<h3>
<u>Answer -</u></h3>
If one has been running a successful art and framing shop for three years and has decided to allow others to use his/her business name materials and methods in operating their own business for a fee. It may be called as a franchise agreement.
<h3>
<u>Explanation -</u></h3>
A franchise agreement allows the business owner to use the licensor's brand and method of doing business. The franchisor is the original or existing business owner who allows the other one to use his/her business name materials and methods in operating their own business.
A certain amount of fees is to be paid by the franchisee that may be called in the layman’s language as the licensee, who is supposed to pay the fee to the licensor (franchisor) are exchanged for the rights to use the franchisor's name is for a specific number of years.
Answer:
$80,000
Explanation:
Given:
Amount issued by the Bentley Corporation = $1,000,000
Duration = 10 years
Interest rate on the bods = 8% annually
Market rate of interest = 7% annually
Now,
the interest charged will at the rate on the bonds i.e 8%,
therefore,
the Interest expenses = Rate × Amount issued
on substituting the respective values, we get
the Interest expenses = 0.08 × $1,000,000
or
the Interest expenses = $80,000
Answer:
PeD = 0
Explanation:
Price elasticity of demand is the responsiveness of quantity demanded when there is a change in price. An elastic demand means that when price changes the quantity demanded changes by more than the proportionate change in price. measured as
Ped = % change in Quantity demanded / % Change in Price
An elasticity value of between 0 and 1 is regarded as inelastic demand as quantity changes by less than the proportionate change in price.
Value of 1 is considered unitary elastic as an equal proportionate change occurs.
Greater than 1 is elastic demand where the change is more than proportionate.
When there is absolutely no change the demand is perfectly inelastic and the demand curve is vertical. This yields a value of 0 as there is no observed change in quantity demanded given a change in price.
Hope that helps.
Which of the following caught in or caught between hazard poses the greatest risk when working in excavations and trenches?
B.
Cave-ins
<span>The answer is They left a 20% tip, so the service was probably above average. First step is to the amount of the sales tax. If 100% is $73.89, 5.8% will be x (tax): 100% : $73.89 = 5.8% : x. x = $73.89 * 5.8% : 100%. x = $4.28. Now, we have the price for meals, sales tax, and the total amount of money left, so we can calculate how much the tip is: $93.00 - $73.89 - $4.28 = $14.83. So, the tip is $14.83. Let represent it as percent. If $73.89 is 100%, $14.83 will be x. $73.89 : 100% = $14.83 : x. x = $14.83 * 100% : $73.89. x = 20%. So, they left a 20% tip, so the service was probably above average.</span>
