true or false: when determining the industry to enter, each potential franchisee should examine that industry, the potential competitors in the industry, and their position relative to other new franchisees that are entering the industry.

Answer:

Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.

Explanation:

The law of comparative advantage is popularly attributed to English political economist David Ricardo and his book “On the Principles of Political Economy and Taxation” written in 1817, although it is likely that Ricardo's mentor, James Mill, originated the analysis.

For a business like Joanne's bakery, specialization in the process of baking and cooking will attract more customers, and thus will also lead to a comparative advantage.

Comparative advantage can be referred to or considered as a situation wherein a business operating in a market holds an advantageous position in the economy while selling similar products, but with a different technique in operations and functioning.

Specialization is an important determinant in leading to a comparative advantage, mainly because a producer who brings different techniques for the production of goods and services gets a competitive edge over other bakers in the market.

Therefore, the significance regarding comparative advantage has been aforementioned.

Learn more about comparative advantage here:

https://brainly.com/question/13221821

#SPJ2

Answer:

Hehehe LOL I don't know! Is that like a question is is that just a question that you were windering? LOL

The increase in golf green fees during the Ryder Cup in Rochester, New York, can be explained by the principles of supply and demand.

When the Ryder Cup took place in Rochester, it attracted thousands of spectators who were eager to watch the top European and American golfers compete. This sudden influx of visitors created a surge in demand for golfing opportunities in the city. As a result, the otherwise private courses in the vicinity made the decision to open their doors to the public, allowing more people to play golf during the event.

With an increased demand for golfing opportunities, the supply of available tee times and course access became limited. Private courses that typically catered to a smaller, exclusive clientele suddenly faced a higher demand than they could accommodate.

In response to this scarcity, the courses adjusted their pricing by more than doubling the green fees for the duration of the Ryder Cup. This increase in price aimed to strike a balance between meeting the heightened demand and ensuring profitability for the courses.

Learn more about Golf

brainly.com/question/29291621

#SPJ11

The best arguments is that Profit is maximized when marginal revenue equals marginal cost.

Marginal revenue serves as the increase in revenue which is due to from the sale of one additional unit of output.

The marginal cost of production on the other hand is change in total production cost .

Therefore, the best argument is that Profit is maximized when marginal revenue equals marginal cost.

Learn more about marginal cist and revenue at,:

https://brainly.com/question/12231343

Answer:

Which of these arguments did you include in your response? Check all that apply.

Profit is maximized when marginal revenue equals marginal cost. <<<CORRECT

Profit is maximized when five or six bikes are made each day.

Profit declines when more than six bikes are produced each day.

Explanation:

Edge 2022

Value-based pricing is a pricing technique that evaluates the value a product offers to its customers and sets prices accordingly.

The basic premise of value-based pricing is that customers will pay more for a product that provides them with greater value. Value-based pricing is a pricing strategy that is very effective in developing pricing and product marketing plans.

In value-based pricing, the marketer would not design a product and marketing program before setting the price.

The price is set based on the value that the product provides to the customers.

Therefore, by understanding the customer's perceptions and expectations, a marketer can design a product that provides the customer with the most value.

The value-based pricing model encourages a company to concentrate on creating products that offer customers a greater value than their competitors.

Consequently, this pricing model encourages the company to create unique products that can differentiate them from their competitors.

In conclusion, value-based pricing is an effective pricing strategy that allows marketers to design products and marketing programs based on the customer's perception of value.

In other words, marketers should set prices based on the value that the product offers to the customer.

By using value-based pricing, marketers can create unique products and marketing programs that set them apart from their competitors.

To know more about technique visit:

https://brainly.com/question/31609703

#SPJ11

Answer:

A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment ("for a living"). Many people have multiple jobs (e.g., parent, homemaker, and employee). A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent. The duration of a job may range from temporary (e.g., hourly odd jobs) to a lifetime (e.g., judges).

Basic level occupation can help our society in many ways. One of them is agricultural. A further explanation is provided below.

There are many jobs that a person can do like employee, homemaker, etc. A person can start his career with such jobs.

Learn more about basic level occupation here:

https://brainly.com/question/18911258

Answer:

Asset.

Explanation:

An asset is a useful or valuable thing or person.

Informational reports used to offer data, facts, and feedback, without analysis or recommendations.

Informational reports are a type of business report that provide data and facts to the reader, but do not include any analysis or recommendations.

These reports are typically used to present information in a clear and concise manner, allowing the reader to make their own decisions based on the information presented. Informational reports may include financial statements, sales reports, or even project updates.

They are important because they allow businesses to communicate important information to stakeholders in a straightforward and transparent way.

While they may not provide any insights or recommendations, they can still be valuable tools for decision-making by presenting accurate and relevant information to those who need it.

Learn more about informational report at

https://brainly.com/question/15684754

#SPJ11

1. Introduction- Provide an overview of the Pacific island region'sreputation for having clean and healthy natural environments.

- Highlight the changing perception due to negative environmental impacts linked to economic activities and population growth.- Introduce the purpose of the essay and outline the structure of the research.

2. Identification and Description of the Environmental Issue

- Choose a specific environmental issue/problem in a Pacific island country.- Describe the issue in detail, providing relevant background information and statistics.

- Discuss the significance of the issue and its impact on the natural environment.

3. Causes and Effects of the Problem- Identify and analyze the main causes of the environmental problem.

- Explore the direct and indirect effects of the problem on the country's natural environment.- Use scientific evidence and research to support your claims.

4. Government and NGO Responses

- Examine how the country's government and/or non-governmental organizations have responded to the environmental problem.- Discuss specific policies, initiatives, or programs that have been implemented.

- Evaluate the effectiveness of these responses and their impact on mitigating the problem.

5. Possible Solutions from Other Countries/Parts of the World- Present two possible solutions to the environmental problem that have proven successful in other countries or regions.

- Explain how these solutions have addressed similar issues and their potential applicability to the chosen Pacific island country.- Support your discussion with examples, case studies, and research findings.

6. Feasibility of the Solutions for the Chosen Country

- Analyze the potential challenges and limitations of implementing the identified solutions in the chosen Pacific island country.- Discuss factors such as cultural, economic, political, and geographical aspects that may impact the feasibility and effectiveness of the solutions.

- Offer a balanced perspective on the suitability of the solutions.

7. Conclusion- Summarize the main points discussed in the essay.

- Emphasize the importance of addressing the environmental problem in the chosen Pacific island country.- Provide a brief overview of the potential role and approach you would take if given the mandate by the government to tackle the problem.

8. Bibliography

- Include a list of all the sources you have cited in APA style 6th or 7th edition.- Ensure that you have used credible primary sources such as peer-reviewed journals, books, and technical reports.

Remember to adhere to the essay format, including a title, body with subsections if necessary, and a conclusion. Use appropriate figures, tables, and graphs to support your arguments. Keep the essay within the specified word limit of 2000-2500 words.

Good luck with your research essay!

Learn more about evaluate here:

https://brainly.com/question/20067491

#SPJ11

The return rate for brick-and-mortar stores that one will receive is 3%. Hence, Option C is correct.

A return rate is something that an individual receives in exchange or returns for something else. One can receive this return in various cases, like when someone has lent money to someone for a particular period of time.

In other words, the return rate, or rate of return, is the amount received after making any type of investment. The amount that they will receive in addition to that particular amount is the amount that gets after the calculation of the percentage of the return rate, and that percentage is fixed.

Therefore, it is the return that one has to make after the completion of the time period for which the investment has been made. Option C is correct.

Learn more about the return rate here:

https://brainly.com/question/24232401

#SPJ2

Answer:

Hello your question is incomplete below is the missing part of your question

A 2-column table with 4 rows. Column 1 is labeled Student with entries Eleanor, Russel, Giada, Joe. Column 2 is labeled Hobbies with entries is already in B P A but is looking for a similar club to join as well; enjoys being treasurer for school band and drama club, and wants to join a club to help him learn more about these skills; builds remote-control cars and robots as a hobby; wants to be a stay-at-home dad and be involved in the homeowners association for his future.

Which describes which CTSO each student should join?

Answer :   option A).

Explanation:

It is necessary that each student should join a CTSO based on his/her interests which means that Eleanor should join NYFEA (National Young Farmer Educational Association) , Russell should join FEA(Future Educators Association) , Giada should join TSA(Transportation Security Administration) while Joe should join HOSA(Health Occupations Students of America) secondly this various CTSO's will help the students develop better in their various areas of study and skills.

Answer:

A) Encountering inappropriate content.

C) Getting a computer virus.

D) Having your identity stolen.

The safety risks associated with using the Internet are encountering inappropriate content, getting a computer virus, and having your identity stolen.

With its limitless access to information, the Internet is both a useful tool and a potential threat to safety and security. It's crucial to keep an eye on what a youngster sees, hears, shares, or could be exposed to.

Privacy settings can restrict who can view your child's personal information, such as their name, age, and residence. However, if your child adds someone as a "friend," that person will have access to your child's private information, including, in the case of some devices, their GPS position.

Therefore, the following statements are:

To know more about the safety risks, visit:

https://brainly.com/question/30092537

#SPJ2

Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.

Your inner discourse is known as self-talk.

Personalizing. You own all of the guilt for yourself.

Magnifying.

Catastrophizing.

Polarizing.

Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.

To Know more about monologue

https://brainly.com/question/28265367

#SPJ1

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

learn more about managers here

https://brainly.com/question/32150882

#SPJ11

This is because: Self-driving cars will be less expensive to build than current cars.

This term was coined by Joseph Schumpeter. The concept of creative destruction refers to the process of economic innovation, in which some products are replaced by others, or some firms die because they are driven out of the market by others, and so on.

When  a company produces a new good that makes the old ones already in the market obsolete, the company is said to be creatively destroying the old goods.

An classical example of creative destruction occurred when Steve Jobs introduced the Iphone in 2007.

Therefore, the emergence of self-driving cars is an example of ""creative destruction"" because self-driving cars will be less expensive to build than current cars

Learn more about creative destruction here : https://brainly.com/question/4303014

Answer:

1.91 years

Explanation:

The car manufacturer assumed that the owners of both cars would drive them on average 16,500 miles per year. So they made all their cost calculations based on that average annual mileage, and the final result was the crossover point of 31,449 miles. To determine the crossover point in years, all you need to do is divide 31,449 miles by 16,500 miles = 1.906 years ≈ 1.91 years

Answer:

The answer is D =All of the above

Answer:

DDDDDD

Explanation:

Answer: customer loyalty

Explanation:

Lily, a knowledgeable consumer, used concepts like utility, marginal utility, and budget constraints to maximize her satisfaction in purchasing decisions.

Once upon a time, in the land of Econville, there lived a young girl named Lily. Lily was known for her excellent decision-making skills and her ability to maximize her own satisfaction or utility. She had a deep understanding of the concepts taught in the chapter and used them to her advantage.

Lily's day started with a trip to the local market. She had a limited budget and had to make choices about how to allocate her income among different goods and services. Lily understood that her income would determine the amount she could spend, and she aimed to maximize her utility given this constraint.

As she strolled through the market, Lily noticed a variety of goods. She knew that each good had a different level of utility for her, representing the satisfaction she derived from consuming it. Lily's goal was to choose a combination of goods that would maximize her overall utility.

She picked up a delicious-looking apple and took a bite. The first bite gave her a certain level of satisfaction, or total utility. However, Lily realized that as she continued eating, the marginal utility she derived from each additional bite would diminish. She remembered the law of diminishing marginal utility, which states that as a person consumes more of a good, the additional satisfaction derived from each unit diminishes.

Lily applied the utility-maximizing condition. She knew that to maximize her satisfaction, she should allocate her budget in such a way that the marginal utility per dollar spent on each good is equal. By doing this, she ensured that she gained the maximum possible satisfaction from her limited resources.

As she walked further, Lily encountered a sale on her favorite books. She noticed that the prices had decreased, which affected her purchasing decisions. Lily understood the substitution effect, which suggests that when the price of a good decreases, consumers tend to substitute it for other goods that have become relatively more expensive.

She also considered the income effect, which explains that changes in purchasing power due to price changes can affect consumers' demand for goods. If Lily's income remained the same and the price of a normal good decreased, she would have more purchasing power, leading to an increase in the quantity demanded.

Lily used her knowledge of indifference curves and budget lines  to map out her preferences and budget constraints. She aimed to choose a combination of goods that would place her on the highest possible indifference curve, representing the level of satisfaction she desired.

By the end of the day, Lily had successfully maximized her utility and made the most satisfying choices given her constraints. Her knowledge of economics and understanding of utility maximization allowed her to navigate the market with confidence and satisfaction.

And so, Lily became an inspiration for her classmates and a shining example of how applying economic concepts can lead to better decision-making and ultimately, greater personal satisfaction.

Learn more about marginal utility here:

https://brainly.com/question/30841513

#SPJ11

Knowing what you have spent your money on is simply of the following is the best reason to use cash for making purchases. The correct option is A.

When paying with cash, you have an easy way to keep track of and manage your purchases. When you keep track of your spending, you can make sure your money is being utilized wisely and you will know where it goes. You can learn why you're in debt and how you got there by keeping track of your spending. You can then use this information to create a debt relief plan that works for you.

Thus, the ideal selection is option A.

Learn more about Cash Purchases here:

https://brainly.com/question/28392657

#SPJ1

The most common designation in Accounting which is the backbone of the accounting field is Chartered./ Certified Accountant.

A Chartered Accountant is one who has passed the rigorous tests required to become fully certified in the accounting profession.

Due to their immense knowledge and training, they are the backbone of the accounting profession and are the most common type of accountants you will find.

Find out more on chartered accounting at https://brainly.com/question/24538077.

#SPJ1

Answer:

Prosperity.

Explanation:

This can be tagged to be an economic period or stage in fluctuation, contraction and other factors affect the growth of a business or a certain economy. Example can be seen when your business generally follows the same economic cycle as the others does in the economy, then warning signs of an impending recession suggest that it is not a good time for you to broaden or create new growth grounds. This cycle help a business organisation protect against downturns, and position themselves to gain maximum merits of economic expansions.

Mutual funds, annuities, life insurance plans, stocks, and bonds are examples of investment products that are not covered by FDIC deposit insurance because they are not considered to be deposits.

To learn more about   FDIC refer,

brainly.com/question/814199

#SPJ4

The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as

$4.3055

This is further explained below.

Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.

The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.

Interest rate APR = 12%

Average balance = ((200*5)+(350*15)+(150*10))/30

Average balance = $258.33

Average balance*APR/12

Finance charge =\(\frac{258.33*20 \%}{12 }\)

Finance charge = $4.3055

Read more about  APR interest rates

https://brainly.com/question/14270693

#SPJ1

The investment banker performs three basic functions Underwriting, Financial Advisory and Research and Analysis.

Underwriting: Investment bankers assist companies in raising capital by underwriting securities offerings. This involves assessing the financial prospects of the company and determining the appropriate pricing and structure for the securities. The investment banker may purchase the securities from the company and then sell them to investors or facilitate the sale of securities directly to investors.

Financial Advisory: Investment bankers provide financial advisory services to companies, assisting them in various strategic transactions. This can include mergers and acquisitions, corporate restructurings, and capital raising activities. Investment bankers analyze the financial implications of these transactions, provide valuation expertise, and help negotiate favorable terms for their clients.

Research and Analysis: Investment bankers conduct extensive research and analysis on various industries, companies, and market trends. They provide insights and recommendations to clients regarding investment opportunities, market conditions, and potential risks. This research helps clients make informed decisions about their investment strategies and capital allocation.

Overall, investment bankers play a crucial role in facilitating capital markets transactions, providing financial advice, and conducting in-depth analysis to support their clients' financial goals.

To know more about investment refer to-

https://brainly.com/question/15105766

#SPJ11

(a) As a result of suspending license of vaccine plant, the supply of flu vaccines will decrease. Thus, the supply curve will shift to the left (shift the blue curve to the left)

The price at which consumer and producer plans coincide, i.e., when quantity sought by consumers equals quantity provided by producers, is known as equilibrium pricing. Any market's equilibrium price is the one at which supply and demand are equal. When a product is in equilibrium amount, there is neither a shortage nor an overabundance of it on the market. When supply and demand are in balance, the quantity of a good that consumers want to purchase is equal to the quantity that its suppliers are supplying.

(b) Thus, the equilibrium price should increase and the equilibrium quantity should decrease.

To learn more about equilibrium price, visit:

https://brainly.com/question/28527601

#SPJ4

The complete question is attached below:

At the firm's current production level, the firm can increase the production of product B. The production of product B can be increased up to 51 by decreasing the volume for product A.

The production possibilities curve shows the various combination of the two products a firm produces.  

The production possibilities curve is concave to the origin. This shows opportunity cost involved in production. Due to the fact that the factors required in the production of a good are limited, as more quantities of one good is produced, less of the other good would be produced.  

Looking at the table, when the firm produces 51 units of product B, none of product A would be produced. When the frim reduces quantity of product B produced to 46, 20 units of product A would be produced (20).

To learn more about the production possibility curve, please check: https://brainly.com/question/13527380?referrer=searchResults

A company is a separated legal entity. This means that the answer is d. All of the responses.

A company being a separate legal entity means that it is distinct and independent from its shareholders, directors, and officers. This separation is a fundamental principle in corporate law, establishing that the company has its own legal identity and exists as a separate entity from the individuals involved in its operations.

Firstly, the company is separate from its shareholders. This means that the shareholders, who are the owners of the company, are not personally liable for the company's debts or legal obligations. In the event of financial difficulties or lawsuits, the shareholders' personal assets are generally protected, and their liability is limited to the extent of their investment in the company.

Secondly, the company is separate from its directors. The directors are appointed to manage the company's affairs and make important decisions on behalf of the company. However, their personal assets are generally shielded from the company's liabilities. The directors act as agents of the company and owe their fiduciary duty to the company itself, rather than to the shareholders or any other stakeholders.

Finally, the company is also separate from its officers. Officers are appointed to handle day-to-day operations and execute the directives of the directors. Similar to shareholders and directors, officers are not personally liable for the company's obligations and debts, as long as they are acting within the scope of their authority and in compliance with applicable laws.

Learn more about Separate legal entity

brainly.com/question/31957365

#SPJ11