Answer:
E. By providing a variety of products in one location
Explanation:
Assortment refers to different varieties of products and services a business creates, subsequently made available for sale.
Assortment is includes the number of product lines of a business, the number of products in a particular business line and how related the product lines are to one another.
Intermediaries are the ones who operate between manufacturers and customers and all parties who are involved in the transfer of products from the place of manufacture to their ultimate delivery to the customers.
Intermediaries are basically wholesalers, retailers, agents, etc.
With assortment, the intermediaries provide different types of products i.e assorted products, making them available at one single place, removing the barrier of place, thereby creating efficiency for both manufacturers and customers.
Answer:
c) explains why the average total cost and marginal cost curves are U-shaped in the short run.
Explanation:
According to the law of diminishing returns, when one input variable is increased, the result is seen in the increase in the output. At some point in the production, when an additional factor is added, the output increases but in smaller return. One factor remains fixed in the process of diminishing return. The variable factor is increased at any point of production which do not prove much productive.
A Joint Venture is a strategic alliance in which two existing companies collaborate to form a third, independent company.
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000
To calculate Boone's unemployment rate you'll use the formula:
Unemployment rate = number of people unemployed / labor force
Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.
The labor force is made up of everyone willing and able to work.
First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)
Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000
Finally, we are able to calculate the unemployment rate of Boone.
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
Three key elements of a bond are financial instruments that outline the future payments a company promises to make in exchange for receiving a sum of money now.
A secured bond is a bond that is pledged against a specified asset. An example of a secured bond is a mortgage bond with a lien on real estate. Bonds that do not have specific collateral and instead rely on the general financial condition of the company are known as unsecured or corporate bonds.
A lease is a contractual arrangement under which one party, called the lessor makes an asset available for use by another party called the lessee based on periodic payments over an agreed period of time. A lessee pays a lessor to use an asset or property. Premium bonds are bonds that trade above par. It costs more than the face value of the bond. A bond may trade at a premium because its interest rate is higher than the market's current interest rate.
Learn more about Financial instruments here:-brainly.com/question/21662535
#SPJ4
