The effect of the demand and supply chain can be seen in the highly volatile nature of the music industry.
Explanation:
The principles are highly accurate for many industries that are given in the article "The Effect of Price on Number of Suppliers."
This is effectively about the demand and supply chain and one can see how this applies to the people in the music industry who have to deal with these overhauls.
The industry is largely volatile and there are trends that come and go in a couple of years and with them go away whole labels and and artist.
The people who survive are the ones that adapt and do not go all in on one trend or another.
This one can even see in other business practices.
CU's attorneys should file a <u>motion for summary judgement</u>, which asks the judge to make a ruling on the facts of the case alone without going to a full trial.
Answer: Justice.
Explanation:
Justice is not being totally applied by Lewis in controlling the marketing department, as he uses different controlling technique for his friends and a harsher control technique for others. For Lewis to be just, he has to apply same controlling techniques for all workers.
Answer:
$3,728,203
Explanation:
Particulars Amount
Cash Received $2,408,400
Add: Mortgage assume by purchaser $1,445,040
Less: Broker's commission ($96,336)
Less: Points paid by Peyton <u>($28,901) </u>
Amount realized <u>$3,728,203</u>
Answer:
Income effect
Explanation:
Own price increases are associated with decreases in quantity demanded, ceteris paribus. These decreases in quantity demanded are composed of two effects, the substitution effect and the<u> Income effect.</u>
We know as per the law of demand, price increases lead to decrease in the quantity demanded if factor remain constant.
Quantity demanded has effect of two other major factors:
- Subtitution effect.
- Income effect.
Subtitution effect: It is the price of subtitution goods & services also lead to increase and decrease of demand for any particular goods.
Example: Price of tea and coffee.
Income effect: It is the income of consumer that effect the demand of any goods & sevices, as with the increase in income of consumer, their demand for inferior goods decreases and demand for branded goods increases.
Example: Non branded clothes and branded clothes.