Answer:
The most influential in making the crucial decision is:
the consumer demand
Explanation:
Before the School Band members finalize on their decision about selling energy drinks and organizing a car wash, they will need to assess the demand for their product or service. This is critical because without effective demand, supply would be met with negative reactions which will not produce good results, no matter the decision taken.
Answer:
<u>the supply curve</u>
Explanation:
Remember the supply curve shows the relationship between the amount of a commodity that a producer (or orange farmer) is <em>willing </em>to offer and at a particular price at any given time.
Because of the subsidies to orange farmers we expect the price of orange to become lesser in the future. Therefore the rightward shift occurs in supply curve for oranges due to favorable changes such as the new legislation which may lead to:
- Reduction in tax,
- Reduction in cost of factor of production,
- Expectation of fall in price in future,
Answer:
3 then 1
Explanation:
Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.
Answer:
The correct answer is Stay on topic with relevant examples of actions and results.
Explanation:
If you are in the hard work of looking for a job, you have to know that recruiters will ask you a series of questions in a job interview. With them, they will seek to cover the basic aspects of your professional profile, this before having a more detailed conversation. Recruiters often have a battery of questions they ask to have a first approach, if you answer correctly, fluently, attractively, seriously and with clear examples, they will probably take you to the next stage of the process. These are the nine questions in a job interview that you must master, as well as an answer guide for you to be as well prepared as possible and succeed.
Answer:
C. If consumers are informed about products, prices, and costs across countries
D. If consumers are particularly important to the seller
YES. As having a complete information will allow for arbitrage between areas and if they are a big fish of the seller business the seller will be less likely to roll-over the consumer in negociation.
Explanation:
A. If switching to competing brands or substitutes is expensive
NO. If switching is expenses then, the exit-barrier is higer thus, less bargaining power as we are less likely to leave
E. If consumer demand is rising
NO. Is demand rises then the supplier will have bargain power as it has where to sale the product if we leave