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mestny [16]
3 years ago
11

Which of the following reflects Falkenstien's "Platinum Rule"?

Business
2 answers:
Korolek [52]3 years ago
8 0

Look at the world from your perspective coustomers' prospective, and identify their needs and wants

Falkstien's Platinum Rule takes the golden rule one step further and says "treat others the way <em>they </em>want to be treated."

Crazy boy [7]3 years ago
7 0

Answer:

Look at the world from your perspective coustomers' prospective, and identify their needs and wants.

Explanation:

  • I've discovered it described The Platinum Rule (since it is deserving more than gold).
  • The Platinum Rule states we should perform unto others the direction they require us to perform unto them.
  • In other terms, you have to manage people the style they want to be managed, not the style you want to be managed.
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kobusy [5.1K]
I think the answer is A. Homes have the potential to appreciate in value over time. 
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3 years ago
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What is one way the government tries to attain positive externalities?
Jlenok [28]

One way of representing attaining the positive externality by the government is through the promotion of education.

Option D is the correct answer.

<h3>What is an externality?</h3>

When the cost or advantage is received by a third party that is not related to the economic activity, then it is considered an externality.  

A positive externality is the arousal of a positive effect on either production or consumption. The act of penalizing a company for pollution, imposing taxes on citizens earning more than $250,000 and the reduction in rates of interest would all be classified as negative externalities.

Therefore, the encouragement of education by the government is regarded as a positive externality.

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4 0
2 years ago
What is the real interest rate if the current nominal interest rate is 10% and the inflation is 6.5%
frez [133]

Answer:

65.0

Explanation:

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3 0
2 years ago
1. You and your best friend are brilliant entrepreneurs who are considering opening your own business tutoring struggling colleg
Anuta_ua [19.1K]

Answer:

a. Accounting profit for the business = $3,500

b. Economic loss = $1,000

c. The two friends can open the business and incur economic loss of $1,000 in the first year of operation.  In subsequent years, the revenue may increase to generate better economic profit.  This is the labor, risk, and reward of entrepreneurship.

d. If the two friends do not go ahead with the business because of the economic loss they suffer in the first year of operation, then they cannot be regarded as entrepreneurs.  They are merely laborers who cannot assume any risk for greater rewards tomorrow.

Explanation:

Cost of business per month:

Operating expenses = $4,000

Lease of building =        2,000

Total expenses =        $6,000

Revenue =                 $10,000

Accounting profit       $4,000

Economic profit:

Revenue =               $10,000

Total expenses =     $6,000

Opportunity costs:

Lost salaries              4,500

Lost Interest                500

Total costs             $11,000

Economic loss =     $1,000

4 0
3 years ago
Outdoor Adventure, a company that designs and manufactures sportswear, focuses their marketing efforts on people who participate
fiasKO [112]

Answer:

psychographic factors to segment its market  

Explanation:

Psychographic segmentation -

It is the method ,  by which the customers are characterized according to the characteristics and personalities , is known as psychographic segmentation.

The method is adapted to increase the sale of a particular product , as the organisation focus on certain particular people and take care of the demand and needs .

Hence, the correct term according to the given scenario of the question is psychographic factors.

8 0
3 years ago
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