Answer:
The statement is true as well as correct
Explanation:
Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.
And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.
Answer:
The answer is Substitutes.
Explanation:
For cross-price elasticity we can either have substitute goods or compliment goods. If the cross-price elasticity is positive, then the goods are substitutes and If the cross-price elasticity is negative, then the goods are compliments.
In this example, the cross-price elasticity is 0.31. This answer is postive, meaning, beer and wine are substitutes.
So 1% increase in price of wine will make demand of beer to rise by 0.31.
It can't be complement s because it is not negative.
It can't be necessities because this does not relate to cross-price elasticity
Answer:
(D). Straddling
Explanation:
Straddling positioning involves placing a product or brand in two segments at the same time such that it is possible to reap benefits from both segments.
<em>By launching its luxury brand (Infinity), while remaining in other market segments, Nissan is practicing straddling positioning</em>.
The adjusted balance in the Accumulated Depreciation account at the end of 2019 is <u>$14,000</u>.
<u>
Explanation</u>:
<em><u>Given</u></em>:
Cost of van= $32,000
Estimated residual value= $3,200
Straight-line Depreciation Rate= 1/8
= 0.125
Straight-line Depreciation Rate= 12.5%
Declining Balance Rate = 2 ×12.5%
= 25%
Double declining balance can be calculated with the following formula:
2 x basic depreciation rate x book value
By applying the values,
The adjusted balance in the Accumulated Depreciation account= $14,000.
Answer:
Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.
Explanation:
Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.
This type of approach want every single member involvement and their ideas to be share among the present group. The main advantage of this approach is that it include every individual participation, chaos or noise between the discussion is less.
