Since there now is a second store, the customers will need to be shared. This means that there are less customers in Jeff's business. Therefore the answer is D: demand for his hotdogs will decrease.
Answer:
d. premium pricing.
Explanation:
Premium pricing is the strategy of pricing in which the product is highly priced in comparison to that of the other similar products available in the market. This is done in order to keep the belief in customers that the product is superior than those available in the market.
Some people those who think that expensive products are always nice, prefer these kind of products.
Here in the given instance also Sherry prefers this model and her ideology also matches with this technique.
<u>Answer:</u> Option A True
<u>Explanation:</u>
As an entrepreneur Frank has made the right decision of rewriting the vision statement for his antique shop. A business can succeed only when it has a strong vision statement. When there is a proper vision statement the entire business works for that purpose.
The vision statement made should be linked with the goals of employees. This will create a positive and inspiring place for the employees to work. Even the small antique shop can expand its business activities and attain growth through proper vision statement.
All consumers including banks, even retirees, are directly impacted by inflation in terms of their income, savings, and spending.
How Inflation affects retirees?
- When determining whether to boost the qualified retirement plan contribution limits or the monthly Social Security benefits, the federal government utilizes inflation as a baseline.
- Pensions, on the other hand, may or may not increase in value with inflation, and private businesses frequently have internal guidelines for how and when to make cost-of-living adjustments.
- The main worry for retirees is how inflation would influence their ability to spend their money on essentials like healthcare, travel, and recreation, all of which are expected to be more expensive during inflationary periods.
- To guard against rising prices, retirees can diversify their sources of income, manage their savings, and make prudent spending decisions.
How will inflation impact banks?
Central banks, including the Federal Reserve, may raise interest rates in an effort to reduce inflation if it is rising while the economy is expanding. Consumer borrowing may slow down as a result of higher interest rates as they take out fewer loans.
Learn more about Inflation with the help of the given link:
brainly.com/question/28190771
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Answer:
a. 208.57 units
b. 104.29 units
Explanation:
a. The computation of the economic order quantity is shown below:
= 208.57 units
b. And, the average inventory is
= Economic order quantity ÷ 2
= 208.57 units ÷ 2
= 104.29 units
We simply applied the above formulas for calculation of the economic order quantity and the average inventory and the same is shown above
