Answer:
False
Explanation:
Under the subscription model of pricing the customers are to pay a subscription fee for availing the service.
This does not imply that there is an individual charge for each service.
Generally this has combined service or define services that can be used and facilities can be availed.
Initially it was used by newspapers, which clearly reflected that newspapers will be delivered no matter whether you read the newspaper or not.
Similarly in case of golf club, if the subscription period is 6 months it means that, the subscription will not be extended even if you play for continuous 6 months or you do not play at all.
Thus, this is clear that the fee or the price do not depend upon the volume of service used.
Answer:
The time inconsistency of policy implies that
a. what policymakers say they will do is generally what they will do, but people don't believe them because of current policy.
Explanation:
When the current policy of a decision maker does not agree with the current practice due to the passage of time because policies that were determined to be optimal before now are no longer considered to be optimal today and are not implemented, then there is said to be a problem of time inconsistency of policy. It generally happens in the formulation and implementation of monetary policies by the central bank.
Answer:
Look at explanation.
Explanation:
If they make music at guitar piano and harmonium then their music will be best .
They can earn money if they have soft voice with nice tune of music.
Answer: A merger results in reduced competition and a larger market share. Thus, the new company can gain a monopoly and increase the prices of its products or services
Explanation:
Answer:
1. Puts downward pressure on prices
2. maximizes total utility
Explanation: