An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
Answer:
The maturity value of the note is <u>$132,000</u>
Explanation:
A Loan note is a promissory note that is signed to make a promise of an amount of Loan taken by someone that to be returned after a specific time with interest value at a defined in the loan note.
The maturity value of the loan note can be calculated as follow
Face value = $120,000
Interest rate = 10%
Time period = 1 years
Use following formula to calculate the maturity value of the loan note.
Maturity value = Face value x ( 1 + interest rate )^ numbers of years
Placing values in the formula
Maturity value = $120,000 x ( 1 + 10% )^1
Maturity value = $132,000
A) Adding all goods and services
Answer:
1: Handing out coupons at a store entrance
Explanation:
Personal selling is when a salesperson interacts with potential buyers face-to-face with the intent of selling to them. The salesperson engaged the customer aiming to convince them to buy a product. Personal selling is mostly applied to sales promotions.
The personal selling technique is sometimes called face-to-face selling. Its success largely depends on the salesperson's interpersonal skills.
