Explanation:
shortage is when a particular thing is present for use but not up to what the person needs.
scarcity is when a thing or object ceased to be used or non availability of a particular thing for a particular period of time.
Answer:
0.583
Explanation:
Data provided in the question;
Average dinner charges = $8.75
Initial demand = 3,000 atrons
Increase in price = $0.50
Final demand = 2,900
Thus,
change in demand = 3,000 - 2,900 = 100
Now,
The price elasticity of demand = 
also,
Percentage change in demand = 
= 
= 3.33%
Percentage change in price = 
= 
= 5.714
thus,
The price elasticity of demand = 
= 0.583
Risk management is an on-going process, and is a combination of proactive management directed activities within a programme that are intended to accommodate the possibility of failures.
Answer:
6.29%
Explanation:
The computation of the unemployment rate for the month of February is shown below:
Unemployment rate = Number of people unemployed ÷ Labor force
= 325,000 ÷ 5,170,000
= 6.29%
It is always shown in percentage form
Plus it is a ratio between the number of people unemployed and the labor force
Hence, all other information is not relevant. Therefore, ignored it
Encourage the customer to complain without interruption and then give a sympathetic response.
<u>Explanation:</u>
Here are straightforward tips, layouts and models for composing great objections letters. This way to deal with grumblings letter-composing is compelling for private purchasers and for business-to-business clients who look for positive results from composing letters of grievance.
The standards apply to grievances messages and telephone calls as well, despite the fact that letters remain commonly the most dependable and successful approach to grumble, particularly for genuine protests.
Viable grievances letters (and some other method for grumbling) ought to be:
Envision you are the individual accepting clients' letters of protests. This causes you understand that the individual perusing your letter is a genuine person with sentiments, attempting to carry out their responsibility as well as could be expected.
Your letter ought to urge them to react emphatically and supportively to the protest. Regardless of how frantic you feel, hostility and showdown doesn't urge a supportive response to objections.
