A good example is ham. On normal days, ham are a couple of dollars cheaper because there is no occasion. But during the holidays, the price of the ham increases due to its demand by the customers.
Answer:
The 4 main component of Business studies are,
- Finance
- Accounting
- Marketing
- Organizational Studies
Explanation:
Finance concerns with managing the money and the wealth of the organization so it could grow in the future.
Accounting is the function that records, controls and interprets the financial performance of an organization.
Marketing deal with the market that the company operates in, to enable the organization to adapt according to the current market status and customer needs.
Organizational studies the different aspect of organization, how to form them, control them, maintain them, different structure, etc.. Also, it concerns about the functions of a manager in an organization. Such as planning, leading and controlling.
Answer
False
Explanation
You are still giving her the 25% not him
Answer:
A. shut down her business.
Explanation:
Given that
The average overall cost per unit is $5
The average variable cost per unit is $3
And, the market price per unit is $2.50
Based on the above information
In the short run, the lydia should shut down her business as the total cost is more than the market price due to which the company is suffering the loss instead of the profit
Therefore the correct option is a.
