Answer:
The demand for money decreases sharply.
Explanation:
The portfolio choice and Keynes's theory of demand for money both proposes that as the returns expected on money falls, its demand also falls. When there is an increase in interest rate, it leads to a decrease in the expectation placed on returns on money thus leading to a decrease in demand for money.
First, you have to do $3000 times .07 (decimal form of 7%). That equals Assuming that the interest is 7% <em>each month,</em> your interest would be $210 a month. Then you would times that by 6 months. That would be $1260.
The sales rep on a phone call with a prospect controlling the conversation should do the following first:
- a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus.
<h3>Why does a phone call with a prospect matter?</h3>
The phone call should be used to pitch the firm's products and services to meet the prospect's pain points.
To make the phone call successful, the sales rep should take these steps:
- Develop a clear goal for the sales call.
- Ask relevant questions, giving the prospect more opportunity to talk.
- Discover the prospect's pain points.
- Utilize every opportunity to pitch the firm's brand.
<h3>Answer Options:</h3>
a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus
b) Tell the prospect that to work together well, she needs to follow the rep's call structure
c) Incorporate what the prospect says into his talking points when there's an opening
d) Offer to set up an in-person appointment to discuss the sales process in more detail
Thus, the first action of the sales rep in such a situation is <u>Option A</u>.
Learn more about making sales pitches and calls at brainly.com/question/6890728
The pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors is penetration pricing.
<h3>
What is penetration pricing?</h3>
Penetration pricing is a pricing strategy where the sellers of a new product make the price of the good very low with the hopes that it would attract customers to purchase the product.
Penetration pricing increases the market share of the firm but can lead to the firm earning very low levels of profit.
To learn more about penetration pricing, please check: brainly.com/question/3521758