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Strike441 [17]
2 years ago
12

Kerry owns a fast food business that he operates for a profit. While working in the business one afternoon, an individual entere

d and identified himself as an inspector and asked permission to inspect the premises to ensure that they were in good, clean, and sanitary conditions. Kerry permitted him to inspect. The individual was not from any government agency. What is the most likely explanation for Kerry’s actions?
Business
1 answer:
horrorfan [7]2 years ago
8 0

Options:

A. Kerry has hired a private inspector to ensure that the business is in compliance with government regulations.

B. The business is being sold and the buyer has sent an inspector to ensure the business is operated properly.

C. This is a franchise and the franchisor has sent its inspector to ensure the business is operated according to the franchise license.

D. The inspector is the father of an employee who is a minor and he wants to ensure that child labor laws will not be violated.

Answer: C.) This is a franchise and the franchisor has sent its inspector to ensure the business is operated according to the franchise license

Explanation:

The fast food business being operated by Kerry could be interpreted as a franchise, whereby a franchisor which could be an individual or company has granted Kerry who is a third party owner the license or right to use the franchisor's trademarks and right to run her business. These franchisor must have sent an inspector to Kerry's fast food to inspect in other to ascertain that the franchise is being operated in accordance to the terms in the franchise license.

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Summarize how compound interest helps you to accumulate savings even faster.
yulyashka [42]

Answer:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows.

Explanation:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows. The interest you earn on the amount you save also earns interest and this snowballing effect makes you accumulate your savings even faster. For example, if you deposit $100 in a savings account that pays 5% interest per year. At the end of the year, you account will have (5%*100= 5) plus the $100 you deposited, coming to a total of $105. At the end of the second year, your $5 interest earned in year 1 will earn another 5% interest and so will the $100 you initially deposited.

4 0
2 years ago
A buyer of a 2003 Protege S Hatchback has a choice of 0% financing for 60 months or a $3,600 rebate. He plans to make no down pa
alekssr [168]

Answer: Option A which is the Dealership 0% financing option will be preferable if the Price of the car is less than the different of Loan monthly Payments minus Rebates.

Explanation:

OPTION 1

A buyer pays 60 monthly instalments and the interest rate is 0%. This tells us that there is no interest the value of the debt (Which is the price of 2003 Protege S hatchback) will not increase over the period of 60%, with this option time value of money is not considered.

Option 2

The buyer receives a Rebate of $3600 if the car is paid for in cash. The buyer qualifies for a loan at an effective rate of 7% per annum. The amount of a loan will be the Price of a 2003 Protege S Hatchback. Assuming the Loan will also ave a period of 60 months, The Total amount Payable over the period of 60 months equals Loan Monthly  payments multiplied by 60 months. The buyer receives a rebate of $3600, therefore The Net Amount Payable for Option 2 financing is found by multiplying Loan monthly payments by 60 months then subtract the Cash Rebate received of $3600

Let us now compare the two options to find out how Large must the Car be for option A to be preferable.

Y = The Price of a 2003 Protege Hatch Back, Which also equals the amount of debt over a period of 60 years (option A has no interest)

Monthly Payments of a loan = P

number of Periods = 60 months

Debt in 60 months  versus Loan payments multiplied by 60 months - rebate

Therefore Y ∠ P x 60 months - $3600

Option A which is the Dealership 0% financing option will be preferable if the Price of the car is less than the different of Loan monthly Payments minus Rebates.

8 0
2 years ago
1) A firm sells 1,000 units per week. Suppose the average variable cost is $40, and the average cost is $95.
ElenaW [278]

Answer:

q , 2. m,n (9,9)

Yes it will.produced

5 0
2 years ago
Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is​ $1 per​ can,
FinnZ [79.3K]

Answer:

Option (B) is correct.

Explanation:

The utility maximization point for a consumer is as follows:

\frac{MU_x}{P_x}=\frac{MU_y}{P_y}

It is given that,

price of Pepsi(x) =​ $1 per can

price of a hamburger(y) =​ $2

Marginal utility from Pepsi =​ 4

Marginal utility from hamburgers = 6

Hence,

\frac{4}{1}>\frac{6}{2}

4 > 3

Therefore, it can be seen that the consumer's utility is not maximized at this point.

Law of diminishing marginal utility states that as the consumer consumes more and more quantity of goods then as a result the utility obtained from the consumption goes on diminishing.

So, there is a need to increase the quantity of Pepsi consumed and reducing the quantity of hamburgers consumed.

6 0
2 years ago
Dorrance, the coach of the UNC women’s soccer team, has an eye for recruiting outstanding talent. In business language, this is
My name is Ann [436]

Answer: Selective hiring

Explanation: In the selective hiring process the managers of an organisation sets a criteria for the job available. While recruiting the managers sticks to the criteria strictly and only those employees are hired who fits that particular criteria.

In the given case, Dorrance wants to recruit someone with excellent skills in soccer, thus we can conclude that she is doing selective hiring.

5 0
2 years ago
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