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gregori [183]
3 years ago
12

Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i

n a larger drop in prices for restaurant meals?
Business
1 answer:
Darina [25.2K]3 years ago
7 0

Answer: Inelastic demand

Explanation:

When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is.  When demand is more elastic then a fall in price will be less when supply increases.

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Selecting the best alternative system involves:
MissTica

Answer:

The correct answer is letter "E": both A and B.

Explanation:

At the moment of creating a strategic plan, companies must also outline contingency strategies in case the master plan does not work. These contingency plans work as alternative systems that, just like the master plan, englobe all the activities and steps the firm will follow to keep the business up and running.  

Therefore, the alternative systems also include the resources available the firm counts on to conduct its operations which will also let the company be aware of the limits it has in the for its day-to-day and long-term activities.

7 0
2 years ago
What is Kevin’s net worth on May 31, 2013?<br> $4,050<br> $9,260<br> $13,200<br> $22,460
Alchen [17]

$4,050, i got that by adding up each size than subtracting the totals

4 0
3 years ago
Read 2 more answers
Rosario, a department manager, has been dealing with two workers in her department who do not get along. Due to family problems
Degger [83]

Answer:

The correct answer would be option C, Disturbance Handler.

Explanation:

A Disturbance Handler is usually the manager who takes charge when an unexpected dispute or roadblock arises within the team of the organization. So in the given question, when two workers in his department could not go along and had a harsh argument with each other due to some family problem between them, Rosario meets both of them to resolve the issue between them. He, being a manager, played the managerial role of Disturbance Handler to make them come to a conclusion and stop their arguments. He is basically handling the disturbance, caused by both employees on the workplace.

5 0
3 years ago
Lance Production Company has the following information:
satela [25.4K]

Answer:

$0

Explanation:

Variance overhead efficiency variance = (Standard hours - Actual hours) * Standard variable overhead rate

= (6,000 hours *  $1) - 6,000 hours * $5

= (6,000 hours - 6,000 hours) * $5

= 0 * $5

= $0

Thus, the Variance overhead efficiency variance = $0

5 0
3 years ago
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marusya05 [52]

Answer:

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A good relationship with the supplier would provide the business the needed support just as it does to the competitor. This would make business to come to the way of the supplier.

Buying in bulks is a good way of making purchases because it is a way to get products at a cheaper rate

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