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tankabanditka [31]
3 years ago
10

The 2005 boston globe article discussing ticket scalping points out that the price people will pay for tickets will rise when se

lect one:
a. Supply and demand are both limited.
b. Supply is limited and demand is not limited.
c. Supply is limited and demand is not limited.
d. Supply and demand are both not limited
Business
1 answer:
natta225 [31]3 years ago
4 0

Answer: c). supply is limited and demand is not limited

Explanation: When supply of a good is limited while its demand is not limited as rise in the price of the good, will not lead to a substantial decline in the quantity. The 2005 boston globe article discussing ticket scalping points out that the price people will pay for tickets will rise when supply is limited and demand is not limited. This limited supply will induce consumers to compete among themselves and pay a higher price in order to get the limited supply.

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Greater Grocers, an international retailer, opens a store in a town predominantly populated by a particular racial group. While
Lisa [10]

Answer:

Greater Grocers' actions during the selection process may be violating the Civil Rights Act of 1991

Explanation:

Based on the scenario being described it can be said that  In the context of the legal standards of selection, one accurate statement would be that the Greater Grocers' actions during the selection process may be violating the Civil Rights Act of 1991. This is mainly due to the fact that customer preference is not a justifiable reason for them to undertake discriminatory practices.

7 0
3 years ago
Read 2 more answers
Muy Bueno Bakery Company sells three different products. Currently they are not able to meet all of their customers' demand. Usi
cestrela7 [59]

Answer:

c. Pie

Explanation:

In order to determine which product is the most profitable, we must calculate the contribution margin per hour:

                                              Cake               Pie                      Cookies

contribution margin               $18                 $11                          $3

production time                        3                    1                           .30

contribution margin p/hour    $6                 $11                         $10

Pie is the most profitable product, followed by cookies, and cakes are the less profitable products.

4 0
3 years ago
Which of the following is true about solving problems?
garri49 [273]
Knowing how to find workable solutions to problems can help you stay on track to meet your goals
8 0
3 years ago
Read 2 more answers
1. Suppose you owned a portfolio consisting entirely of long-term U.S. government bonds. Would your portfolio be riskless?
Ilya [14]

Answer:

<em>In theory, both are riskless but in practicality they aren't completely risk free.</em>

Explanation:

<em>In investment theory</em>, the investment in government bonds is <em>riskless </em>, irrespective of the investment maturity period because they are backed by the government.

However, <em>in practicality</em> every investment involves risk whether it's a short term or long term. However, a short term investment like the one specified in <em>statement 2</em> involves lower time frame and thereby lower volatility, hence it implies <em>lower risk</em>. The investment specified in <em>statement 1</em> is of longer term and hence can involve higher volatility, hence it implies <em>higher risk.</em>

<em><u>Note</u></em><em>- All the governments are prone to risk practically</em> because they are also part of the global financial and economic system and hence, they have to manage their budget balances prudently. Every investment thereby involves <em>risk</em>, it's just the <em>financial backing</em> of the <em>government financial</em> <em>instruments</em> which makes them less risky as compared to the other financial instruments.  

7 0
3 years ago
Today's US banking system ensures that if everybody who has money on deposit in the banks
zheka24 [161]

Answer:

False

Explanation:

Not all depositors will get their cash. The FED, which is the body that regulates commercial banks, requires the banks to keep only a small percentage of customers deposits in their custody. The percentage maintained in the banks is known as the reserve.  The percentage of the reserves requirement varies with time.

If all depositors decide to withdraw at once, they can not get their money as only the reserve amount will be available in the banks. Commercial banks usually lend out the rest of the customers' deposits to make profits.

6 0
3 years ago
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