Hello. If grocery stores do not raise the price of pasta even if it merits the raise, it would yield to more people opting to buy that pasta instead. Thus, demand would arise.
Now, if there are more people who want that product, then the grocery stores would have no choice but to make it more expensive to try to lessen the demand. Therefore, the price would increase.
Answer:
Expected Return = 11.10 %
so correct option is A. 11.10%
Explanation:
given data
return in normal economy = 11%
economy booms = 19%
economy moves loss = 8%
economists predict = 65%
boom = 25 %
chance of recession = 10%
to find out
What is the expected return on the stock
solution
we get here Expected Return for all that is
State of Economy Probability Return Expected Return
Normal 65% 11% 0.0715
Booms 25% 19% 0.0475
Recessionary 10% -8% -0.0080
Expected Return 0.1110
as here Expected Return= Probability × Expected Return ..............1
Expected Return = 11.10 %
so correct option is A. 11.10%
Based on the story above, the stage of business buying process is (C) general need description. It is because in the story above, the company only seeking a new supplier for the wool and tell about company's need.
In economics and business, Business buying process generally can be defined as the process where business buyers determine which services and also products are needed to purchase. In the steps of business buying process, the company will find the suppliers to buys the materials, and then evaluate, and choose among alternative brands.
There are several steps of business buying process, such as Awareness and Recognition, Specification and Research, Request for Proposals, Evaluation of Proposals, and also Order and Review Process.
Here you can learn more about Business buying process brainly.com/question/12496760
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Answer:
A) Supply
B) Demand
C) Neither side
D) Supply
E) Demand
Explanation:
Determine whether the situation described is part of the supply, demand, or neither side in the foreign exchange market for GBP.
a. John and Adam are British economists who are going to Washington, D.C. for an economics conference. In the foreign exchange market for GBP, John and Adam are part of Supply because they are going to sell GBP in exchange for attending the conference.
b. An American pharmaceutical firm buys a smaller competitor based in London. In the foreign exchange market for GBP, the American pharmaceutical firm is part of Demand because the company is bringing a foreign currency to purchase an asset in London.
c. Louise, who lives in France, is going on a vacation to Germany. In the foreign exchange market for GBP, Louise is part of neither side because their activity has nothing to do with GBP.
d. Kamran, who moved to Great Britain from India to work as an engineer, sends some of his paycheck each month to his parents in India. In the foreign exchange market for GBP, Kamran is part of Supply because he sells off GBP at the point of exchanging to Rupee.
e. An economics class from the United States is traveling to Great Britain as part of a study-away program. In the foreign exchange market for GBP, these students are part of Demand because he will pay in exchange for British educational services.