Answer:
The answer is: C) Whether the vast majority of consumers would greatly reduce the number of channels purchased if given the option of purchasing them individually
Explanation:
Government regulatory agencies have to worry about what is best option for customers or in this case what is best for the largest number or customers. So they should focus on approximately what percentage of customers would change their normal cable packs and purchase instead a la carte channels. If most customers were willing to make the change, the consumer groups would be right and legislation should change.
In a free market system, the what, how and for whom questions in economics are determined by Market forces of demand and supply together. Hence, option B is correct.
<h3>What is
a free market system?</h3>
Taxes, quality controls, quotas, tariffs, and other centralized government economic interventions either don't exist or are very minimal in a free market, an unrestrained system of economic exchange.
In a free market, no one is forced to participate, and transactions are started voluntarily. According to economic theory, the price mechanism, competition, and forces of supply and demand are the best ways for free markets to distribute goods and capital.
Thus, option B is correct.
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The main function of a service business is the delivery of value to the customer.
- A service business is made up of experts who help in the delivery of a particular work. Examples of service businesses include food service, transportation, retail, distribution etc.
- It should be noted that every business wants to make a profit. Profit is important in order to grow the business. Despite the profit making motive of businesses, some businesses are more concerned with how to retain their customers.
In conclusion, it should be noted that the retaining of customers are vital in brand loyalty and the growth of the business.
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Answer:
Capital Expenditures
Explanation:
Capital Expenditures -
It is the total amount which is spend on the tangible assets which used for more than an year for the business , is known as capital expenditures .
It is also known as Capex .
It increases the amount of service an
hence , from the question information , the correct term according to the given information is Capital Expenditures .
Answer:
Cognitive ability test
Explanation:
Cognitive ability test are test used in measuring applicants cognitive function in specific areas. Areas may include verbal reasoning, numerical reasoning, quantitative reasoning, spatial reasoning and so on. They are aptitude test used in predicting the the applicant future aptitude position. It is a method employed by many corporations in non applicant selection. However, the cognitive test has been shown to always results in lower selection of minorities both racial and ethnicity wise.