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Gekata [30.6K]
3 years ago
7

(Consider This) In 1975, McDonald's introduced its Egg McMuffin breakfast sandwich, which remains popular and profitable today.

This longevity illustrates the idea of _______.
A. opportunity cost.
B. upsloping supply.
C. consumer sovereignty.
D. specialization
Business
1 answer:
Masteriza [31]3 years ago
7 0

Answer:

C. consumer sovereignty.

Explanation:

Consumer sovereignty in economics imply that consumers have the power to determine what will be produced. They do this by demanding for products they want, increasing its supply and demanding less of products they do not want which reduces its supply.

I hope my answer helps you

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Oriole Chemicals Company acquires a delivery truck at a cost of $32,000 on January 1, 2022. The truck is expected to have a salv
emmainna [20.7K]

Answer:

$4,500

Explanation:

Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life

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The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.

Therefore, the depreciation expense each year would be $4,500.

I hope my answer helps you

4 0
3 years ago
Leaders often see the world from a big-picture perspective.<br> True<br> False
alexandr1967 [171]
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7 0
2 years ago
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Brad is a sales representative for a Kettle Chips and is preparing for a Super Bowl promotional campaign. He's contacting each o
alexdok [17]

Answer:

point-of-purchase advertising.

Explanation:

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Hence, this is known as point-of-purchase advertising, a type of trade-oriented promotion.

A point of purchase advertising can be defined as a marketing strategy used by retailers, which typically involves the placement of end user goods e.g graphics of the Super Bowl teams strategically placed in a supermarket aisle for retail customers.

7 0
3 years ago
There are two ways to calculate the expected return of a​ portfolio: Either calculate the expected return using the value and di
Arisa [49]

Answer:

Correct Answer:

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Explanation:

In any given business calculation that is expected to arrive at a particular solution, the solution obtained would always be the same irrespective of the method adopted. <em>For the example, the case of expected return of a portfolio in a business, the calculation would definitely give the same answer when two methods are adopted.</em>

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