Answer:
a. delivery
Explanation:
The delivery gap is that gap which shows a difference between the company service timing and actual service timing that is given to the customer
The motive of the organization is to deliver the productions within the prescribed time so that the customers can get maximum satisfaction.
But if the delivery is not made with the given that, the customer expectation falls which ultimately reduces the customer satisfaction towards the products delivered to them.
Answer:
Explanation:
The adjusting entry is shown below:
Cash Dividend A/c Dr $500,000
To Dividend payable $500,000
(Being dividend is declared)
The dividend amount is computed below:
= Number of shares held × cash dividend per share
= 100,000 shares × $5
= $500,000
As dividend is declared so we debited the cash dividend account and credited the dividend payable as it is a current liability
"Providing welfare benefits" government policies pursues the economic goal of equity.
<u>Option:</u> B
<u>Explanation:</u>
To ensure economic stability the government offers welfare benefits for the vulnerables. Welfare benefits are federal programs supported by the government for the families and individuals who need such assistance. Welfare benefits include reimbursement for unemployment, food stamps and support for health care. There seem to be six significant welfare programs in the United States. These include
- Temporary Assistance for Needy Families (TANF),
- Medicare,
- Supplemental Nutrition Assistance Program (SNAP or food stamps),
- Supplemental Security Income (SSI),
- Earned Income Tax Credit (EITC), and
- Housing Assistance.
Answer:
The marginal utility of the fourth plate is zero or below zero
Explanation:
The reason is that the law of diminishing marginal utility says that the marginal utility of a product declines upon continuous consumption of that item. This means that the utility before the consumption of first buffet was high and when the second buffet was consumed by the same person the utility was further reduced and so on. This means that the utility must be positive which if is higher enough then the customer is will to pay and eat the buffet again. If it is zero or below zero the customer is not willing to pay for the buffet. This is the reason the person doesn't ordered the item again.
You can not eat the same buffet for all the 365 days. This means the taste of a tasty food fades away after some time or I would say that the utility is gone. Same is the case when you will keep using cellphone for a period and then sell it or dispose it because the item doesn't entertains you or in other words the utility has significantly fallen and is almost zero or below zero.