Answer:
A. Wholesaling
Explanation:
Wholesaling can be defined as when a producer/seller sells goods in large quantities at low prices to be sold again by the buyer for profit. It is the sale of goods to a retailer in bulk at lower prices. The retailer then repackage it (amongst other activities) and resell it in smaller quantities and higher prices.
When the Dailes restaurant sells to other restaurants it's wholesale because those restaurants then resells it. When the sell to their customers, it is retail.
Answer:
The answer is letter A. Earning normal profits because their returns on investment are equal to the opportunity costs of the time invested.
Explanation:
Because all resources are being used efficiently and there is no need to use them elsewhere.
Answer:
Mutual assent.
Explanation:
Since Linda is not yet 18 years old her parents should give assent on the contract of sales trainee.
Answer:
14.77%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 4.97% + 1.40 × 7%
= 4.97% + 9.8%
= 14.77%
The (Market rate of return - Risk-free rate of return) is also called market risk premium and the same is shown in the answer
Answer:
The correct answer is letter "D": Everybody faces trade-offs.
Explanation:
Trade-offs are closely related to the scarcity problem. Scarcity is the basic economic problem that arises because people have unlimited wants but resources are limited. Because of scarcity, various economic decisions must be made to allocate resources efficiently. There is when <em>individuals </em>have to sacrifice one need or part of it to fulfill a major benefit. Trade-offs are experienced in that case and not only individuals but also, <em>companies </em>and <em>governments </em>deal with these situations.