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alekssr [168]
3 years ago
6

A supply shock is

Business
1 answer:
Vaselesa [24]3 years ago
4 0
1) <span>A supply shock is a sudden increase in the price of an important natural​ resource, resulting in a leftward shift of the sras curve. Because the change is so sudden it really affects the equilibrium price of the good or service within the economy.

2) S</span><span>tagflation is a combination of inflation and recession. Stagflation typically occurs because of supply shock. 

3) S</span><span>tagflation occurs when a supply shock shifts the sras to the left, increasing the price level and decreasing actual GDP. </span>
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George had a previous balance on his credit card of $330.19 on which he paid $50.00. He
Svetllana [295]
Since it’s a credit card you must subtract 330.19-50.00 = 280.19 then with the fine you add 280.19+4.20= 284.39. So the new balance is $284.39
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3 years ago
The hotel chain Ritz-Carlton uses the phrase "Ladies and gentlemen taking care of ladies and gentlemen" to demonstrate the compa
denis23 [38]
<h2>The company is expressing its key corporate value with a slogan. (Option A)</h2>

Explanation:

The slogan is self explanatory that ladies and gentlemen taking care of ladies and gentlemen.

About the slogan:

  • So it adds values both to employees as well as the customer.
  • Slogan is more of customer-friendly
  • The slogan is always the right aspect to express the motto, culture of the organization and hotel chain Ritz-Carlton has smartly framed it.

Justification about the other options:

  • If the slogan is adding value to the employees alone, then it means that company is valuing the customer who is the king for business.
  • Even the last option stands invalid because, the focus of customer is lost, it feels like self-appraising the company itself.

6 0
3 years ago
Trader Joe's is an American chain of grocery stores headquartered in Monrovia, California. Trader Joe's creates a competitive ad
Goryan [66]

Answer:

Differentiation focus strategy

Explanation:

Competitive advantage is defined as the factors or strategy that gives a firm an edge over others in the same industry.

They are able to sell more product and make more profit than their competitors.

Trader Joe's creates a competitive advantage by its ability to incorporate upscale or attractive attributes into its product offerings at lower costs than rivals.

They are using differentiation focus strategy which entails developing a unique product based on selected attributes that are widely valued by customers.

Focus is given to making products that specifically meet these needs.

The result is a product that is unique in the industry. Products from Trader Joe's can't be found anywhere else. Also they provide a unique atmosphere and unique interaction with their staff.

They have been able to have reduced pricing through research and other tactics aimed at reducing cost of production in a sustainable manner.

4 0
3 years ago
If equilibrium price falls and the equilibrium quantity of the good purchased decreases, what has happened to either the supply
Sindrei [870]

Answer:

Demand decreases.

Explanation:

If demand decreases while supply remains unchanged, equilibrium price and quantity would fall.

If supply increases, equilibrium price would fall and quantity would rise.

If supply decreased, equilibrium price would rise and quantity would fall

If demand increases, equilibrium price and quantity would rise.

I hope my answer helps you

4 0
3 years ago
Why is it important to YOU to save money ? ILL MARK BRAINLIST * How and why to save money *
dangina [55]

First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom. I would save money by keeping it secure in a special place like a wallet.

7 0
3 years ago
Read 2 more answers
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