Answer: The correct answer is "c. employs customer relationship management strategies.".
Explanation: Customer relationship management strategies involve a management model of the entire organization, based on customer satisfaction (or market orientation according to other authors). It is an approach to manage the interaction of a company with its current and potential customers.
Yes, not all sources are reliable.
Answer:
a comparison of the current price of a market basket to a fixed point of reference.
Explanation:
A price index measures how prices change over time. It is a measure of inflation. It compares the current price of a market basket to a fixed point of reference or a base point.
Inflation is a persistent rise in the general price levels
types of price indexes
1. Producer price index measures the goods and services produced. this would not increase because it is used cars that is being examined
2. The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
Answer:
Deep Recession - HEALTH CARE
Healthcare are not really affected by the economic cycle because humans will always need healthcare. Even in a deep recession therefore, Health Care would still thrive.
Superheated Economy - STEEL PRODUCTION
Steel production benefits from a superheated economy because more steel would be needed for production and building projects and it will therefore be in high demand making this industry quite lucrative in a Superheated economy.
Healthy Expansion - HOUSING CONSTRUCTION
Mild inflation means mild interest rates as well and with a rising GDP and low inflation, people are able to get more loans for construction and so Housing construction would do best in such an economy.
Stagflation - GOLD MINING
In such an economy where inflation is high and probably rising, gold and other precious minerals like silver tend to do well because they are considered safe haven assets in that they will increase in value when there is inflation but rarely fall past a certain value when there isn't.
Answer:
$10.10
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
Consumer surplus = willingness to pay of a consumer - price of the good
Producer surplus is the difference between the price of the product and the least price the producer is willing to sell his product
Producer surplus = price of the product - least price the producer is willing to sell his product
Consumer surplus
Jeff : $7.25 - $5 = $2.25
Samir: $9 - $5 = $4
Total consumer surplus = $2.25 + $4 = $6.25
Producer surplus
Ist manufacturer = $5 - $3 = $2
2nd manufacturer = $5 - $3.15 = $1.85
Total producer surplus = $2 + $1.85 = $3.85
Total social welfare = $3.85 + $6.25 = $10.10
I hope my answer helps you