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Leokris [45]
3 years ago
9

All of the following costs are likely to decrease as a result of better quality EXCEPT: a. customer dissatisfaction costs. b. in

spection costs. c. scrap costs. d. warranty and service costs. e. maintenance costs.
Business
1 answer:
Margaret [11]3 years ago
5 0

Answer:

The correct answer is letter "E": maintenance costs.

Explanation:

As a result of improving products' quality, maintenance costs tend to rise. This scenario arises because the materials or knowledge necessary to improve the quality of the products tend to come with higher prices that companies are pushes to incur to keep customer satisfaction at its maximum level possible.

You might be interested in
Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d
IrinaK [193]

Answer:

Option (a) and (c) are correct.

Explanation:

We know that rent control is an example of price ceiling. If the price of apartments set below the equilibrium price level then there is increase in the demand for apartments. So, the demand for apartments exceeds quantity supplied at the prevailing market price.

(a) Therefore, the quality of rental housing falls because of the lower price of the apartment. As this will become less profitable for the landlords, so they are least interested in the maintenance of the apartments.

(b) This will also lead to develop black market. The landlords are trying to fool the higher authorities and rent their apartments at a higher cost because this will be done without any type of legal documentation of the apartments or results from the manipulation of the rules.

6 0
3 years ago
Which player in the economy supplies labor in the factor market?
djyliett [7]

The player in the economy that supplies labor in the factor market is households.

Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market."

The factors of production—raw materials, land, labor, and capital—are what are required to meet these needs.

The input market is another name for the factor market.

By this definition, all markets fall into one of two categories: those that provide businesses with the resources they require, or those that provide consumers with the goods and services they need to make purchases.

The market for finished goods or services is referred to as an output market, whereas a factor market is referred to as an input market.

This can be seen as a closed-loop flow where households are sellers and businesses are buyers in the factor market and vice versa in the market for goods and services.

Hence, The player in the economy that supplies labor in the factor market is households.

Learn more about supply:

brainly.com/question/4804206

#SPJ1

5 0
2 years ago
Samuel, a marketing manager, recently attended a management workshop where he learned of mihaly csikzentmihalyi's view that the
pishuonlain [190]
The answer that will fill in the blank is the emotional zone somewhere between boredom and anxiety. It is because this is what the view of mihaly csikzentmihalyi's believes. The other choices does not corresponds to the answer or not connected to his beliefs for they were not included to his view of what the people seek. 
8 0
3 years ago
A broker, acting as the agent of a seller, must deal honestly and fairly with whom? Group of answer choices
Doss [256]

Answer:

Everyone involved in the transaction

Explanation:

As an agent of the seller, the broker has a fiduciary duty with the seller (principal) to act of behalf of his/her best interest.

But the broker must also act honestly with the buyer, if the broker closes a deal using dishonest or unfair practices, e.g. forging documents, then the buyer might claim damages from both the broker and the seller.

And of course the broker should also make sure that his/her own rights are respected and his/her work is properly paid.  

8 0
3 years ago
What's the future value of an investment of $1 a year for each of 4 years, at the end of the last year? Suppose the interest rat
Wewaii [24]

Answer:

4.51

Explanation:

We have to calculate fva. The future value of annuity

Here is the formula

Fva = A [( + I)^n-1/I]

Where a = annuity

I = interest rate

N = number of years

Inserting into formula

1[(1+0.08)^4 - 1/0.08]

= 1[(1.36049 - 1)/0.08]

= 4.51

Therefore the future investment is $4.51

3 0
3 years ago
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