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DanielleElmas [232]
3 years ago
7

Kevin has considered selling franchises of his very successful hardware store. however, he is concerned that the franchises will

destroy the reputation of the company and end up hurting his business. what advice would you give kevin?
Business
1 answer:
AlekseyPX3 years ago
4 0
I really don't know
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Which of the following is consistent with moving from a surplus to equilibrium in the market for foreign-currency exchange?
Vladimir79 [104]

Answer:

D

Explanation:

Foreign exchange rate is the rate at which one currency is exchanged for another currency.

If there is a surplus in the market for foreign-currency exchange, it means that the supply of foreign currency exceeds the demand. This would lead to the exchange rate appreciating and the domestic goods been more expensive.

If the foreign currency is moving from a surplus to equilibrium, it means that the supply is falling and is almost equal to demand. This would lead to a depreciation of the exchange rate and domestic good would become less expensive

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Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor? Check a
Rashid [163]

Answer:

Paying higher wages boost up employees to be more productive, as higher wages is considered as a source of motivation to the employees and they will improve their level of work and complete their task in an effective and efficient manner which leads to productivity at workplace. Hence, this automatically leads to timely completion of work at almost zero cost.

The reasons why some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor are as follows:

  • Paying higher wages helps workers to be healthier in some developing countries.
  • Higher wages attract a more competent pool of workers.
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3 0
3 years ago
Shopping online allows customers to compare prices of many goods and services. This technology will likely:
Murljashka [212]

Answer: d. cause businesses to increase their focus on nonprice aspects of their promotional message.

Explanation: The internet has made it possible for shopping to be done online. Businesses will most likely increase their focus on nonprice aspects of their promotional message as a result of the technology. This would be largely due to an increase in price competition as more and more consumers have instant access to prices from all around the world and in response to this, nonprice competition is more likely to be on the rise.

4 0
3 years ago
when the act curve is decreasing, we know that the mc curve is, and when the atc curve is increasing, we know that mc is
yuradex [85]

Answer:

When  ATC curve is​ decreasing, we know that the MC curve is

below the ATC curve​, and when the ATC curve is​ increasing, we know that MC is  above the ATC curve

Explanation:

ATC refers to average total cost and MC refers to marginal cost, these both curve derive from total cost when MC is below ATC curve it shows that MC is less than ATC at that point ATC is falling.

Likewise, when MC is above ATC curve it shows MC is grater than ATC curve and at that point ATC is rising.

furthermore, when MC is equal to ATC at that point ATC is at minimum point.

7 0
4 years ago
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