Answer: True
According to the law of demand, the demand for a good increases when its price falls. Thus, when a fruit or vegetable is in season, it is relatively less expensive than in off seasons. Thus, consumers buy more of these seasonal fruits in season. Thus, demand for the good increases when it becomes cheaper.
Thus, the statement is true.
A country's economy will go on a decline if there is a hyperinflation in the petrol prices.
<h3>What is hyperinflation?</h3>
Extreme increase in prices in a very short span of time is regarded as the condition of hyperinflation. If there is hyperinflation in the petrol prices, its demand will be lowered and people will look for substitutes.
Thus, increase or hyperinflation in the petrol prices will lead to declining of a country's economy and will not serve as a wise decision.
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Answer:
Answer for the question:
Within the food service industry (restaurants that serve meals to customers, but not just fast food), find examples of firms that have sustained competitive advantage by competing on the basis of (1) cost leadership, (2) response, and (3) differentiation. Cite one example in each category; provide a sentence or two in support of each choice. (Hint: A "99cents menu" is very easily copied and is not a good source of sustained advantage.)
is given in the attachment.
Explanation:
Liquidation or the most frequent type of bankruptcy for individuals is straight bankruptcy. Your assets—anything you own with monetary value—are liquidated (sold) under the supervision of a court-appointed trustee in order to satisfy your debts.
<h3>How can bankruptcy be avoided?</h3>
preserving a positive cash flow, choosing a change in management, basing decisions on a business strategy, maintaining correct financial records, and maintaining excellent relations with creditors.
<h3>Which two primary categories of bankruptcy are there?</h3>
There are two distinct categories of bankruptcy cases out of these five types: 1) Straight/Liquidation, 2) Reorganization—the latter requires the designation of classes of claims and interests in the reorganization plan.
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The MIB was created in order to alert insurer home office underwriters of errors, omissions, or misrepresentations made on insurance applications.
<h3>What is medical coverage?</h3>
Medical and health-related expenses are covered by a type of insurance coverage called health insurance. Regular care, medical emergencies, and chronic illness management are all partially or fully covered by health insurance. In the US, health insurance is frequently offered by employers as a benefit package, while Medicare and Medicaid offer health insurance to the elderly and others with low incomes.
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