Answer:
b. Purchasing power parity
Explanation:
The purchasing power parity theory is based on a world price for equivalent goods. This means that a good in the United States will cost the same as a good in Canada. Since the price of the good is $US 100 in the United States, then the same good should cost the equivalent of in Canadian dollars.
Answer:
d) $6,000, -$6,000
Explanation:
Accounting profit = total revenue - explicit costs
=6000 x 2.5-9000 = $6000
Economic profit = accounting profit - interest on capital invested
=6000 - 400000 x 0.03
=$-6000
Answer:
Seek new ways of improving their products and services & Use those ideas to generate income
Explanation:
Services high in experience qualities have characteristics that the buyers can evaluate before purchase.
What is high quality of services?
When a customer's expectations are met, the service is said to be of high quality. Quality of service describes or measures a service's entire performance, especially the performance felt by network users, whether it be a cloud computing service, a phone service, or a computer network. The key to provide first-rate customer service is being pleasant. Try to welcome everyone with a smile at all times, and be considerate and friendly.
Businesses are considered to have good service quality when they meet or surpass expectations. Consider going to a fast food restaurant for dinner, where you can count on getting your food five minutes after placing your order. Your order is called minutes before you had anticipated it to be once you have got your drink and chosen a table.
To know more about network refer:
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Answer: (A) True
Explanation:
Yes, the given statement is true that the risk pooling is one of the type of strategy which basically helps in explaining about the demand variability and also decrease the aggregate demand variance in the market.
The main objective of the risk pooling is to maintain the inventory stock level and also avoiding the out of stock situation in the management.
By using the risk pooling strategy the various types of warehouse and companies are reduce the level of safety stock in the supply chain management and also transferring their risk to another organization such as insurance company.
Therefore, the given statement is true.
