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pentagon [3]
3 years ago
14

Which of the following demonstrates the law of supply?

Business
1 answer:
bixtya [17]3 years ago
7 0

Answer:

a. When price of leather belts rose, the leather belt sellers increase their quantity supplied of leather belts.

Explanation:

Law of supply: The increase in price of goods increases the quantity supplied of the same good, keeping all other factors constant.

This means if the price of good increases, the producers tend to produce more of such goods. Thus, the quantity supplied in the market for such good also increases.

Here,

The price of leather belt increased which convinced the producers of leather belts to increase the level of production. This increased the quantity supplied of leather belts in the market.

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McDonald's is an example of a ________ franchise. a. conversion formsb. trade namec. product distributiond. pure
Sergio039 [100]

Answer:

Pure Franchise

Explanation:

A Pure franchise can be defined as the way in which franchise made available all the necessary and important document which the franchisee will need such as the complete business format , trade name licence, the types of product or goods to be sold, the marketing strategy to use as welll as the type of method of operation to follow and use among others.

In addition PURE FRANCHISE may as well include the actual amount or cost for the start upstart, franchise fees as well as their growth history.

All this procedure are what the franchisor use to sells the complete business format as well as the system of their product to the franchisee in which the franchisee must adopt as well.

Therefore McDonald's is an example of a PURE franchise.

3 0
3 years ago
Read 2 more answers
Accounts receivable arising from sales to customers amounted to $40,000 and $32,000 at the beginning and end of the year, respec
tatuchka [14]

Answer: $118,000 ;

show the bank has collected a note receivable for the customer

Explanation:

Based on the information given in the question, we can see that there is a reduction in the accounts receivables which will be:

= $40,000 - $32,000

= $8,000

This will then be added to the bet income in order to get the value for the cash flows from operating activities which will be:

= $110,000 + $8,000

= $118,000

Credit memo shows the payment or interest for a particular thing. This can be used to show that a particular bank has received a note, also can be used to show that an interest has been earned on the deposit made. Therefore, the correct option is "show the bank has collected a note receivable for the customer"

3 0
3 years ago
Vibgyor Inc., a manufacturer of smartphones, has entered into a 15-year partnership with a software company to develop sophistic
Wittaler [7]

Answer: b. A Strategic Alliance

Explanation:

A Strategic Alliance refers to two or more entities agreeing to work together and involves them sharing their resources, knowledge, and capabilities to develop a superior product or other objectives that might not be tangible.

The Companies will remain independent while this is done.

The relationship between Vibgyor and the software company can therefore best be referred to as a Strategic Alliance.

4 0
3 years ago
City A, City B, and City C are cooperating to build a community center catering to the three cities. Seats on the 10-member comm
muminat

Answer:

city A = 3 members in the committee

city B = members in the committee

city C = 4 members in the committee

Explanation:

City A: 18,000 people

City B: 21,000 people

<u>City C: 22,000 people</u>

total 61,000 people

A seat in the committee will be assigned for every 6,100 people

city A = 18,000 / 6,100 = 2.95 ⇒ city A will get 2 + 1 = 3 members in the committee

city B = 21,000 / 6,100 = 3.44 ⇒ city B will get 3 + 0 = 3 members in the committee

city C = 22,000 / 6,100 = 3.61 ⇒ city A will get 3 + 1 = 4 members in the committee

2 + 3 + 3 = 8, there were 2 remaining committee members that should be divided using the size of the remainders: 0.95 > 0.61 > 0.44

8 1
4 years ago
he following information relates to a company’s aggregate production planning activities: Quarter Demand Forecast 1 37,500 2 45,
Evgen [1.6K]

Answer:

20,000 units

Explanation:

Number of units in inventory at the end of quarter 3

= 3(42,500)

=127,500

Hence:

127,500- 37,500-45,000-25,000

= 20,000 units

Therefore if production strategy is used the number of units in inventory at the end of quarter 3 is 20,000 units

5 0
3 years ago
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