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Paul [167]
3 years ago
11

Riya has recently started a restaurant in a commercial area that already has many other establishedrestaurants and popular fast-

food chains. Riya owns the building in which her restaurant is located,rather than leasing premises as her competitors do. This factor allows her to offer her products at amore competitive price. Riya has also invested a huge amount in designing the restaurant's interiorand in equipping the kitchen with the appliances that are most widely used in her industry. In thisscenario, which of the following is the most valuable resource for Riya's business?
1. the investments made by Riya on the restaurant's interior
2. the type of kitchen equipment widely used in her industry
3. the restaurant's late entry into the market
4. the building owned by Riya, which reduces cost of operations
Business
1 answer:
STatiana [176]3 years ago
3 0

Answer:

Option 4 Building is the most valuable asset owned by Riya

Explanation:

The reason is that the asset lowers the breakeven point and also helps to increase the profit by offering at lower prices than the competitor to increase the product demand and earn more by increased demand (Demand and price relationship application). So the most valuable asset from the business perspective is building owned by Riya.

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Technical profession is a highly skill based profession in which a practical knowledge is required.Example:engineering in civil,mechanical,computer e.t.c.

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3 years ago
External economies of scaleA.lead to the creation of a single large monopoly.B.cannot be associated with a perfectly competitive
devlian [24]

Answer:

The correct answer is option D.

Explanation:

External economies of scale can be defined as the situation when the average cost of production is reduced due to growth of industry as a whole. It can also be referred as the external benefit of expansion of the industry.

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5 0
3 years ago
You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the y
kotykmax [81]

Answer:

Total return = 14.94%

Explanation:

Options are <em>"14.17% , 13.40% , 14.94%, 11.43%, 3.50%"</em>

End price = $59.46

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Total return = (End price - Beginning price + Dividends) / Beginning price

Total return = ($59.46 - $53.36 + $1.87) / $53.36

Total return = $7.97 / $53.36

Total return = 0.1493628185907046

Total return = 14.94%

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3 years ago
Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
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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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Items that save you money by allowing you to pay a relatively low price for a good or service include _____ .
sladkih [1.3K]
The question above has incomplete statement it lacks certain given choices. with this i made a research about the question and it turns out that the answer of the question in the items that save you money by allowing you to pay a relatively low price for a good or service is comparative shopping.
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3 years ago
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