The markup percentage tells you how much money a business makes off each sale. If Dani is selling products with a higher mark up, this means she makes more money off each dollar of sales. In this case, you would expect Dani's profit margins to increase due to the increased markup percentage.
The trial of John Scopes showed that people were beginning to get tired of oppression even if it meant that the oppression was legal. One could say that his trial was the beginning of shifts in social paradigms.
<h3>What was the scopes trial about?</h3>
The Scopes Trial, which is also referred to by historians as the Scopes Monkey Trial, was the prosecution of John Scopes, a science teacher in 1925, for teaching about evolution in a Tennessee public school.
John Scope was protected because a recent bill had such teaching or topics illegal.
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Answer:
Preemptive right
Explanation:
The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a <u>Preemptive right.</u> A preemptive right grants right to existing shareholders to buy some proportion of new shares at a price lower than market price
The study that tells about the production, usage and distribution of goods and services among the people of the nation is called the economy.
<h3>What is production?</h3>
Production is the process of making finished goods by converting them from its raw materials.
- Economy is referring to the study that describes the manufacturing, consumption and distribution of the goods and services among the citizens of the country. The field which studied about economy is called Economics.
- It could be inclusive of customers, business firms and the government. The customers are the ones who acquire the goods for satisfying his/her wants.
- The business houses are the entities that made the goods and then make it available in the market for sale to the customers. The government is the authority who regulate the equal distribution of goods to each and every people of the country.
Therefore, the economy is briefly explained above.
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Answer:
This illustrates the principle that;
c.people face trade-offs.
Explanation:
Commercial transaction especially in business involve various situations that can mirror underlying economic principals, An example of the many economic principals is trade-off. This principal is explained in detail below;
1. Trade-off
A trade-off is a compromise between two desirable products that are incompatible. A trade-off usually involves the foregoing of one choice for the other, it usually involves the sacrifice of one of two products which have the same qualities but one only limited to picking one choice. A trade-off usually happens in business dealings. An example is a situation where one needs to purchase two items that have the same cost and the amount of money the buyer wants to buy can only be enough for one of the products. In this case, the buyer will have to sacrifice one product for the other based on the prevailing financial status limiting him/her from purchasing both of them.
Lawrence's case is a classic trade-off scenario since he is torn between buying a flash for his camera or a new tripod. He needs both of them with equal measure but he can only afford one at a time. This means that he will have to choose one over the other, a principle known as a trade-off.
