Answer:
I believe it would be c the owner of the Coffee Shop. I went to look up the definitions zo make sure I was Correct.
<span>the answer is several of the characteristics of a high performing strategic leader.
What unique about him is:
- He does not had a lavish lifestyle eventhough he held the most important position in the company.
- He let his office opened so all of his employees can get easy access to communicate with him
- He openly receive any ideas his employees gave to him as long as it's related to their growth as an organization.</span>
Answer:
The price is above equilibrium; quantity supplied is more than quantity demanded.
Explanation:
A surplus in the market means the actual price of a product is above the equilibrium point. The quantity supplied is much more than the quantity demanded. A considerable population of buyers will not afford the product due to its high price.
Higher prices will cause the demand for goods to decrease in the market. When there is a surplus in the market, sellers will tend to reduce the price hence increasing the quantity demanded. This will decrease the quantity supplied. The buyers will now afford the product.
Oscars opportunity cost for buying the business is 50,000