Answer:
d. willingness to pay of all buyers in the market.
Explanation:
The demand curve shows the relationship between the price of a good or service and the quantity demanded at a particular time.
Therefore, a demand curve reflects:
a. highest price buyers are willing to pay for each quantity.
b.quantity that each buyer will ultimately purchase.
c. value each buyer in the market places on the good.
With this in mind, what the demand curve does not reflect, with these in mind is a willingness to pay of all buyers in the market.
A customer service representative would be a feature commonly used by huge companies in addressing the customers' issues with regards to their products and services. Furthermore, customer feedback is very important because the company would have the idea on how to improve their service or product.
Answer:
Letter A. Role perceptions.
Explanation:
Role perception is the main factor that impacts an employee's behavior and voluntary performance, as individual perceptions are responsible for determining a person's set of actions and behaviors in a given situation. It is influenced by the set of values, experiences, emotional and social interaction with society.
Therefore, the perception of their role in the organization will directly influence their performance. Ideally, it should be determined with ethical and normative bases that benefit the employee and help in self-motivation and self-accomplishment of the work.
The <u>law of increasing relative cost </u>states that the opportunity cost of producing a good always rises as one produces more of it.
According to the law of increasing costs, production eventually loses efficiency as it grows. The labor expenses for each additional item will increase, for instance, if increased production requires overtime work from your workforce.
Opportunity cost is the value of other commodities or services you must forgo in order to get your desired item. The term "cost" as used by economists often refers to opportunity cost. Cost is frequently mentioned in conversations or on the news.
According to the law of increasing opportunity cost, the cost of manufacturing the next unit rises as you keep up with the production of a given good.
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