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Vera_Pavlovna [14]
2 years ago
12

In a free-market economic system, if consumers perceive the price for a state-of-the-art smartphone as too high for the value re

ceived, they are likely to avoid buying it. In the same light, if the:________
Business
2 answers:
Rus_ich [418]2 years ago
3 0

Answer:

C) consumer’s desired price is too low, producers may limit the amount produced

Explanation:

Free markets follow the laws of rational expectations, and supply and demand.

If consumers believe that any product or service is too expensive and does not provide enough satisfaction that will justify its high price, then they will simply not purchase it.

On the other hand, if businesses see that the quantity demanded for a good or service is too low, then they will reduce its production until an equilibrium quantity and price is reached. If businesses overstock themselves, they are going to lose money, and businesses are not willing to lose money.

Leno4ka [110]2 years ago
3 0

Answer:

price the consumers are ready to pay is too low, producers may reduce the amount produced

Explanation:

In a free market, the price system otherwise referred to as price mechanism allocates resources, the basic laws of demand is seen at work and the interplay between demand and supply determine equilibrium price.

When prices are too high demand will drop and when prices are too low the suppliers will reduce supply which will drive the price toward equilibrium.

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The responsibility for evaluating new technologies, new ideas, and new capabilities and identifying those that are most relevant
Rasek [7]

The responsibility for evaluating new technologies, new ideas, and new capabilities and identifying those that are most relevant to the organization is typically assigned to the <u>Chief technology officer​ (CTO)</u>

<u></u>

<u></u>

The chief technology officer (CTO) is the highest technical leadership position within a company, leading the technical or engineering department. Create policies and procedures and use technology to improve our external customer-focused products and services.

The Chief Technology Officer (CTO) is the executive responsible for overseeing the entire IT department and integrating business needs and requirements into IT planning and operations. It's important to distinguish their role from that of the Chief Information Officer (CIO). The Chief Information Officer (CIO) role focuses on technology that internally guides an organization through the management of its infrastructure. The Chief Technology Officer has a job description focused on developing technologies for customer sales and the external growth of the company. The CTO and her CIO often combine their technical and engineering knowledge to work together for the benefit of the entire organization.

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Learn more about the Chief technology office here brainly.com/question/17999351

#SPJ4

5 0
2 years ago
According to Douglas McGregor, team members that require supervision, direction and threat of punishment for non-compliance are
antoniya [11.8K]

Answer:

Theory X employees

Explanation:

Douglas McGregor formulated or constructed Theory X as well as Theory Y, which suggest or states two aspects of human behaviour at the work.

In short, 2 different views of the employees or individuals, one which comprise of negative aspects or views is the Theory X, and other one is Theory Y, which comprise of the positive aspects and the views of the people and employees.

So, in this case, the team members who need the supervision, threat of punishment and direction for the non - compliance will be the Theory X employees as it contain the negative aspects.

5 0
2 years ago
An investor just purchased a 10-year, $1,000 par value bond. the coupon rate on this bond is 8 percent annually, with interest b
cupoosta [38]

i think it is $875.38

7 0
3 years ago
What is the time of the slowest workstation in a production​ system?
GalinKa [24]

Correct/Complete Question:

What is the time of the slowest workstation in a production​ system?

A. utilization

B. bottleneck time

C. effective capacity

D. throughput time

Answer:

B, bottleneck time

Explanation:

A bottleneck in a production system refers to a constraint in the production system where supply takes the longest time to meet up with demand for a particular good.

In the production processes, bottleneck time is the time takencapacity of the ful in a certain process of production as a result of the limited capacity of the process, thereby reducing the entire production chain.

Simply put, a bottleneck is a delay in time of one of the production process thereby slowing down the entire production system.

Cheers.

3 0
3 years ago
4. Part of delivering an effective slide presentation is making sure you present your material in a logical order. Before you be
grandymaker [24]

Answer: Arranging them in an orderly manner, easy to understand by the audience and when presented

Explanation:

When arranging your slide for presentation, it's necessary that they are arranged in a logical manner, one of the things to have in mind is your objectives, when this is understood, you begin the arrangement of your presentation with your with table of contents, introduction, abstract, would be followed by the chapters, your conclusion and references, all tailored in an orderly manner driving your point home to your audience.

5 0
3 years ago
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