Answer:
The income effect and substitution effect work in opposite directions and income effect is dominant.
Explanation:
In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.
The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.
In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.
A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.
Answer:
The value added by Boeing is equal to:A)$3.5
Explanation:
Value added is the difference between the price of product or service and the cost of producing it.
Steel 3,0M
Computer 2,5M
Tools 1,0M
Value Add 3,5M
Boeing 10 M
Option E, the A-E-I-O-U Model is expressed as "We should express our concerns about the conflict and suggest a solution"
<u>Explanation:
</u>
The Design of Conflict Management A-E-I-O-U, The "A-E-I-O-U" approach is used to address a range of standoffs: worker-to-boss, peer-to-peer, co-founder to co-founder, and stood for recognition, expression, identification, results, and understanding. It helps customers to be conscious of confrontations.
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A - Acknowledge: Assume that the other person is right and will resolve the dispute.
- E - Express: Acknowledge your beneficial intention and convey your own particular concern.
- I - Identify: Recognize what you want to do.
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O - Outcome: People react much more favourably because they can purchase into why their acts or behaviours change.
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U - Understanding: Mutual understanding is attained
<span>Both of these examples are illustrative of the "behavior" element of the assertive message format. These example are objective in that they only outlined what happened in a given situation. Although the second may appear to have an emotional connotation, it simply gives an objective impression of what happened.</span>
Answer:
A
Explanation:
the art of presenting merchandise in a creative way that helps the store reach out to people
(if its not a, then its d)
