Answer:
Shopping products
Explanation:
Shopping products usually involves the customer doing comparison shopping as customer like to compare price, quality, offers, discounts etc. There are several websites which help the customer in comparing the products available of various brands and then buying the product. It is helpful in making smart purchase and buying the products which are worth for the money spent. It give complete analysis of product quality and price.
Answer:
Justin's company should prepare to demonstrate that it is ISO 14001 compliant.
This means that it is following the environmental management standards for environmental footprint and waste reduction, while promoting environmental sustainability in its operations.
Explanation:
ISO 14001 is one of the environmental management standards, prescribed by the International Organization for Standardization (ISO), "to help reduce environmental impacts, reduce waste, and make the environment more sustainable," according to the ISO website. ISO 14001 specifies requirements for an effective environmental management system (EMS) by providing a follow-able framework.
Answer:
It implies there are diseconomies of scale.
Explanation:
It implies there are diseconomies of scale in the industry
Because as the quantity of units output increase, the cost also increase. While in economies of scale, the slope for the LRAC will be negative, as each increase in output lowers the cost.
When this occurs, there is a lower change of monopoly in the industry, as the larger firm also faces the larger cost, so the supply tend to be more diverse.
While a, indifined negative slope will generate monopolies as their cost become lower at gerater the output.
Answer:
1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.
2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.
Explanation:
Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.
In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.
Answer:
Gabbie is in the Information Search phase of the consumer decision process. This is the second phase.
Explanation:
The Consumer Decision Process is a situation in which a consumer passes through the phases listed below in order to make a final purchase decision.
1. The first phase where the consumer recognizes a need they have to fulfil.
2. The second phase in which Information search is carried out in order to determine how best to meet this need.
3. The third phase which Alternative Evaluation phase. Here, the consumer evaluates each medium that can fulfil their needs.
4. The fourth phase, which is the decision making phase. Here, the consumer makes their purchase decision based on the evaluation of alternatives in the previous phase.
