Answer: the substitution bias
Explanation: The substitution bias shows the tendency of consumers of buying less costly good in place expensive one.
In the given case when the price of apple rises and the price of oranges falls then the consumer will purchase more of the oranges. In such a scenario the index will rise showing that the good which was purchased earlier by the consumers has risen however in the real world the consumer shave sifted their demand to a less expensive product.
Thus, it will lead to overstatement of substitution bias.
Answer:
the correct answer is "Ongoing relationship".
Explanation:
there are several types of supplier relationships such as,
- Buy the market
- ongoing relationship
- partnership
- strategic alliance
- back ward integration
ongoing relationship is when the suppliers do business with both our business and other buyers/competitors. the size of contracts are medium to large and there is a good connection between our business and our suppliers.
A late fee because you only get one if you don't make your payment on time hope this helped
Answer:
The answer is $8,180
Explanation:
Balance per general ledger cash at bank account. $9,480
Items in bank statement not in cash book:
Bank service charges. ($50)
NSF check. ($1,250)
Corrected cash at bank $8,180
Balance per bank statement $12,175
Items in general ledger not in bank statement:
Deposit in transit $1,800
Outstanding checks ($5,795)
Corrected balance per bank statement. $8,180
The correct answer would be option E, Identifying and grouping potential customers by geographic, demographic, and psychograpic attributes according to common characteristics and needs.
Explanation:
When markets or consumers are divided into groups or segments on the basis of some shared characteristics, then this is called as the Market Segmentation.
The shared characteristics can be customer's Geographic, demographics, psychographics, etc.
For example, a company finds out that their jackets are liked more among teenagers, whereas there coats are liked more by adults, then this segmentation is on the basis of demographics.
Learn more about Geographic Segmentation at:
brainly.com/question/13323297
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