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Irina-Kira [14]
3 years ago
6

Suppose there is a major technological advance in the production of a good that causes production costs to fall. If demand for t

he product is relatively inelastic, what will happen in the market? Price will relatively decrease greater than the increase in quantity. Price and quantity will change by the same amount. Price will relatively decrease less than the increase in quantity.
Business
1 answer:
victus00 [196]3 years ago
6 0

Answer:

major key

Explanation:

the decrease of the price and quantity

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Wesley has recently graduated and accepted his dream position with a law firm. The human resources team has requested that he tu
artcher [175]

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The name of the document is Curriculum Vitae.

Explanation:

Curriculum Vitae  (CV) is a document that provides detail information about an individual's educational and work history. In this document, you list the qualifications to apply for employment.

There are no fixed rules on the length and content of a C.V. Generally it follows the next structure. Begin with your contact information, such as your complete name, address, telephone number, and email address. You must also indicate your area or areas of academic interest. It should include a personal profile, career objective, and professional profile, it’s a short paragraph giving prospective employers an overview of who you are and what you’re all about.

Focus on your experience and educational background, for example, schools attended and degrees earned, your CV should include a comprehensive account of your academic history.

You can add sections like key skills, hobbies, interests, and references.

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You are an experienced small business owner who would like to become a franchisee of Quick Burger, a nationwide franchise of fas
ArbitrLikvidat [17]

Answer:

In the situation in question, there are various things that need to be settled until the license contract is signed into. The first problem is the clarification on the territorial features of the company when separate branches of the very same network run which that create friction.

The second problem is the range, vocabulary, and style of franchise marketing strategies as heavy marketing, may damage one another's franchise consumers, and may harm the company in general. The third problem is the localisation-based exchange of information with both the franchise.

Whether it be the unified business center or customers that decide. Not considering it, could hurt the new franchisor. The fourth problem seems to be the exchange with other franchises of company data or data from my current customer base to support them.

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3 years ago
Fidelity Investments is the second largest mutual fund and financial services group worldwide. It has various offices in cities
mel-nik [20]

Answer:

Intangibility

Explanation:

Intangibility means a service that is not physical and therefore cannot be touched. Products are tangible and services are intangible in nature. Intangibility of services is gotten from the fact that a service cannot be seen or touched. A service is carried out and delivered on spot therefore it cannot be measured as easily as a tangible product.

A lot of problem are encountered in service marketing as a result of intangibility of services. Tangible elements have to be added your service to supplement your marketing strategy.

Another problem that arises from intangibility of services is that services cannot be stored.

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3 years ago
Read 2 more answers
Luthan Company uses a plantwide predetermined overhead rate of $22.20 per direct labor-hour. This predetermined rate was based o
nalin [4]

Answer:

The amount of manufacturing overhead cost that would have been applied to all jobs during the period is $279,720

Explanation:

The computation of the amount of manufacturing overhead is shown below:

= Predetermined overhead rate per direct labor-hour × total direct labor-hours

= $22.20 × 12,600 direct labors

= $279,720

Since the predetermined overhead rate is already given in the question, so there is no need to recalculate it and the other items which are mentioned are not relevant for the computation part. Hence, ignored it

6 0
3 years ago
Market segmentation involves aggregating prospective buyers into groups that have common needs and will
elixir [45]

Answer:

respond similarly to a marketing action.

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Market segmentation is the strategy of marketing that involve dividing the consumer market on the basis of similar taste, interest, age, location, needs or any other factors which are common. It help the company to customize the product and reach maximum customer to gain market share.

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