Answer: Full service
Explanation:
The full service retailing is the process which mainly focus on the services during the production of the products or goods rather than the goods.
The full service retailing mainly focus on storing the informative sales that focus on the high retaining prices and it is customer friendly. The full service retailing is the relationship between the services provider and the customers.
According to the given situation, the Bruce situation clearly depict about the full service retailing process.
While you buy a bond, you're loaning cash to both a government and a corporation. whilst these entities first difficulty the bonds, they're bought at "par", which means you lend, say, $a hundred, and at the adulthood of the bond, you'll acquire $100 lower back. at the time of the difficulty, the coupon charge is also set, primarily based on modern-day interest quotes and the entity's credit score. This determines the yearly or semiannual quantity you will acquire when buying the bond.
A bond can be bought on the secondary market before adulthood. however, the price of this bond will promote greater than par (i.e. a premium) if present-day interest quotes decrease than what they had been while the bond was issued and less than par if interest fees have gone up (i.e. a reduction).
An example, a bond is issued these days, maturing in 10 years with an annual coupon of five%. In 5 years, hobby fees have risen to 7%, so someone shopping for the bond with a five% coupon would demand a discount at the face price (in any other case, they could just buy the 7% bond at par).
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Answer:
-2
Explanation:
To find the cross price elasticity between to goods, we use this formula:
Cross Price Elasticity of Demand = % change in quantity demanded of good 1 / % change in the price of good 2
Now, we plug the amounts into the formula
Cross Price Elasticity of Demand = -50% / 25%
= -2
Answer: It will reduce in demand
Explanation: If you raise a price customers are less likely to buy it when it’s at a higher price
Answer:
professional liability insurance
Explanation:
Professional liability insurance protects businesses (an independent contractor is a one person business) against liability resulting from errors and omissions. It covers any harm caused to a customer as a result of professional service or advice. This type of policy generally covers negligence, copyright infringement, personal injury, etc.
Professional liability insurance is generally purchased by businesses that offer the following services:
- professional service
s
- professional advice
- contractual services