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Tamiku [17]
3 years ago
10

When businesses raise the price of a needed product or service after a natural disaster, this is known as .

Business
2 answers:
Anon25 [30]3 years ago
6 0

When businesses raise the price of a needed product or service after a natural disaster, this is known as price gouging. Price gouging is something that businesses do after a natural disaster when they know consumers are going to need a specific product or service so they raise the price because they know people are going to buy it anyways. An example of this is when they raise gas prices after a natural disaster, knowing people still need gas.

Annette [7]3 years ago
3 0

Answer:

price gouging

and it sucks

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Consumers will bear switching costs if: a. the benefits of adopting the new technology outweigh the costs of switching. b. switc
Katarina [22]

Answer: a. the benefits of adopting the new technology outweigh the costs of switching.

Explanation: Switching costs are defined as those cost the consumer pays as the result of changing brands or products, but can also be manifested in the form of time and effort spent during the switching process, the risk of disruption of business operations during the period of switching etc. and so therefore, switching costs can be monetary, psychological, effort-based, or time-based.

Companies with difficult-to-master products and low competition often times will use high switching costs to maximize profit by typically employing strategies that incur high switching costs on the consumer. Therefore, consumers will bear the costs of switching if the benefits of adopting the new technology outweigh the costs of switching.

3 0
3 years ago
You are Alex Moreno. What critical information do you think would be most helpful for the sales force to be able to access about
mafiozo [28]

Answer: Information concerning the customer is a key in keeping the customer.

Explanation:

The best tool Alex Moreno can give to his sales force to be able to have access between GCB and it's customer's would be any information on gaining accessibility. Information concerning the customer is a key in keeping the customer. With this information, they would be able to carry out an analysis and build their product and services and how it can be improved upon.

3 0
3 years ago
Belinda was involved in a boating accident in 2019. Her speedboat, which was used only for personal use and had a fair market va
Katen [24]

Answer: $200

Explanation:

To qualify as a Casualty loss, the event that led to the damage or destruction must have been unexpected such as an accident, hurricane, fire etc.

When calculating for the Casualty loss deduction, we simply deduct the money received from the insurance from the Adjusted basis,

Casualty loss deduction = Adjusted basis - Cash received from the Insurance company

= $14,000 - $10,000

= $4,000

Since it is After any limitations, we also deduct a cost per event floor of $100 and 10% of the AGI

=4,000 - 100 - (37,000*0.1)

= $200

Belinda's casualty loss deduction (after any limitations) is $200.

3 0
3 years ago
Using the 28/36 ratio, determine the maximum allowable recurring debt for someone with a monthly income of $4,850. A. $388 b. $7
allsm [11]

Recurring debt is the form of a due payment that occurs continuously as the amount of the money cannot be cancelled at the debtor's request it consists of the loan payment, alimony and child support.

$388 is the maximum allowable recurring debt.

<h3>What is the 28:36 ratio and how it is calculated?</h3>

The ratio states that a family should expend the utmost of 28% of its monthly earnings on entire housing expenditures but not additionally than 36% on complete debt service.

Given,

Monthly income = $4,850

  • <u>Maximum expense on housing expense</u> = 28% of 4850

\dfrac{28 \% \times \$4850}{100\%} = \$1358

  • <u>Maximum expense on total debt service</u> = 36% of 4850

\dfrac{36 \% \times \$4850}{100\%} = \$1746

  • Therefore, the maximum allowable recurring debt with a monthly income of $4,850

\$1746 - \$1358 = \$388

Thus, option A. $388 is correct.

Learn more about the 28:36 ratio here:

brainly.com/question/18250434

7 0
2 years ago
Although Janet has a Director (Communications) role within Zenith Fine Furnishings, for the special project she is working on he
bixtya [17]

Answer:

Middle level management

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Middle level manage staff act as intermediate between the workers and executive management. They are the channels through which workers communicate their needs, challenges, and so on to management.

Middle level managers also act as a source of information on expectation of executive management to the workers.

They are responsible for the performance of junior staff.

Janet in her role deals directly with non-management employees and essentially acting as a liaison between management and non-management employees. So she is a mid level manager.

5 0
3 years ago
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