Answer:
increase equilibrium price and quantity if the product is a normal good.
Explanation:
In the case of normal good there is a direct relationship between the income and the quantity demanded. That means if the income rises so the quantity demanded would also rised and if the income declines so the quantity demanded also fall
So as per the given situation if there is a rise in income so the equilibrium price and quantity would increased in the case when the product is a normal good
"Informational" appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
<h3>What is informal appeals?</h3>
A corporate message typically substitutes data and figures for a main notion. A business message should make sure to properly state any significant dates, locations, times, etc.
The powerful business report can be written as-
- Business reports always are formally presented, impartial, and thoroughly researched. If the study focused on a specific issue or analyzes the actual quality of a whole organization, every data must be accurate and reliable.
- A business report must be objective, therefore stay away from stating to the reader how and where to feel in your descriptions.
- Let the sales statistics speak for itself, rather than saying something like "Sales were bad last quarter," if last quarter's sales were down. Person pronouns, such as "I believe we should invest that money," should also be avoided.
- A business report must to be objective and presented from the viewpoint of the company.
To know more about parts of a business report, here
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Answer:
False
Explanation:
The difference between B2B e-commerce and B2C is that B2B e-commerce is an online business that consists of selling and purchasing goods through an online system. while on the other side B2C refers to the system of selling the products directly to the customer.
It totally depends on the customer which process they prefer. Both processes have their own advantage and disadvantage. However, B2B e-commerce business approach is nowadays is in trending
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