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Alex Ar [27]
3 years ago
12

Certain economic principles are of considerable importance in the valuation of real estate. The principle that "no buyer will pa

y more for a product than the price he can pay for a reasonable duplicate" is known as the principle of:
Business
1 answer:
Svet_ta [14]3 years ago
5 0

Answer:

Substitution

Explanation:

Principle of subsitution states that no consumer should buy a product for a high price of he can get an alternative (duplicate) that is of a cheaper price.

Substitutes are alternatives that provide similar satisfaction to the customer.

When the price of one product goes up the customer has a choice of going for an alternative.

For example honey and sugar are substitutes. When the price of one goes down people will go for the cheaper alternative. This acts as a price control mechanism.

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Hector is a supervisor in a small automotive shop. He spends a lot of his time training some workers, while helping others solve
VARVARA [1.3K]

Answer:

The correct answer is d) technical skills.

Explanation:

Technical or hard skills are those that serve to perform a specific function and that are developed through training, education or training.

While there is no single technical skill that defines a good professional, there will always be one or more that is valued in a selection process.

According to several experts on recruitment issues, these could be some examples of technical skills best valued by the recruiters when hiring.

  1. Basic computer knowledge (Office tools).
  2. Management of database software (Excel).
  3. Use of programs to make graphic presentations (Power Point).
  4. Title or specific training for a specific job.
  5. Accounting management
  6. Knowledge in transcription and shorthand.
  7. Persuasive writing techniques.
  8. Basic knowledge of sector regulation.
  9. Management of digital tools for analysis and community management.
  10. Basic graphic design techniques (Photoshop or Illustrator).
  11. Use of software for web positioning such as Google Analytics.
  12. Knowledge of languages.
3 0
3 years ago
If a corporation is found guilty of committing a crime and assessed a fine, who typically ends up being punished?
Afina-wow [57]

Answer:

Option (A)

Explanation:

If a corporation is found guilty of committed a crime. Then the corporation likely to face a hefty fines for committing a crime. This means the owners of the corporation and its stake holders are responsible for this crime if any of the employee of the corporation commits a crime. Hence at last the owners of the corporation and the stake holders are end up being punished.

5 0
3 years ago
Ken's Car Repair uses a 35.00% material loading charge and a labor rate of $23.00 per hour. How much will be charged on a job th
Art [367]

Answer:

the amount charged on a job is $401.50

Explanation:

The computation of the amount charged on the job is shown below:

The Amount to be charged is

= Material Loading Charge + Labor Charge + Materials Cost

= 35% × $110 + $23 Per Hour × 11 Hours + $110

= $38.50 + $253 + $110

= $401.50

Hence, the amount charged on a job is $401.50

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

4 0
3 years ago
The marketing channel is the upstream portion of the supply chain that is charged with moving component parts or raw materials t
xenn [34]
(b.) FALSE

The marketing channel is a downstream portion of a supply chain that reaches from point of production to the consumer. It connects the product to the customer. The downstream process refers to the processing of materials and make a finished product.
7 0
3 years ago
When group investors become aware of overseas investment opportunities and are willing to diversify their portfolios internation
sammy [17]

Answer:

they benefit from an expanded opportunity set.

Explanation:

As most of the business organizations focused on grabbing the investment opportunities which leads to diversify their business in terms of expanding the business in various locations, maximize the market share etc

This can be done with the help of opportunity set i.e. to expanded through which the firm could get the benefit of it

Hence, this would be the answer

3 0
3 years ago
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