Answer:
There are certain key points that a service provider should always keep in mind while communicating with their customers. Those points are explained in the below mentioned explanation part of the answer.
Explanation:
- Create the best first impression with their customers by greeting them with great lines.
- Always stay polite and kind throughout the conversation.
- Listen patiently and address each of their doubts in an easy and understandable way possible.
- Do not waste time in any sort of random gossip as that might irritate the customers.
- Most importantly always stay positive throughout the conversation as this might create a great impact.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Production and sales estimates for April are as follows: Estimated inventory (units), April 19,000 Desired inventory (units), April 30 18,000 Expected sales volume (units): Area 3,000 Area 4,750 Area 4,250
Production:
Sales= 12,000
Ending inventory= 18,000
Beginning inventory= (19,000)
Total= 11,000 units
Answer:
C.
Explanation:
Being an editor for a local newspaper counts as an economic sense because that is the only part that takes part as a job and helps the economy.
Answer:
Profit Maximisation
Explanation:
Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.
Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity
Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.
Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.
Answer:
If property rights are not well enforced, all of the following are likely to occur except;_________
A. a significant number of people will be willing to risk their funds by investing them in local businesses.
Explanation:
Other options are likely to occur, except option A. Investors cannot risk their capital investing in the local economy. This is the fate of an economy where property rights are not protected. This also underlines the need for each government to ensure that property rights are recognized and legally protected.
