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11111nata11111 [884]
3 years ago
12

Which of the following is an example of selling? A college student asking a professor to let him enroll in a course section alre

ady closed. A potential employee making a presentation at a job interview. A salesperson talking about the advantages of the washing machines at his store. All of the above.
Business
1 answer:
Paul [167]3 years ago
5 0

Answer:

A salesperson talking about the advantages of the washing machines at his store.

Explanation:

There is a certain criteria of calling a transaction as selling. There must be some offerings for exchange of some money, or any other article.

When a sales person in the store of washing machines, then it is obvious that all the machines in the store are kept as an offer to buy, further when the salesperson provides the description and that the salesperson targets to attract more customers. Therefore, there is an offering of the product.

Accordingly it will be termed as sales.

In any other case there is no article served for sale.

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Maru [420]

Answer:

The correct answer is letter "C": the relationship between a​ country's GDP and its factors of production.

Explanation:

The Aggregate Production Function describes the relationship between a country's Gross Domestic Product (GDP) and the factors of production involved in it. Aggregate Production functions are considered physical and human capital, labor, knowledge, social infrastructure, and natural resources. Production increases as a result of increases in capital, natural resources, and labor.

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Answer: positive cross elasticity of demand.

   

Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.

In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.

Hence from the above we can conclude that substitute goods have positive cross elasticity.

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