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BlackZzzverrR [31]

2 years ago

13

The overall process of building and maintaining profitable customer relationships by delivering superior customer value and sati

sfaction is referred to as ________.

1 answer:

Yanka [14]2 years ago

4 0

Answer:

customer relationship management

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What is the difference between a shortage and scarcity?

velikii [3]

<span>The difference between scarcity an shortage is that a scarcity is something that occurs naturally due to limitations on the resources that have no way to be replenished. A shortage comes from a condition in the market when a certain good is set at a certain price. So the correct answer is B.</span>

7 0

3 years ago

Read 2 more answers

the bookkeeper for Blue Spruce Equipment Repair made a number of errors in journalizing and posting, as described below. For eac

Sergeu [11.5K]

Answer:

Note: The full question is attached as picture below

(a) (b) (c)

In Larger

Balance Difference column

1. No $725 Debit

2. Yes NA NA

3. Yes NA NA

4. No $225 Credit

5. Yes $684 NA

6. No $45 Credit

7 0

2 years ago

According to smith, what does capitalism allow individuals to do that no other economic system allows

tiny-mole [99]

Smith states that capitalism allows individuals to prosper,<span> capitalism allows for such things as division of labor and the specialization that comes with it, this increases the productive efficiency of a nation which in turn increases its wealth and standing in the rest of the world.

</span>

5 0

3 years ago

If the domestic demand curve is Equal 20p Superscript negative 0.5, the domestic supply curve is Equal 5p Superscript 0.5, and

pishuonlain [190]

Answer:

$52

$ 1.33

consumer price will increase
consumer surplus will decrease
import will decrease
reduced export
portends gloom for the general outlook for the economy

Explanation:

Given domestic demand curve, S(p) = 20p⁻⁰°⁵

the domestic supply curve S(p)= 5p⁰°⁵

world price is $7.00

using calculus to determine the changes in consumer surplus

by consumer surplus means in this case supply exceeds demand

we establish the equilibrium point where the supply and demand functions meet or are equal

solving 20p⁻⁰°⁵ = 5p⁰°⁵

20/5 = p⁰°⁵/p⁻⁰°⁵

4 = p⁰°⁵⁺⁰°⁵

4= p = q which is the quantity produced

consumer surplus = maximum price willing to pay - Actual price

= ∫⁴₀ dp dp - p* q

= ∫⁴₀20p⁻⁰°⁵ dp- 7* 4

= 20∫⁴₀p⁻⁰°⁵ dp -28

= 20/0.5 p⁰°⁵- 28

= 40 *4⁰°⁵ - 28 = $52

producer surplus = it is a measure of producer welfare. It is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive

thus producer surplus = p* q - ∫⁴₀ d(s) dp

= 7 * 4 - ∫⁴₀ 5p⁰°⁵ dp

= 28 - 5 ∫⁴₀ p⁰°⁵ dp

= 28 -5 *2/3 p¹°⁵

= 28 -5 *2/3 4¹°⁵

=$ 1.33

welfare from eliminating free trade

consumer price will increase
consumer surplus will decrease
import will decrease
reduced exports

portends gloom for the general outlook for the economy

5 0

3 years ago

During the year, direct labor costs of $30,000 were incurred, manufacturing overhead totaled $42,000, materials purchased we

andriy [413]

Answer:

Total Manufacturing Cost = $96,347

Explanation:

Total manufacturing cost include all the costs related directly to the production, and does not include any indirect costs, or cost of selling and administration.

Thus, for the information provided we have,

Since not provided assumed no opening and closing inventory.

Total manufacturing cost =

Direct Labor Cost $30,000

Add: Manufacturing Overhead $42,000

Add: Materials Purchased $27,000

Less: Indirect Material included = ($2,653)

Total Manufacturing Cost = $96,347

4 0

3 years ago