1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zysi [14]
3 years ago
13

Denny is the owner of a popular ice-cream parlor. He also has a retail distribution network in the form of ice-cream vans that g

o around the city. With the help of this distribution network, Denny is able to efficiently manage the movement of goods and keep the costs lower than other ice-cream shops. This is an example of _____.
Business
1 answer:
AysviL [449]3 years ago
6 0

This is an example of "Equilibrium in business"

<u>Explanation:</u>

Equilibrium is the state of balance between market supply and demand, and as a consequence, prices are stable. Over-supply of goods or services generally causes prices to fall, leading to higher demand. The offers and demand balance effect results in a stable state. Here as Denny have good retail distribution network which allow him to supply across city and maintain lower price due to good availability of ice creams. For Denny reaching to the customers was easy via vans, thus his ice-creams had lower price.

You might be interested in
The act of giving up one thing of value to gain another thing of value is called a/an
Vedmedyk [2.9K]

Answer:

Trade-off. act of giving up one thing of value to gain another. Opportunity Cost. value of the next best alternative you could have chosen. Marginal Benefit.

Explanation:

5 0
2 years ago
Read 2 more answers
MacKenzie Company sold $620 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 5.0% serv
amid [387]

Answer:

DR Cash $589  

DR Credit Card expense $31

CR Sales  $620

<em>(To record sales via credit card)</em>

<u>Working</u>

Cash

= 620 * ( 1 - 5%)

= $589

Credit Card Expense

= 620 * 5%

= $31

4 0
3 years ago
What is a key factor you should consider when determining asset allocation
scoray [572]

Answer: Did u find out the anser?

Explanation: Im taking the quiz now

8 0
2 years ago
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called __________.
Furkat [3]
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called Progressive tax. It is the type of tax that goes on increasing with increase of income. The people with higher income pays a higher amount of tax than the people with lower income. I hope the answer has helped you.
4 0
3 years ago
To avoid double-counting output in GDP measures, _____ are excluded in GDP.
Effectus [21]
The correct answer is d). We have that government spending can also give way to products and services, just like private enterprises, thus there is no double-counting there. Services such as haircuts have their own value, which are separate from any other material products. Finally exports are also not counted twice; Raw materials though would be counted twice if we counted them for the GDP since their value is incorporated in the value of the final product. For example, we cannot count towards the GDP the value of rubber production in a country since then, if we counted the value of the tires too, we would count the value of the rubber in the tires twice (one time as rubber/ one time as part of the tire).
7 0
3 years ago
Other questions:
  • The federal trade commission (ftc) created the _____ rule, giving consumers three days to cancel purchases they make from salesp
    5·1 answer
  • Jones Lumber Co. has annual fixed costs including depreciation of $300,000 and variable costs that are 88.25 percent of sales. W
    13·1 answer
  • After identifying the purpose of your message, you should select the most appropriate communication channel. When determining th
    6·1 answer
  • At December 31, 2017, the available-for-sale debt portfolio for Carla, Inc. is as follows. Security Cost Fair Value Unrealized G
    11·1 answer
  • A busy food pantry works hard each holiday season, but employees are completely exhausted afterwards. In addition, the stock is
    6·1 answer
  • Why is it important to be a good communicator for a successful future?
    10·1 answer
  • Tri Fecta, a partnership, had revenues of $364,000 in its first year of operations. The partnership has not collected on $46,700
    8·1 answer
  • What is jute sacks ?​
    9·1 answer
  • How do the entry and exit of firms in a purely competitive industry affect resource flows and long-run profits and losses?
    11·1 answer
  • To what degree a country's legal system is based on the rule of law matters little in international business.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!