One prolonged blast from the horn of a vessel serves as a warning to other ships that an unseen vessel is in the water. Any vessels within earshot of the prolonged horn blast should reply with a prolonged blast of their own.
A firm is likely to be a price taker whenâ¦.. it sells a product that is exactly the same as every other firm. It represents a small fraction of the total market. Consumers are usually price takers when they buy most goods and services because ____, while relatively few firms are price takers because ____.
Additionally, they have reported that youâre 60% to 70% more likely to sell to an existing customer, whereas making a sale with a new customer falls into the 5% to 20% range. These two figures alone should illustrate how important it is to keep your current customers happy and coming back for more.any businesses, large and small, donât do a very good job of accurately calculating the cost of acquiring a new customer, more commonly called cost per acquisition (CPA). To calculate your CPA, start by making a list of every campaign you conducted over a set period of time.