Answer:
The correct answer is letter "B": skimming.
Explanation:
Price Skimming is a strategy that unveils a product that customers will pay for at the highest price. Price Skimming aims at large profits that allow a business to rapidly recover the costs of development. If that product is inelastic -<em>does not change in quantity demanded when price changes</em>, the manufacturer has more reasons to try to set the price as high as the consumer is willing to pay.
A decrease in the price of complementary goods will shift the demand curve rightward.
A decrease in the price results in increase in demand for a good. Or a rightward move in the demand curve results an increase in both price and production of a complementary good in an economy.
When the price of a complementary good decreases, the quantity demand for that good increases, but the demand for the good that it is being complemented, decreases.
Complementary Goods refers a negative relationship with each other – which means that when price of the product 'A' increases , demand for product 'B' decreases. when price of product 'A' decreases , demand for product 'B' increases. Because in such a case more people now buy product 'A' because of the lower price. This relationship of complementary goods is known as ’negative cross-elasticity of demand.
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Personal ownership of resources exists in capitalism and command economies.
Ownership is the legal proper to possess something. An instance of ownership is possessing a selected house and property. noun.
Ownership refers to the felony proper of an character, group, agency or government to the ownership of a thing. The difficulty of ownership is of types cloth and immaterial things. material possession is that which is tangible like belongings, land, vehicle, e-book, and many others. A shareholder is someone, employer, or institution that owns at least one share of a company's inventory or in a mutual fund. Shareholders essentially own the organization, which comes with certain rights and obligations. This kind of possession allows them to acquire the blessings of a commercial enterprise's success.
Ultimately, taking ownership is vital because it builds consideration, assistance, and bonds with humans you care about. A group cannot thrive without a subculture of responsibility as it's what continues everybody operating together toward a collective, described organizational undertaking.
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<span>This system uses what is called career-banding. This system identifies employee competencies, reduces the number of job titles and simplifies the management process. It also allows and employee to move within their pay range while allowing managers to have a say in compensation and will hold them accountable to their decisions.</span>
The correct answer is C. It is money paid by a consumer to share the cost of a payout.
Copayment is termed as the amount which is fixed which covers a service or being paid by a patient to the provider before the service is being received.
Mostly copayment occurs in insurance companies whereby the insured pays some amount of money before accessing to medical service.
In order to prevent moral hazard bu insurance company they use copayment so as to share the costs of health care.
