In economics, the determinant of demand that this scenario fall under , when you go for chips ahoy because Oreo cookies are now extremely expensive is Change in Price of Substitute Good.
What is Substitute Good?
A substitute good can be regarded as product or service that is been used as alternative for other goods.
It should be When the price of a substitute good rise, then demand for the other substitute as well will rise.
- This is referred to as <u>positive cross price elasticity.</u>
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Sam West wal-mart de mexico asda stores and walmart japan holdings
Option 4 , All the above
Explanation:
After a listing has expired, the original listing broker may be paid a commission under the terms of the holdover clause in the original contract if :
- the broker had worked with the purchaser before the expiration date
- the broker had disclosed the name of the purchaser to the sellers before the listing expired
- the broker was the procuring cause for the purchaser
The broker who listed the property will receive a commission, regardless of who sells the property. The vendor lists another agent after the listing expires, and the buyer's agent submits an offer to the property.
Answer:
reduces; geographic diversification
Explanation:
In the above problem, the proposed new branch will economics reduces overall risk exposure and produce a geographic diversification effect.
Answer:
The answer is below
Explanation:
There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:
1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.
2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.
3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.
4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.
5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.
