Answer:
Equilibrium price and quantity will fall
Explanation:
An announcement that chocolate causes cancer is a negative news for Godiva chocolate. As such, demand for the item will fall as consumers reduce their consumption of the item. This will push down equilibrium quantity.
Given the fall in quantity demanded, equilibrium price will consequently fall as producers will reduce price in an attempt to stabilize demand for the item.
Wages
The cost of labour is the sum off all wages paid to employees as well as the cost of employee benefits and payroll taxes paid by an employer.
The cost of labour is broken in direct and indirect cost.
Answer:
The correct answer is option b.
Explanation:
The bureau of labor statistics collect the data concerning the employment situations in an economy. It provides data on unemployment, types of employment and length of workweek. It comes under the department of labor and produces monthly data on unemployment rate.
It considers people who have a job or are involved in some business as employed. Those people who do not have a job or are not self employed or are not involved in a family business and are looking for work are unemployed.
Answer:
Marketing mix
Explanation:
The marketing mix is a combination of product, price, place, and promotion. The marketing mix is also called 4Ps. These factors determine the marketing strategy through which they get to know their position in the market.
The price is the value which is given to the customers
The product is the item which is to be shown to the customers
The place is the location in which the product is sold to the customers
And the last is a promotion in which the product is communicated to the end numbers of people either by word of mouth, by adverting, etc
Answer: C. 10 years
Explanation: A long-term goal will take many years. An example is saving up enough money to buy a house. This will take many years to achieve the goal.