Answer:
Simultaneous Shifts in Demand and Supply
In this market, the change in supply may have resulted from:
b. an improvement in technology.
Explanation:
An improvement in technology is the only correct option that can cause the change in supply from S1 to S2. Wage increases for the workers increase the cost of production, which can decrease sales volume. Similarly, a decrease in the number of sellers will most likely reduce sales volume instead of increasing it.
The typical accounting principles/assumption includes Accrual principle, Conservatism principle., Consistency principle, Cost principle, Economic entity principle, Full disclosure principle, Going concern principle, , Matching principle etc.
<h3>What are the correct concept for each of the following activities using the drop-down list?</h3>
- Pastel Paint Company purchased land two years ago at a price of $250,000. Because the value of the assumptions and land has appreciated to $400,000, the company has valued the land at $400,000 in its most recent balance sheet. - The historical cost.
- Atwell Corporation has not prepared financial statements for external users for over three years. - The periodicity assumption.
- The Klingon Company sells farm machinery. Revenue from a large order of machinery from a new buyer was recorded the day the order was received. - The realization principle.
- Don Smith is the sole owner of a company called Hardware City. The company recently paid a $150 utility bill for Smith's personal residence and recorded a $150 expense. - Economic entity assumption.
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Answer:
They are acting upon perceived customer value.
Explanation:
In the field of marketing, perceived customer value can be defined as the clients' assessment of the cost of the product and services weighed against its capacity to live up to their needs and desires, particularly in comparison with it's peers. Marketing experts always attempt to impact customers' apparent perception of an item by depicting the qualities that make it better than the competition. In this way, the marketers alter the customers perceived value.
Perceived customer value usually involves the monetary cost of the product or services. It all comes down to how the customer views the price of that particular product or service weighed against the benefits. In simpler terms, the customer is always deciding if purchasing the product is worthwhile. When the customers feel that the cost doesn't march the benefits, then there are higher chances of the customers not purchasing the product or service, especially if the competition offers a lower cost.
In the case of FedEx customers, they are trying to weigh the benefits against the monetary cost of using the reliable package delivery service. In this way, they are acting upon perceived customer value.
The answer to that is Proprietorship
Answer: Intuition
Explanation:
Intuition is the ability to make decisions or carry out a judgement without conscious reasoning but rather by feelings or past experience. Sam makes use of Intuition most times when there is no time for rational analysis. He makes decision out the mindset that he believes it would work rather than a conscious effort to decide.
