Damian is a sales person at Ulta store. He guides his customer about the eyeshodow palette and help make him decision.
This is an example of Personal Selling.
<h3>Personal Selling:</h3>
It is a technique in which a store has various salesperson who guides their customers by using their interpersonal skills. It is a face to face selling technique.
In this scenario Damian helps his customer to make a buy decision about an eye shadow palette. He guides his customer and tries to satisfy him with his marketing skills.
The correct answer is Personal Selling
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Answer:
b. Britain (France)
Explanation:
The nominal exchange rate is the rate at which an individual can trade the currency of his country for another country.
According to the numbers given for exchange rates, the real exchange rate between American and foreign goods is lowest with Britain.
Answer:
Expectancy Theory
Explanation:
The expectancy theory basically talks about how individuals will behave or react in a certain way because they are motivated and as a result choose to act in accordance or react to specific situations due to what they expect the results to be.
The waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price. Therefore, making the full price equal to $5 for each buyer clears the market.
<h3>What is the price ceiling?</h3>
A price ceiling is a price control mechanism by the government to intervene in the market forces of demand and supply by setting a maximum price.
While price ceilings are imposed to make prices low for consumers, it may cause shortages in the quantities supplied.
Thus, the waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price.
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Answer:
1. In first example, supply curve moves to the left. Delivery curve moves to the left as supply is heading downward due to variables apart from rate change. In this scenario, the cost of output rises due to the current penalty, and vendors will be able to produce less at the same amount.
2. In second scenario, businesses are prosecuted for contaminating river water, rises in manufacturing prices and vendors will be able to produce worse at the same amount. The output curve then shifts for its left.
3. In third case the output curve will remain the same. That's since the quantities given does not change.
4. In this situation, the harm done by drilling must be cleaned up by the businesses. Hence, production cost rises, and vendors will be willing to provide worse at the provided price. The supply curves then shifts to the left.
