Answer:
cutting prices reduces gross margin that may be difficult to recover
Explanation:
This is the case because cutting prices reduces gross margin that may be difficult to recover. A company's gross margin is the sales revenue they retain after paying off all of the direct costs associated with producing the various goods it sells. This happens because customers get accustomed to the low prices and tend to hesitate and not buy the company's products when they are priced higher, thus making it very difficult to recover their previous gross margin.
Answer:
d. both the income and substitution effects encourage the consumer to purchase less of the good.
Explanation:
The income effect is the effect on the income when there are price changes. When the price increases, people can buy less products with the same income which means that the consumer will be encouraged to purchase less goods.
The substitution effect says that an increase in the price of a product will make customers to buy other similar products which will make them to purchase less of the good with the higher price.
Answer:
A project has just begun under your supervision and the main objective of this project is to launch an application that instructs how to play harmonium and the budget for this project is around fifty thousand. Many team members have tried giving their opinions/suggestions about this project at initial level. Since you are the leader and you have the authority to take every major and minor decision.
Keeping in mind software engineering code of ethics and principles, explain in detail how will you consider S/E
Explanation:
A project has just begun under your supervision and the main objective of this project is to launch an application that instructs how to play harmonium and the budget for this project is around fifty thousand. Many team members have tried giving their opinions/suggestions about this project at initial level. Since you are the leader and you have the authority to take every major and minor decision.
Keeping in mind software engineering code of ethics and principles, explain in detail how will you consider S/E
The answer is b. false.
In the absence of a partnership agreement on fixed duration, the Partnership Act 1890 may apply.
<span>Under the Act, a partnership will be automatically dissolved if: a partner dies</span>
<span>· </span>a partner becomes bankrupt;
<span>· </span>the court orders it to be dissolved;
<span>· </span>it's illegal to carry on the business of the partnership;
<span>· </span><span>the partnership was created meet a goal and this specific objective or the project is complete; or</span>
<span>a partner gives notice to dissolve the partnership to the other partners. The </span>
