Answer:
The answer is Checking account.
Explanation:
Traditionally, checking accounts are non interest bearing accounts that are primarily used for transactions and to pay expenses. Also the accounts allow cheques to be 7sed in the transactions as well.
However, there are special cases where checking accounts receive a small interest.
Gross profit is net sales minus the cost of goods sold. It reveals the amount that a business earns from the sale of its goods and services before the application of additional selling and administrative expenses.
Answer:
1. This is true because demand in market A is more inelastic which means demand curve and marginal revenue curve are steeper in this market. at any quantity marginal revenue will be higher in market A than in market B
2. This is true because market where demand is inelastic have a higher price. This is because revenue is increased when higher price is charged in market with inelastic demand.
3. This is false/uncertain because when price is higher in market a the quantity will be lower relativity. This is due to the downward sloping demand function in which price is increased quantity will decline.
Explanation:
Answer:
D) Repositioning.
Explanation:
This is an example of repositioning, where an organization re-position itself in the minds of the consumers again based on another mental map. For example, if a brand once was known as the low price brand, then after sometimes, when the company feels that now its the time to make quality products priced at higher rates, then they will be in need of re-positioning. They should place their product effectively at another frame of reference where consumer can think them as a quality product providers at the premium prices.
Answer:
True
Explanation:
Investment considerations have five basic things. They are:
1. Consistency: Without consistency, an investment cannot be successful.
2. Simplicity: Simple investment can make a better future.
3. The risk-return relationship: It will help to understand which investment is beneficial for the investor.
4. Investment objectives: Without setting objectives, an investment can not grow.
5. Diversification: Diversified investments reduce risk.
