Answer: Disintermediation
Explanation:
Disintermediation is the withdrawal of funds from an intermediary financial institutions e.g savings and loan associations or banks in order to invest them directly. It is the reduction in using intermediaries between the producers and consumers.
From the question, Erudite stopped using an intermediary and started selling its books online. The main advantage of disintermediation is that the consumer saves money.
Answer:
Progression
Explanation:
Progression in real estate occurs when the property in a given area improves in value as a result of more expensive property bring built in the area.
This is one major way real estate appreciates in value. Some property owners wait for others to develop the area and naturally their own property appreciates in value.
In this scenario the developer buys the last five vacant lots in a subdivision and constructs a large, expensive home on each lot. The homes sell for what are record-setting high prices for the area.
Answer and Explanation:
a. They will visit the local restaurant and the job candidate will choose to have salad as an order. Please check the attachment I added for the other parts of the answer.
b. The interviewer would make a choice and choose local restaurant. Based on this choice, the job candidate will choose salad. If the interviewer should choose chain restaurant, the job candidate will choose steak
C. Strategy
The interviewer:
S = {chain,local}
Job candidate:
S = {(steak, salad} multiplied by {steak, salad}
= {(Steak steak), (steak salad), (salad, steak), (salad,salad)}
Given that <span>Heath's
company is currently producing 50 units of output. the price of the
good is $5 per unit. total fixed costs are $30 and the average variable
cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>