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3 years ago

Identify which of the below factors will achieve great results with your client:a. feedbackb. quality work

Business

1 answer:

Sonbull [250]3 years ago

7 0

Answer:

The correct answer is letter "B": quality work.

Explanation:

The quality of a good or service determines if the standard expectation of a product is met according to a consumer. Typically, when the good or service has above-standard quality, consumers are likely to purchase it regularly. The opposite happens with below-standard goods or services: consumers stop buying them.

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The Commerce Ministry of a country conducts regular surveys on goods and services sold within the country. Researchers at the Mi

denpristay [2]

Answer:

The correct option is C.

Explanation: Price elasticity is the measure of the rate of change in the level of quantity demanded due to a change in the level of price.

Price elasticity is usually negative, this means that it follows the law of demand; as price increases quantity demanded decreases.

Also, another incidence that can affect price elasticity is an availability of cheaper alternatives. If cheaper alternatives of a particular product are introduced into the market, the demand for that product will reduce, because consumers will abandon it for its cheaper alternatives, thereby driving the elasticity of that product higher.

Therefore, in the scenario given above, the elasticity is higher than -1.2 because there are new brands that have just been introduced into the market.

6 0

3 years ago

An unfinished desk is produced for $35.65 and sold for $64.20. A finished desk can be sold for $76.00. The additional processing

Grace [21]

Answer:

Differential revenue from further processing:

= $11.80.

Explanation:

a) Data and Calculations:

Cost of production of an unfinished desk = $35.65

Selling price of an unfinished desk = $64.20

Selling price of a finished desk = $76.00

Additional processing cost = $6.15

Revenue per finished desk $76.00

Revenue per unfinished desk 64.20

Differential revenue $11.80

Differential cost per desk:

Cost of unfinished desk $35.65

Additional cost for producing 6.15

Differential from further processing $41.80

Unfinished Finished Differential

Revenue $64.20 $76.00 $11.80

Cost of production (35.65) (41.80) (6.15)

Net income $28.55 $34.20 $5.65

4 0

3 years ago

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is _____.

hoa [83]

Answer: largely efficient

Explanation:

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is largely efficient.

According to the strong-form hypothesis of the efficient market, when there is an efficient market, all the private and public information would be reflected in the prices of the stock.

5 0

3 years ago

Which is not one of the five fundamental questions?

astra-53 [7]

Economics in many cases is an exact science, but usually it is a practical one that has applications. Thus there are some practical goals that need to be answered with the use of economics and an easy to summarize form of them are the five fundamental questions of economics. 3 of the choices above are such fundamental questions; determining the way of production, the receiver of the production as well as the ways in which the economic system can change are of fundamental importance to the science of economics. The other 2 questions are: What products will be produced ? and How can we foster progress?
Choice d is a pretty important question too (that falls somewhat under a) but the fact that it mentions the government specifically makes it less general than the other propositions so it is not a fundamental question.

7 0

3 years ago

Which of the following indicates the financial position of a practice at a point in time and shows its assets and liabilities? A

adell [148]

Answer:

The correct answer would be C, Balance Sheet.

Explanation:

A balance sheet is a document, which contains information about the Assets, Liabilities and owner's Equity of a firm, company or an organization. There is a predetermined format to write a Balance Sheet. There are two sides in this statement. One side contains Assets and Liabilities of the Company, whereas the other side contains the Owner's Equity in a particular point of time. This statement summarizes the financial balances of an individual organization. There are other financial statements of the company as well like Income Statement, cash flow statement, etc, but Balance Sheet is considered most appropriate to have a look at the assets, liabilities and equity of the company at a specific point of time.

8 0

3 years ago