The origin of the CB (citizen Band) radio dates back to 1940. The Federal Communications Commission (FCC) took the role of administering a local radio to use it for personal and business purposes. In order to the listen or request for police assistance, one may turn to channel 9.
Answer:
C. the market demand curve understates the relative importance of the product and resources are therefore underallocated to its production.
Explanation:
Positive external benefits refer to third party positive side effects, above & beyond private marginal benefit to the concerned consumer.
Eg : Education - Its consumption not only affects the concerned person, but the positive trickle down to the people & society around.
Personal consumption decisions are based on : equalisation - of private marginal benefit (demand) curve & private marginal cost curve. However, goods having positive external benefits have real marginal benefit curve increased over private benefit curve, by the extent of extra marginal social benefit.
So, market demand (based on private marginal benefit) curve understates the importance of product, and resources are therefore underallocated to its production (due to undervaluation of demand).
Project Stakeholders can be entities that have an interest in a given project.
Answer:
d. $119.32
Explanation:
The computation of the total of leiff online purchase is shown below:
= Video game price - discount + sales tax + shipping fee
where,
Video game price is $128
The discount = Video game price × discount percentage
= $128 ×15%
= $19.2
The sales tax = (Video game price - discount) × sales tax rate
= ($128 - $19.2) ×5.3%
= $5.77
And, the shipping fee is $4.75
Now put these values to the above formula
So, the value would equal to
= $128 - $19.2 + $5.77 + $4.75
= $119.32
Answer:
Roger used the technique of "responding to every concern by the customer" for building positive customer relations.
Explanation:
Building up strong customer relationships includes following techniques:
- Communication which means inquiring customer needs and wants, listening to them, providing them information.
- Exceeding Customer Expectations
- Providing Value in the form of quality products and services
- Responding to every concern which means taking each and every question, doubts or concerns of a customer seriously and providing them with the required information.
In the given case, the moment Roger knew that he wasn't sure of the information asked for, he immediately rang up his superior to get the exact correct information so as not to disappoint the customer.
This technique relates to responding to every concern by a customer.
