Assume you are a manager in one of the branches of the 7-Eleven company and a local bakery is offering to sell some kinds of bread in your branch. The bakery is claiming more than 70% of people living

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Answer 1
Answer:

Answer:

As a manager you have to decide whether to accept the bakery's offer. To make the right decision, you need to verify the bakery's claims. You can do this by conducting a survey of your customers or by collecting data from other sources, such as the bakery's sales data.

If you find that the bakery's claims are accurate, you may want to consider accepting their offer. This could be a good way to increase the product options available to your customers and to increase your store's sales. However, if you find that the bakery's claims are inaccurate, you may want to decline their offer.


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Which of the following statements about credit scores is TRUE?Credit scores reflect how likely individuals are to repay their debts. Credit scores range from the low 300’s to the mid 800’s. Each person has three credit scores. All of the above.

Economists use price indices to remove _______ from price measurements.a. costs
c. inflation
b. collateral
d. stagnation

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The answer is C. Inflation

Price indices are a normalized average of price relatives for a given types of products ( either goods or services) in a specific region, during specific interval of time

It's provided a statistic that is designed to compare the prices while separating the inflation as a factor

Leona enters into a contract with munchies bakery to cater a sales conference. when the conference is postponed indefinitely, leona asks a court to cancel the contract and return the parties to the positions that they held before its formation. this request involvesa. an action that the court cannot order.
b. specific performance.
c. an injunction.
d. rescission.

Answers

I guess the best option is letter D.

Leona enters into a contract with Munchies Bakery to cater a sales conference. When the conference is postponed indefinitely, Leona asks a court to cancel the contract and return the parties to the positions that they held before its formation. This request involves rescission.

Which of these describes the fundamental conflict of economics? a. the need for government control and the desire for an unregulated market b. the management of limited resources to satisfy unlimited wants c. the competition of different sellers in the marketplace d. the balance of supply and demand Please select the best answer from the choices provided A B C D

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Answer:

b. the management of limited resources to satisfy unlimited wants.

Explanation:

If the resources were unlimited, or the wants were limited,  it would be quite possible to satisfy every single need and want in an almost automatic way - there would be no need for economy as such. Unfortunately, that is not the case, so we need to find ways to assign all our limited resources. That's where the government, the markets, the economic agents and the supply and demand step in.

It is in the market where we are able to trade our goods for other goods (e.g.: we trade our money for apples) - we have something, we need another thing, so we trade what we do have for what we don't have.

You cannot ask for a very high price in exchange for your good, because no one would want to buy it from you - they'd rather go see if the competition has a better deal for them.

On the other hand, what if all the sellers agree to sell their goods at a fixed price, or what if somehow one of them becomes the sole owner of the good? The consumer wouldn't have much of a choice, then, so the market would stop being efficient - supply and demand might not be adequately balanced around their equilibrium price. That's were the government and the market regulations come into the picture.

So, as you can see, the fundamental conflict of economics is that there are not enough resources to satisfy all our unlimited wants.

Answer:

The answer is B: the management of limited resources to satisfy unlimited wants

Explanation:

The money and merchandise you owe to creditors are your ________.

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The answer is...
Liabilities  

Explain the role of an entrepreneur in the economy

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To start their own business, usually this supports their local economy however still depending on their success. 

Due to the backlash against advertising that clutter can cause, advertisers are integrating more tools within theoverall promotional effort to reach more consumers in different ways, such as through mobile or social media or digital content.A. TrueB. False

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Answer:

A. True

Explanation:

Yes! it is very true statement because due to negative views of the people against the advertising industry.

This was the reason due to  which the advertising industry come up to add more tools in there advertisement through social media some of the time or through mobile phones some of the time or through the digital contents some of the time.