When unwanted inventories pile up in retail stores, how is production affected?  What are the steps in this process?

Q: What is the best way to deal with shortages after a natural disaster?

A: In a market, when producers supply a lesser quantity of output than its demand due to various…

Q: (Trade Restrictions) Suppose that the world price for steel is below the U.S. domestic price, but…

A: When a country wants to restrict its imports of foreign goods it can use two devices: Tariffs…

Q: In a company, who gets to determine when and how data should be used?

A: Data refers to individual facts, figures, or bits of information that are often quantitative. A…

Q: Draw a supply and demand curve for your favorite product. You get a massive raise at work, what…

A: ANS A massive raise at work will increase the income earned by the consumer as a result the consumer…

Q: Customer value Is best understood as. a. The purchasing power that CUstomers benetit trom a certain…

A: Customer value assesses the worth of a product or service and compares it to other options…

Q: What does education premium refer to? a.The studying effort that students put in while studying…

A: People with various education levels acquire various wages. The education premium is the distinction…

Q: Why is it important to revise messages carefully? Select one: a. To ensure the message gets results…

A: When an individual communicates with another individual, it is a social activity as they interact…

Q: Refer to Figure 3-1. The rate of trade-off'between producing chairs and producing couches is…

A: Trade off means the number of units of a good foregone to produce an additional unit of another good…

Q: Is ketchup a final good or intermediate good?

A: # A good is reffered to be as a final good if it is the end product and is finally going to be…

Q: In a business Finance/Budgeting situation, create a budget for month-long vacation trip to Australia…

A: The technique of controlling one's income and expenses in order to meet financial objectives is…

Q: Is real estate BEST viewed as a commodity or a resource? Defend your position on why?

A: According to me, real estate is viewed as a resource not as a commodity. This is because a commodity…

Q: What is the single most important issue in your community?

A: Approach to solving the question:Step 1: Build more affordable homes.To solve the problem of…

Q: What the impact Covid19 in small business?

A: The impact of global pandemic of COVID-19 to the whole world is huge. In the case of small business,…

Q: What are somethings that are abundant in a community

A:

Q: The first step to take when you consider making a major purchase is to decide (a) whether you need…

A: The purchasing decision mechanism refers to how customers make decisions about retail purchases…

Q: A woman interested in real estate is working on a speech describing “The Five Steps to Buying…

A: Speech is the oral representation of one’s thoughts and feelings. When people have to communicate…

Q: What factors should one consider before making a major purchase?

A: Most of the major purchases are a one-time purchase, it pegs a huge amount of money. Major purchase…