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3 years ago

Successful consultative salespeople create value by helping customers understand ________.

1 answer:

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Successful consultative salespeople create value by helping customers understand their problems and help them find ways to overcome them. They add value to what they are selling to the customer by paying attention to what the customer needs. They are aware and attentive to their clients.

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According to the income effect, when the price of automobiles rises, people buy fewer automobiles because a. the nominal amount

belka [17]

Answer:

b. the purchasing power of their income is reduced.

Explanation:

Income effect is defined as the change in demand of a product that is a result of change in purchasing power of an individual, there are changes in real income.

When there is price increase the number of goods an individual's income can buy is reduced, so his purchasing power reduces. He will demand less of the good.

When there is a reduction in price purchasing power increases and customer can demand for more of the good.

In this scenario the increase in price of automobiles results in reduction in purchasing power, and reduction in amount demanded.

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3 years ago

Read 2 more answers

What does it mean when the feds lower interest rates

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Interest rates are lowered by the Fed in order to boost economic development. Reduced finance costs might entice people to borrow and invest. When interest rates are excessively low, however, they might stimulate excessive growth and perhaps inflation. On the other hand, if growth becomes excessive, the Fed will boost interest rates.

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3 years ago

Parkway Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory

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Answer:

$ 13.167 / unit

Explanation:

Data provided:

Beginning material cost = $ 126,000

Number of units in work in progress = 12,000 units

Material cost assigned = $ 32,000

thus,

the total material cost involved = $ 126,000 + $ 32,000 = $ 158,000

Now,

the material cost per equivalent unit = Total material cost involved / number of units

on substituting the values, we have

the material cost per equivalent unit = $ 158,000 / 12,000

= $ 13.167 / unit

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3 years ago

Suppose the commercial banks keep no excess reserves, and people deposit all the money they receive into the banking system. Sup

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D how much did money supply Chang’s

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3 years ago

Victor Mineli, the new controller of Blossom Company, has reviewed the expected useful lives and salvage values of selected depr

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a. Based on the information given the revised depreciation is:

Building $1,250

Warehouse $5,993

b. Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building $13,375

a. Victor Mineli Revised depreciation

Revised depreciation for Building

Building= ($700,000-$129,900-$35,100)/40

Building= $535,000/40

Building=$13,375

Revised depreciation for Warehouse

Warehouse=($115,000-$22,100-$3,000)/15

Warehouse =$89,900/15

Warehouse=$5,993

b. Journal entry

Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building $13,375

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3 years ago

Successful consultative salespeople create value by helping customers understand​ ________.

Successful consultative salespeople create value by helping customers understand ________.