This is an example of derived demand. Derived demand is the rise in demand of a good or service as a result of the increase demand of another product.
In this case, since bikes are more in demand, producers will need more raw materials to make more bikes.
Answer:
Yes
Explanation:
Commercial General Liability (CGL) Policy is a standard insurance policy issued to business organizations <u>to protect them against liability claims for bodily injury (BI)</u> and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.
The policy was introduced in 1986 and replaced the "comprehensive" general liability policy.
Embedded in its definition i that it covers primarily liability claims for bodily injury.
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Answer:
$27,000
Explanation:
Charlie's chocolate has investments of $66,000
Withdrawals is $28,000
The company revenues is $99,000
Expenses is $72,000
Therefore the net income can be calculated as follows
= Revenue - expenses
= $99,000-$72,000
= $27,000
Hence the net income is $27,000
The process of marketing and distributing newly issued securities to investors is called investment bankers.
Marketing is the set of activities, institutions and processes for creating, communicating, delivering and exchanging offers of value to customers, clients, partners and society at large.
In short, actions taken to draw attention to a company's offerings. This may be physical goods for sale or services provided. Common examples of workplace marketing include TV commercials, roadside billboards, and magazine ads.
The importance of marketing in business is to make customers aware of, engage with, and help them make purchasing decisions about your products and services. Additionally, a marketing plan that is part of the business plan helps create and maintain demand, relevance, reputation, competition, and more.
Learn more about marketing here:brainly.com/question/25754149
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