The increase of shoe sellers in the market from the town would result in an increase in competition. In addition, these would provide a lot of choices among consumers on what good they will likely buy. So to have an edge compared to other sellers, some do marketing strategies like advertising.
Answer:
Social conventions
Explanation:
Based on the information provided within the question it can be said that this is an example of cross-cultural diversity in terms of Social conventions. Social conventions refer to the rules or norms that individuals in society perform subconsciously. Such actions or behaviors can include greeting someone, shaking hands, or even driving on the right side of a road.
Variable costs are corporate expenses that vary in direct proportion to the quantity of output. Unlike fixed costs, which remain constant regardless of output, variable costs are a direct function of production volume, rising whenever production expands and falling whenever it contracts.
Answer:
a. the prices should have risen, but production should not have changed.
Explanation:
In the case when the money supply is expanded after considering the discoveries of gold so here the prices are increased due to which the economy as the higher employment and the production level. But it is not consistent with the monetary neutrality as the prices are increased but the production level remain same or unchanged
Answer:
$700
Explanation:
The computation of the average dividend amount paid is as follows:
Total net income for first four years is
= $6,000 + $4,000 + $7,000 - $3,000
= $14,000
And, the ending retained earning balance after 4 years is $11,200
So, the dividend payment would be
= $14,000 - $11,200
= $2,800
For per year it would be
= $2,800 ÷ 4 years
= $700
