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Lera25 [3.4K]
4 years ago
10

Which country has merchants organized expeditions looking for opportunities to make money through trade?

Business
1 answer:
Scorpion4ik [409]4 years ago
8 0
China has merchants organized expeditions looking for opportunities to make money through trade. Chinese merchants would travel around the world and look for opportunities to have trade with those countries which they would earn profit in the end. They even have deal with the African traders for the trade of their products.<span> </span>
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At​ Frank's Delicatessen, Frank noticed that the elasticity of customers differed in the short and longer term. Frank also notic
Juliette [100K]

Answer:

C. Negative; Positive

Explanation:

If soda and sandwiches are complementary goods, then the cross price elasticity between them is negative. Negative cross price elasticity indicates that an increase in the price of soda would result in a fall in the quantity demand for sandwiches. On the other hand, a decrease in the price of soda would result in an increase in the quantity demanded for sandwiches.

If yogurt and sandwiches are substitute goods which means that yogart can be used in place of sandwiches or sandwiches can be used in place of yogurt. The cross price elasticity between the substitute goods is positive. Positive cross price elasticity indicates that an increase in the price of yogurt would result in an increase in the quantity demanded for sandwiches. On the other hand, a decrease in the price of yogurt would result in a fall in the quantity demanded for sandwiches.

5 0
4 years ago
What is the primary purpose of job specialization A. Regional self-sufficiency B. Increased consumer income C. Increased margina
marishachu [46]

Answer:

D. Increased efficiency and productivity

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

6 0
4 years ago
Marlo Stanfield's operation also uses large quantities of prepaid cell phones, on average 1500 per week with a standard deviatio
AlekseyPX

Answer:

c. 0.9768

Explanation:

Lead time

Safety stock 500

Standard deviation 145

Safety stock = z * Standard deviation * \sqrt{L}

500 = z * 145*\sqrt{3}

500 = z * 251.14

Z = 1.990863

Therefore, for this Z value, we obtain the option c. 0.9768

8 0
3 years ago
A business-level strategy is: a. a marketing and positioning program designed to explain a business to its customers. b. an inte
ElenaW [278]
B. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market.
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3 years ago
Calculate the total cost of my bill if I order 2 dozen cricket balls at $100.00 each.
SpyIntel [72]

Answer:

2400

Explanation:

4 0
3 years ago
Read 2 more answers
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