1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anettt [7]
3 years ago
11

You are planning to open a new Italian restaurant in your hometown where there are three other Italian restaurants. You plan to

distinguish your restaurant from your competitors by offering northern Italian cuisine and using locally grown organic produce. What is likely to happen in the restaurant market in your hometown after you​ open?
Business
1 answer:
gtnhenbr [62]3 years ago
4 0

Answer:

C) The demand curve facing each restaurant owner becomes more elastic.

Explanation:

Evidently, the competition increases when a new player enters the market. By entering the market with a new, specialized restaurant, the demand curve of each restaurant becomes more elastic. That is because consumers have more restaurants to compare the price, so they can go for the most convenient. When that happens, the demand is more sensitive to price change.

You might be interested in
Any restructuring of operations that ____ the difference between a foreign currency's inflows and outflows may ____ economic exp
zvonat [6]

Answer:

The correct answer is c. reduces; reduce.

Explanation:

Economic exposure is a type of exposure to exchange rate risk caused by the effect of unexpected currency fluctuations on a company's cash flows, foreign investment, and future earnings.

Economic exposure, also known as operating exposure, can have a substantial impact on a company's market value, as it has far-reaching effects and is long-term in nature. Companies can protect themselves against unexpected currency fluctuations by investing in currency markets (FX).

Unlike transaction exposure and conversion exposure (the other two types of currency exposure), economic exposure is difficult to measure accurately and therefore difficult to hedge. Economic exposure is also relatively difficult to hedge because it faces unexpected changes in exchange rates, unlike expected changes in exchange rates, which form the basis of companies' budget forecasts.

5 0
3 years ago
You want to make sure your account reflects the spending you’ve actually done, so you pull receipts out of your clothes pockets
erica [24]

Based on the information given, the items that can be reflected in the account activity but that the person cannot account for include bank charges and transactions involving the use of ATMs.

From the complete information, it should be noted that there are bank charges that are charged by the banks.  In this case, the account may not reflect the spending that has actually been done.

Also, there are taxes that are charged on the goods that the person bought. Therefore, this will be reflected on the account activity and will give rise to a higher value than the amount that the person actually spends.

Read related link on:

brainly.com/question/25675366

3 0
2 years ago
Mary, a real estate agent, buys for herself a property that her principal, Karen, wanted to buy. If Mary is aware that Karen wan
irakobra [83]

Answer: C. grant Mary the legal rights for the property.

Explanation:

Agents are not to use the knowledge that their principal paid them to acquire or that they acquired for the use of their principal for themselves.

If Mary bought a property knowing that Karen wanted to buy that property, the Court will award the title to Karen because Mary has violated her duty not to use knowledge of information intended for her principal for her own benefit.

6 0
3 years ago
Elisa was involved in three auto accidents this year. Even though none was her fault, her insurance company increased her rates.
Ket [755]

Your insurance carrier might have to raise your rates to pay for the vehicle's damage or medical if a person involved needs it.

5 0
3 years ago
Which of the following is a result of over-diversification through acquisition? Select one:
Aleksandr-060686 [28]

Answer:

3) Corporations use acquisition as a substitute for innovation.

Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.  

6 0
3 years ago
Other questions:
  • Nala is writing an analytical essay about british propaganda during world war ii, and this poster is one of her examples. which
    9·2 answers
  • Ben learns that the company was going to be laying off several employees over the next several months. He knew that the rumor mi
    8·1 answer
  • Which of the following is NOT a correct statement regarding break-even?
    7·1 answer
  • The ________ model highlights the primary or support activities that add a margin of value to a firm's products or services wher
    13·1 answer
  • With respect to competitive advantages, many see __________ as the most important asset that an organization can possess, as it
    6·1 answer
  • a. What is the total cash outflow for buying and for leasing a motor vehicle with a cash price of $33,000
    15·1 answer
  • Which of the following statements are true about both monopolistic competition and monopolies? Check all that apply. Firms earn
    6·1 answer
  • Alternative or non-traditional assessments are become more popular among teachers. One type of alternative assessment is called
    7·1 answer
  • Using the accounting equation (A = L + OE) calculate the amount of equity the company has if your assets are worth $10,000 total
    15·1 answer
  • Economic growth theory originated about 60 years ago as a result of contributions by: a. adam smith. b. david ricardo. c. ben be
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!