<span>The situation should be handled by speaking in a calm, yet firm tone of voice. The customer should be told the rates for rooms at the hotel, as well as any charges that may occur for cancelling. If the customer still isn't satisfied, she should be transferred to the manager for further explanation.</span>
Answer:
d. managerial accounting.
Explanation:
Managerial accounting -
It refers to the accounting practice , where identifying , interpreting , analysing and measuring the financial information to managers for the goals and target of the organisation , is referred to as managerial accounting.
It is different from the financial accounting .
Hence , from the given information of the question,
The correct term is d. managerial accounting .
Answer:
A. Normative Economics
B. Positive Economics
C. Positive Economics
D. Normative Economics
Explanation:
Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, an increase in input would lead to a decreases in supply of the good is based on economic theory and facts. An increase in input would increase the cost of production and this would discourage sellers from producing.
Normative economics s based value judgements, opinions and perspectives. For example, the statement - social welfare spending in Sweden occupies too large a portion of the national budget - is based on opinion. To some the expenditure might be even too small. There is no economic theory that can be used to determine if this expenditure is too large or small
Answer:
The correct answer is letter "A": false; a decrease in demand for bicycle helmets does not increase the price of a bicycle helmet and an increase in the price of a bicycle helmet does not increase the supply of bicycle helmets.
Explanation:
In economics demand and supply represents a basic concept to understand fluctuations of price and consumer and producer variations. When prices rise, demand raises and supply decreases. When prices drop, demand drops and supply increases. <em>Demand has a direct relationship with the changes in price while supply has an inverse relationship with price.
</em>
Thus, <em>if the demand for bicycle helmets decrease, the price of helmets will decrease. If there is an increase in the price of bicycle helmets there will be a decrease in the supply of bicycle helmets. The statement proposed in the case is false.</em>
