Answer:
business partner
Explanation:
Business partner -
It refers to the authority in the business , which has the right to take decisions for the project of the business , is referred to as business partner .
The relation between the two or more people i.e. , the business partners can be on the contract basis or exclusive in nature .
Hence , from the given scenario of the question ,
Tyler need a buisness partner for his business .
Answer and Explanation:
A consumer surplus is the gain a consumer makes by paying less than he is willing to pay for a product. Example if a consumer is willing to pay $300 for a mobile phone but pay $200 for the phone, the consumer surplus is $100
Given that the demand function is P=60-Q
And price is 30
Therefore consumer surplus is, substitute 30 in p
30=60-Q
30-60=-Q
-30=-Q
Q=-30/-1
Q=30
Therefore consumer surplus = 30
Answer:
b. Straight Rebuy.
Explanation:
As Phil put down the phone and told Alice, "I just love that customer. I got another big order, and they just keep on coming." Phil is most likely selling to a firm in straight rebuy kind of buying situation. In straight rebuy, business consumers continue buying the same products with the same features at the same price over and over again. They even do not ask for any kind of changes in the order. They just place their order and get the same product each and every time in order to save their time and efforts. Automatic re-ordering can be established by some companies with the help of technology in order to go for straight rebuy which is not only effective but also efficient mechanism as well.
Answer:
14% and 22%
Explanation:
The formula to compute the return on investment is shown below:
Return on investment = Net income ÷ Investment
The preparation of the return on investment analysis is shown below:
Fast & Great Burgers
Return on investment analysis
Numerator ÷ Denominator = Return on investment
Location A $70,000 ÷ $500,000 = 14%
Location B $44,000 ÷ $200,000 = 22%
