<span>A service sponsored wholesale systems is common in the employment services and tax services industries where franchisors license individuals or firms to dispense a service under a trade name and specific guidelines.
Manufactures also use this </span>system so that wholesalers can purchase products under a trade name. This allows for a streamline services and keeps the orders and services on track and a unique way of ordering.
<span>b. $16,400........ would be your answer</span>
Lower than for questioning a
Answer:
Option (C) is correct.
Explanation:
Given that,
own price elasticity of demand = -1.5
Percentage change in price of apple = 6 percent
Therefore,
Own price elasticity of demand = Percentage change in quantity demanded ÷ Percentage change in price
1.5 = Percentage change in quantity demanded ÷ 6
Percentage change in quantity demanded = 1.5 × 6
= 9 percent
Hence, the quantity demanded for apple increases by 9 percent when the price fall by 6 percent.
<span>This question suggests that the garment manufacturer uses grouped work stations. Instead of using a more streamlined process in which the material would move smoothly from cutting to sewing to pressing, the cutting machines are in a group in one place. Likewise, the sewing machines are in a separate area, as are the pressing machines.</span>