Not Competitive b/c not a standardized product.
The differing location, size, and quality makes each college not standardized.
Hope this helps!
Answer:
The answer is: C) 10% more peanut butter on the shelves
Explanation:
To determine what you need to do with your peanut butter stock, you must first determine if the quantity demanded for peanut butter will increase or decrease and at what percentage. To do this we can use the following formula:
change in peanut butter sales = income elasticity of demand x average change in income
change in peanut butter sales = -5% x -20% = 10% increase
Since you expect a 10% increase in the quantity demanded for peanut butter, you should have 10% more peanut butter in stock
Amateurs who cash bad checks because of some financial crisis but have little identification with a criminal subculture are called naive check forger. Forgery is defined by general or common law as the fraudulent execution of a legal document, which entails liability.
The term "naive forgery" was created to describe forgeries carried out by people with no prior criminal history and no prior contact or interaction with offenders. It is intended to exclude forgeries that are committed as a byproduct of other crimes and forgeries that are either the initial or later stages of a criminal career. Forgeries of the kinds that have been eradicated sometimes occur when criminals enter a business office and discover a drawer full of checks, which they frequently — and foolishly — cash.
The forgeries produced by embezzlers and occasionally by con artists are also excluded, mostly because they serve as a byproduct or a secondary method of committing their crimes. The fact that the embezzler was in a position of trust further sets him apart from the forger. On the grounds that it unnecessarily restricts the range of crimes and hence lessens the effectiveness of our generalisations, the legitimacy of how we define the class of forgeries about which we attempt to generalise may be questioned. The nature of the prior records of individuals found guilty of forgery will provide the answer to any such question we may have.
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I hope this helps--------
Answer: $185,500
Explanation:
Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed
= $362,000 - $46,400 + $42,000 + $30,000
= $387,600
Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance
= $200,000 - $38,600 + $28,100 + $2,700 + $9,900
= $202,100
Ending cash balance = Total cash received - Total cash disbursement
= $387,600 - $202,100
= $185,500
