researchers have found a strong correlation between customer satisfaction and willingness to tolerate a price increase (inelastic demand). question 2 options: true false

Answers

Answer 1

Answer:False.

Explanation:

Researchers have found a negative correlation between customer satisfaction and willingness to tolerate a price increase. In general, satisfied customers are more likely to be price-sensitive and less willing to accept price increases, resulting in elastic demand. Dissatisfied customers, on the other hand, may exhibit inelastic demand and be more tolerant of price increases due to a lack of perceived alternatives or switching costs.


Related Questions

You are valuing the stock of Microsoft Corp. You estimate the fair value of the stock of $270. Currently the stock is trading at $244.37. Your recommendation should be:

Answers

Answer: buy the stock

Explanation:

Fair value refers to the price of an asset that's determined by the buyer and the seller. It's the worth of an asset. The market value is the price an an asset is sold in the marketplace.

By comparing the fair value and the market price, one can know if to invest in a asset or not. Since the fair value is more than the market price, then the should be bought.

an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

please help me ive been stuck on this problem :( ((update i solved it))

please help me ive been stuck on this problem :( ((update i solved it))

Answers

The return on equity that Pam would have is going to be 10 percent.

What is meant by Return on Equity?

Return on equity (ROE) is a financial ratio that measures the profitability of a company in relation to the amount of equity invested by shareholders. It is calculated by dividing net income by shareholder equity.

A higher ROE indicates that a company is generating a higher return on the investment made by its shareholders. It is commonly used to measure a company's efficiency at generating profits from shareholders' equity.

The formula is given as

net income / shareholders equity * 100

= 100 / 1000 * 100

= 0.1 * 100

= 10%

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categorize what are two examples of goods and two examples of services? (do not cite examples provided in the lesson.)

Answers

To categorize examples of goods and services, here are two examples of each:

Goods:
1. Clothing: This includes items such as shirts, pants, dresses, and shoes that people wear to protect and express themselves.
2. Electronic devices: Examples of electronic goods include smartphones, laptops, tablets, and televisions. These devices provide entertainment, communication, and productivity features.

Services:
1. Hairdressing: Hairdressing is a service that involves cutting, styling, coloring, and treating hair. It is provided by hairdressers or stylists in salons.
2. Plumbing: Plumbing is a service that involves installing, repairing, and maintaining pipes, fixtures, and other plumbing systems in homes, buildings, and infrastructure.

Goods are physical products that can be touched or held, while services are intangible actions or tasks performed by individuals or businesses to fulfill a specific need or desire.

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Which of the following requires that banks use not only credit ratings assigned by credit rating agencies but also other methods to assess the risk of debt securities, including their own assessment of risk? The Glass-Steagall Act O Gramm-Leach-Bliley Act The Depository Institutions Deregulation and Monetary Control Act (DIDMCA) The Financial Reform Act of 2010

Answers

The Financial Reform Act of 2010 is an important piece of legislation that seeks to promote financial stability and protect consumers from the kind of risks and abuses that led to the financial crisis.  Correct answer is The Financial Reform Act of 2010

The Financial Reform Act of 2010, also known as the Dodd-Frank Act, requires that banks use not only credit ratings assigned by credit rating agencies but also other methods to assess the risk of debt securities, including their own assessment of risk. This is because the financial crisis of 2008 highlighted the shortcomings of relying solely on credit ratings, which proved to be inaccurate and led to a false sense of security among investors.


The Dodd-Frank Act aims to increase transparency and accountability in the financial sector, and one way it does this is by requiring banks to conduct their own due diligence when assessing the risk of debt securities. This includes analyzing factors such as the issuer's financial health, the creditworthiness of the borrower, and the terms of the loan.



By requiring banks to use multiple methods to assess risk, the Dodd-Frank Act seeks to prevent another financial crisis by ensuring that investors are fully informed about the risks associated with their investments. It also encourages banks to take a more conservative approach to lending and investing, which can help to prevent the kind of reckless behavior that contributed to the 2008 crisis.

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Which of the following does not describe a product feature?*
flavor
price
texture
color

Answers

the answer is color

Answer:price

Explanation:

Which of the following does not describe a product feature?*flavorpricetexturecolor

Wilson, Inc. , has a current stock price of $44. 50. For the past year, the company had net income of $6,400,000, total equity of $21,610,000, sales of $39,300,000, and 4. 4 million shares of stock outstanding.

A) What are earnings per share (EPS)?

B) What is the price earnings ratio?

C) What is the price sales ratio?

D) What is the book value per share?

E) What is the market-to-book ratio?

Answers

Current stock price = $44.50

Net income = $6,400,000

Total equity = $21,610,000

Sales = $39,300,000

shares of stock outstanding = 4.4 million

1. Earnings per share:

= Net income ÷ shares of stock outstanding

= $6,400,000 ÷ 4.4 million

= $1.45

2. Price−earnings ratio:

= Market price per share ÷ EPS

= $44.50 ÷ $1.45

= 30.68

3. Price−sales ratio:

= Market capitalization ÷ Total sales

= ($44.50 × 4,400,000) ÷ $39,300,000

= $195,800,000 ÷ $39,300,000

= 4.982

4. Book value per share:

= Shareholder's equity ÷ shares of stock outstanding

= $21,610,000 ÷ 4,400,000

= $4.911

5. Market-to-book ratio:

= Market value per share ÷ Book value per share

= $44.50 ÷ $4.911

= 9.061

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You buy a new commercial stove for $9,000 and estimate that it will enable you to deliver 20 additional meals per night at an average price of $20. Assuming 25% food cost and no additional costs to using the new stove, how long will it take the stove to pay for itself? a)30 days, b) 90 days, c)180 days, d)365 days

Answers

Answer:

a)30 days

Explanation:

For the stove to repay itself, it will have to reach the break-even point.

the costs associated with the are the cost $9000

The gains from the stove:  20 meals per night at $20.

the cost per mean is 25% of the selling price

=25/100 x 20

=0.25 x20

=$5

The profits per meal = $20 -$5 = $15

Profits for 20 meals = $15 x 20 =$300

Dairy income from the stove is $300

To recover the cost, it will take $9000/$300 days.

=30 days

Answer:

30 days

Explanation:

Anson Jackson Court Company (AJC) The Ann Jan Court CC creatly has $150.000 (and book leopapel debt outstanding or changes and (ERITA 130.000, and that growth company current out of equlty le 105, and its tax rats2 The firm h 10,000 as of common stock tetandinella share of 500.00 Peter to the data for the Anion Jackson Court Company (c. Now we that is coming changes its netginal capital structore capital structure with you and bol equiry. If it makes this change, its resulting market value would be 3701,067 What would be its bew stock price pertabure 563.27 560.17 16412 Od: 61.17 O 56277 - Picos y

Answers

Rounding to two decimal places, the new stock price per share would be $37.01, or 560.17. The solution would therefore be 560.17.

Based on the information provided, we know that the Anson Jackson Court Company (AJC) has $150,000 in equity, $130,000 in debt, and a growth company currently out of equity of $105,000. The tax rate is not specified. Additionally, the company has 10,000 outstanding shares of common stock with a par value of $500 per share.

If AJC changes its capital structure by issuing new equity, its resulting market value would be $370,1067. To find the new stock price per share, we need to divide the total market value by the number of outstanding shares:

$370,1067 / 10,000 shares = $37.01

Therefore, the new stock price per share would be $37.01, or 560.17 when rounded to two decimal places. So the answer would be 560.17.

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In an insurance contract, the insurer is the only party who makes a legally enforceable promise. What kind of contract is this

Answers

Answer:

Unilateral Contract

Explanation:

Given what you have learned from your text, what have been some of the benefits of microlending in Bangladesh? Check all that apply. A gain in economic freedom for women A large increase of people working their way out of poverty More businesses generated more jobs,

Answers

All the statements apply to benefits of microlending in Bangladesh. Microlending is a form of financing that provides small loans to entrepreneurs or small business owners who do not have access to traditional banking services. Microlending has been a very successful tool in Bangladesh, providing numerous benefits to the local population.

Some of the benefits of microlending in Bangladesh include:
- A gain in economic freedom for women: Microlending has allowed many women in Bangladesh to start their own businesses and become more financially independent. This has helped to empower women and promote gender equality.
- A large increase of people working their way out of poverty: Microlending has helped many people in Bangladesh to start their own businesses and generate income, which has helped them to work their way out of poverty.
- More businesses generated more jobs: As more people have started their own businesses with the help of microlending, more jobs have been created, which has helped to boost the local economy.

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Jake’s company uses a unique ergonomics and organization system to help employees work more efficiently. The company wants Jake to sign a nondisclosure agreement not to expose the system. The employee may share the trade secret with others outside the company. The employee may be subject to fines if he were to reveal the trade secret. The employee may use the trade secret at another company as long as he does not reveal it to others. The answer is dependent on additional details not provided. No trade secret exists in this scenario.

Answers

If the company wants Jake to sign a nondisclosure agreement not to expose the system. The employee may be subject to fines if he were to reveal the trade secret.

What is nondisclosure agreement?

Nondisclosure agreement can be defined as the agreement that a person should not  disclose confidential or sensitive information.

in a situation were Jake sign the nondisclosure agreement and still   went ahead to disclose the information , the employee will be subject to fines because the employee has break the nondisclosure agreement that is between him and is employer.

Therefore If the company wants Jake to sign a nondisclosure agreement not to expose the system. The employee may be subject to fines if he were to reveal the trade secret.

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What are 2 positives and 1 negative for Market/Capitalist economies and then 2 positives and 1 negative for Command/Socialist economies.

Answers

Answer:

All of the economy types have their own unique characteristics, with some differing a lot, while some are similar. Most of the resources in a market economy are owned by the private sector, though it is very common that the government owns some of the national resources, while in the capitalistic economy, the ownership is entirely on the private sector. IN a socialist or command economy the resources are mostly or entirely owned by the government, with the private sector being minimal or non-existent. IN the traditional economy, on the other hand, the ownership is usually determined by inheritance, and since this economy type is not very fond of changes, the economic status of the people may remain the same for a very long period of time. hope this helps

Explanation:

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a gross premium of 800 is paid each year by an insured not in the terminated state calculate the expected value of gross premiums less healthcare costs over the first 3

Answers

The expected value of gross premiums less healthcare costs over the first 3 years would be the sum of 800 x 3, minus the cost of healthcare over the same period

How to calculate expected value

The expected value of gross premiums less healthcare costs over the first 3 years for an insured who pays an annual gross premium of 800 can be calculated using the following formula:

Expected Value = (800 x 3) - (Cost of Healthcare x 3)

Therefore, the expected value of gross premiums less healthcare costs over the first 3 years would be the sum of 800 x 3, minus the cost of healthcare over the same period

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If the Fed wants to increase the money supply through open market operations, it will Group of answer choices purchase government securities. lend more reserves to commercial banks. first purchase, then sell, government securities. sell government securities.

Answers

If the feds want to increase the money supply in the economy they would:  purchase government securities.

How does the fed raise money supply?

The federal reserve of the United States is known to raise its money supply when they purchase securities.

They do this by using newly created money and also lowering the interest rate that is in the economy.

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Maxine views her company as a grouping of departments that must work together and as a single entity that has customers, suppliers, and competitors. Maxine is utilizing: _____________


a. Total quality management.

b. A quantitative viewpoint.

c. Qualitative management.

d. A systems viewpoint

Answers

Maxine is utilizing a system's viewpoint when she views the company as a single entity.

What is System's viewpoint?

This is defined as an open social systems that must interact with their environments in order to survive.

Maxine viewing the company as grouping of departments that must work together and as a single entity  depicts system's viewpoint which was why option D was chosen as the most appropriate choice.

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what is the importance of inference, psychological safety, and team effectiveness in the design thinking process?

Answers

Design thinking encourages collaboration, flexibility, curiosity, and positivity, creating happy teams and positively influencing the outcome. Through this process, team members feel valued and clients know that their feedback is taken into consideration.

Design is an art shape, a method of human expression that follows a gadget of tremendously evolved processes so that you can imbue objects, performances, and experiences with significance. like any artwork bureaucracy, the layout has the capacity to clear up issues, but there may be no guarantee that it's going to.

An critical part of the definition of the word layout is the reason: to intend for a particular motive, to assign in notion or purpose; a reason or plan of action. design without motive is design without that means or purpose. We accept as true with without a cause there's no design. An instance of design is a plaid sample on a pair of pants.

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2. Which type of work — a job or a career — do you think demands more emotional energy, and why?

Answers

Answer:

doctor

Explanation:

Making sure everyone is well taken care of and prescribed the right medication

Both jobs and careers can demand emotional energy, but the level of emotional energy required may vary.

What is a job

A job is typically short-term and may not provide a strong sense of purpose, leading to a lower emotional investment. On the other hand, a career involves long-term goals and personal development, leading to a deeper commitment and sense of purpose, which can require a higher level of emotional energy.

Individual circumstances, job responsibilities, and personal motivations can also influence the emotional energy demanded by a job or career. Ultimately, emotional energy is an important consideration in both professional pursuits, as it impacts job satisfaction, motivation, and overall well-being.

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If your mom knew that Publix was going to have a big sale on chicken breast next week then her demand for chicken would________________

Increase

Decrease

No Change

Answers

Increase i believe since the chicken breast will be on sale

hello im Michal the fox how may tails i have three,two or,four

Answers

Answer:

2

Explanation:


Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.

a.Inflation

b.Dumping

Answers

Answer:

inflation

Explanation:

this a process by which prices of a particular goods are high

Which part of the business plan identifies plans for pricing policies?
Pilihan jawaban
a. Self-analysis
b. Trading area analysis
c. Proposed marketing plan
d. Product description

Answers

The section of the company plan known as the proposed marketing plan details proposals for pricing policies.

What are the five components of a business plan?

Business strategies fundamentally consist on these 5 bits of data. They consist of an overview of your company, a study of your industry's competition, a marketing strategy, a section on human resources (people requirements), and important financial data.

Where in the business plan does the price structure appear?

The marketing portion of your business plan is where your pricing approach should be best articulated. You should explain the price you will charge customers for your good or service in this area, along with your justification.

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brand refers to the loyalty, perceived quality, and emotions people associate with a given brand name. a. ownership. b. identification. c. position. d. equity.

Answers

d. Brand equity refers to the loyalty, perceived quality, and emotions people associate with a given brand name.

Brand equity is a measure of the value associated with a particular brand or product. It is the sum of the positive and negative differences between the perception of a brand and what it would be if it were not branded.

Brand equity is determined by a combination of factors such as brand awareness, perceived quality, customer loyalty, and the strength of associations made with the brand. It is often measured by the amount of money a consumer is willing to pay for a product with a brand name versus a generic product.

Brand equity is important to companies since it can lead to increased market share, higher sales and profits, and greater customer loyalty. Companies create brand equity by investing in marketing and advertising campaigns, as well as creating positive associations with the brand.

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4. As a result of the Covid pandemic, the management of FeiFei plc (F) are discussing with the executive workers union Emsa (E), the introduction of more flexible working practices to help increase profits. In return for accepting the new working practices, E are negotiating an increase in salaries. In these negotiations, E are attempting to maximise salaries and F are attempting to maximise their profits. Both F and E realise that they can each employ one of three negotiating strategies, and the profit/salary increase (%) depends upon the strategy employed by both F and E as follows:

E's Strategy

E1

E2

E3

F1

(5,6)

(6,8)

(2,7)

F's

F2

(5,4)

(8,5)

(2,6)

Strategy

F3

(5,3)

(8,3)

(3,4)

(If F employs F1 and E employs E1 then profits will increase by

5% and salaries will increase by 6%)

(a) Determine the likely outcome of these negotiations and explain how a more optimal outcome for both F and E might be achieved.

(300 words maximum) (35 marks)

The management of FeiFei plc (F) is also attempting to renegotiate a deal for the cost of its raw materials from Hippo plc (H). The price that F will pay and the amount that H will receive per unit of raw material (£) depends upon the strategies they both adopt as follows:F's Strategy

F4

F5

F6

H1

8

12

4

H's

H2

10

6

11

H3

10

14

8

Strategy

(If H employs H1 and F employs F4 then H will receive £8 per unit for the raw material and F will pay £8 per unit for the raw material).

(b)

(c)

Discuss why H3, F4 might appear to be a 'solution' to these negotiations and explain why it is unlikely to be achieved in practice.

(250 words maximum) (25 marks)

Determine the optimal strategy for both H and F in these negotiations and the amount which F can expect to pay for the raw materials. Explain the method

adopted at each stage of these calculations.

(300 words maximum) (40 marks)

Answers

The outcomes, represented as (profit increase, salary increase), indicate that the most favorable outcome for both F and E is when F employs strategy F2 and E employs strategy E2, resulting in a profit increase of 8% and a salary increase of 8%.

By analyzing the possible strategies and their corresponding outcomes, it becomes clear that F2 and E2 offer the highest gains for both parties. However, to achieve a more optimal outcome, F and E could employ cooperative negotiation strategies. This approach would involve open communication, compromise, and finding a mutually beneficial solution that balances profit maximization for F and salary maximization for E. By focusing on long-term sustainability and growth, both parties can work together to create a win-win situation that addresses their respective objectives.

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What intermediaries never actually own the products they promote and sell?

Answers

Answer:

Agents

Explanation:

An agent is a person or entity that has been authorities to act on behalf of another person. Agents negotiate business deals and contracts with third parties on behalf of their clients.

In the chain of distribution, many manufacturers do not sell products directly to consumers. They engage intermediaries such as wholesalers, distributors, retailers, and agents to get their goods to the final consumers. A majority of these intermediaries buy in bulk,  break the bulk and sell to other intermediaries or consumers. When they buy, they acquire title to the goods.

Agents do not acquire ownership of the goods because they do not buy. They only negotiate with consumers or intermediaries on behalf of the manufacturers.

Customer service personnel typically need at least A. a high school diploma. B. a vocational school certificate. C. a community college degree. D. a four-year degree.

Answers

Answer:

A. a high school diploma.

Explanation:

Typically, a Customer service representative's minimum qualification is a high school diploma. They also need on the job training to acquire specific skills required to work in that particular organization. Companies organize classroom-like training to teach the customer service representatives about their products and services.  

Some organizations, such insurance companies and banks, may demand higher qualifications due to the technical aspects of their job.

What is the difference between marketing and merchandising? How do each of these concepts fulfill a different function in the business world? Explain and provide a real-world example of each.

Answers

Answer:

The difference between marketing and merchandising is that marketing is virtual, like it is an advertisement via the Internet, paper copies, etc. Meanwhile, merchandising is a in-person product advertisement, like a salesman showing a potential buyer a new car. These concepts fufill different functions in the business world, since marketing can reach more people, more easily, while merchandising can only reach a handful of people, but the people will be more likely to buy the product. An example of marketing would be a car company advertising a new model via the Internet. An example of merchandising would be a salesman showing a customer a new car model.

Explanation:

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I worked very hard on this!

Marketing is virtual like a car company advertising a new model via the internet while merchandising is an in-person product advertisement like a salesman showing a potential buyer a new car model.

What is marketing?

Marketing can be understood as the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services. It potentially includes things such as the selection of a target audience, the selection of certain attributes or themes to emphasize in advertising, the operation of advertising campaigns, and attendance at trade shows and public events.

It also includes the design of products and packaging attractive to buyers, defining the terms of sale, such as price, discounts, warranty, and return policy, product placement in media or with people believed to influence the buying habits of others, agreements with retailers, wholesale distributors, or resellers and attempts to create awareness of, loyalty to, and positive feelings about a brand.

Marketing is typically done by the seller, typically a retailer or manufacturer.

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Which type of market is the one in which a person buys stock in the fast-food company that makes their favorite breakfast sandwich?

Product market
Factor market
Financial market
Closed market

Answers

The type of market is the one in which a person buys stock in the fast-food company is Financial market. Thus 3rd option is correct.

What is Financial Market?

Any location or system that gives buyers and sellers the ability to trade financial assets, such as bonds, shares, the various international currencies, and derivatives, is referred to as a financial market.

The connection between people with capital to invest and those who need capital is facilitated by financial markets.

The kind of market where a consumer purchases shares of the fast-food chain that sells their preferred breakfast sandwich is referred as financial market.

Thus 3rd option is correct.

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Answer: Financial market

Explanation: stocks

If the local government imposed a minimum wage of $4 in productionville, how many people would be unemployed

Answers

If the local government imposed a minimum wage of $4 in production Ville, then employment will decrease by 0.

Who among the following would be counted as unemployed?

If a person does not have a job, has actively sought employment during the previous four weeks, and is currently eligible for employment, they are considered to be unemployed.

How do we figure out the unemployment rate?

To find the proportion of unemployed people, divide the number of unemployed people by the total workforce, and multiply the result by 100.

What is considered the natural rate of unemployment?

Many people believe that a rate of unemployment between 4% and 5% indicates full employment and is not very alarming. The lowest rate of unemployment that exists while inflation is steady or when it is not increasing is known as the natural rate of unemployment.

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Renee is making trail mix. the recipe calls for 4 cups of walnuts for every 16 cups of trail mix.
to make 112 cups of trail mix, renee should put
cups of walnuts in the mix.

Answers

Renee should put approximately 28 cups of walnuts in the trail mix when making 112 cups of trail mix.

To find out how many cups of walnuts Renee should put in the trail mix when making 112 cups of trail mix, we can use the proportion from the recipe:

4 cups of walnuts / 16 cups of trail mix = x cups of walnuts / 112 cups of trail mix

To solve for x (the number of cups of walnuts needed), we can cross-multiply and then solve for x:

4 cups of walnuts × 112 cups of trail mix = 16 cups of trail mix × x cups of walnuts

448 cups of walnuts = 16x

Dividing both sides by 16:

448 cups of walnuts / 16 = x

x ≈ 28 cups of walnuts

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--The complete question is, Renee is making trail mix. the recipe calls for 4 cups of walnuts for every 16 cups of trail mix. According to the recipe, how many cups of walnuts should Renee put in the trail mix if she is making 112 cups of trail mix?--

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