Answer:
The opportunity of exploiting market niches is highlighted in the given scenario.
Explanation:
A market niche is "a small but profitable segment of a market suitable for focused attention by a marketer. Market niches do not exist by themselves, but are created by identifying needs or wants that are not being addressed by competitors, and by offering products that satisfy them. See also market segmentation.
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Reference: WebFinance Inc. “What Is Market Niche? Definition and Meaning.” BusinessDictionary.com, 2019
The correct answer is <span>B. Demand for more pairs of jeans results in an increase in both price and quantity supplied.
You can see that demand is increasing since d2 is on the right of d1. You can also see that prices increase since p2 is greater than p1. You can also see that quantity supplied also increases since q2 is on the right of q1.</span>
Answer:
consequential damages cover only reasonable foreseeable losses.
Explanation:
- The contract limits the resulting loss to lost profits from the use of the goods. The limit is not necessarily unconscious because lost profits are not necessarily significant and can be considered as direct or indirect losses.
- the contract may apply to both the lease and the sale and excluding some from the contract simply because it is a commercial loss makes no sense.
- so limit is not necessarily unconscionable because consequential damages cover only reasonable foreseeable losses.
Answer:
The correct option is C
Explanation:
Income statement is the one which states the core financial statements of the company which shows the profit and loss. And the profit and loss statement states the ability of the company for generating sales, create profits and manage expense.
It is that statement which to be prepared first, as in prepared before the retained earnings statement and the balance sheet statement.
