I think its B but im not sure.
Answer:
Answer is: ( ii ) and ( iv ) only.
Explanation:
In a perfectly competitive market , the process of entry and exit will end when the price equals minimum average total cost, resulting to zero economic profits at this point.
<em>Please note that the labeling of your options are not too clear, so pick the option that my answer correlates with. </em>
Answer:
d. a palter
Explanation:
Based on the scenario being described within the question it can be said that Kant would call this misleading statement a palter. This term refers to a statement that has been made ambiguous in order to hide the truth from someone or in order to avoid committing yourself to something. Which in this scenario "You" are trying to hide the fact that Bill is playing "hooky" from your boss.
Answer:
a. the demand curve will become flatter
Explanation:
<u>a. the demand curve will become flatter</u>
This means it will become more price sensitive and increases and decreases in the gasoline price will generate a greater increase or decrease in the quantity demanded over time.
<u>b and d without the precise formula for demand we can't be sure</u> that the new elasticity will impact the current equilibrium. It could happen or it could not.
c.- the demand curve will flatter, it will change it shape, not the location.
Answer: d.what customers want and what management thinks customers want.
Explanation:
The GAP model attempts to explain what is needed for customer satisfaction to be acheived.
It has 5 Gaps and the first Gap is being violated in the above scenario.
It deals with, The gap between Customer Expectation and Management Perception.
The First Community Bank management thought that customers wanted a relaxing space to conduct transactions whereas customers just wanted to go transact as quickly as possible and get on with their lives which points to a clear Gap between Management's perceptions of what customers want and what they actually want.