Answer: the correct option is D. Risk is eventually transferred to the other party
Explanation: A Partnership is a type of business arrangement in which two or more parties come into an agreement to engage in business together. These parties are known as partners.
Benefits of long-term partnerships include all the options in the question above except transferring risk to the other party, because the risk in partnerships cannot be transferred, risks are shared by all members of the partnership.
Answer:
A.
Explanation:
In business, the term positioning is defined as a position where items or products stand in comparison with other products and services in the market.
External positioning refers to placing the price of services and items by taking cues from other similar products and services in the marketplace.
In the given case, the two companies are engaging in external positioning. Therefore, option A is correct.
I am the age 17 and I am A)Single
Answer:
<u>$35</u>
<u>Explanation</u>:
Note the formula:
Total revenue (TR)= Price (P) x Q and Marginal revenue (MR) = Change in TR / Change in Q
<u>Total Revenue for 2 units of output sold</u>
= 2 x $50 = $100
<u>Total Revenue for 3 units of output sold</u>
= 3 x $45 = $135
<u>The Marginal Revenue=</u>
Change in TR (135-100) / Change in quantity (3-2)
= $35/1
= <u>$35</u>
Therefore, the Marginal Revenue If the firm sells 3 units of output, will be $35.