Answer:
the correct answer is TRUE
Explanation:
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Answer and Explanation:
I will go through each and every option explaining the reasons and what option would be the best:
The (a) part says 'difference in wages will eventually disappear since a haircut is a homogeneous good' - This is not true because even though it is an homogeneous product, some customers do have a strong preference for barbers who are not going bald. Therefore, they know their worth and they would want to capitalize on that and get paid just a bit more than bald barbers.
The (b) part says 'barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers who have a strong preference for barbers with hair'. - If the barbershop charges higher price for barbers that have hair then the customers will prefer bald barbers as the questions mentions that there is high competition and since it is an homogeneous, customers would be willing to save money and get their haircut from some other barber.
The (c) part says 'barbershops that hire bald barbers will always be much more profitable' - Not necessarily. The reason is that some customers have a strong preference for barbers who are not bald and therefore, that would help barbershops who have barbers with hair to be a bit more profitable as some additional customers would want their services.
The (d) part says 'barbershops that hire barbers with hair will always be much more profitable' - This is the best option and the reason for it is because some customers have a strong preference for barbers with hair and that would help the barbershop to earn more. They would have the customers who already indifferent to whoever cuts their hair and in addition to that, they would also have the customers who have their preference.
Hence the answer is D.
Answer:
The correct is breakdown.
Explanation:
The sales forecast is the central part of the strategic planning process since it becomes the cornerstone of all the company's planning, budgeting and operational decision making. Sales managers care about five levels to calculate demand. Market capacity is the maximum amount of a product or service that the market could use regardless of the price of the product. The potential of the market is the largest possible sale in an entire industry of a product or service over a given period. The sales potential is the potential of the greater market share that a given company can expect to achieve. The sales forecast is the best estimate of the company's dollar or unit sales to be achieved during a given period under a proposed marketing plan. Sales quotas are the sales goals or objectives that are assigned to individual sellers or to the entire sales force.
In a case whereby Many home buyers express common concerns about the energy efficiency of their homes the measurement of the efficiency of energy that is used to determine the effectiveness of appliances is The EER.
<h3>
What is The EER?</h3>
The EER can be regarded as the ratio of the cooling capacity to the power input (in watts) of a system.
It should be noted that The higher the EER rating, the more efficient the air conditioner, in this case, the measurement of the efficiency of energy that is used to determine the effectiveness of appliances is The EER.
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Depreciation is the term used to describe the capital that is lost over the course of a year. Gross investment (Ig) minus depreciation equals net investment (In). Scenarios.
<h3>Is the volume of capital that depreciates or exhausts in a year?</h3>
Depreciation is the amount of capital that is no longer in use as a result of deterioration, consumption, or obsolescence.
<h3>What products are consumed during manufacture and hence do not contribute to GDP?</h3>
Because the market value of the expenditures made on final goods and services includes the cost of intermediate goods and services, which are used in the production of final goods and services, they are not included in the expenditure approach to GDP.
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