the extent to which a change in price causes a change in the quantity demanded

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Answer 1

TRUE. The statement "The extent to which a change in price causes a change in the quantity demanded" is true.

The extent to which a change in price causes a change in the quantity demanded is known as the price elasticity of demand. Price elasticity of demand measures the responsiveness of quantity demanded to a change in price, and is calculated as the percentage change in quantity demanded divided by the percentage change in price. If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be elastic. If the percentage change in quantity demanded is less than the percentage change in price, demand is said to be inelastic. If the percentage change in quantity demanded is equal to the percentage change in price, demand is said to be unit elastic.

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The extent to which a change in price causes a change in the quantity demanded? True/False


Related Questions

which of the four airlines has historically been considered one that competes based on a low price competitive strategy (i.e., consumers can fly for low cost)?

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The airline that has historically been considered to have a low price competitive strategy is Southwest Airlines.

Southwest Airlines has a long history of being a budget carrier. The business keeps costs down while putting the client first and offering affordable fares. Southwest uses a point-to-point network, only uses one kind of aircraft to reduce expenses, and flies to secondary airports in order to maintain a low-cost structure. In comparison to other sizable carriers like Delta and American Airlines, it offers incredibly affordable costs. To be able to offer low prices, Southwest has to base its business strategy on having minimal operating costs. It only has a small variety of aircraft, which aids the airline in cutting costs.

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A homeowner is financing the cost of new windows. Two lenders have approved the homeowner for a $12,000 loan. The terms of each loan are: offer 1: 4. 5% annual simple interest, with a total account balance of $14,430 after a 54-month term offer 2: 3. 75% annual interest compounded monthly for a 66-month term assuming no payments are made, what is the difference in the account balances at the end of the loan terms. Round your answer to the nearest penny?

Answers

The difference in the account balances at the end of the loan terms is $1,975.22

For offer 1,

The simple interest is calculated as:

I = P × r × t

where P is the principal amount, r is the annual interest rate, and t is the time in years.

In this case, P = $12,000, r = 0.045, and t = 54/12 = 4.5 (since the loan term is given in months). So, the interest paid is:

I = $12,000 × 0.045 × 4.5 = $2,430

The total account balance is the sum of the principal and the interest paid:

$14,430 = $12,000 + $2,430

For offer 2,

The interest is compounded monthly, so the formula for the future value of an annuity can be used:

FV = P × ((1 + r/n)^(n×t))

where FV is the future value, P is the principal, r is the annual interest rate, n is the number of compounding periods per year, and t is the time in years.

In this case, P = $12,000, r = 0.0375, n = 12, and t = 66/12.

So, the future value is:

FV = $12,000 × ((1 + 0.0375/12)^(12×66/12)) = $16,405.21

The difference in account balances at the end of the loan terms is:

$16,405.21 - $14,430 = $1,975.21

Rounding to the nearest penny, the difference is $1,975.22. Therefore, the difference in the account balances at the end of the loan terms is $1,975.22.

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if the federal reserve wishes to increase the money supply, it should: group of answer choices decrease the discount rate. increase interest paid on reserves. sell government bonds. decrease the monetary base.

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If federal reserve wishes to increase money supply, it should sell the government bonds.

What is money supply?

Money supply refers to the total amount of money circulating within an economy at a given time. It includes all physical currency, such as banknotes and coins, as well as deposits held in checking accounts, savings accounts, and other types of financial accounts. The money supply is a crucial economic indicator, as it directly affects the level of inflation and economic growth. Central banks have a significant role in managing the money supply, using a range of monetary policies such as interest rates, reserve requirements, and open market operations to influence the amount of money in circulation. Understanding the money supply is essential for policymakers, investors, and economists in analyzing economic trends and forecasting future developments.

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all of the following are true regarding business customs in south africa except: question 7 options: men and women in business expect to be treated equally first meetings are less about business and more about establishing a relationship most south africans prefer face-to-face interactions appointments should be made as far in advance as possible

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You ought to conceal your lips in a polite manner when yawning. It's rude to spit in public. Always show more respect to people who are older than you.

In South Africa, tips company make up 10% of overall goods costs and are not usually added to the total. In South Africa, company are hierarchical, and decisions are ultimately made after consultation with lower-level employees. Due to the lack of employment goods opportunities in Africa, South Africans are typically exceedingly loyal to their employers and places of employment.

They frequently work for the same company their entire working lives. With the intention of generating income and defending the domestic market, they are imposed on imported goods.

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the view that a successful strategy is less the product of deliberation and planning than it is the product of the collision of intentions and reality, whether internal or external, is referred to as

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The view that a successful strategy is less the product of deliberation and planning than it is the product of the collision of intentions and reality, whether internal or external, is referred to as Emergent Strategy.

The emergent strategies are those systems taken on considering an exhaustive investigation of both outside and interior climate as it were. Rising methodologies are those actions which are taken to guarantee that an organization develops and is effective in any event, when there are no specific laid-out points or objectives.

Nonetheless, the proclamation that a rising technique can exist in just an inner and outside climate is valid.

This is on the grounds that these interior and outside factors are the reason the methodologies are set up to ensure that there is an acknowledged objective in the organization and that coherence is guaranteed.

If it's not too much trouble, note that an inside climate is one that straightforwardly affects the company, while an outer climate doesn't straightforwardly influence the organization

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alpha, inc. is saving money to build a new factory. six years ago they set aside $250,000 for this purpose. today, that account is worth $306,958. what rate of interest is alpha earning on this money?

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Alpha, Inc. is saving money to build a new factory. Six years ago they set aside $250,000 for this purpose. Today, that account is worth $306,958. The mentioned account has a 3.48% interest rate.

The annualized interest rate is the rate of return on investment calculated annually. This metric is more significant than the holding period return since it takes into account the variable maturity of each investment.

The first deposit is $250,000.00.

The current balance is $306,958.

N = 6 holding period

Calculate the yearly interest rate (I):

I = [tex]N\sqrt{Current balance / initial deposit}[/tex] - 1

I = [tex]\sqrt[6]{306,958 / 250,000}[/tex] - 1

I =3.48%

The interest rate is the amount charged by the lender to the borrower in addition to the principal amount. In terms of the receiver, a person who deposits money in any bank or financial institution gains extra money due to the time value of money, which is referred to as interest received by the depositor.

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The duty of business to contribute to the well-being of society is called: ________

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The duty of business to contribute to the well-being of society is called corporate social responsibility

A business concept called "corporate social responsibility" pushes companies to act in ways that help society and the environment rather than damage them. CSR helps to improve a lot of societal aspects as well as firms' reputations. Corporate responsibility programmes are a great method to raise morale at work. CSR is crucial for a business's reputation, ability to attract customers, employees, and investors, as well as for keeping top talent on board and attaining overall economic success. Volunteering, charitable work, ethical workplace practises, and environmental projects are the four different CSR initiatives that a firm may undertake.

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in the current calendar year, gina has had a strong year and brought in 3.5 million dollars of investments for smith/blackwell. which dimension of trustworthiness does this most help her build?

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In the current calendar year, Gina has had a strong year and brought in 3.5 million dollars of investments for smith/Bracknell. Ability dimension of trustworthiness does this most help her build.

What is investments?

An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments. The investment is the benefit of the future. The investment are the share and the mutual funds, or banks are to save the money also the large interest on the money.

According to the Gina has had an intense year and bring forward in 3.5 million dollars of investments for smith/Bracknell. It was the ability dimension of trustworthiness was the build.

As a result, the significance of the investment are the aforementioned.

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given a normal market supply curve for mp3 players, if the nightly news reports that loud music increases hearing loss, then there is a/an

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The correct answer is D. There is an increase in the quantity supplied of daisies.

A market in economics refers to a physical or virtual space where buyers and sellers come together to exchange goods and services. In the market, the price of goods and services is determined by the forces of supply and demand. A market is not limited to a specific location; it can be national or international.

Markets play a vital role in the economy as they allocate resources efficiently. A well-functioning market ensures that goods and services are produced at the lowest possible cost and are available to consumers at the lowest possible price. It encourages competition among suppliers and helps prevent the exploitation of consumers.

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Complete Question:

Given a normal market supply curve for daisies, if the price of daisies increases from $1.00 per dozen to $2.00 per dozen, then there is a(n):

a. decrease in the supply of daisies.

b. increase in the demand for daisies.

c. increase in the supply of daisies.

d. increase in the quantity supplied of daisies.

e. decrease in the quantity supplied of daisies.

assume that consumers consider popcorn and pretzels to be substitutes. a significant increase in the supply of popcorn will affect the pretzel market by

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Assuming that consumers consider popcorn and pretzels to be substituted, a significant increase in the supply of popcorn will likely lead to a decrease in the price of popcorn.

This is because, as the supply of popcorn increases, sellers will need to lower the price of popcorn to entice buyers to purchase it.

This decrease in the price of popcorn will make popcorn a more attractive option for consumers, which will likely cause a decrease in the demand for pretzels. This is because, as popcorn becomes cheaper, consumers will switch from buying pretzels to buying popcorn, since the two products are considered substitutes.

As a result, the increase in the supply of popcorn will lead to a decrease in the demand for pretzels, which will likely cause the price of pretzels to fall as well. Overall, the market for both popcorn and pretzels will experience a decrease in price, with the extent of the decrease depending on the specific supply and demand conditions in the market.

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Between a 14-Day EMA & 200-Day EMA, which tells us more about the short term trend of a security?

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The 14-day EMA (Exponential Moving Average) tells us more about the short-term trend of a security, as it is calculated based on the prices over the last 14 trading days.

The 200-day EMA, on the other hand, is derived using prices from the previous 200 trading days and is frequently used to predict a security's long-term trend.

The EMA will be more sensitive to recent price fluctuations and will represent the short-term trend if the time frame used to compute it is shorter. The longer the time frame utilized to calculate the EMA, the more accurately it reflects the long-term trend.

Hence, in summary, the 14-day EMA informs us more about a security's short-term trend, whereas the 200-day EMA tells us more about its long-term trend.

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assume that while employed at the manufacturing facility in france, a french woman was sexually harassed by a supervisor, who is also french. neither hold u.s. citizenship. may she bring an action for harassment in a u.s. federal court?

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The French woman could be allowed to file a harassment claim in a federal court in the United States, but it would rely on a number of variables, including the specifics of the harassment.

Explain the above statement using valid arguments.

Typically, a case must have some relationship to the United States, such as the presence of a U.S. person or the commission of a tort on U.S. soil, in order for a U.S. federal court to have authority over it. There are other laws governing when individuals who are not U.S. citizens or residents can be sued in U.S. courts. It might be challenging to prove the requisite link to the United States in this instance because neither the claimant nor the defendant are U.S. citizens, and the alleged harassment allegedly took place in France. Nonetheless, in some cases, such as when the defendant has a sufficient amount of connections with the United States, American courts may have authority over non-citizens.

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the region has been the largest exporter of petroleum for the last four decades. Which country is it?

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The country that has been the largest exporter of petroleum for the last four decades is Saudi Arabia.

Who is an exporter?

A person or company that is exporting goods is in fact referred to as an exporter. This suggests that the person moves goods for trade from his home country to another. The nation from which the goods were sent is referred to as the exporting nation in this context.

What does the exporter do?

It is the exporter's responsibility to ascertain if the export of a certain good or piece of technology is subject to export regulation. Nonetheless, guidance may be available from the relevant authorities. Exporters should carefully investigate whether a particular product or technology is subject to export control laws.

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chelsea technology maintains its records using cash-basis accounting. consider the following: during the year, the company received cash from customers, $49,000, and paid cash for salaries, $26,500. at the beginning of the year, customers owe chelsea $1,000. by the end of the year, customers owe $7,800. at the beginning of the year, chelsea owes salaries of $6,800. at the end of the year, chelsea owes salaries of $3,900. determine cash-basis net income and accrual-basis net income for the year.

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The cash-basis net income for the year is $22,500, and the accrual-basis net income for the year is $32,200.

Cash-basis accounting recognizes revenue and expenses when cash is received or paid, while accrual-basis accounting recognizes revenue and expenses when they are earned or incurred, regardless of when cash is received or paid.

Using the information given, we can calculate the cash-basis net income as follows:

Cash receipts from customers = $49,000

Cash payments for salaries = $26,500

Cash-basis net income = Cash receipts - Cash payments

Cash-basis net income = $49,000 - $26,500

Cash-basis net income = $22,500

To calculate the accrual-basis net income, we need to adjust the cash-basis net income for the changes in accounts receivable and accounts payable. The change in accounts receivable represents the revenue earned but not yet received in cash, while the change in accounts payable represents the expenses incurred but not yet paid in cash.

Change in accounts receivable = Ending accounts receivable - Beginning accounts receivable

Change in accounts receivable = $7,800 - $1,000

Change in accounts receivable = $6,800

Change in accounts payable = Ending accounts payable - Beginning accounts payable

Change in accounts payable = $3,900 - $6,800

Change in accounts payable = -$2,900 (a negative value indicates a decrease in accounts payable)

Accrual-basis net income = Cash-basis net income + Change in accounts receivable - Change in accounts payable

Accrual-basis net income = $22,500 + $6,800 - (-$2,900)

Accrual-basis net income = $22,500 + $6,800 + $2,900

Accrual-basis net income = $32,200

Therefore, the cash-basis net income for the year is $22,500, and the accrual-basis net income for the year is $32,200.

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knowledge check 01 which of the following statements about why companies frequently choose to lease assets are true? (select all that apply.) check all that apply leasing offers flexibility when disposing of the asset. leasing offers flexibility when disposing of the asset. leasing offers tax savings over outright purchases. leasing offers tax savings over outright purchases. leasing provides protection against the risk of declining asset values. leasing provides protection against the risk of declining asset values. leasing reduces the upfront cash needed to use an asset. leasing reduces the upfront cash needed to use an asset.

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The following statements are true about  why companies frequently choose to lease assets

Leasing offers flexibility when disposing of the asset.Leasing reduces the upfront cash needed to use an asset.

A Leased Asset exists as a resource rented by the proprietor to one more party as a trade-off for cash or some other blessing. While renting a resource, the proprietor enters into an agreement allowing the other party the brief utilization of a resource.

Long-haul resources exist as interests in an organization that will help the organization for a long time. Long haul resources can contain fixed resources like an organization's property, plant, and hardware, yet can likewise contain elusive resources, which can't be genuinely contacted like long haul ventures or an organization's brand name.

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rohan, inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. the profit margin is 6 percent. what is roa?

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Rohan, Inc. has an ROA of 9.3%. This means that for every dollar of assets the company owns, it generates approximately 9.3 cents of net income.

To calculate the Return on Assets (ROA) for Rohan, Inc., we need to divide its net income by its total assets:

Net income = Sales x Profit margin = $15.2 million x 6% = $912,000

ROA = Net income / Total assets = $912,000 / $9.8 million = 0.093 or 9.3%

This measure is important for evaluating a company's efficiency in generating profits from its assets.

The return on assets (ROA) shows the percentage of how profitable a company's assets are in generating revenue.

This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.

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a situation in which early exercise of an american put can be justified is a) bankruptcy b) merger c) if x exceeds s0 by greater than any transaction costs. d) both a and b

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An instance when early exercise of an American put is appropriate is. bankruptcy

If a person or business is unable to pay their debts or other obligations, they may file for bankruptcy. It gives a fresh start for people who are trying to make ends meet. To begin the bankruptcy process, a petition is filed, either on behalf of the debtor, which happens more frequently, or on behalf of bondholders, which happens less frequently. Individuals or other businesses that are unable to repay their creditors may seek partial or whole relief from their debts through the legal procedure of bankruptcy. Typically, bankruptcy is imposed by a court order that the debtor regularly requests. Because an insolvent person may have multiple legal statuses, the word "bankruptcy" is not a synonym for insolvency.

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at the equilibrium price, there are multiple choice shortages. no shortages or surpluses. excess inventories. surpluses.

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It is impossible to have shortages or surpluses at the equilibrium price. This indicates that there is inventory and that the total amount of the surpluses by producers is equivalent to the amount of the  demanded by consumers.

What products do consumers demand more of today?

Consumers tend to demand more of a normal good as their incomes rise. When consumers' incomes rise, their demand for inferior goods decreases.

What's a good illustration of demand?

The most useful restaurant slice, for instance, will be the slice a consumer can purchase first when they're starving. The utility falls and the customer's satisfaction rises with each additional slice.

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what is called whether the consumer's demand for a different quantity at each price causes the demand curve to shift to the left or to the right?

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Demand patterns can alter. Changes in factors like average income and preferences may cause a whole demand curve to move to the right or left.

What does "demand" in economics mean?

Demand is simply the consumer's immediate and willing willingness to pay for goods and services. The quantity of goods that customers are prepared and willing to buy at various prices within a particular time frame is referred to as demand.

For instance, the pizza slice that a client buys first when they are starving will be the one that is most useful. With each additional slice, the utility falls and the customer's satisfaction rises. Theoretically,.

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a free-market system cannot operate effectively and fairly without a reliable foundation in contract law.
true
false

Answers

A free market framework can't function fairly and successfully without the need for a solid foundation throughout contract law, as well as all buyers and sellers should be self - assured that now the transaction they are about to enter into will be concluded as specified. This statement is true.

What are the basic principles of contract law?

An offer and otherwise proposal has been made through one party and accepted by the other, resulting in an agreement. Both parties' free consent is required. Parties need to have good mental health. Intention of Legal Obligations.

Is it necessary for a contract to be in writing in order to be enforceable if achievement is unimaginable inside one year?

To really be enforceable under the Statute of Frauds, any contract which cannot be performed within one year must be written in writing.

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the digital millennium copyright act is controversial, in part, because of which of the following? select all that apply. question 17 options: it adds a new federal tax to all cds, dvds, and bluray discs. it lengthens copyright protection to 1,000 years. it makes it illegal for consumers to circumvent encryption placed on digital media. it requires music streaming services to register with the us copyright office.

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The Digital Millennium Copyright Act is contentious in part because it forbids customers from getting around digital media's encryption.question 17 options: it adds a new federal tax to all

The US approved the Digital Millennium Copyright Act (DMCA) in 1998 to address copyright infringement concerns brought on by the increased use of digital media. By giving them tools to stop the unlicensed copying and Digital Millennium of their works in digital format, the DMCA is designed to safeguard copyright holders. One of the DMCA's more contentious clauses prohibits customers from removing digital media's encryption, regardless of whether doing so is necessary for lawful purposes like fair use or interoperability. Despite objections, the DMCA has solidified US copyright law, and its provisions continue to influence how digital media and intellectual property rights are seen.

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How do companies regulate trade?

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Answer:

Explanation: Protective tariffs, import quotas, trade embargoes, and voluntarily restrained exports are the four primary categories. The protective tariff, which is a levy on imported goods, is the most prevalent kind of trade barrier. Tariffs are used by nations to increase income and shield home sectors against international imports that are more affordable.

which step of the formal planning process involves evaluating goals and plans?

Answers

The third step of the formal planning process involves evaluating goals and plans.

What exactly does management planning entail?

The management task of planning include deciding on a course of action for achieving goals and creating objectives. Managers must foresee future conditions and understand the current environmental issues their firm is facing in order to effectively plan.

What does the term "planning process" mean?

In the planning process, goals are created, tasks are developed to achieve goals, resources are identified, a timeline is created, tracking and assessment criteria are established, the plan is finalized, and the team is given access to the plan.

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productivity is a measure of multiple choice input per dollar of output. input per unit of output. output per unit of input. output per dollar of input.

Answers

Productivity refers to the measure of the output per unit of input. Thus it is the amount of output accomplished relative to the number of inputs used to produce the output.

What is the importance of productivity?

Productivity is a gauge of how effectively anything, whether a good or service, is produced. Measures of productivity are generally expressed as a ratio of an aggregate output to a single input, an aggregate input used in a manufacturing process, or as output per unit of input, typically over a certain time period.

An economy is able to create and consume a growing number of goods and services for the same amount of effort thanks to the development in productivity. Productivity matters to people that includes workers and customers, company executives, and experts like government statisticians and politicians. The ratio of output to input indicates the production level.

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Look at the data under PURCHASE BEHAVIOR. How often do consumers in this segment purchase a backpack? a. Roughly $56 [$37/unit *.50%=18.5] [37+18=56]b. 22.5[45*.50]c. Wide padded [decent comfort and capacity numbers]d. A purchase every four years

Answers

The purchase behavior shows that a consumer in the segment of backpack makes a purchase in every four years.

Consumer means any person or person not directly involved in business or trade who intends to order or use the purchased item, product or service, primarily for personal, social, family or household purposes. is a group of

Consumers in the economy purchase products and services primarily for personal use rather than for resale or business purposes. A customer must pay money (or its equivalent) for a product or service. As a result, consumers are an integral part of any economy and play a key role in the economic system of capitalist societies.

Hence the correct option is D

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person-focused pay programs depend, in large part, on well-designed training programs. question 8 options: true false

Answers

I believe that the company's true person-focused pay policies rely heavily on effective training programs.

Which five popular training modalities are there?

There are five main categories of training: orientation training, vocational training, trade training, internship training, and retraining.

What is an exercise strategy?

An structured method of developing a training curriculum for staff members is called a training strategy. In order to ensure that staff members have the skills necessary to produce good business results, an efficient employee orientation program is a key stage in their professional growth.

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there is a substantial and growing body of research evidence showing a strong connection between how firms and the economic results they achieve.group of answer choicesmanage their peopleselect board memberseducate their management staffdiversify their product line

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There is a substantial and expanding body of data that demonstrates a strong correlation between how (A) businesses manage their employees and the financial success they experience.

What is Management?

The administration and coordination of tasks to accomplish a goal is management.

Setting the organization's strategy and organizing staff efforts to achieve these goals through the application of resources available are examples of such administration activities.

There is a sizable and growing body of evidence that shows a direct link between how organizations manage their staff and their level of financial success.

Planning, organizing, staffing, leading, and managing are the five general responsibilities that makeup management at its most basic level.

Therefore, there is a substantial and expanding body of data that demonstrates a strong correlation between how (A) businesses manage their employees and the financial success they experience.

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Complete question:
There is a substantial and growing body of research evidence showing a strong connection between how firms _____ and the economic results they achieve.

A. manage their people

B. select board members

C. educate their management staff

D. diversify their product line

vincent invested $3,000 in a regular savings account that paid compound interest at a rate of 2.75% per year, compounded quarterly. how much was his investment worth in three years?

Answers

The correct answer is $3,257.08. vincent invested $3,000 in a regular savings account that paid compound interest at a rate of 2.75% per year, compounded quarterly.

The future value of a loan or investment may be determined using the formula FV = P*(1+R/N)(N*T), where FV is the future value, P is the original principle, R is the yearly interest rate, N is the number of times interest is compounded annually, and T is the length of time in years. Therefore, when compounded continually, it will take around 36.62 years to treble the investment. It is computed by adding the yearly interest rate increased to the number of compound periods and subtracting one after multiplying the initial principal amount by one. The resultant value is subsequently deducted from the loan's entire original amount. P stands for principle, I stands for interest rate, and n stands for compounding periods.

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Not all voices of protest during this period came from the unions. identify the political agendas of the following individuals.a. Upton Sinclair: He called for the state to utilize disused factories, farms, and homes to create cooperative ventures to provide jobs for the unemployed.b. Huey Long: He called for a restructuring of the American economy in which wealth would be confiscated and redistributed to provide $5,000 grants and guaranteed jobs with annual salaries.c. Dr. Francis Townsend: He won wide support for a plan that would issue $200 to older Americans with the requirement they immediately spend it to boost the economy.

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He demanded that the government develop cooperative ventures that would provide the unemployed economy with employment using abandoned factories, farms, and homes.

Upton Sinclair is the correct name.His suggestion to give seniors $200 and have them spend it immediately away in order to boost the economy was highly supported.It ought to say Francis Townsend, Dr.In order to provide $5,000 grants and ensured employment with annual salaries, he demanded that the American economy be reorganised.proper spelling.Short Huey He called for a restructuring of the American economy in which wealth would be confiscated and redistributed to provide $5,000 grants and guaranteed jobs with annual salaries.Correct label:Huey Long.The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources. In addition to providing context and content, these factors establish the rules and conditions under which an economy runs

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what factors that affect a sales manager's performance are outside the manager's control? (choose every correct answer.) multiple select question. an inadequate sales force poor implementation of a sales strategy successful competition an economic downturn

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Successful competition, an economic downturn  that affect a sales manager's performance are outside the manager's control.

What ought I should include in my manager's performance evaluation?

In a review, you can laud your manager's aptitude for establishing objectives for you and your team. Sharing a concrete instance of a goal they established and how it benefited you can be useful. For instance, you may mention how setting milestones for each stage of a particular project helped you maintain concentration on the various responsibilities.

What kind of management is ideal?

A good manager cares deeply about the output of their team and the quality of their own job. Others are motivated by a person's passion and zeal to work hard and accomplish their goals. When managers are enthusiastic, they start thoughtful, original, and creative conversations with their staff.

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What factors that affect a sales manager's performance are outside the manager's control? (Select all that apply.)

Successful competitionPoor implementation of a sales strategyInadequate sales forceAn economic downturn
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