Answer: Option E
Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.
The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.
Hence we can conclude that the right option is E.
Answer: I found the complete question on Google:
By 2017, McDonald's had stopped selling Chicken McNuggets and other products made from chickens fed antibiotics. The change increased McDonald's costs, but an article in the Wall Street Journal noted that "...McDonald's ability to raise its prices is limited because of stiff competition."Source: David Kesmodel, Jacob Bunge, and Annie Gasparro, "McDonald's to Curb Antibiotics in Chicken," Wall Street Journal, March 4, 2015. Does this "stiff competition" mean that the demand curve for McDonald's Chicken McNuggets is horizontal? Briefly explain.
And the correct answer is: "B. No, the demand curve is not horizontal because Chicken McNuggets are not identical to other chicken products.".
Answer:there’s all of them word it differently please
Explanation:
Lesson two unit lab for advertising sales promotion
Profits not always the point
1) Consistent, Competitive & Profitable
2)doing good
3)finding a purpose
4. Values and purpose
5)profit is definitely an added perk, if your company is making good profits then you can offer incentives such as bonuses or other things for your employees to do their best every day.
Secrets of selfridges
1)he had an approach to marketing he drew people in
2)he advertised in a newspaper he would fly the flag above the shop he wrote articles defending their cause
3. It made him popular with women shoppers when things turned violent people protected his store
4. He treated everyone the same this was revolutionary because the classes were separated so it was integrating the classes and treating them all the same even though that wasn’t everyone’s outlook on it
5. Sales became a worldwide tradition
Answer:
EIN; employer idenification number.
Explanation:
hope this helps :)
Answer:
181,500 units
Explanation:
Given that
Beginning work in progress inventory = 20,000 units
The department completed and transferred = 165,000 units
Ending period = 22,000 units
Percentage of completion = 75%
The computation of equivalent units is given below :-
Work in progress of ending period
= 22,000 × 75%
= 16,500 units
So, the equivalent units
= 165,000 + 16,500
= 181,500 units
