Answer:
B. customer benefit
Explanation:
Based on the information provided within the question it can be said that the salesperson was using a customer benefit approach. This refers to when a salesperson states the ways and features that will make the product or service valuable to the customer. This is what the salesperson was doing in this situation by stating that the product can save the person time and money with it's features thus adding value.
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Answer: Option(a) is correct.
Explanation:
FOMC (Fed open market committee) is monetary policy making body of United states who implements various money supply related policy.
Here, FOMC orders the open market desk to sell government securities, which lowers the money supply and increases the interest rate.
Fed use this monetary policy instrument to control the money supply in the economy.
This effect also shown in a diagram.
In the IS-LM diagram, it was shown that there is a shift in the LM curve leftwards due to decrease in the money supply. So, this decrease in the money supply raises the interest rate from i to i' and decreases output from Y to Y'.
Answer:
The break even in dollars is $214000
Explanation:
The break even point in dollars is the amount of revenue earned that is equal to total cost and there is no profit or no loss. The break even is used to calculate the minimum revenue that should be earned by the firm to cover its total costs. The break even in dollars is calculated by dividing the fixed costs by the contribution margin ratio.
Break even in dollars = Fixed costs / Contribution margin ratio
Where, contribution margin ratio = (Selling price per unit - Variable cost per unit) / Selling price per unit
Contribution margin ratio = (220 - 74.8) / 220 = 0.66 or 66%
Break even in dollars = 141240 / 0.66 = $214000 per month
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