Answer:
Operating income will be decreased by $19,000
Explanation:
Prior to elimination of Chicago branch Loss = $3,000
After eliminating chicago branch (Unavaoidable fixed costs will still be incurred) loss = $22,000
Difference = $3,000 - $22,000 = $19,000(decrease)
Yes. He don’t have to pay and the bartender could get arrested for failing to renew the licence
Answer: Pre-seed Funding Stage
Explanation:
The Pre-seed funding stage is described as the period in which start-ups are getting off with their operations from nothing or off the ground
The most common pre-series investors are:
Startup Owners
Friends and Family
Early Stage Venture Funds
The Pre-seed funding stage associates with funds between $10,000 to $100,000
Answer:
b. The refusal has an anti competitive effect on the market.
Explanation:
When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.
This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.
Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.
