Answer:
The correct answer is b) false.
Explanation:
A consumer survey allows companies to collect information from potential consumers who use various media.
Written surveys: this is used when a researcher tries to collect complete information from consumers. Written surveys should be concise, because if they are long, consumers may not complete them.
Questions from these types of surveys should be carefully selected so that feedback is easily obtained. Written surveys can be sent to a random sample of individuals and the responses can be analyzed in a generalized manner, so that they represent a population.
Typically, this type of survey is used to gather information on sensitive issues, as respondents can take their survey home and provide comments at the most convenient time.
There are various forms of market failure, though it is commonly defined in economics as a situation where the distribution of goods and service are conducted in an inefficient manner.
In the case illustrated in the question, the form of market failure that is taking place occurs in the nature of the exchange, which is due to bounded rationality. It is defined as condition commonly occurring in individuals where decision-making is based on making a satisfactory solution instead of an optimal one – this leads to irrational behaviors. A good example is the tipping behavior provided in the question.
Thus, the answer to the question is (D) Yes this could be considered a form of market failure. If consumers and markets were rational tips would be based on the quality of service.
Answer:
Particulars Amount
1. Revenue allocated to the equipment $330
for each bundled sales
{$990 * $280 / $280 + $560}
2. Revenue allocated to the service $660
for each bundled sales
{$990 * $560 / $280 + $560}
3. Sales revenue to be reported in income $660
statement
Service revenue to be reported in $55
income statement
($660/12)
This is called the initial isolation zone which is a circular zone with a radius equal to the initial isolation distance within which persons may be unprotected to dangerous concentrations upwind of the source and may be unprotected to life threatening concentrations downwind of the source. Regulating distances for a detailed incident involves many inter-reliant variables and should be made only by personnel technically qualified to make such adjustments.
Answer:
use; $2,409,000
Explanation:
Given that,
Total current assets in 2017 = $14,871,000
Total current assets in the last year = $12,462,000
Therefore, there is an increase in the total current assets which indicates that there is a use of cash.
Hence, the amount of cash used is calculated as follows:
= Total current assets in 2017 - Total current assets in the last year
= $14,871,000 - $12,462,000
= $2,409,000
