Answer: C) Technical selling
Explanation:
Technical selling or technical sales is an act in which a sales person helps to address customer's needs by understanding what they needs which is a determinant of what product to buy.
Technical selling involves the sales personnel addressing the need of customers, explaining the type and features of the product they needs, network with them and make sure they are satisfied.
A technical sales person must have the ability for effective communication and have good interpersonal skills so as to maintain a good relationship with customers.
Answer:
An output that maximizes revenue and profits. If a firm can price discriminate, it will sell its product or service at a different price to every single consumer. Perfect price discrimination refers to pricing your product at exactly the highest amount that each individual consumer is willing to pay, i.e. consumer surplus disappears.
videoconferencing
What is Videoconferencing?
In order to facilitate simultaneous video and audio communication, a videophone combines a telephone with a video camera and a video display. The two-way or multipoint receiving and transmission of audio and video signals by individuals in various locations for real-time communication is known as videotelephony, sometimes referred to as videoconferencing and video teleconferencing. Instead than being used by lone users, videoconferencing promotes using this technology for group or organisational meetings. Both meeting technology, which can go beyond video into robots, and high-quality videotelephony systems, which aim to create the illusion that remote people are in the same room, can be referred to as telepresence (such as moving around the room or physically manipulating objects).
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Answer:
The answer is: If he pays the extra $400 needed to complete the repairs, DeShawn will reduce his losses to $100 ($900 - $1,000). It is better than losing $200.
Explanation:
If DeShawn sells the boat now for $400 he will have lost $200. But if he decides to complete the repairs on the boat, investing the extra $400, and sells the boat for $900, he will have only lost $100.
If he pays the extra $400 needed to complete the repairs, DeShawn will reduce his losses to $100 ($900 - $1,000). It is better than losing $200.
Answer:
C. Nonprice methods of rationing emerge.
Explanation:
Since the landlords can only rent the apartments on the regulated price, no matter how high the demand nor how low the supply, it is inevitable that certain rationing model would appear, that is not based on the cost of the apartment.
Perhaps the landlords would prioritize families to move in to their apartment, or maybe the landlords would prioritize individuals who are not from out-of-state. It is also possible to prioritize by other aspects, such as gender or race.