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Ket [755]
3 years ago
8

When the price of ground beef increases and all else is held constant, we would expect the supply of hamburgers to ___________,

causing the price to ____________. a. decrease: increase b. decease: decrease c. stay the same: stay the same d. increase: increase e. increase: decrease
Business
1 answer:
rewona [7]3 years ago
6 0

Answer:

Option (a) is correct.

Explanation:

When the price of ground beef increases, this means that there is an increase in the cost of production of hamburgers because the beef is used as an input in the production of hamburgers.

So, an increase in the price of beef will result in a decrease in the supply of hamburgers because it will become less profitable for the suppliers and this will also shifts the supply curve leftwards.

Hence, this lower supply of hamburgers will cause the price of hamburgers to rise.

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Best buy trains its sales staff on dell computers as well as on apple computers and also on customer service etiquette. a salesp
Citrus2011 [14]

A salesperson at best buy speaking with a customer is an example of <u>interpersonal marketing communication</u>.

Interpersonal communication in marketing is approached from an angle that focuses on communication signs. A typing scheme is supplied and applicable literature is surveyed. directions for destiny research are suggested. An enormous percentage of marketing communications involves face-to-face interaction.

When it comes to basic elements of interpersonal communication, the various varieties of possible conversation will cluster underneath 4 fundamental classes: verbal, listening, written, and nonverbal conversation. allow's have a look at these interpersonal verbal exchange concepts in more detail.

Interpersonal skill for marketing is essential for advertising and marketing specialists accountable for interacting with customers to increase high-quality customer support at all levels of creating a sale. Interpersonal talents used to construct wonderful purchaser members of the family consist of three fundamental factors: empathy, honesty, and conversation.

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6 0
1 year ago
A real estate licensee specializes in helping both buyers and sellers with the necessary paperwork involved in transferring prop
ivanzaharov [21]

Answer:

Transactional broker

Explanation:

Transaction brokers are real estate professionals that offers their services to buyers and sellers, also are called facilitators.

They act in a neutral capacity as they are not agents of the buyer and seller. Instead they act as mediators between the two when transaction is taking place.

Not all states allow such non-agency practices of transaction brokers.

Transaction brokers usually handle details like preparing an offer, determine market price, and writing of contract to buy or sell. They do not get involved in negotiations

8 0
3 years ago
You want to buy a house and will need to borrow $255,000. The interest rate on your loan is 5.89 percent compounded monthly and
Brut [27]

Answer: $1,626

Explanation:

A Mortgage payment is a type of annuity so the Present Value of an Annuity formula can be used to calculate this.

The Period is 12 months so adjustments need to be made to the interest rate and the period.

Period.

= 25 years * 12 months

= 300

Interest Rate

= 5.89/12

= 0.4908%

Present Value of the Annuity is the mortgage amount of $255,000

Present Value of Annuity is,

P = PMT ( 1 - ( 1 + r)^-n) / r

Where,

P = Present Value

PMT = payment per period

r = Interest rate

n= no. of periods

255,000 = PMT ( 1 - (1+0.4908%)^-³⁰⁰) / 0.4908%

255,000 = 156.8456 PMT

PMT = 255,000/156.8456

= $1,625.80

= <u>$1,626</u>

4 0
3 years ago
A restaurant is busy in the summer months but fairly slow in the winter months and has trouble earning enough revenue to pay the
xz_007 [3.2K]
That type of expenses or costs are called Operating expense or more commonly knwon as OPEX. This is an ongoing flow of cost for running a business or a  system. In those expenses we can include rents, utilities, and management salaries. Basically stated, <span> this is the </span>money<span> the restaurant spends in order to turn </span>inventory<span> into performance</span>
8 0
3 years ago
The under-supply problem associated with free-riders and goods can be solved by making the good or service more .
Cloud [144]

the under-supply problem associated with free-riders and public goods can be solved by making the good or service more excludable

What is public goods ?

A public good is a good that is both non-excludable and non-rivalrous in economic terms. Users cannot be denied access to or use of such goods for failing to pay for them. Furthermore, use by one person neither prevents nor reduces the availability of others.

A public good is a commodity or service that is made available to all members of a society in economics. These services are typically administered by governments and funded collectively through taxation. Law enforcement, national defense, and the rule of law are examples of public goods.

Defense, lighthouses, streetlamps, and clean air are all examples of public goods. They are all non-exclusive and non-rivalrous in terms of the public good.

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brainly.com/question/25498461

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5 0
2 years ago
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