<span>Short-run market supply and market demand determine the market price and output.
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Answer:
C.
EXPLANATION:
The reason for the answer choice is because knowing your competitors will make a company to differentiate their product or services in the market, either through superior quality, low prices or strategic branding, etc to be able to improve their customer base and market share.
Answer:
Product modification
Explanation:
Product Modification refers to the improvement of the existing products or even services making necessary changes in the characteristics, nature, size, packing and colour, etc., of the products so that the changes in demand of consumers may be dealt effectively.
Shawn made $32,500 last year. He is single with no children. He does not have any deductions to itemize. He should use the 1040 EZ Tax Form to file his tax return.
Explanation:
Return on income tax was the shorter version of the internal revenue service (IRS) 1040 method for Single and Joint Filers with no dependants. This form was meant for donations with basic tax conditions and was a quick and easy way to file taxes on income.
IRS Form 1040EZ is the most convenient form for filling up federal taxes with three exemptions you may use. You may be required to complete the 1040EZ application form if your taxable income amounts to under $10,000, you don't have any employers and you register as a single or married person.
As of 2018, the application for the revamped Application 1040 has been discontinued.
Answer:
I notice two possible issues here:
First, focusing on selling only the base model might increase total sales volume but might not increase profits. Generally, premium models are more expensive and yield a higher contribution margin. I might be wrong here because there is no mention to contribution margins, but generally things work differently. E.g. car salespeople do not usually offer the base model first, they generally show the highest trims.
Second, in countries like Japan, common goals for groups might work since the culture is much more collaborative between group members. But in the US, where performance and success is measured on a much more personal way, it might not work very well. It doesn't mean that team work is no good, but making the whole group responsible for reaching a certain sales goal is not adequate. Imagine that you manage to increase your sales by 15%, but since the total sales of the entire group didn't increase as much and didn't meet the stated goals. What will happen to you? Under normal conditions, increasing sales in such a way would probably result in a bonus besides higher sales commissions.