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allochka39001 [22]
3 years ago
7

Product quality is ultimately reflected in the __________ and the price that customers are willing to pay.

Business
1 answer:
Virty [35]3 years ago
5 0

Answer: market share

Explanation:

Product quality simply has to do with the addition of features that have the necessary capacity to meet the needs and wants of the consumer and ultimately give the customers satisfaction through the improvement in products and also making them defect free.

Product quality is ultimately reflected in the markett share and the price that customers are willing to pay.

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The classical dichotomy is useful for analyzing the economy because in the long run nominal variables are heavily influenced by
Contact [7]

Answer:

The answer is: True

Explanation:

First of all, the classical dichotomy in economics assumes that real variables of the economy such as output of goods and services and real interest rates are not influenced by what happens to their nominal counterparts, such as the monetary value of output and nominal interest rate.  It doesn´t consider inflation or the nominal supply, in other words money supply is neutral in the economy (because its value is adjusted to inflation).

The real problem with this theory, at least in the short run, is that in real life money supply, interest rates and inflation do affect the GDP of a country. When the money supply of an economy is increased then aggregate demand also increases. More money equals more demand. That happens because the prices of goods and services doesn´t adjust as fast as a change in the money supply. Also this theory doesn´t consider the monetary circuit theory about money being "created" by the banking system every time a loan is made.

7 0
3 years ago
The top management of Kryptos Inc., a supplier of office stationery to large IT corporations, is involved in a meeting with its
liubo4ka [24]

Answer:

Jury of Executive Opinion

Explanation:

Jury of Executive Opinion method of sales forecasting employs the views of to management in various section. They are are experienced and have good knowledge of the market factors and are able to predict the expected sales. They are able to forecast sales figures through estimates and previous experiences. All internal and external factors are taken into account. Their judgements are pooled together and averaged in drawing the sales forecast of Kryptos Inc.

8 0
2 years ago
Read 2 more answers
When making a decision, you decide that the expected benefits of your choice outweigh the expected benefits of all other options
lakkis [162]

Answer:

The right solution will be "trade-offs".

Explanation:

  • An exploration of trade-offs is a way of choosing between opposing alternatives.
  • Even though unofficial market experiments are often conducted essentially by logically evaluating options and making an informed decision, systematic trade experiments become beneficial in refining and reasserting opinions as well as eliminating prejudice from the course of action.
3 0
2 years ago
Suppose you buy a new iClicker 2 from the Illinois bookstore for $29.99. Your friend was lucky and found a used iClicker 2 onlin
Leokris [45]

Answer:

U.S. GDP increase by $29.99

Explanation:

given data

buy new iClicker 2 from bookstore for $29.99

used iClicker 2 online = 10

to find out

How much does U.S. GDP increase by

solution

we know that GDP is only include value of good and service produce during the certain period of time

and here we buy new iClicker 2 from the Illinois bookstore at $29.99 is only part of U.S. GDP

but when used iClicker 2 online is at $10 is not the part of U.S. GDP

so we can say U.S. GDP increase by only at  $29.99

so U.S. GDP increase by $29.99

5 0
3 years ago
Juan rios rented a car for a 3-day weekend. the car cost $35 per day plus $0. 15 per mile. juan drove the car 425 miles and spen
Ivahew [28]

17000 was the cost per mile to the nearest cent.

<h3>What does a mile typically cost?</h3>
  • Fuel costs 10.72 cents on average per mile, although actual costs might vary greatly depending on the fuel efficiency of the car.
  • Owners of electric vehicles pay an average of 3.66 cents per mile compared to pickup truck owners who pay 15.81 cents per mile.
  • Costs for upkeep and repairs come to 9.55 cents per mile.
<h3>How much will a mile of driving in 2022 cost?</h3>
  • The optional standard mileage rate for the final six months of 2022 was raised from 58.5 cents per mile to 62.5 cents per mile on June 9, 2022, according to Internal Revenue Service Announcement 2022-13.
  • Travel will be charged at the new rate starting on July 1, 2022, through December 31, 2022.

learn more about cost per mile here

<u>brainly.com/question/2507966</u>

#SPJ4

6 0
1 year ago
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