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weeeeeb [17]
3 years ago
7

Sales are related to the average entrée price, the local unemployment rate, the number of competing restaurants in the area and

the number of events being held in the area.
a. True
b. False
Business
1 answer:
Murljashka [212]3 years ago
4 0
I’d say false. I hope this helps
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On her way to visit her parents, Jennifer drives 265 miles in 5 hours.
Zolol [24]
Speed = distance/time
           = 265/5
           = 53 mph

hope this helps :)


4 0
3 years ago
According to the Mundell–Fleming model, in an economy with flexible exchange rates, expansionary fiscal policy causes net export
maxonik [38]

Answer: Decrease and Increase

Explanation:

According to the Mundell–Fleming model, in an economy with flexible exchange rates, expansionary fiscal policy will cause the net exports to decrease. Expansionary fiscal policy shifts the IS curve rightwards, as a result BOP surplus created in the economy. So, exchange rate decreases to shift the BOP back to its initial position. As a result of lower exchange rate, exports falls. Hence, net exports decreases.

Expansionary Monetary policy will cause the net exports to increases. Expansionary Monetary policy shifts the LM curve rightwards, as a result BOP deficit created in the economy. So, exchange rate increases to shift the BOP back to its initial position. As a result of higher exchange rate, exports increases. Hence, net exports increases.

5 0
3 years ago
Suppose we have a 2-person world, with only Stephen and his friend LeBron. Suppose that Stephen can move 70 boxes or bake 28 coo
PIT_PIT [208]

Answer:

Option (c) is correct.

Explanation:

Stephen can move 70 boxes or bake 28 cookies:

Opportunity cost of moving a box = (28 ÷ 70)

                                                         = 0.4 cookies

Opportunity cost of baking a cookie = (70 ÷ 28)

                                                         = 2.5 boxes

LeBron could move 24 boxes or bake 6 cookies:

Opportunity cost of moving a box = (6 ÷ 24)

                                                         = 0.25 cookies

Opportunity cost of baking a cookie = (24 ÷ 6)

                                                             = 4 boxes

Yes, trade is possible.

Stephen has a comparative advantage in baking cookies because of the lower opportunity cost than LeBron, so he is specialized in baking cookies.

On the other hand, LeBron has a comparative advantage in moving boxes because of the lower opportunity cost than Stephen, so he is specialized in moving boxes.

3 0
3 years ago
A manufacturing company reports the following items:
QveST [7]

Answer:

The cost of goods sold is  $ 4,800.

Explanation:

This problem requires us to calculate cost of good sold. The opening and closing balance of finished goods is given in the question. The cost of good manufactured is also provided in the question.

The cost of good sold can be calculated by finding the amount transferred from finished good account. Detail calculation is given below.

Finished good inventory begining       $ 1,000

Cost of good manufactured                  $ 5,000

Finished good inventory ending           ($ 1,200)

Cost of good sold                                   $ 4,800

5 0
3 years ago
Which of the following states (conditions) does not describe an advantage associated with mass-marketing?
ipn [44]

Answer:

b. The wants and needs of individual customers can be more directly targeted

Explanation:

Mass marketing by definition "is the advertising or promotion of a product, good or service to a wide variety of audiences with the expectation of appealing to as many as possible". If we analyze one by one the options we have this:

a. A large pool of potential customers exists.

Thats one of the alternatives in order to use mass marketing in order to indentify potential customers.

b. The wants and needs of individual customers can be more directly targeted.

This one is NOT a method or a way to apply the mass marketing since that's a technique to classify the info from subjects.

c. Scale economies, if achieved, can generate the ability to charge low prices while still remaining profitable.

Thats one alternative that can be applied if we use mass marketing

d. Firms can still differentiate their brands from the competition through creative promotions.

That's one alternative since we can see and create potential customers with this alternative.

e. Scale economies (economies of scale) can potentially be obtained.

For this case is one of the options in order to apply mass marketing since "Economies of scale are cost advantages reaped by companies when production becomes efficient".

8 0
3 years ago
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