Answer:
A. marketing research.
Explanation:
Procedures that develop and analyze new information to help marketing managers make decisions are called marketing research.
By definition, Marketing Research is the systematic collection, analysis, and interpretation of data pertaining to the marketing conditions.
The basic reason for carrying out the marketing research is to find out the <u>change in the consumer behavior due to the change in the elements of the marketing mix</u> (product, price, place, promotion).
Answer:
The marginal product of automatic elevator equipment divided by its price was greater than that for elevator operators
Explanation:
Since in the question, it is mentioned that the automatic elevator introduction permit the firms to handle the movement of the people at least cost also it declines the demand for the operators of the elevator
This represents that the marginal product of elevator equipment would be divided by price and also it is more than for operators who are dealing in elevators
Answer: A: the time required for monetary policies to take effect
Explanation:
The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.
For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.
Answer:
liquidated damages
Explanation:
Based on the information provided within the question it can be said that the $150 per day is called liquidated damages. This term refers to a set amount of money that both parties agree upon when signing a contract. This money is then paid out by the company being contracted if they breach the contract, such as is the case in this situation by not completing construction by the due date. The amount specified is meant to reflect the damages that the contractor would have to deal with if the contract is not met accordingly.
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Answer:
The answer is b. the market clearing price definitely rises, and the equilibrium quantity is indeterminate.
Explanation:
If the supply decreases ( supply curve shifts to the left) and demand increases (demand curve shift to the right), the market price increases.