Answer:
numerous buyers and sellers.
Explanation:
When market participants are price takers, they have no influence over priced. Prices are set by market forces. Goods are also usually homogenous. If sellers attempt to increase their price, they lose their buyers and if they cut price they make losses.
I hope my answer helps you
Dual credit and AP courses award high schoolers college level credits.
Advanced and Honors courses are more advanced than normal high school classes but still offer credit toward the high school diploma.
Answer:
c. Companies and industries with lower levels of compensation have lower turnover rates
Explanation:
Sales force compensation refers to how a company compensates its sales team for its efforts. They are the methods applied to pay sales representatives. A company may decide to pay, either a fixed salary, salary plus commission, or commissions only.
If sales representatives feel that they are not adequately compensated, they may opt to look for better-paying jobs elsewhere. Companies that pay lowly will always have a challenge in attracting and retaining the best sale people in the market. Sales incentives serve as a motivating factor to the salespeople. A business or industry that pays poorly will have high employee turnover, as its workers will be always be seeking greener pastures.
Answer:
d. it is used to sell only products.
Explanation:
- The economic roles of advertising includes the values of the products and effects in the pricing and effects of the customers demands and the impacts on the business cycles.
- Includes mediums and legal source of the message that must be known and its a persuasiveness form of communication and can be used to gather data and opinion and is more than sale of a product.
Answer:
The answer is: due to risk aversion
Explanation:
Imagine all the money you had were those $20,000. You can choose to deposit them on a bank an earn $600 a year or lend them to someone else and get $1,600 a year.
I believe very few people would assume the risk of lending the money directly to a third party. Maybe if you know that person (e.g. maybe your brother) and really trust him or her, you could do that, but generally speaking, this rarely happens.
Every bank has a percentage of the loans they give out that are never paid back. Besides the costs incurred in running a business, banks also have to consider bad credits which will make them lose money. One of the duties of the bank is to reduce that risk and the number of possible bad credits, but they will never be zero. Imagine now that you lend your $20,000 to a bad creditor, you might lose all your money.
At the end it all depends on how much risk you are willing to take.
