Answer:
Franchising
Explanation:
Franchising can be understood as a business model where a brand gives up the rights to use its name and operational model to the franchisee who pays royalties on the use of the brand.
This is an insertion strategy in the market that can have many added advantages, since the franchise is generally already a recognized brand with a consistent and standardized business model that helps in the operationalization of business and in attracting customers. The franchise usually offers the franchisee the training and equipment necessary for the business to be well positioned in the market, as in the case of the example, the company Tru-Shine provides training, equipment and supplies necessary for local companies to sell their products and services under the same trade name.
Answer:
whether they could trust each other to raise the price of a roll of titanium wire and decrease advertising to raise economic profit
Explanation:
A duopoly occurs when only two sellers in a market control the supply and price of a product.
World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wire.
They are both advertising aggressively, but if they agree to collaborate there will be reduced need for advertising.
Them they can both raise the price of titanium wire in order to make more economic profit.
Answer: consume both products at the same rate as before his inheritance.
Explanation: Seppo is a rational spender. This means that although Seppo has more money to spend on brandy and saunas, Seppo will only spend money on what Seppo needs. Seppo's inheritance will not change the amount of hours that are available in a day. Seppo will still only have 6 hours to spend, and will consume the products based on the amount of time Seppo has, instead of the extra cash Seppo can spend on these products. This means that although Seppo has more money, Seppo will still consume the same amount of products as before, as Seppo is a rational consumer who likes to weigh rational consumption choices.
Answer:
Jane's total cost is $60,000.
Explanation:
This is because of the phenomenon called Opportunity Cost.
Simply put, opportunity cost is the cost of the next best alternative use of resources when a choice is made at the detriment of another.
We can also define it by saying, Opportunity Cost is the forgone alternative.
So we know she spent $50,000 to start her business, but would have made 10% of $100,000 which is $10,000 which is the opportunity cost, she has incurred a total cost of $60,000.
Answer:
they should sell 16 pizzas
Explanation:
Total expense money : 9.57+168+62 =239.57
239.57 / 14.57 = 16.44 ≈ 16.4 and if we round up the decimal side the answer will be 16. Therefore the restaurant has to sell 16 pizzas
Hope i helped in some way!
