This "lessens" rivalry, since buyers become "less" price-sensitive.
Price sensitivity is how much the cost of an item influences customers' buying practices. In financial matters, price sensitivity is usually estimated utilizing the price elasticity of demand. For instance, a few buyers are not willing to pay even a couple of additional pennies per gallon for gas, particularly if a lower-valued station is adjacent.
Answer:
The answer is letter A.
Explanation:
The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.
Answer:
Explanation:
The balance of payments accounts also known as balance of international payments, are the accounts in which a nation records, summarizes all transactions that a country's individuals, companies and government bodies complete with individuals, companies and government bodies outside the country. These transactions consist of imports and exports of goods, services and capital, as well as transfer payments, such as foreign aid and remittances.
A country's balance of payments and its net international investment position together constitute its international accounts.
The balance of payments divides transactions in two accounts: the current account and the capital account. Sometimes the capital account is called the financial account, with a separate, usually very small, capital account listed separately. The current account includes transactions in goods, services, investment income and current transfers. The capital account, broadly defined, includes transactions in financial instruments and central bank reserves. Narrowly defined, it includes only transactions in financial instruments. The current account is included in calculations of national output, while the capital account is not.
Answer:
A
Explanation:
In the hospitality business you would be focusing on the customers needs first. Therefore you would try and accept the form of payment that is easiest for them.
Incomplete question. The options;
A) Incorporate activities that directly involve the audience.
B) Explain how the information will help the audience.
C) Avoid jargon.
D) Compare unfamiliar concepts to familiar concepts.
Answer:
<u>C) Avoid jargon.</u>
Explanation:
Note, the term <em>"jargon"</em> basically refers to the use of highly complex or technical language in communication.
In this scenario, we observed that Adam did not take into consideration that the interns were<em> unfamiliar</em> with the complex terms he was using. Hence, an effective strategy he could have used in the above situation was to totally avoid the use of jargon in his communication with the interns.
