BUSINESS HIGH SCHOOL

If a seller notices he or she is not selling much of a particular product, he or she is most likely going topull the item off of the shelf.

reduce the price of the item.

increase the price of the item.

place more of the item on the shelf.

Answers

Answer 1
Answer: He is going to reduce the price of the item because it may because of the price and the demand rate that the item isnt selling.

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refer to the accompanying graph. which of the following scenarios would explain this change in equilibrium?
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Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of chips, and one comic book. In year one, the basket costs $8.00. In year two, the price of the same basket is $7.00. From year one to year two, there is (blank) at an annual rate of (blank) (how do i calculate the rate?)In year one, $40.00 will buy (blank) baskets, and in year two, $40.00 will buy(blank)

Answers

well the price of the basket decreased. so i would assume it should be deflation or discount for the first blank at a rate of 12.5% you get this by

(8)/(1) = (100)/(?)
"1" is the amount of dollars the basket decreased by
**cross multiply the 1 dollar by the 100%
** divide by 8 and you get 12.5%

then the last too blanks are easy ust divid each price into 40

40/8 = 5 baskets
40/7 = 5.71 baskets

Samantha has been asked to join a task force that is charged with boosting organizational productivity. First, she was asked to jot down ideas on how to increase productivity, and after that, the group met to discuss everyone’s ideas and come up with solutions together based on those suggestions. Samantha’s taskforce best exemplifies which creative problem solving method?A) Traditional brainstormingB) Electronic brainstorming

C) Nominal group technique

D) Groupthink

Answers

Answer: Nominal group technique

Explanation:

Nominal group technique (NGT) can be defined as a structured method for a group brainstorming which encourages contributions from everyone and enhances quick agreement on the importance of issues, or solutions.

In nominal group technique, team members begin by writing down ideas, and then select the idea they feel is best. The nominal group technique identifies problems, and generates specific solutions that are needed for decision making.

13. A relationship cane damaged by trust — honest expectations people spending time with one another

Answers

The answer is D spending time with someone else

Examples of elastic and inelastic goods... ( at least 20 examples) URGENT..............

Answers

non-elastic:
paper,pencil,electronic gadgets,pen,bottles,lunch box,wood,spectacles,glass.
elastic:
balloon, rubber band,iron,aluminium,..most metals with large conductivity.(on the basis of elasticity).

Explain the following statement: Although the balance sheet can be thought of as a snapshot of a firm’s financial position at a point in time, the income statement reports on operations over a period of time.

Answers

Answer:

The balance sheet shows the financial position on a specific date. It provides a snapshot of the asset, liabilities and equity position of the company.

whereas in case of income statement it shows the revenues and expenditure incurred during a period of time.

Explanation:

Marcy owns a trucking company that hauls goods all over the country. Wilson contracts with Marcy's company to transport ten tractor-trailer loads of goods from Ohio to Texas. After delivery of the goods, Marcy learns that all the goods were stolen. The contract:_______.a. is unenforceable, because the goods were stolen and Marcy's company cannot collect its fee.
b. is enforceable, because Marcy's company was justifiably ignorant of the fact that the goods were stolen.
c. is unenforceable unless Marcy's company can return the goods.
d. is unenforceable, and Marcy's company is now liable for the stolen goods.

Answers

Answer:

b. is enforceable, because Marcy's company was justifiably ignorant of the fact that the goods were stolen.

Explanation:

Marcy owns a trucking company that hauls goods all over the country. Wilson contracts with Marcy's company to transport ten tractor-trailer loads of goods from Ohio to Texas. After delivery of the goods, Marcy learns that all the goods were stolen. The contract: is enforceable, because Marcy's company was justifiably ignorant of the fact that the goods were stolen..

The contract that existed between Wilson and Marcy was that of delivery of Goods and that has been done by Marcy, hence Marcy is not liable under the contract agreement because he has fully discharged his responsibilities under the contract.

A party can only sue if he is involved in a contract and the other party fails to live up to their end of the contract.

If the goods were stolen in transit Wilson would have had the option of suing for breach of contract.  
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