True, Because you can always bring your own lunch to School/Work that would most likely be less expensive.<span />
<u />Unity of command is a principle wherein no subordinate in an organization reports to more than one boss.
Each department in a company has only one boss. Every boss of the department reports to one higher authority, and so on.
This is to avoid confusion among subordinates and to ensure that the authority of the boss is not diminish by the authority of another boss.
The correct option is C. The price of a product is set where both buyers and sellers are satisfied that phrase describes the market equilibrium.
<h3>
What is the difference between market price and equilibrium price?</h3>
Demand and supply are interdependent, and this relationship determines market pricing. Demand and supply forces are balanced at an equilibrium price. Prices have a propensity to return to this equilibrium unless certain demand or supply characteristics alter.
The price at which the quantity of supply and demand is balanced is known as the equilibrium price. The point where the demand and supply curves cross is what determines it. There is a surplus when there is more supply of an item or service than there is demand for it at the going rate; this forces the price down.
Thus, C is the right answer. The market equilibrium is defined as the price of a good being determined at which both buyers and sellers are content.
Learn more about Equilibrium here:
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Answer:
Marketing collaboration with a Business Competitor
I once participated in a marketing collaboration with a business competitor, with a focus on increasing the market share of my organization.
To this end, we paid a courtesy visit to ALL key existing and potential clients in the industry, with a focus on positioning our organization for current and future business.
Explanation:
I once participated in a marketing collaboration with a business competitor, with a focus on increasing the market share of my organization.
To this end, we paid a courtesy visit to ALL key existing and potential clients in the industry, with a focus on positioning our organization for current and future business.
Answer:
$2,500 Increase
Explanation:
Lil Beasty Company
Variable cost per unit ($17 + $1.50) $18.50
Income per unit ($19 – $18.50) $0.50
The total increase in net income ($.50 X 5,000 units) $2,500
Therefore we have increase $2,500 meaning If the offer is accepted with unused capacity, net income will increase by $2,500. The variable cost per unit will be $18.50 ($17 + $1.50); the income per unit is $.50 ($19 – $18.50); and the total increase in net income will be $2,500 ($.50 X 5,000 units)