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Nookie1986 [14]
3 years ago
11

What are some events that have significantly influenced and changed the sport industry? Please explain.

Business
1 answer:
Yuki888 [10]3 years ago
5 0

Answer: WORLD WAR 1 AND II

BICYCLE CRAZE

ENDORSING.

Explanation:World war 1 is also known as the FIRST WORLD WAR it took place between 1914-1918, it made sports Competition popular among soldiers such as Football, Athletics etc the love of sports led to the creation of leagues among soldiers and war criminals. World war II significantly affected the sports as.moat of the plays were called-off,sports men were recruited to fight etc.

The bicycle craze had a great significant in sports as the urge for bicycle rasing started immediately after the invention of bicycles in the 1800s.

ENDORSING have impacted sports greatly as many multinationals have been involved in endorsing spots men and women,this has helped to increase the urge for sporting activities.

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To deal with a wartime economic crisis in 1779, Congress urged states to: a. seek loans from friendly European governments. b. a
qwelly [4]

Answer:

C. adopt measures to fix wages and prices.

Explanation:

Between 1775 - 1783, the thirteen (13) colonies in Congress warred against the British because of its lack of colonial representation and the objection of the British to the direct taxation method introduced by the parliament. This war was known as the American revolutionary war or American war of independence.

Consequently, this war resulted in a deep economic crisis and inflation for the people of America.

To deal with this wartime economic crisis in 1779, Congress urged states to adopt measures to fix wages and prices such as refusal to issue continental dollars but resort to the issuing of tax adjustment  notes, loan office certificates, warrants, quartermaster notes, etc.

3 0
3 years ago
A partner (owner) who invests money in a business does not take an active role in managing the operation, and is only subject to
Mashutka [201]

Answer:

Limited partner

Explanation:

A limited partner has limited liabilities and doesn't take an active role in managing the operation of the business. A limited partner is also known as a silent partner.

I hope my answer helps you

3 0
3 years ago
An increase in the price of oranges would lead to
Art [367]

Answer:

a movement up and to the right along the supply curve for oranges.

Explanation:

The supply curve exhibits the price and quantity.

Quantity on the x axis that reflects the quantity supplied.

Price on the y axis that reflects the price at which the particular commodity is offered.

Accordingly, when there is increase in prices of orange the y axis will move upward, also as there is increase in price the suppliers would supply more at the price, accordingly x axis will also grow.

Accordingly the supply graph will move upward in the right direction.

8 0
2 years ago
1. Give the three (3)<br>business resources​
Ira Lisetskai [31]

Answer:

Financial Resources

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Educational Resources

Explanation:

8 0
3 years ago
You are given the market demand function Q=2800-1000p, and that each duopoly firm's marginal cost is $0.07 per unit, which impli
Fed [463]

Answer:

q1 = 910

q2 = 910

Explanation:

Given:

Q = 2800 - 1000p

Marginal cost = $0.07 per unit

Q = 2800 - 1000p

p = \frac{2800 - Q}{1000}

p = \frac{2800- q_1 - q_2}{1000}

Let's calculate profit of firm 1:

TR = p1 q1

= \frac{2800 q_1 - q_1^2 - q_1 q_2}{1000}

MR = \frac{2800 - 2q_1 - q_2}{1000}

MR = MC = 0.07

\frac{2800 - 2q_1 - q_2}{1000} = 0.07

Cross multiplying:

2800 - 2q₁ - q₂ = 70

2800 - 2q₁ = 70 + q₂

2800 - 70 - 2q₁ = q₂

2730 - 2q₁ = q₂...............(1)

Let's calculate profit of firm 2:

TR = p₁ q₂

= \frac{2800 q_2 - q_1 - q_2^2}{1000}

\frac{2800 - q_1 - 2q_2}{1000} = MR

MR = MC = 0.07

\frac{2800 - q_1 - 2q_2}{1000} = 0.07

Cross multiplying:

2800 - q₁ - 2q₂ = 70

2800 - 2q₂ = 70 + q₁

2800 - 70 - 2q₂ = q₁

2730 - 2q₂ = q₁................... (2)

Substitute 2730 - 2q₂ for q₁ in (1)...

Thus:

2730 - 2q₁ = q₂

2730 - 2(2730 - 2q₂) = q₂

2730 - 5460 + 4q₂ = q₂

-2730 + 4q₂ = q₂

-2730 = q₂ - 4q₂

-2730 = - 3q₂

q₂ = -2730/-3

q₂ = 910

Substituting 910 for q₂ in (2):

2730 - 2q₂ = q₁

2730 - 2(910)= q₁

2730 - 1820 = q₁

910 = q₁

q₁ = 910

The Cournot equilibrium quantities are: q₁= 910; and q₂ = 910

3 0
2 years ago
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