Unlike conventional mail, email can send your complaint
within minutes or seconds to the company.
This is the reason why use of email has become popular. The reaction to act on the complaint will
depend on the company. Sending an email
does not guarantee that they will act on it right away.
Answer:
The answer is: $0
Explanation:
Producer surplus is the difference between the maximum price a suppler is willing and able to sell its product and the price of the product.
SoHee was willing to sell her car for at least $1,500, but she wasn't able to do so since the fair market price is $1,200. So, producer surplus is $0.
Answer:
62.50 units
$3,866.25
Explanation:
The price function is:
Profit as a function of quantity (P(Q)) is given by:
The quantity for which the derivate of the profit function is zero is the profit maximizing quantity:
The profit-maximizing quantity is 62.50 units
The economic profit for this production volume is:
The firm earns a profit of $3,866.25.
Answer:
-All else equal, an increase in the discount rate decreases the present value and increases the future value of an annuity.
Explanation:
An annuity refers to payments received at a regular interval, e.g. monthly or yearly payments. Annuities can be divided into two types:
- annuity due: payment is received at the beginning of the time period, e.g. rent received at the beginning of the month
- ordinary annuity: payment is received at the end of the time period, e.g. you receive your salary at the end of the month
in order to calculate the present value of any future cash flow (including an annuity payment), you can use the present value formula for each individual payment ⇒ PV = FV / (1 + r)ⁿ. The higher the discount rate r, the lower the present value. When you want to calculate the future value, the opposite happens, the higher the r, the higher the future value.
<h2>Provisional communication is the right answer</h2>
Explanation:
This involves acknowledging other point of view and willingness to listen and consider. So Provisional communication is the right answer.
Control communication:
Control over the entire process so that the expectation of the customer are satisfied.
Problem orientation:
Focused mainly on solving issue rather than finding reason behind.
Empathy:
Communicating ideas such that others understand it better.
Neutrality:
Communication will be threatening to the listener.
