The primitive vs. civilization hope this helps
Answer:
Equilibrium price=6
Equilibrium quantity=20
Explanation:
P=10-0.2Qd
P-10= -0.2Qd
Qd=p-10/-0.2
Qd=-5p+50
P=2+0.2Qs
P-2=0.2Qs
Qs=p-2/0.2
Qs=5p-10
(a)
Qs=Qd
5p-10= -5p+50
5p-10+5p-50=0
10p-60=0
10p=60
p=6
Equilibrium price=6
Equilibrium quantity
Qd=-5p+50
=-5(6)+50
=-30+50
=20
Qs=5p-10
=5(6)-10
=30-10
=20
Equilibrium quantity=20
(c) Graph has been attached showing the equilibrium price and quantity
Answer: A. A Private Brand
Explanation:
In Private Branding, a company manufactures goods for another company to sell under their own brand. Such goods are usually known to be cheaper than their branded equivalents.
Examples include grocery store goods that bear the name of the grocery store selling them.
Answer: External opportunity
Explanation: External opportunities refers to the opportunities that arise from the political , legal and economical factors of the environment in which the organisation operates in. These are called external opportunities as organisation have no control over them.
In the given case, due to some policy changes of the Govt., Christopher corp. gets benefit of potential profits and increased market share in the future.
Thus, we can conclude that it is an external opportunity.
