What is the money demand curve?; Why is the money demand curve downward sloping opportunity cost?; What is the opportunity cost of holding money?; What affects the money demand curve?

Answers

Answer 1

The money demand curve is a graphical representation of the relationship between the quantity of money demanded by households and businesses and the nominal interest rate.

Why is the money demand curve downward sloping opportunity cost?

The opportunity cost of holding money is reflected in the downward-sloping money demand curve. The opportunity cost of holding money rises in proportion to the amount held. This opportunity cost is the return that a person could have earned if they had invested their money rather than kept it in cash. As a result, as the amount of money held grows, so does the potential return on investment and the demand for money.

What is the opportunity cost of holding money?

The opportunity cost of holding money is the potential gain from investing it in something else, such as stocks, bonds, or other financial instruments. Money held in cash earns no return, so the opportunity cost of holding money is the return that could have been earned from investing it elsewhere.

What affects the money demand curve?

The money demand curve is affected by a variety of factors, including the level of interest rates, the level of economic activity, the level of inflation, and the level of government spending. Other factors such as the availability of credit, the types of investments available, and the public’s expectations about the future can also affect the money demand curve.

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Related Questions

hamlets character development throughout the play

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Throughout the play, the development that Hamlet's character goes through is madness, anguish, sorrow, and a desire for vengeance.

How does Hamlet's character develop during the play?

Hamlet is one of the stories created by William Shakespeare and is also one of the most popular stories in the performing arts. Hamlet himself is the main character in this story and there are various acts that influence the character of Hamlet from the beginning of the story to the end of the story. Shakespeare himself incorporates an element of revenge into the story and of course, the character Hamlet is the role that takes on that character. Therefore, several character developments that Hamlet goes through are madness, anguish, sorrow, and desire for vengeance.

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In the presence of _____ profits, firms enter a monopolistically competitive market until the market reaches the point at which the firms are generating a _____ profit; then entry stops, and the market settles into its _____-run equilibrium.
economic; normal; long

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In the presence of economic profits, firms enter a monopolistically competitive market until the market reaches the point at which the firms are generating a normal profit; then entry stops, and the market settles into its long-run equilibrium.

Monopolistic competition- Monopolistic competition is a sort of imperfect competition when numerous manufacturers compete with one another yet sell various items that are not exact substitutes for one another.

When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.



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in the event of a non-material breach of a contract, the duty to perform is not excused and the non-breaching party must resume performance of the contractual obligations undertaken.

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in the event of a non-material breach of a contract, the duty to perform is not excused and the non-breaching party must resume performance of the contractual obligations undertaken .its true .

Generally speaking, a non-material violation is less serious than a significant breach. This kind of breach typically relates to a relatively small aspect of the contract. It is a breach that slightly deviates from the original intent of the contract rather than violating the fundamental terms of the agreement. A material breach of a contract is one that results in a significant failure to perform. A non-material violation is when a less significant contractual duty is not satisfactorily completed. In general, there are four different categories of contract violations: anticipatory, real, minor, and material. When one of the parties to the contract fails to fulfill the purpose for which it was made, this is referred to as a material breach. On the other hand, a non-material breach happens when the failure

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Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of $3,900. The division sales for the year were $1,059,000 and the variable costs were $869,000. The fixed costs of the division were $202,000. If the mountain bike division is dropped, 30% of the fixed costs allocated to that division could be eliminated. The impact on operating income for eliminating this business segment would be:
$60,600 decrease
$129,400 decrease
$56,700 decrease
$190,000 increase
$190,000 decrease

Answers

The impact on operating income for eliminating this business segment would be $129,400 decrease.

What is operational income, exactly?

After deducting all operating costs and depreciation, a company's operating income is the adjusted revenue. Operational costs, often known as operating costs, are only the expenses incurred to maintain the operation of the business.

Comparing operational income and profit

The difference between a company's gross profit and operating profit, also known as operational income, is known as operating profit. The difference between revenue and a company's COGS, which generates the profit from manufacturing or core operations, is the gross profit.

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A player that starts at the end of the game and progresses to the first move to determine best responsesA. is using the Stackelberg Strategy.B. is acting irrationally.C. doesn't understand how to play a game.D. is using backward induction.

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A player that starts at the end of the game and progresses to the first  is using backward induction.

What is backward induction?

Backward induction, which is used in game theory, is an iterative method of reasoning backward in time from the conclusion of a problem or scenario in order to solve finite extensive form and sequential games and infer a succession of optimum moves.

Game theory was made into a legitimate academic field with the publication of John von Neumann and Oskar Morgenstern's book Theory of Games and Economic Behavior in 1944.

At every stage of the game, backward induction determines the optimum course of action for the player who makes the ultimate decision. The optimal course of action for the next-to-last moving player is then chosen by using the preceding player's action as provided. As this process goes backward, the best course of action for each case will be chosen.

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Research has found that an increase in the price of beer would reduce the amount of marijuana consumed. This research indicates that the cross elasticity of the two products is:
• negative because beer and marijuana are complements.
• negative because beer and marijuana are substitutes for one another.
• positive because beer and marijuana are complements.
• positive because beer and marijuana are substitutes for one another.

Answers

According to research, a rise in beer prices would lead to a decrease in marijuana use. Because beer and marijuana are complementary items, this research shows that the cross elasticity of the two products is negative.

The cannabis plant yields marijuana, among other names for the psychotropic substance. The cannabis plant, which is native to Central or South Asia, has been used for thousands of years in traditional remedies as well as as a narcotic for entheogenic and recreational purposes. The primary psychoactive component of cannabis is tetrahydrocannabinol (THC), one of the 483 known plant chemicals. This number includes at least 65 other cannabinoids, including cannabidiol (CBD). Cannabis can be used orally, vapourizingly, ingested, or utilized as an extract.

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the basic model for choosing supply locations is called the facility location model levinson foods is in the process of expanding its distribution system. after some planned acquisitions, the company will have ten distribution centers, with monthly volumes (in cartons) as listed in the table. six of these sites will be able to support warehouses, in terms of the infrastructure available, and are designated by (w).

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The facility location model is the main concept for selecting supply locations. Levinson Foods is extending its distribution system.

Every company must employ location planning procedures. There are several alternatives for site selection. Corporations can opt to extend an existing site, close one location and relocate to another, open new locations while keeping current facilities, or do nothing. There are several approaches for determining the optimal site or alternatives for the organization. Methods include determining the country, geographical region, a limited number of community choices, and location alternatives. The location of raw supplies, accessibility to the market, climate, and culture are all elements that impact site placement. The cost-profit analysis for locations, the center of gravity model, the transportation model, and factor rating are all models for determining if a location is optimal for an enterprise.

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Dividends is a(n) ________ account that has a normal________ balance.a. liability; creditb. equity; debitc. liability; debit

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Dividends is an equity account that has a normal debit balance.

Equity, also known as shareholders' equity or owners' equity for privately held businesses, is the sum of money that would remain with a company's shareholders after all of its assets have been sold and all of its debt has been settled in the event of a liquidation. in the event of purchase.

The book value of a corporation can also be represented by shareholder equity. Equity may occasionally be provided as payment-in-kind. Additionally, it shows how many shares of a corporation each person owns.

One of the most popular types of information used by analysts to evaluate a company's financial health is equity, which can be found on a balance sheet of a company.

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Select the correct text in the passage.
What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.

While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he cannot cancel his hotel reservation. He also doesn’t want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto during his stay in Brazil.

Answers

The opportunity cost in this scenario is: Sightseeing or the visit to Ouro Preto during his stay in Brazil.

What is an opportunity cost?

Opportunity cost is the forgone alternative and this is used in economics to refer to the option of two or three that is omitted in order to make the best of the available resources. The alternative forgone in the case of Mikeal above is foregoing his plan to spend the remaining $1,000 that he had on sightseeing and buying souvenirs.

When Mikael took a comprehensive view of his resources, he observed that it would be difficult for him to enjoy all of the activities that he planned without running short of resources.

Thus, he decided to cut off the less important item on the list to make way for the more important ones. The activity that he cut off to make room for the others is the opportunity cost.

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holding supervisors accountable for production is an important component of control over ___ inventory. a. finished goods | b. all types of | c. raw materials | d. work in process

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The correct response is d. work in process. Holding supervisors accountable for production is an important component of control over work in process inventory.

Work that has started production at a manufacturing company but has not yet been finished is referred to as in-process inventory. Because accounting departments must account for the value of in-process inventory in the same manner that they do for raw materials and finished commodities, it is a crucial concept. Products that are still in the manufacturing process are listed under WIP inventory. You cannot sell them since they are in an incomplete form. When a raw material interacts with human effort, it is still a work in progress. Finished goods: These are your fully assembled, marketable products. The inventory account for a manufacturing company's balance sheet includes goods-in-process. It has to do with products that are still being manufactured and aren't quite ready for sale. To reduce stock-out costs, merchandise is kept on hand. To ensure that no consumer leaves empty-handed, all businesses must forecast the demand for their products and maintain inventories of raw materials, finished goods, work-in-progress, and consumables.

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kiddie world uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. the following data are available at the end of the year: cost retail beginning inventory $ 320,000 $ 465,000 net purchases 863,000 1,230,000 freight-in 24,500 net markups 50,000 net markdowns 20,000 net sales 1,210,000 estimate ending inventory and cost of goods sold using the conventional method. note: round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.)

Answers

Ending inventory is $334,004

Cost of goods sold is $873496

what is retail inventory method?

The retail inventory technique adds up the value of the items that can be purchased, including the initial inventory and any new purchases of inventory, to get the ending inventory value. The available goods for sale are subtracted from the total sales for the time.

How to calculate Retail Inventory method?

The Retail inventory method is used to calculate inventory value using the unit's retail price.

As per given data                       Cost                     Retail

Beginning inventory             $ 320,000              $ 465,000

Net purchases                      $863,000               $1,230,000

Freight-in                              $24,500  

Net markups                                                          $50,000  

Net markdowns                                                     $20,000  

Net sales                                                               $1,210,000  

Cost of Purchase =  863,000 + 24,500 = $887,500

Retail Price of Purchases = Net Purchases Retail + ( Net Markup ) =  1,230,000 + ( 50,000 - 20,000 ) = $1,260,000

Cost to retail Percentage = ( $887,500 / $1,260,000 ) x 100 = 70.43%

Closing Inventory = Purchases + Net Markup - Sales = $1,230,000 + ( $887,500 / $1,260,000 ) - $1,210,000  = $20,007

                                            Retail                      Cost

Beginning inventory          $ 465,000           $320,000  

Net purchases                   $20,007              $14,004 ( $20,007  x 70.43% )

Ending Inventory              $485,007           $334,004

Closing Inventory = Opening + Purchases - Closing = $320,000 + ($863,000 +$24,500  ) - $334,004 = $873496

Ending inventory is $334,004

Cost of goods sold is $873496

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which of the following indicate the marginal external cost and the socially optimal quantity? responses $3.00 and 40 units $3.00 and 40 units $2.50 and 60 units

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The marginal external cost and the socially optimal quantity is D. $1.00 and 20 units.

What is the marginal external cost ?

The marginal external cost is the expense associated with creating one more unit that goes to a party other than the one making or using the product. It is therefore the extra expense incurred by suppliers of a good or service when generating an extra unit. Costs could be either negative or favorable as shown by the socially optimal quantity. It is based on changes in a number of external costs, including traffic, noise, air pollution, infrastructure, and accidents.

Going by the graph, the marginal external cost would be 20 units which is where the Demand is equal to the Marginal social cost. The marginal external cost at this point would be $ 1 as shown on the graph.

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The full question is :
Which of the following indicate the marginal external cost and the socially optimal quantity?

A. $3.00 and 40 units

B. $2.50 and 60 units

C. $2.00 and 40 units

D. $1.00 and 20 units

E. $1.00 and 80 units

Now you have to get to work. Your first thought is to have two people on the team, but management research indicates that two people is too few members. It would be better to have people on the team. You also remember that research shows: a. Smaller teams are more focused on team goals than larger teams b. As a team increases in size, team members participate more actively c. As a team decreases in size, it gains more in diversity d. Smaller team have lower levels of rapport than larger teams

Answers

As per what you remember from the research, it shows that a) Smaller teams are more focused on team goals than larger teams.

The Modern Management Industry and People Analytics employ research to assess the feasibility of their operations because it is crucial for firms to comprehend what customers want. Additionally, research teaches organizations about customer preferences and lowers risk and losses. Management research applies the knowledge that has been gathered and examined to the solution of a particular issue or question.

It ought to have an effect, either directly or indirectly, on how an organization makes decisions. Other types of research, such as explanatory, descriptive, analytical, and predictive, are undoubtedly numerous. First off, explanatory research is carried out in fields where there has been little to no prior research and consists of case studies, observations, and reviews.

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firms that establish effective inventory management policies, perform accurate sales forecasts, and maintain effective transportation and distribution operations are adhering to the customer service objective of timeliness. reliability. order. consistency. ease of doing business.

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Firms that establish effective inventory management policies, perform accurate sales forecasts and distribution operations are adhering to the customer service objective of reliability.

The practice of purchasing, keeping, using, and distributing a company's inventory is known to as inventory management. This covers the storage and management of such commodities as well as the administration of raw resources, parts, and completed goods. Depending on a company's demands, there are various forms of inventory management, each one with benefits and disadvantages. One of a company's most significant resources is its inventory. For retail, industrial, food premises, as well as other stock sectors, a firm's inputs and final goods form the foundation of its operation. Where and when inventory is needed, a shortfall can be very harmful.

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assume that the reserve requirement is 20 percent, but banks voluntarily keep some excess reserves. a $1 million increase in new reserves will result in

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A $1 million increase in new reserves will result in an increase in the money supply of less than $5 million.

What happens if the amount of excess reserves in the banking system rises?

A financial institution's excess reserves can be raised, improving its credit rating. Since the stored cash or deposit is not invested to provide higher profits, especially over the long term, higher excess reserves also result in higher opportunity costs.

Banks voluntarily retain some extra reserves notwithstanding the 20 percent reserve requirement. The money supply will increase by less than $5 million for every additional $1 million in new reserves.

Therefore, Increased excess reserves can increase a financial institution's credit rating.

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on april 1, 2018, rawlings declares a dividend of $0.30 per share. rawlings has 100,000 shares authorized, and 40,000 issued and outstanding. the date of record is april 28, and the payment date is may 15. which of the following entries is included in the journal entry on may 15?

Answers

The journal entry to be done on May 15 will be debit dividends payable $12,000.

Calculation:

dividend per share = $0.30

No. of shares = $10,000

Outstanding shares= $40,000

Dividend to be paid = $0.30*40,000 = $12,000

A dividend is a payment made by a corporation to its shareholders that is decided by the management board. Dividend income are constantly made quarterly and can take the form of cash payments or stock passive investments.

The dividend yield, which would be the dividend per share, is expressed as a percentage of the stock price of a corporation, for example, 2.5%. If a share insight of a dividend-paying business owns its stock prior to an ex-dividend date, they are able to receive a payout.

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According to your text, which of the following is a reason why many people enjoy personal selling as a career?

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According to your text, it features variety and flexibility is a reason why many people enjoy personal selling as a career.

The profession is a person's metaphorical "adventure" through mastering, paintings, and different factors of life. There are a number of methods to outline career and the term is used in a ramification of methods.

A professional way you live inside the identical kind of paintings. A career may be one task or many roles. you may paintings for one corporation or many groups. A career is every now and then called a "profession course." A profession consists of training, schooling, and paintings enjoy.

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which of the following factors helped make germany, which was a tough environment for a car company, conducive to successful car companies?

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The German authorities recommends a most speed of one hundred thirty kph, so about 80 mph per hour on autobahns, but drivers are free to go as quickly as they prefer in de-restricted sections of the autobahns. Yes, as quick as you want! (Still.)

Why Germany has no velocity limit?

The German authorities recommends a most speed of one hundred thirty kph, so about 80 mph per hour on autobahns, but drivers are free to go as quickly as they prefer in de-restricted sections of the autobahns. Yes, as quick as you want! (Still.)

The fastest pace ever recorded on the German Autobahn was 432 kilometres per hour. The pace was once recorded by Rudolf Caracciola on the stretch just before his accident. This is the highest recorded speed on a motorway.

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The coupon-equivalent yield is _______ than the discount yield of a 91-day Treasury bill with the gap ______ at higher interest rates.a.Lower, wideningb.Greater, narrowingc.Greater, widening d.Lower, narrowing

Answers

The yield on the coupon-equivalent is lower than the 91-day Treasury bill discount yield, with the difference growing with higher interest rates.

Treasury bills: are they a wise investment?

Risk should never be a major barrier because T-bills are among the safest assets in the world and are issued by the U.S. government. T-bill returns, however, are often fairly low in comparison to other asset classes including equities, bonds, and mutual funds.

What are Treasuries really, and how do they work?

Treasury bills are debt obligations that are issued by the U.S. Department of Finance. T-bills have the earliest maturity date of any debt that the government has ever issued. In both competitive and non-competitive markets, T-bills can be purchased in $100 increments.

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wozniacki and wilcox form jewel llc, with each receiving a one-half interest in the capital and profits of the llc. wozniacki receives his one-half interest as compensation for tax planning services he rendered prior to the formation of the llc. wilcox contributes $50,000 cash. the value of a one-half capital interest in the llc (for each of the parties) is $50,000.

Answers

a) Wozniacki recognized $50,000 as compensation income which is equal to the value of a one-half capital interest.

Character of the Income = Ordinary Compensation Income

b) Wozniacki’s basis in the LLC interest is $50,000.

c) Jewel would treat this $50,000 as organization or start up expense and would be amortized by Wilcox. This Expense  was incurred for tax planning services  Wozniaci rendered prior to the formation of the LLC.

What is  capital interest?

The expense of borrowing to acquire a long-term asset is known as capitalised interest. Capitalized interest is not immediately expensed on a company's income statement, in contrast to regular interest costs. Companies are permitted to expense long-term assets over time since many businesses fund them with debt.

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Which of the following choices would be a factor that contributes to a nation's rapid long-run economic growth?

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Faster technological progress would be a factor that contributes to a nation's rapid long-run economic growth.

Monetary increase can be described because the boom or improvement inside the inflation-adjusted marketplace value of the products and services produced by an financial system in a economic year. Statisticians conventionally degree such growth because the percentage fee of growth inside the real gross home product, or actual GDP.

Economic growth – measured as an increase of humans' real profits – method that the ratio between people's income and the expenses of what they should purchase is increasing: goods and offerings end up extra cheap, and people emerge as much less negative.

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assuming that two companies operating in the same industry are profitable, which of the following companies is more likely to pay dividends to its stockholders?

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Consistent revenue streams are one of the advantages for investors. However, a crucial aspect of many of these talks is absent, and that is the reason why some corporations use dividends while others do not.

How dividends affect shareholders?

Dividends may be distributed as cash or new shares of stock, each of which has a unique effect on stockholder equity. Stock dividends do not affect stockholder equity in the same way that cash dividends do.

Dividends are important to investors for five main reasons: they significantly boost stock investment earnings; they add another metric for fundamental research; they lower overall portfolio risk; they provide tax benefits; and they support the preservation of capital's buying power.

More stock investments or more net income both improve stockholders' equity. It falls as a result of dividend payments or net losses. When revenue accounts are closed out into retained earnings, it rises, and when expense accounts are closed out into it, it falls.

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Comparing Three Depreciation Methods
Waylander Coatings Company purchased waterproofing equipment on January 6 for $249,400. The equipment was expected to have a useful life of four years, or 8,800 operating hours, and a residual value of $20,600. The equipment was used for 3,300 hours during Year 1, 2,700 hours in Year 2, 1,600 hours in Year 3, and 1,200 hours in Year 4.
Required:
1. Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the units-of-output method, and (c) the double-declining-balance method. Also determine the total depreciation expense for the four years by each method.

Answers

The equipment was expected to have a useful life of four years, or 8,800 operating hours, and a residual value of $20,600.

Equipment is a tangible, long-term asset that will serve your business for years. Computers, trucks, and manufacturing machines are examples of devices. In contrast to intangible assets (patents, trademarks, copyrights, etc.), they are tangible because they have a physical form. contract is required.

The equipment most commonly refers to a set of tools or other items commonly used to accomplish a specific purpose. Different tasks require different types of equipment.

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When you are engaged in distributive bargaining, research consistently shows one of the best things you can do is make the first offer.
Indicate whether the statement is true or false.

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True, When you are engaged in distributive bargaining, research consistently shows one of the best things you can do is make the first offer.

What is bargaining?In  social sciences, bargaining is a type of negotiation in which a buyer and seller of goods or services discuss the price or nature of the transaction. If the terms are agreed upon as a result of the bargaining, the deal is made. There are three main categories of bargaining issues: mandatory, permissible and illegal. Wages, health and safety, management rights, working conditions and benefits fall into the mandatory categories. In its simplest definition, "bargaining" is a socioeconomic phenomenon involving two parties who can work together to create a mutually desirable value, and which the parties dispute over the distributive of that value. . Examples of such situations are collective bargaining  in unions and  negotiating wage increases by company directors, disputes between two communities over the division of  common territories, or terms for two countries to agree on nuclear disarmament.

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Exam A list of individual accounts with a common characteristic is known as a(n): a. General ledger b. All-purpose ledger c. Subsidiary ledger d. Special ledger e. Column balance ledger

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Exam A list of individual accounts with a common characteristic is known as Subsidiary ledger.

A chart of particular accounts that are not represented in the general ledger can be found in the subsidiary ledger. More detailed information about the accounts that make up the main ledger is contained in the accounts in the subsidiary ledgers. However, avoid including the particular accounts in this ledger because doing so would be time-consuming.

Although subsidiary ledgers are not very difficult to construct and manage, you must do so in a specific way. With a few notable exceptions, the majority of the accounts in this ledger are customer accounts. This makes sense for a subsidiary ledger chart when focusing on the customer accounts because a general ledger would become progressively crowded if every customer and individual account were included.

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A tank with a rectangular base and rectangular sides is open at the top. It is to be constructed so that its width is 4 meters and its volume is 36 cubic meters. If building the tank costs $10/sq. m. for the base and $5/sq. m. for the sides, what is the cost of the least expensive tank, and what are its dimensions of such a tank?

Answers

Its dimensions of such a tank=L*B*H=[tex]4*5*10=200[/tex]

Total cost=[tex]720 *10=$7200[/tex]

Base area Ab = w x

=4*36=144[tex]=4*36=144[/tex][tex]=4*36=144[/tex]

side area=$5/sq. m.

{eq}A_s=...144*5 =720 sq. m.

If building the tank costs $10/sq. m

Then total cost=[tex]720 *10=$7200[/tex]

its dimensions of such a tank=L*B*H=[tex]4*5*10=200[/tex]

In mathematics, a dimension is the length or width of an area, region, or space in one direction. It is just the measurement of an object's length, width, and height. Length is a common way to convey dimensions.

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In the United States, if there is a decrease in the expected inflation rate of 2%, then the short-run Phillips curve will _____ and the actual inflation rate will _____.
shift downward; decrease by 2%
In the United States, if there is a decrease in the expected inflation rate of 2%, then the short-run Phillips curve will _____ and the actual inflation rate will _____.
shift downward; decrease by 2%

Answers

then the Phillips curve will: shift downwards;

and the actual inflation rate will: decreased by 2%

What Exactly Is a Phillips Curve?

The Phillips curve is a hypothesis of economics that asserts a consistent, inverse connection between unemployment and inflation. It is based on William Phillips' theory that inflation, which is said to accompany economic progress and should result in more jobs and lower unemployment, will also be caused by inflation.

Because of the stagflation that took place in the 1970s, which saw high levels of both inflation and unemployment, the basic idea of the Phillips curve has been somewhat challenged.

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A firm builds an effective customer service strategy around these set of common objectives
1. Deliver the good or service completely in a timely manner
2. Ensure that the process for taking and fulfilling customer orders is reliable
3. Establish convenient customer communications channels
4. Encourage ease of doing business, so that the customer finds it convenient and pleasant to deal with the firm

Answers

A firm builds an effective customer service strategy around these set of common objectives which is 3. Establish convenient customer communications channels.

customer service is the help and advice supplied by way of a corporation to the ones people who purchase or use its services or products. every enterprise calls for specific ranges of customer service, but ultimately, the idea of a properly-executed service is that of increasing revenues. The definition of customer service. customer support is the support you provide your customers — each before and when they purchase and use your products or services — that facilitates them have an clean and fun enjoy with you.

basically, the 3 critical qualities of customer service middle round 3 “p”s: professionalism, staying power, and a “humans-first” mind-set. even though customer service varies from client to patron, so long as you're following those recommendations, you are on the proper music.

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One important metric for advertisements is ____, the number of target consumers a medium can deliver to.
Group of answer choices
reach
audience selectivity
noise level
media type
cost per contact

Answers

One important metric for advertisements is audience selectivity, the number of target consumers a medium can deliver to.

A company's target consumers are the people it has determined to be its potential customers. A company's target consumers are the people it has determined to be its potential customers. Its target consumers are those who are likely to purchase its products or services.

A company's target consumers are important because they are the ones who determine whether or not the company will be successful. If a company does not have target consumers, it will not have any customers.

Hence, the correct option is "SECOND".

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An account payable ledger :
a Contains an account for each credit consumer
b lists the balance of selected accounts that are added to show the total amount of the significant long term creditors outstanding
c is a book of original entry designed and used for recording only a specified type of transaction
d contains th financial statement accounts of a business
e contains a separate account for each supplier to the company

Answers

An account payable ledger lists balance of selected accounts that are added to show total amount of significant long-term creditors outstanding.

What is an account payable?

Money owing by firm to its suppliers is referred to as accounts payable (AP) and is shown as liability on balance sheet of business. It differs from notes payable liabilities, which are obligations made possible by formal legal instrument documents. Invoices must then go through the specific business process of the organization in order to be paid after this is done. When a bill is vouched for payment, an accounts payable is registered in the accounts payable sub-ledger. By allowing customers to pay for goods or services after they have already been received, suppliers grant their clients AP, a type of credit. Invoice payment terms vary depending on the supplier. If an invoice is paid within a certain number of days, payment terms may include the promise of a monetary discount.

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