Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Advances in information processing and communication are two ways and Transportation has made the globalization of markets a reality.
<u>Explanation:</u>
The technological change in the world has resulted in Globalization. Globalization made the world shrink based on the three factors.
Information processing advancement, communication, and transportation. Actually, information processing technologies these days are too faster. That, in turn, resulted in instantaneous and enhanced communication.
Also, transportation plays another major role in Globalization which is achieved by air and sea transportation. The improved sea and air transportation have accelerated the flow of goods and people throughout the world.
These factors connected the world in every term such as culture, economy, trading, employment, etc.
Answer:
Loss leader strategy
Explanation:
A loss leader is a strategy in which an item or administration that is offered at a value that is not beneficial, yet it is offered to pull in new clients or to offer extra items and administrations to those clients. Loss leading is a typical practice when a business first enters a market. Basically, a loss leader informs new clients with an assistance or item in the desire for building a client base and verifying future repeating income.
Answer:
National Franchise Mediation program ( D )
Explanation:
The National Franchise Mediation program is charged with the responsibility of resolving disagreements/issues arising in the Franchise system of business between the Franchisor ( owner of the business name ) and the Franchisee ( buyer of the business name ) outside the court of law.
The National Franchise mediation program will arbitrate the dispute between Mario Dean and Wendy by listening to the various complaints that would be reported by both Wendy and Mario Dean before giving out a fair , just and impartial ruling on the dispute brought before it. the National Franchise Mediation program is a very vital program for the survival of the Franchise system of business.
Answer:
Marginal cost will equal average total cost when marginal cost is at its lowest point.
Explanation:
The marginal cost curve always intersects the average total cost curve at its lowest point because the marginal cost of making the next unit of output will always affect the average total cost. As a result, so long as marginal cost is less than average total cost, average total cost will fall.
When marginal cost is below average total cost, average total cost will be falling, and when marginal cost is above average total cost, average total cost will be rising. A further m is most productively efficient at the lowest average total cost, which is also where average total cost (ATC) = marginal cost (MC).
