When a customer does not understand his or her role in the service delivery process, he or she is contributing to provider: Gap 3
<h3>What is the Gap 3?</h3>
Gap 3 : The chasm between service quality requirements and actual service provision
The service members may encounter situations that cause this gap. It could happen as a result of poor training, inability, or reluctance to uphold the required service standards. It could result from ineffective evaluation and compensation systems. This disparity is primarily due to ineffective recruitment.
This gap may be caused by a failure to balance supply and demand. Also lacking are context, perceived control, and empowerment. An illustration would be a restaurant that communicates highly stringent criteria for the food it serves, but the personnel might not receive the right training on how to adhere to those standards.
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We can actually infer here that an increase in labor productivity will affect equilibrium in the labor market in the following way: The demand for labor will increase and the equilibrium wage and quantity of labour will increase.
<h3>What is equilibrium?</h3>
Equilibrium refers to the state whereby opposing things are balanced in order to achieve a desired outcome.
If the labor productivity is increased, it will definitely affect equilibrium in the labor market in such a way that the demand of labor will increase.
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In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced.
Example of variable expenses are:
- Raw material expenses
- Cost of plastic to make a handphone case
- Cost of carrots if the company is selling carrot pies
- etc
Answer:
The correct answer is option d.
Explanation:
An increase in the supply of a product will cause the supply curve to shift to the right. This rightward shift will cause the demand curve and supply curve to intersect at a lower price.
This will cause the quantity demanded of the product to increase and the price of the product to decrease.
A decrease in the supply will cause the quantity demanded to decrease and price to increase.
The effect of supply increase is indicated through the given figure.
