Answer:
physical
Explanation:
Based on the information provided within the question it can be said that these are considered to be physical assets of TWT. This refers to physical products that are owned by the company and provide that company with value. Which both the pool and machines give value to TWT because they are worth a certain amount of money and each attract customers who come strictly to use these assets.
Starbucks doesn't franchise.
Explanation:
Starbucks doesn't franchise because they want to run their own stores and can control the quality and profits.
In addiction, franchising is a way for companies to expand fast with less money. Starbucks is relying on their name to continue its success and growth. According to Starbuck's investor report , "Seattle's best coffee brand does offer franchise opportunities to qualified and select applicants , using a predefined set of criteria and focusing on multi-unit franchisees with a proven track record of success."
Starbucks pursues join ventures. Starbucks can be found in several grocery stores and retail stores. Starbucks has the name tights but it is using the location of these venues to promote the product and introduce new customers in the Starbuck's pool.
Answer:
the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
