Answer:
b. The median pay of economics majors increased more in dollar terms than any other majors in 2015.
Explanation:
As it can be seen from the various sources that tha major in economics represents the largest per dollar rise for all major in the year 2015
Due to which it brings down the requirement for more economists also the word economics is not certain. Also, for the entry level jobs in the economics field, the minimum qualification should be masters
Therefore according to the given case, the option B is correct
Answer:
Customer Lifetime Value
Explanation:
Customer Lifetime Value is a measure of how much amount of money a customer spends on your business/products/services over the course of his whole lifetime.
It is a predictor of how well you are doing to retain your existing customers.
Why is it important?
suppose you spend $10 to advertise your product (belt) and a customer buys 5 belts on average every year for 15 years. You get $12 profit for each belt sold.
$
Subtract the advertising cost
$ This is your customer lifetime value
Now imagine what would have happen if we had to sell these belts to 75 different customers?
The advertising cost to attract 75 customers would have been too much and hence net profit and customer lifetime value would be very less.
$
$
This is why customer lifetime value is important and businesses focus on retaining their customers for longer periods.
Answer:
2.look at explanation.
Explanation:
2.Profession refers to type of a job that needs special training or skill after getting certain knowledge related to particular Sector
Answer:
The statement is: True.
Explanation:
For accounting purposes, cash is defined as every monetary instrument that can easily be converted into actual cash. Those instruments can be <em>coins, currency, checks, money orders, bank drafts, </em>or <em>Certificates of Deposit (CD), </em>to mention a few. In its most basic essence, cash is the default medium of exchange for goods and services to be traded.
Answer:
The correct answer is (A)
Explanation:
Every individual has a different sense of thinking and perceiving things and moments. Perceiving things is all about judging, observing and percipient. IN that regard, two people having the same experience can perceive things differently. People interpret things based on their perceptions. Perception can change through experience and knowledge. So, an important factor which shape perception depends on perceivers.