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larisa [96]
3 years ago
7

Read the scenario below and then answer the question. Sample scenario: Scientists have created a new grass seed that stops grass

growth at a specific length, eliminating the need to mow the lawn. The price of this seed is high, but many consumers still want to use it. As a result, several different producers supply a large amount of this seed to consumers. In order to attract consumers to their product, some producers lower their prices and supply fewer bags of seeds. What is the best description of the grass seed that is described in this scenario
Business
2 answers:
Mazyrski [523]3 years ago
8 0

Answer:

It's a good with an elastic supply

Explanation:

edge 2021

Ray Of Light [21]3 years ago
7 0

Answer: a good with an elastic supply

Explanation:

Price elasticity of supply simply refers to how the changes in market price of a good bring about a responsiveness to the supply of such good.

Based on the information given, the best description of the grass seed that is described in this scenario is that it's a good that has an elastic supply. This is because the price of the good in thus case, is sensitive to the changes in the price.

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LenKa [72]
Is that the question or what i need info.XD
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3 years ago
David ungar holds a dunkin' donuts franchise. The terms of his franchise agreement require him to use only those ingredients fur
Andrej [43]

In a franchise, the franchisor allows the franchisee to  trade under its name and see its products for a fee  The franchisee pays an original fee to franchisor and a percentage of its profit for the privilege.So,since, Dunkin' Doughnuts is sharing its' brand name and image with David Ungar(his franchisee) it would definately want to improve it...at the least maintain it...David too is right on the other hand as there can be a possibility that he wants to use ingredients of a much higher quality than that provided.But dunkin' doughnuts can't still allow to do that as it has other franchisees to look after.Imagine that=>all the franchisees of dunkin' doughnuts use different ingredients with different quality..wouldn't this affects the image of the franchisor...also all the food items they sell will have a different taste depending on the ingredients.And if one of the franchisee buys cheap ingredients... thereby producing low quality out put ..the customers will not be satisfied...this will not only affect that franchisee but also the Brand image of the whole business worldwide.

To conclude,David may not be wrong with his idea but since dunkin' doughnuts is a big business with a good brand image...it has its' terms and requirements.

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3 years ago
FIRST TO ANSWER GETS BRAINLIST
PilotLPTM [1.2K]

Answer:

The Securities and Exchange Commission is a federal agency that regulates securities markets in the United States. The SEC is responsible for enforcing securities laws, regulating the securities markets and related entities and working to ensure investors are treated fairly.

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The meaning of deductions
melomori [17]
In general? Deductions is to take away. So tax deductions would mean it can be taken away from the amount.
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3 years ago
Read 2 more answers
Assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals are called
Phantasy [73]

Answer:

Investment assets.

Explanation:

Investment assets are assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals. Investment assets are assets acquired by an individual or corporation for the main purpose of leaving it for i.e.over a long period of time for it for appreciate in value. This process of accumulation of wealth satisfies the investor financial goals hence, the name Investment assets.

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