The answer would be that there are few other places to purchase soda on campus; competition (or lack thereof) can play a big factor in determining price elasticity.
While nutrition information can shift consumers' preferences, we have no indication within the question of whether or not the students are well-informed of the impact of their drinking choices.
As for the third option, we are not given any information on the students' budgets, and no information with which to infer this, either. We only have information on their spending as it is related to soda, not as compared to other purchases.
Finally, given that the quantity sold does not change much despite the change in price, we can conclude that this price curve is relatively inelastic, in which case the price elasticity of demand would be closer to zero than one. This effectively rules out the last answer.
Answer:
A busy small business owner is considering purchasing groceries through a premium home delivery service because of its convenience. The service provides the best groceries and costs significantly more than buying groceries in the store, but home delivery is an attractive feature. Examine the
opportunity costs and trade-offs of the small business owner choosing to buy groceries through this premium home delivery service. Compare your
findings with the opportunity costs and trade-offs if the small business owner were to choose buying groceries in the store instead.
Explanation:
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"Critical thinking" is one skill or ability among the following choices given in the question that Shannon will need the most to be effective in this position. The correct option among all the options that are given in the question is the first option or option "a". I hope that this is the answer that has come to your great help.
Answer:
Option D: Counterfeit activity
Explanation:
Counterfeiting activities refer to the wide range of activities that violate the intellectual property rights of individuals. They range from illegal product duplication to piracy and illegal production and sale of a patented product.
Counterfeiting does not only harm the Intellectual property owner, it also affects the nation. This is because counterfeiting activities discourage creators from investing time and other resources to create novel products for the market that can boost the economy.
<em>The other options are not correct. They mean the following:</em>
Royalties refer to the sum of money that is paid to patent holders over the use f their products.
International franchising refers to the process of given permission to individuals around the world to operate and do business under your brand name, under strict adherence to certain codes of conduct
foreign licensing refers to is the agreement between two companies to sell each other's products outside their home country.
A <u>marketability discount</u> is applied to reduce estate tax when a large amount of real estate is for sale in one area.
When evaluating private enterprises, the discount for lack of marketability (DLOM) is used. It has to do with the business not having a publicly listed stock on a stock market.
Since shares of publicly listed corporations may be purchased or sold in a controlled marketplace, these companies are seen to have a "market." Private businesses lack a centralised market and are thought to have smaller markets. In order to represent the lack of a market, private firms should, in principle, be valued lower than public companies, all else being equal.
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