence consumers at each stage of the process.
Learn more about advertising from here:
https://brainly.com/question/32251098
#SPJ11
APR, a rate advertised by ___ is typically ___ than APY
A) lenders; higher
B) borrowers; higher
C) borrowers; lower
D) lenders; lower
answer: D
Answers
APR, a rate advertised by lenders is typically lower than APY. The correct answer is D.
What is APR?APR is an acronym for annual percentage rate, it is considered as a cost of borrowing money which is calculated on a percentage that any individual pay each year on their loan. It does not only include the rate of interest but also the fees you must pay to obtain the loan.
APY is an acronym for annual percentage yield, which is considered the actual rate of return on the investment after considering the effect of investment returns.
APR is a rate advertised by lenders that is typically lower than APY as the cost of overall borrowing is lower, and the accounts of APR are also lower. If the difference between APR and APY is higher, the frequency with which interest compounds also increases.
Therefore, option D lenders and lower is the appropriate answer.
Learn more about APR, here:
https://brainly.com/question/14184570
#SPJ5
assessment and management of newborn complications: identifying an expected finding for a newborn who was exposed to cocaine in utero active learning template - basic concept
Answers
Assessment and management of newborn complications is crucial in ensuring the health and wellbeing of newborns, especially those who have been exposed to drugs in utero.
When assessing a newborn who was exposed to cocaine in utero, an expected finding may be a low birth weight, irritability, and increased risk of seizures. These infants may also exhibit poor feeding, respiratory distress, and a high-pitched cry.
Management of these complications involves close monitoring of the infant's vital signs, providing supportive care such as oxygen therapy and fluid management, and addressing any withdrawal symptoms that may arise. The healthcare team may also involve a neonatal specialist and a pediatrician to develop a comprehensive care plan for the newborn.
Active learning templates can be helpful in organizing and retaining information related to the assessment and management of newborn complications. Basic concepts such as the expected findings for newborns exposed to drugs in utero can be recorded in the template, which can serve as a quick reference guide for healthcare providers.
For more about management:
https://brainly.com/question/14523862
#SPJ11
1) Identify a shortage of any good or service on your economy mention 5? Explain why the shortage occurred?
2) Compare and contrast the aims and objectives of a government funded swimming pool and a private health and leisure club?
3) List 4 advantages and 4 disadvantages of-
a) free market economy
b) command economy
c)mixed economy
Answers
a) Personal Protective Equipment (PPE): During a pandemic or public health crisis, there may be a shortage of PPE such as masks, gloves, and gowns. This shortage can occur due to increased demand from healthcare professionals and the general public, coupled with disruptions in the global supply chain and inadequate production capacity.
b) Housing: A shortage of affordable housing can occur when the demand for housing exceeds the available supply. Factors contributing to this shortage can include population growth, limited land availability, zoning restrictions, and insufficient construction of new housing units.
c) Electric Vehicles (EVs): As the demand for environmentally-friendly transportation options increases, there can be a shortage of electric vehicles. This can happen due to limited production capacity by automobile manufacturers, supply chain disruptions for components such as batteries, and high demand outpacing supply.
d) Skilled Labor: In certain industries or professions, there may be a shortage of skilled labor. This can occur when the demand for specific skills outweighs the number of qualified individuals available. Factors contributing to this shortage can include demographic shifts, inadequate training programs, and mismatches between the skills demanded by employers and the skills possessed by job seekers.
e) Water Supply: In regions with limited water resources or facing drought conditions, there can be a shortage of water supply. This shortage can occur due to factors such as population growth, inefficient water management practices, climate change impacting rainfall patterns, and inadequate infrastructure for water storage and distribution.
Aims and Objectives of a Government-funded Swimming Pool and a Private Health and Leisure Club:
Government-funded Swimming Pool:
Aim: To provide a public facility for recreational swimming, water-based activities, and community engagement.
Objectives:
Promote physical fitness and overall health of the community.
Offer affordable access to swimming facilities for all members of society.
Provide swimming lessons and programs to enhance water safety and swimming skills.
Foster community integration and social interactions through shared recreational space.
Private Health and Leisure Club:
Aim: To offer exclusive and personalized health and leisure services to members.
Objectives:
Provide high-quality facilities and amenities for fitness, wellness, and relaxation.
Cater to the individual needs and preferences of members through personalized services.
Create a premium and exclusive environment for members to socialize and network.
Generate profits and financial sustainability through membership fees and additional services.
Advantages and Disadvantages of Different Economic Systems:
a) Free Market Economy:
Advantages:
Efficient allocation of resources based on supply and demand.
Promotes competition, innovation, and entrepreneurship.
Encourages individual freedom and choice in economic decision-making.
Flexibility to adapt to changing market conditions.
Disadvantages:
Income inequality and wealth concentration.
Lack of adequate social safety nets for vulnerable individuals.
Potential for market failures, such as monopolies or externalities.
Unequal access to essential goods and services.
b) Command Economy:
Advantages:
Centralized planning and allocation of resources.
Potential for rapid economic development and industrialization.
Greater control over income distribution and social welfare.
Priority given to public goods and services.
Disadvantages:
Lack of incentives for innovation, entrepreneurship, and individual initiative.
Inefficient allocation of resources due to central planning.
Limited consumer choice and reduced variety of goods and services.
Potential for corruption and bureaucracy.
c) Mixed Economy:
Advantages:
Combination of market forces and government intervention allows for a balance between efficiency and equity.
Ability to address market failures through regulations and social programs.
Provision of essential public goods and services.
Flexibility to adapt to changing economic conditions.
Disadvantages:
Balancing conflicting interests and priorities
Dermody Snow Removal's cost formula for its vehicle operating cost is $2,980 per month plus $328 per snow-day. For the month of December, the company planned for activity of 22 snow-days, but the actual level of activity was 20 snow-days. The actual vehicle operating cost for the month was $10,490. The spending variance for vehicle operating cost in December would be closest to:
Answers
Answer: $950 Unfavorable
Explanation:
Following the information given in the question, the budgeted operating cost will be calculated as the addition of the fixed cost and the variable cost given and this will be:
= $2,980 + ($328 × Level of activity)
= $2980 + ($328 × 20)
= $2980 + $6560
= $9540
Since the actual operating cost is $10,490, then the Spending Variance for the vehicle operating cost will be:
= Flexible Budget - Actual Budget
= $9,540 - $10490
= $950 Unfavorable
after the first unit sold, the marginal revenue a monopolist receives from selling one more unit of a good is less than the price at which that unit is sold because of: a) diminishing marginal returns. b) increasing marginal cost. c) a downward-sloping demand curve. d) declining average fixed cost.
Answers
The correct answer is c) a downward-sloping demand curve. The marginal revenue a monopolist receives from selling one more unit of a good is less than the price at which that unit is sold because of the downward-sloping demand curve. In a monopoly, the firm is the sole supplier of a product, and it faces a downward-sloping demand curve. This means that as the monopolist increases the quantity sold, the price it can charge for the product decreases.
When a monopolist sells an additional unit, there are two effects:
1. The additional revenue from selling the extra unit at the new, lower price.
2. The revenue loss from all previous units sold because the price has been lowered to sell the extra unit.
The marginal revenue is the net effect of these two factors, and since the demand curve is downward-sloping, the revenue loss from the previous units will always outweigh the additional revenue from the extra unit. Therefore, the marginal revenue from selling one more unit will always be less than the price at which that unit is sold.
Diminishing marginal returns (a), increasing marginal cost (b), and declining average fixed cost (d) are not the primary reasons for this phenomenon, although they can influence the cost structure and profit maximization for a monopolist. The key factor, however, is the downward-sloping demand curve.
To know more about marginal revenue visit -
brainly.com/question/30236294
#SPJ11
Ace Hardware has a rewards program for loyal customers. After a certain number of purchases, Ace sends a customer a gift card to be used within a two-month period. This example shows that _______.a. CRM thanks all customers for their business with a rewards cardb. consumers are loyal to companies that have rewarded loyalty with a gift cardc. consumers are only loyal to companies that have low pricesd. CRM techniques focus on rewarding all customers
Answers
The correct option is option b. Consumers are loyal to companies that have rewarded loyalty with a gift card.
What is CRM? Customer relationship management (CRM) is an approach that businesses use to manage their interactions with clients or customers. A rewards program for loyal customers is one of the ways that companies can use CRM techniques to thank all customers for their business with a rewards card. Additionally, it is a way to promote customer loyalty.
CRM techniques concentrate on rewarding loyal customers. Companies do not focus on rewarding all customers. They focus on the customers who have proven to be loyal over time. For instance, Ace Hardware's reward program is only for loyal customers who have made several purchases from the store.
In conclusion, this example shows that consumers are loyal to companies that have rewarded loyalty with gift cards. By rewarding loyal customers, companies can promote customer loyalty and build strong relationships with their customers.
To learn more about “CRM techniques” refer to the https://brainly.com/question/4310845
#SPJ11
Which of these is an example of perfect competition?
a. many small companies selling food grains
b. some big companies selling computers
c. few companies selling aerated cold drinks
d. many international companies selling bicycles
Answers
Answer:
a. many small companies selling food grains
Explanation:
Perfect competition is a market including many small companies selling the same product to promote healthy competition.
Answer:
A.) many small companies selling food grains
Explanation:
Plato
Select the correct answer.
Which of these is an informal group?
A. command group
B. self-managed work group
C. task group
D. virtual group
E. interest group
Answers
Answer:
B
Explanation:
hope this helps
Use of a computer-based system to transfer money from the drawer's account to the payee's account is called a(n)
None of these
Automatic Withdrawal
Online Banking
Electronic Funds Transfer
Answers
Answer:
It's an electronic funds transfer.
Explanation:
Online banking would make no sense it would say a whole different story , automatic withdrawal would make no sense also , so therefore it is Electronic funds transfer
The epicurean society is holding its annual election for president. The three candidates are a, b, and
c. Twenty percent of the voters like upper c the most and upper a the least. Forty percent of the voters like upper a the most and upper c the least. Of the remaining 232 prefer upper b to upper c and upper c to upper a, and 696 prefer upper b to upper a and upper a to upper
c. Write out the preference schedule for this election.
Answers
Answer and Explanation:
Please find answer and explanation attached
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
You have decided to form a study group for your Study Skills class. How should you decide who will be in the group?
Answers
Answer:
figure out who has the skilles needed to join
Explanation:
when you are in a study group you have to have a set of skilles that benefit others and some other ways, the way to do this is print out aplications and have them fill out what they can contribute and when they get turned in read them.
Answer:
when you are in a study group you have to have a set of skilles that benefit others and some other ways, the way to do this is print out aplications and have them fill out what they can contribute and when they get turned in read them.
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
For more about Marginal revenue refer to the link:https://brainly.com/question/12231343
_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna
buyers and sellers together
Agents and brokers
Wholesalers
Retailers
Final consumers
Answers
Answer:
Agents and brokers
Explanation:
Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.
Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.
A(n) is a general belief about a person or group of people that may not be true.
prestige
b culture
c. occupation
d stereotype
Answers
Answer:
Stereotype
Explanation:
Trust.
What is an index fund? Explain in your own words.
Answers
Answer:
An index fund is a mutual fund or exchange trade fund designed to follow certain present rules so that the fund can track a specified basket of underlying investments
in making inventory decisions, the purpose of the basic eoq model is to
Answers
In making inventory decisions, the purpose of the basic EOQ (Economic Order Quantity) model is to determine the optimal order quantity that minimizes the total cost of inventory. The EOQ model helps in finding the balance between the carrying cost (cost of holding inventory) and the ordering cost (cost of placing an order) to achieve the most cost-effective inventory management.
The EOQ model assumes that demand is constant and known, there are no order quantity discounts, and the lead time for replenishment is constant. By considering these factors, the model calculates the order quantity that minimizes the total cost associated with inventory, including holding costs and ordering costs. The key objective of the EOQ model is to strike a balance between the costs of carrying inventory (such as storage costs, obsolescence costs, and opportunity costs) and the costs associated with ordering (such as order processing costs, transportation costs, and setup costs). By determining the optimal order quantity, the EOQ model helps in reducing excess inventory levels, avoiding stockouts, and optimizing inventory management to minimize costs.
Learn more about Economic Order Quantity here:
brainly.com/question/28503560
#SPJ11
during the 1980's, the price of one share of Johnson and Johnson stock rose from $17 1/4 to $56 1/8. how much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Answers
Given:
Price of one share in 1980 = $\(17\dfrac14\)
Price of one share in 1989 = $\(56\dfrac18\).
To find:
How much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Explanation:
Using the given information,
Change in the value of each share = \(56\dfrac18-17\dfrac14\)
= \(\dfrac{448+1}{8}-\dfrac\dfrac{68+1}{4}\)
= \(\dfrac{449}{8}-\dfrac\dfrac{69}{4}\)
= \(\dfrac{449-138}{8}\)
= \(\dfrac{311}{8}\)
Value of one share increased by $\(\dfrac{311}{8}\).
Value of 100 shares increased by = \(100\times \dfrac{311}{8}\)
= \(\dfrac{31100}{8}\)
= \(\dfrac{7775}{2}\)
= \(3887.5\)
Therefore, you would have made $3887.5 if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989.
Management, being representative of all the owners, is in the agency position of making decisions that are in the best interest of the firm's:
Answers
Answer:
shareholders
Explanation:
what is the difference between the preservation and installment
Answers
Answer:
Credit sales are typically of shorter duration and installment sales spread payments out over longer periods of time
Explanation:
please mark my answer as brainlist
Answer:
Explanation: An installment agreement requires the buyer of real estate to pay the seller the purchase price in installments over time; the buyer takes immediate possession of the property but the seller retains legal title as security until the buyer pays in full. An installment agreement can be a low-cost, flexible alternative to a traditional mortgage loan.
In what circumstance would a property insurance claim be rejected?
Answers
• The cause of property damage falls under an exclusion condition in your policy.
•You haven’t been paying your insurance premiums.
• The damage isn’t sufficiently documented
•The insurance adjuster finds anything suspicious or false in the claim.
•You didn’t take precautions to prevent further damage after the initial loss.
_______ involves essentially using the same marketing strategy approaches and marketing mix worldwide A) Adapted global marketing B) Ambush marketing C) Standardized global marketing D) Export marketing
Answers
C) Standardized global marketing.
Standardized global marketing refers to the practice of using the same marketing strategy approaches and marketing mix across different markets worldwide. This approach assumes that consumer behaviors, preferences, and needs are relatively similar across different countries or regions, and that a uniform marketing approach can be applied with minimal modifications.
The standardized global marketing approach allows companies to achieve economies of scale, simplify marketing operations, and maintain consistency in brand image and messaging across different markets. It involves developing marketing strategies, campaigns, and promotional activities that can be easily replicated and implemented in different countries without significant customization or adaptation.
Option C, Standardized global marketing, is the correct choice as it accurately describes the marketing approach that involves using the same marketing strategy approaches and marketing mix worldwide. Option A, Adapted global marketing, involves some degree of customization or adaptation of marketing strategies to suit local market conditions. Option B, Ambush marketing, refers to a marketing strategy where a company seeks to associate its brand with a specific event or promotion without being an official sponsor. Option D, Export marketing, specifically refers to marketing activities aimed at exporting products or services to international markets.
To know more about global marketing click here:
brainly.com/question/1528741
#SPJ11
State a reason to justify that marketing is a beneficial concept.
Answers
Answer: marketing is beneficial to customers because they can receive lower price they can receive new and improved products and it is also beneficial to the business because it allows businesses to maintain long-lasting and ever-present relationships with their audience