Answer:
D. Its demand curve will shift to the right
Explanation:
If two airlines are competing for the same market, and airline A raises its price, the airline B will benefit because now it will be cheaper compared to the other one.
This means that more people will be willing to purchase tickets from airline B at any given price (in this case, the same price as before), shifting the demand curve of airline B to the right.
Answer:
B. Raw Materials
Explanation:
Raw materials are the basic components of manufacturing and production process in a goods manufacturing entity. Raw Materials are used in the production of a finished products (such as Crude
Oil is a raw material for Petrol, Milk is a raw material for Yogurt, Yarn is a raw material for Garment whereas Petrol, Yogurt and Garment are the finished products).
Keeping in view the above discussion, the leather purchased by the Tamara, to be used on some of the furniture to be manufactured by the Everything New, shall be classified as Raw Materials.
Answer is B. Raw Materials
Answer:
Market value
Explanation:
The market value of a product is the price at which a buyer is willing to purchase a good irrespective of prevalent price of a commodity. It is that amount a buyer and seller are willing to strike a deal for given normal market conditions.
In this scenario John originally bought his five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000.
Despite the house now being $350,000, $365,000 is the market price at which the buyer and seller are willing to settle.
Answer:
The correct answer is letter "A": acculturative stress.
Explanation:
Acculturative stress refers to an emotional state in which individuals find it difficult to adapt to a new culture. The term is typically used while speaking about traumatic situation immigrants face such as illegal citizenship status, the fact of not speaking the language of the new culture or discrimination but it can also imply individuals simply not being comfortable in their new cultural environments.