Answer:
The demand for pork would decrease and the equilibrium price of pork would decrease.
Explanation:
Substitute goods are goods that can be consumed in place of each other.
If the price of chicken falls, consumers would increase the quantity demanded of chicken and reduce their demand for pork. The fall in the demand for pork would lead to a leftward shift in the demand curve for pork. A leftward shift in the demand curve while the supply curve remains unchanged would lead to a fall in equilibrium price of pork.
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Answer:
The correct answer is D. is a government designation that a private firm is the only legal producer of a good or service.
Explanation:
The Franchise is a type of contract in which one company (the franchisor) grants to another (the franchisee) the right to market certain products or services within a given geographical area and under certain conditions, in exchange for financial compensation.
Therefore we have two main figures:
- The franchisor: provides marketing rights so that the franchisor can use its brand, the commercial name and the design of the franchisee's establishment. In most cases, these elements cannot be modified to maintain the same levels of quality and form of the franchisor. In addition, the know-how, business experience and technical and commercial assistance during the term of the agreement are also provided.
- The franchisee: the owner of the business and who makes the necessary investments for its implementation, in addition to paying a fee to the franchisor to use your brand. This fee is like a "right of entry" into the business, in addition periodic amounts may also be established in the contract according to the volume of sales and / or technical and commercial assistance. In addition, the franchisee exclusively has the franchise regime with respect to a specific geographical area and a type of products.
Answer:
related diversification
Explanation:
Since disney has generated the various merchandise that is connected to each other it could be range from clothing to electronics to household times
Here it would represent the related diversification as the products are diversified either introduce a new product or change in the old products
So this growth strategy would be considered in the given case