There are five different methods to begin a statement with unfavorable news, but the most appropriate one is to use a buffer statement.
<h3>What are the statements?</h3>
Statements are sentences that can either be true or untrue. As a result, a statement is a claim that something is true or false.
The Four Types of English Sentences:
- the sentence that makes a message (a statement)
- interrogative phrase (question)
- the sentence that must be completed (command)
- exclamatory phrase (exclamation)
As a result, in the following scenario, you should utilize the buffer statement to open any unfavorable news.
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Answer:
The management should adopt skimming pricing strategy.
Explanation:
For the fact that this is a new technology and very difficult to be copied, the management should adopt skimming pricing strategy. This will allow them to charge high prices and make money in the market before their competitors starts making the same kind of washing machine. This product has benefits for the consumers as well as it consumes less water to clean the clothes so there is high probability of this machine is accepted even if the prices are exorbitantly higher and from this, its going to be demanded by many costomers.
Answer:
1. Menu costs
- Can lead to stores listing prices in more stable currencies.
- Causes costs associated with changing prices in stores.
2. Shoe-leather-costs
- Discourages people from holding money.
- Spending time converting money into something that better holds value.
3. Unit-of-account costs
- Can reduce the quality of economic decisions.
- Makes money a less reliable source of measurement.
- Can cause distortion to the tax system.
- Causes difficulty in firms and individuals financial planning.
Answer:
$300
Explanation:
Based on the information given we were told that Kerianne paints placed four paintings that include a retail price of the amount of $300 for each of the four paintings in the Holmstrom Gallery which simply means that the amount of revenue with respect to the four paintings that Kerianne paints will recognize in the year 2021 will be the amount of $300.
A perfectly competitive market has many buyers and sellers (option c).
<h3>What is a
perfectly competitive market ?</h3>
A perfectly competitive market is a market where there are many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry. These makes buyers and sellers price takers.
An example of a perfectly competitive market is the market for tomatoes.
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