Answer:
(a) The cost in dollars of all the main-floor seats that were sold: 42m + 25b. (b) The total number of seats that were sold for the performance: m+b.
Explanation:
Its understood that 1 tickect is equal to 1 seat, therefore the number of seats = number of tickets regardless of the type of seat. With this assumption, the algebraic expressions can be done.
Answer:
<h3>P3 and Q3
</h3>
The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.
Explanation:
Exhibit 9-4 Refer to Exhibit 9-4.
Assume the economy is self-regulating and currently is in long-run equilibrium with the price level equal to P5.
If something happens that shifts the AD curve to the AD1 position, the economy will eventually settle down at a long-run equilibrium point of __________. Question 6 options: P5, Q3. P4, Q4. P3, Q3. P3, Q5. P4, Q2.
<h3>P3 and Q3
</h3>
The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.
Answer:
The answer is below.
Explanation:
Most likely to do:
"Ask your store Manager if you can hold the markdown price for them so they can get it for the same price when it is back in store."
Doing the above will ensure you retain the customer's trust, and while you didn't direct your customer to a competitor, which is detrimental.
Least Likely to do:
"Offer to provide the address and phone number for the nearest store, and explain that stores get frequent shipments with new items."
Doing the above is detrimental to your store, as you will be sending your customers to a direct competitor.
Answer:
d. refers to how a firm does something unique to create added value.
Explanation:
The competitive advantage is the advantage that is gained by the company over its competitors. It can be gained through various things like - reasonable product, best quality, and quantity, great services through which the customers of competitors could be the shift to the company.
The motive of this is to create some value added to the company products by considering the innovative ideas to attract the customers and maximize customer satisfaction that results to accomplish the company goals and objectives.
