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satela [25.4K]
3 years ago
7

1. What is the Law of Demand?

Business
1 answer:
Ivanshal [37]3 years ago
3 0

ok ok poko kdwkdwExplanation:

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Como inicias tu carrera musical
Fynjy0 [20]
I don’t speak Spanish

4 0
2 years ago
Suppose the digby company begins to compete through good designs, high awareness and easy accessibility for their existing produ
Elodia [21]

The Digby team will select a Broad differentiation strategy for spreading its existence in every market segment.

<h3>What is Broad differentiation strategy?</h3>
  • A broad differentiation strategy consists of building a brand or business that is different in some way from its competition. It is applied to the industry and will appeal to a vast range of consumers.
  • Under this strategy, the Digby company will get a competitive advantage by differentiating their products with unique designs, product awareness, and easy availability. They have amazing research and development teams to keep their products exciting and the prices are quoted above average.

To learn more about Broad differentiation strategy, refer: brainly.com/question/28329756?referrer=searchResults

#SPJ4

6 0
1 year ago
Josh has decided to open a restaurant. he has determined that he will need to hire separate people to seat and serve​ customers,
lara [203]
<span>This is known as job specialization. Josh cannot do all of the work himself, so he hires others to perform specific tasks for him. He should hire people with specialized skillsets, so that they will be most suited to the jobs he needs them to perform, such as waiters for serving customers and chefs for preparing dishes.</span>
4 0
3 years ago
Dowd, Elgar, Frost, and Grant formed a general partnership. Their written partnership agreement provided that the profits would
goblinko [34]

Answer:

The answer is: Edgar will receive $37,000

Explanation:

  • Dowd's share of the company's losses is $80,000
  • Edgar's share of the company's losses is $60,000
  • Frost's share of the company's losses is $40,000
  • Grant's share of the company's losses is $20,000

But since Grant is not willing to give more money to the partnership to cover his losses, the $9,000 difference must be divided by the remaining three partners. So they will divide Grant's losses as follows:

  • Dowd's share of the Grant's losses is $3,600
  • Edgar's share of the Grant's losses is $2,700
  • Frost's share of the Grant's losses is $1,800

Then you add up all the losses the three remaining partners had:

  • Dowd' total losses $83,600
  • Edgar's total losses $62,700
  • Frost's total losses $21,800

So when the partnership was dissolved, Edgar should have received $100,000 (capital) - $62,700 (total losses) = $37,200

I selected answer A since they probably rounded down Edgar's share to $37,000 (nearest possible choice).

6 0
3 years ago
Explain why the marginal rate of technical substitution is likely to diminish as more and more labor is substituted for capital.
Likurg_2 [28]

Answer: This is because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.

Explanation:

The marginal rate of technical substitution (MRTS) shows the amount by which the quantity of an input can be lowered when an extra unit of another input is​ utilized on order for the output to remain constant.

The marginal rate of technical substitution is likely to reduce as more capital is substituted for labor because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.

8 0
3 years ago
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