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Aloiza [94]
3 years ago
14

Suppose there are seven coffee shops located on the same busy street. Iftwo of the coffee shops close, which of the following wi

ll occur, holding all else fixed? Correct Answer(s) Drag appropriate answer(s) here The supply of coffee will increase, since the remaining shops will sell more than before The supply of coffee will d The demand for coffee will decrease. The price of coffee will increase
Business
1 answer:
podryga [215]3 years ago
4 0

Answer:

A. he supply of coffee will increase, since the remaining shops will sell more than before.

Explanation:

Seven coffee shops in one busy street exhibits makes it saturated , therefore, forces of demand and supply will determine sales. When two shops are closed, it implies that there will be less competition and the remaining shops will sell more coffee. Customers would still demand coffee which will lead to more sale for the remaining stores. This makes choice A correct.

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ahrayia [7]

Answer:

1) The transaction cost of both he bank deposit and mutual fund are almost equal as transaction in both can be made by visiting a branch or using internet banking or brokering.

2) The risk for the bank deposits are lower thank mutual funds because even thought the mutual fund is highly diversified, its value can still decline because of changes in market or some market crash like the 2008 recession, where as the money in the bank remains intact

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Explanation:

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3 years ago
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Answer:

True

Explanation:

A decrease in demand means that consumers plan to purchase less of the good at each possible price

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4 years ago
Comparisons of financial data made within a company are called:.
anzhelika [568]

Answer:Comparisons of financial data made within a company are called a. intracompany comparisons. b. interior comparisons. c. intercompany comparisons.

Explanation:

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2 years ago
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What is the recommended compression rate for high-quality cpr
fgiga [73]

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Compression rate of 100-120/min

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Answer:

(B) False

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