Answer:
The correct answer is letter "C": Compare your prices favorably with those of a competitor.
Explanation:
At the moment of the purchase, consumers are quality and price given in their decisions making. Most of them, are likely to give up on some of the additional features of a certain good or service towards another because of the differences in the price. So, while giving a sales message where the price is an issue and if our price is favorable in contrast to the competitors, it must be highlighted to attract the consumer's attention and preference.
When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is an Elastic Demand.
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What is an Elastic Demand?</h3>
- Elastic demand is measured by its percent of change in demand divided by its percent of change in price, provided all other factors remain the same.
- If the change in price and change in demand is proportionate, the item is neither elastic nor inelastic.
- An item has elastic demand if its demand changes more than its price changes.
- For example, if two stores sell identical products of the same amount for different prices, incase of a perfectly elastic demand nobody would buy from the seller with higher priced product.
Learn more about Elastic Demand here:
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This statement quoted shows the examples of employees possessing managerial behavioral skills like Stress Management.
Explanation:
Quinn may experience the pressurized work on the working campus. As a lady, She also cannot able to bear such imbalance form of mental upset in the daily activities. She needs to balance both her personnel life as well as her employment operations. In this case, She wants to console herself not to compromise with her work and henceforth she tries to avoid weeping in front of her boss.
It is finely called as Stress Management in which she tries to normalize herself with the activities of not giving much attention towards her work overload and also she tries to interact more with the boss during the time of the meeting and makes her ready to move on to another move by getting the proper order of instructions from the boss.
Answer:
($73,000)
Explanation:
The initial investment in year 0 will be arrived at by calculating all the funds required to start the project which includes:
1. The cost of the equipment to be purchased ($55,000) plus
2. All amounts required to put the equipment in a ready-for-use state ($10,000 installation costs)
3. Additional requirements in working capital (current asset increase of $5000 and payables by $3000)
Therefore Year 0 project cash flow is $55,000 + $10,000 + ($5000+$3000)= ($73,000) this total is in bracket because it is a cash outflow.
Answer:
The correct answer is letter "B": avoidable fixed costs.
Explanation:
Avoidable fixed costs are expenditures that can be set aside to modify the form of a given product project is being handled. Usually, manufacturers with too many produced products can stop one of their lines which implies taking away inherent expenses such as labor and raw materials.