Answer:
The correct answer is the option C: the higher the price the higher the quantity that the sellers are willing to supply.
Explanation:
To begin with, to understand why the supply curve slopes upwards we need to understand that <u>there is a direct relationship</u> between the quantity that the suppliers are willing to sell and tha price of the product offered and therefore that when the price increases the amount that the suppliers will be willing to offer will increase due to that direct relationship and that is reason why the supply curve slopes upwards.
The correct answer is; Call the police for assistance.
Further Explanation:
If there is a guest at a bar or other establishment that serves alcohol and there is an intoxicated person who is attempting to leave by driving; the police should be called immediately.
If the person is allowed to leave while intoxicated they could cause an accident and be killed or kill someone else. If there is any way to get the keys from the driver, then that should be done quickly and safely. If the intoxicated person has a friend with them and they are sober, ask if they can drive the person home. The manager can also offer to call a taxi for the intoxicated driver.
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Answer:
1, 2, 3 & 4
Explanation:
All of the given options could be used as a basis to allocate the profit among partners. Allocation of salaries is also a basis for profit allocation. Salaries of partner is deducted from the net profit on the basis of predetermined ratio or amounts.
The numbers of years can also be a base for the profit allocation. The partner from the long time could have more share than a new partner but it depends on the agreement of all the partners.
The profit can also be based on the the amount of work work done or time spent by each partner. Some associations and firms use this method to allocate the profit.
The most common method of profit allocation is the capital invested in the business. partners are paid on the basis of what they invested in the business.
<span>keep it small, especially in the beginning
Small businesses die when you expand too quickly in the beginning</span>
Answer:
c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.
Explanation:
- Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
- In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
