The 2 percent increase in the price of food will increase the CPI by more because theportion of the market basket consisting of food is much larger than the portion consisting of diamond<span>rings</span>
Answer:
<u>A Straight re-buy situation </u>
Explanation:
Straight re-buy situation refers to a state wherein a consumer makes purchases of similar goods, from the same seller, with similar order quantity and for a similar price.
In most of the cases, the purchaser re-orders the previously placed order without paying much heed to the details of such order.
In the given case, the customer purchased supplies from the vendor from whom she had previously purchased, with similar order size and for similar amount. This represents a case of straight re-buy situation.
Answer:
false
it can increase instead of decreasing
Answer:
The correct answer is: True.
Explanation:
The basic or fundamental problem in economics is people have unlimited wants and needs and the resources are limited. These limited resources have alternative uses and are used to satisfy unlimited wants and needs.
These resources are to be used rationally in such a way that total utility or consumption derived is maximized.
Answer:
Assessment
Explanation:
Assessment is the most effective way to check the employee performance whether they are eligible for the process or not. It can be done only after the training program.
Therefore as per the given situation Quick Burger conduct the training program for employees that how to operate the new coffee-making system. So, after the training program Quick burger do the assessment to check the employee skills.
