(A) creating superior customer value and satisfaction.
When customers are satisfied with products and services, it tends to build a lasting relationship, and that is why some customers will stick to a particular product for years irrespective of change in price or change in income. Value to customers as to do with what they benefit from your product or services rendered, and so to create superior customer value satisfaction, you need to understand what your customers really want and ensure that they get value/benefit.
Answer:
Verbal communication in the workplace.
Explanation:
Being voice a part of the skills and knowledge for effective communication, an in-depth interviews of top management and communicators is essential to design an effective employee communication program to gather, convey and receive information and people skills
, respecting cultural differences and related legislation.
This knowledge and skills will structure the ability to communicate effectively with employees during the day in the workplace.
<u>Answer:</u>
<em>If there is a major problem in a country that leads to the rapid withdrawal of foreign investment, this is known as International financial crisis
</em>
<em></em>
<u>Explanation:</u>
The financial crisis was mainly brought about by deregulation in the budgetary business. That allowed banks to participate in support investments exchanging with subordinates. Banks, at that point, requested more home loans to help the productive clearance of these subordinates. They made intrigue credits that got moderate to subprime borrowers.
Big banks had the assets to become modern at the utilization of these convoluted subordinates. The money with the most muddled monetary items got the most cash flow.
Answer:
Solution:
A.
p_x=3, G_x=\frac {100}{3}=33\frac{1}{3}p
x
=3,G
x
=
3
100
=33
3
1
p_y=5, G_y=\frac{100}{5}=20p
y
=5,G
y
=
5
100
=20
B.
100-0.25\times 100=75100−0.25×100=75
p_x=3, G_x=\frac {75}{3}=25p
x
=3,G
x
=
3
75
=25
p_y=5, G_y=\frac{75}{5}=15p
y
=5,G
y
=
5
75
=15
C.
p_x=6, G_x=\frac {100}{6}=16\frac{2}{3}p
x
=6,G
x
=
6
100
=16
3
2
D.
p_y=5, G_y=\frac{100}{4}=25p
y
=5,G
y
=
4
100
=25
2.
MU_x=68-60=8, p_x=2MU
x
=68−60=8,p
x
=2
MU_y=29-25=4, p_y-?MU
y
=29−25=4,p
y
−?
\frac {MU_x}{p_x}=\frac{MU_y}{p_y}
p
x
MU
x
=
p
y
MU
y
\frac{8}{2}=\frac {4}{p_y}
2
8
=
p
y
4
p_y=1p
y
=1
Answer:
2.20
Explanation:
The Price elasticity will be:
Δdemand/ΔPrice
<u>The mid point is used to calculate the increases.</u>
Δdemand = ΔQ/midpointQ
(Q2+Q1)/2 = mid point quantity = (300+ 200)/2 = 250
ΔQ = 300-200 = 100
Δdemand = 100/250 = 0.4
<u>Same procedure is applied with the Price numbers:</u>
Δprice = ΔP/midpointP
(P2+P1)/2 = mid point price = (3+ 2.5)/2 = 2.75
ΔP = 2.5-3 = 0.5
Δprice = 0.5 / 2.75 = 0.181818
FInally we calculate the price elasticity:
Δdemand/ΔPrice
0.4/0.1818181818 = 2.2
