Answer:
Demand curve will shift to the right, the prices will increase.
Explanation:
An increase in the income of the consumer of will cause the demand curve of the consumer to shift to the right. This rightward shift in the demand curve will cause the demand curve to intersect the supply curve at a higher point.
As a result, the equilibrium price level and the equilibrium quantity will increase. A decline in the income, on the other hand, will cause both quantity and price to decline because of a leftward shift in the demand curve.
Answer:
a documenting and sharing a risk
Explanation:
In the world of risk management, there are four main strategies:
Avoid it.
Reduce it.
Transfer it.
Accept it.
9 Types of Effective Risk Management Strategies
Identify the risk. Risks include any events that cause problems or benefits. ...
Analyze the risk. ...
Evaluate the risk. ...
Treat the risk. ...
Monitor the risk. ...
Avoidance. ...
Reduction. ...
Sharing.
Licensing proprietary technology to foreign competitors is the best way to give up a firm's competitive advantage-I agree with this statement
Explanation:
<u> when a licensing arrangement is structured in such a way that ir reduces the risks of a firm's technological know-how being expropriated by licensees, then licensing may be said to be appropiate.</u>
<u></u>
<u> For example </u>: when a firm perceives its technological advantage can be intimated by its competitor ,in such case the company gets its technology licensed before the imitation of its technology occur.By doing so the firm may deter its competitors from developing their own, possibly superior, technology. And by licensing its technology the firm may be able to establish its technology as the dominant design in the industry. In turn, this may ensure a steady stream of royalty payments.
so we can say that Licensing proprietary technology to foreign competitors is the best way to give up a firm's competitive advantage-I agree with this statement
<span>The Indiana state statute on abortion conflicts with the federal statute on abortion, the federal statute will overrule the state statue because any any state or local laws that either directly or substantially conflict with any federal laws will always be preempted by the federal law.</span>