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Step2247 [10]
3 years ago
6

Price serves the function of _____ for goods, services, and financial resources.

Business
1 answer:
Blababa [14]3 years ago
7 0
Allocator- Price thus serves the function of allocator. First, it allocates goods and services among those who are willing and able to buy them. (As we noted in Chapter 1, the answer to the economic question “For whom to produce?” depends primarily on prices.) Second, price allocates financial resources (sales revenue) among producers according to how well they satisfy customers’ needs. Third, price helps customers to allocate their own financial resources among various want-satisfying products.
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Theodosia was laid off from her last job. What should she put on her next application as her reason for leaving that job?
OleMash [197]

Answer:

O Downsizing

Explanation:

A lay off happens when the employer has closed down, has changed locations, or when there is not sufficient work for all the employees. A layoff is not caused by an employee's fault.

Downsizing refers to scaling down of operation. When a company downsizes, some of the employees will be laid off. Theodosia should mention she was laid off in her next application. The potential employer will realize that she wasn't at fault at her previous workplace.

8 0
3 years ago
The aggregate demand curve shows a _____ relationship between _____ and _____ at a given spending growth.
rewona [7]

The aggregate demand curve shows a relationship between aggregate price level and demand at the given spending growth.

<h3>What is demand?</h3>

Demand is explained as the requirement of a certain product in the market, usually this demand is varied if the prices are changed and the demand also is impacted by the supply.

If the prices are high it is highly likely that the demand of that product will reduce if the product is not a necessity.

If the prices are lower the demand for the product will increase.

Learn more about demand and supply at brainly.com/question/27305760

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5 0
1 year ago
A basic Customer Relationship Management premise is that: a. each individual customer is limited to a single sale. b. customers
klasskru [66]

A basic Customer Relationship Management premise is that<u> (B) </u><u>customers form relationships with companies as opposed to companies conducting individual transactions with customers.</u>

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  • A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients.
  • The objective is straightforward: to strengthen business ties.
  • CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.
  • Expressing gratitude to customers once they make purchases.
  • If a customer buys a certain product, upsell or cross-sell to them.
  • sending a coupon along with a birthday greeting. giving a customer who hasn't bought anything recently a discount.

What is CRM and why is it important?

  • CRM enables organizations to establish a relationship with their clients, which fosters loyalty and client retention.
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Learn more about customer relationship management (CRM) /brainly.com/question/21299183

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7 0
2 years ago
According to current law, for works created after 1976, what are the copyright durations for a creator and for a corporation?
Elenna [48]
Answer:
For the creator, the copyright duration is the lifetime of the author plus 50 years.
For a corporation, the copyright duration is 75 years.

Details:
The copyright Act of 1976 was a revision of the previous copyright Act of 1988.
Another revision enacted by the 1976 copyright law was to increase the extension of copyrighted material before 1978 that was not in the public domain. The increase was from 28 to 47 years or a total duration of 75 years.
5 0
3 years ago
Which of the following is correct? Group of answer choices Economists study the management of scarce resources. Because economis
9966 [12]

Answer:

Because economists believe that people pursue their best interests

Explanation:

  • The word economy is derived from the Greek word meaning household and which is an area of production and distribution The role of an economist is to analysis and monitor trends and develop forecasts analysis data and develop economic policies.
  • As they give certain predictions or estimates of the economy by reflecting on the economic activities that are performed by the people as assuming tat the man behaves rationally.
3 0
3 years ago
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