Answer:
New regulations can increase the cost of doing business because the business owner may have to modify the production of the goods and services.
Explanation:
The cost of doing this business will be seen to increase because as it is been done by everyone in the past years; its mode of operation has been directly sanctioned and as a result, new modalities are been adopted. This is seen in cases where the wastewater that are been produced can be channeled to different waste systems and also these high pressure water system management patterns will be seen to be adjusted too. Having said this, these new modalities can increase the cost of doing business because the business owner may have to modify the production of the goods and services.
Answer:
diminishing marginal rates of substitution.
Explanation:
Based on the information provided within the question it can be said that the principle that captures this is known as diminishing marginal rates of substitution. Like mentioned in the question this refers to the fact that a consumer chooses to replace a product instead of actually buying more. This decreases as you move down the indifference curve as shown below.
The students who will receive the vaccines if the University Health Center sells them for $20.00 are the students who will pay for them at that price.
<h3>Who will receive the vaccines?</h3>
The University Health Center has set a price of $20.00 for the vaccines which means that if a person wants a vaccine, they need to pay $20.
The people who will receive the vaccines therefore, are those students who are willing to pay for the vaccines at the price of $20.00.
Full question is:
University Health Center receives 500 flu vaccinations at the beginning of each flu season. Suppose they offer these vaccines for $20.00 each. Assume that college students have varying budgets, some have some money to spare, some are on a very tight budget. Some students have pre‑existing conditions, such as asthma and diabetes, that place them at high risk for the flu.
Who will receive the vaccines if the University Health Center sells them for this price?
- the students who will pay for them at that price
- the students who most need them the students with asthma and diabetes
- the students who most want them
Find out more on market pricing at brainly.com/question/12960067.
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In the context of business management, the purpose of budgeting includes the following three aspects:
•A forecast of income and expenditure (and thereby profitability)
•A tool for decision making
•A means to monitor business performance
