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<span>Farmers who sell their fruit and vegetables to consumers at roadside stands or farmer's markets use a producer to consumer marketing channel.
Producer to consumer means that it goes straight from the person who produced the good or service to the hands of the consumer with no middle man. In this case, instead of going from producer to the grocery store and then to the consumer - they skipped the grocery store step. :)</span>
Answer:
Strategic planning
Explanation:
Strategic planning is a plan carried out at the top echelon of the management of an organisation, it defines the long term vision of an organisation, provides directions and deploy resources required to achieve the long term goals of the organisation.
Strategic planning has to do with defining the strategic business focus of the business, raising the required finance, and ensuring the plans are put into operation by the relevant level of management and it is consistent with the strategic plan.
Answer:
A quantity demanded of spaghetti sauce decreases, and the quantity of spaghetti sauce that firms want to supply increases.
Explanation:
A price floor is usually set by a government or an agency of the government. It is the lowest price that can be charged for a good or service. For a price floor to be effective, it should be higher than the equilibrium price.
If the equilibrium price is $3 and the price floor is $4, the quantity demanded falls because spaghetti sauce becomes more expensive. This is according to the law of demand which says the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
The quantity supplied increases when the price floor is set to $4. This is according to the law of supply which states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
A price floor leads to a movement along the demand and supply curve and not a shift.
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Answer:
that being one of the owners of the business
Explanation: