Keith has set up a new burger joint in his locality. He is planning on introducing craft beers and milkshakes to the existing menu. Thus, the customers who visit his joint will have a range of options to choose from. This scenario exemplifies ________.

Answers

Answer 1

An identification of substitutes is done by Keith as he introducing new items to the existing menu so that customer will have ranges to choode from.

What is an identification of substitutes?

This is a process whereby a seller plans to add some product that serves as subtitutes tp existing product.

Therefore, the identifying  of substitutes is done by Keith as he introducing new items to the existing menu.

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Related Questions

A bill that deals with such a diverse set of unrelated issues as environmental issues, tax issues, and criminal justice issues is likely to be a(n)

Answers

A bill that deals with such a diverse set of unrelated issues as environmental issues, tax issues, and criminal justice issues is likely to be an Omnibus bill

What is an Omnibus Bill?

An omnibus bill is a bill that covers divers issues which is coupled into one document.

It is a single document which is accepted in a single vote by a legislature but encompasses several measures into one or combines diverse subjects.

Due to their large size and scope, omnibus bills limit opportunities for debate and scrutiny.

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How might advertising reduce economic well-being? alternatively, how might advertising actually increase economic well-being?.

Answers

Advertising is capable of reducing economic well-being by generating increased consumerism, creating desire for products and making demand more elastic.

In the sense of increasing economic well-being, advertising is able to provide more information about prices and increased competition, which makes prices lower.

What is the relevance of advertising?

For a company, the development of advertising campaigns is a key factor in attracting and retaining consumers, with strategies that generate the need for the brand, generating value and loyalty.

Therefore, advertising is able to stimulate consumption and competitiveness, when it is effective, it generates profitability and positioning for an organization.

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Economists have determined that the economy goes through a cycle of
growth and decline how often?
O A. Every 80-95 years
O B. Every 6-10 years
O C. Every 25-31 years
O D. Every 54-60 years

Answers

Economists have determined that the economy goes through a cycle of growth and decline Every 25-31 years. Thus the correct option is C.

What is the economy?

The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

The economic cycle is ditributed into four stages in which there are stages as expansion, peak, contraction, and trough which indicate the status of the economy in the country.

According to economists, the economy has cycles of expansion and falls every 25–31 years. This is dependent on both the development of technology and the rise in the income of an individual.

Therefore, option C Every 25-31 years is appropriate.

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Steve silversmith produces unique and exclusive sterling silver rings, pendants, buckles, and chains. steve pays one supervisor to oversee the work performed by several part-time silversmiths. he pays each silversmith to work 20 hours per week or 40 hours week, depending on production demand. he also hires a jewelry expert to perform quality assurance inspections and pays her based on the weight (per ounce of silver) of each piece inspected. the controller and the sales manager are discussing potential price increases due to the increasing cost of silver and increases in other costs.


required:

the following are several costs they are discussing. indicate whether each cost is a variable, fixed, step, or mixed cost within steveâs relevant range of activity.


a. depreciation on production equiepment

b. supervisor salary

c. packaging (each piece is packaged in a designer cartoon)

d. silver

e. part-time labor (silversmith)

f. production facility utilities

g. quality assurance

h. mortgage on the production facility

Answers

The answer with be a

the first person that answers ill give u 40 brainlist points hearts and stars

Answers

Answer:

Do you need help?

Explanation:

??

Answer:

what do you need help with ??

Explanation:

A prime example of a Special Economic Zone, located adjacent to Hong Kong, is the city of Group of answer choices Guangzhou Beijing Shenzhen Chengdu Shanghai

Answers

The city of Shenzhen is a prime example of a Special Economic Zone that is located adjacent to Hong Kong,

What is a Special Economic Zone?

These are zones that serves as an area of business and trade which are different from the rest of the country.

Some other examples of a Special Economic Zones includes Shannon Airport in Ireland, Dubai South in UAE, Xiamen in China etc

Therefore, the Option C is correct.

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Tips to study commerce

Answers

Answer:

just study commerce and ur good

When an industry is a natural monopoly, a. it is characterized by constant returns to scale. b. it is characterized by diseconomies of scale. c. a larger number of firms may lead to a lower average cost.

Answers

When an industry is a natural monopoly, A. it is characterized by constant returns to scale.


What is a natural monopoly?

A natural monopoly arises from high start-up costs or long economies of scale, and barriers to entry.

A natural monopoly is known for these characteristics:

It is naturally occurring.It has extraordinarily large fixed costs.The marginal costs are low.It has powerful economies of scale.Competition is Undesirable.

Thus, when an industry is a natural monopoly, A. it is characterized by constant returns to scale.

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For a business, income remaining after payment of expenses is:
о
A. loss.
o B. capital.
O C. profit.
D. debt.

Answers

Answer:

The answer should be C. Profit

Explanation:

That is the total money they get after everything is payed for and restocked.

-Hope This Helps.

Justin

why do we need for the Department of Homeland Security.

Answers

Answer:

Protection for the USA against threats domestic and international.

Explanation:

The Department of Homeland Security seeks to protect the nation from many threats. Cybersecurity has been their largest target, but have also investigated terrorism threats and enforcing laws on immigration.

How might advertising reduce economic well-being? alternatively, how might advertising actually increase economic well-being?.

Answers

Advertising your business can be quite costly so for start up businesses this can be hard to finance. This can reduce the business’ economic well being. Alternatively, if you advertise your business well that can bring in a whole new range of customers and their money. So this would increase your business’ economic well being

enter information into accounting system means​

Answers

Answer:

Answer:

Explanation:

These are the sales, cash receipts, cash disbursements, and purchases journals.

proceduresintegratedproceduresintegratedAnswerAnAnswerAn accounting system is a set of accounting processes with integrated procedures and controls. The intent of an accounting system is to record business transactions, summarize those transactions into an aggregated form, and create reports that can be used by decision makers to monitor, analyze, and improve operations.AnswerAnAnswerAnswerAnswer:

Explanation:

The target audience for an advertising campaign is the Group of answer choices people toward whom the advertisements are directed. sales objective to be achieved by the campaign. overall goal of the advertising campaign. geographic distribution of persons. information base on which to develop the campaign.

Answers

The target audience for an advertising campaign is people toward whom the advertisements are directed.

What is advertising campaign?

Advertising campaign refers to serious of product related activities designed to get the attention of customers.

Indidviduals and companies advertise in oder to increase awareness about their products and then sell them afterwards.

Hence, the target audience for an advertising campaign is choices people toward whom the advertisements are directed.

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We have discussed at least two reasons for banks to exist, both of which imply that banks are somehow special, or perform a unique function for the rest of the financial society/world. Explain, in detail, the rationales developed by Fama, and by Diamond in their ground breaking papers. The best answers will quote extensively from the papers.

Answers

The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.

What is a bank?

It should be noted that a bank simply means a financial institution that accepts deposit from the public.

In this case, banks are somehow special, or perform a unique function for the rest of the financial world. The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.

They also lend money to firms and keep money safe for the customers.

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_____ refers to Federal Reserve decisions that shape the economy by influencing interest rates and the supply of cash.

Answers

Monetary policy refers to Federal Reserve decisions that shape the economy by influencing interest rates and the supply of cash.

What is an Economy?

This refers to the production, distribution, trade, and consumption of these goods in a given region.

Hence, we can see that monetary policy has to do with the decision that the Federal Reserve takes in order to change the economy and influences the demand, supply, price of money, and credit to meet a nation's economic objectives.

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When does a lender have to disclose the annual percentage rate (APR)?
A. Lenders do not use APR when making loan agreements.
B. Lenders must disclose the APR after the loan agreement is signed.
C. Lenders must disclose the APR before the loan agreement is
signed.
O D. Lenders are not required to disclose the APR.

Answers

Answer: ITS C!!!!!!!

Explanation:

Answer:

C. Lenders disclose the APR before the loan agreement is signed.

In the trucking industry, demand for fuel remains relatively stable even in times when the price of fuel increases, indicating that demand for fuel in this segment is:.

Answers

Answer:

inelastic

Explanation:

Things that you value that are stored digitally, such as digital photographs or
gift card codes, are
O A. cryptocurrencies
O B. digital assets
O C. biometrics
O D. digital devices

Answers

The answer is D
Ik this cause I took the test

When direct labor is used as the overhead allocation base, the variable overhead efficiency variance ______. Multiple choice question. cannot be calculated will always be unfavorable will be favorable when the direct labor efficiency variance is favorable explains how efficient overhead resources were used

Answers

When direct labor is used as the overhead allocation base, the variable overhead efficiency variance will be favorable.

What is direct labor?

It should be noted that direct labor simply means the production that is assigned to a specific product.

In this case, when direct labor is used as the overhead allocation base, the variable overhead efficiency variance will be favorable.

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What do you start paying taxes

Answers

Hi!you start paying taxes because taxes help to support common resources, such as police and firefighters.

Single, under the age of 65 and not older or blind, you must file your taxes if: Unearned income was more than $1,100. Earned income was more than $12,400. Gross income was more than the larger of $1,100 or on earned income up to $12,050 plus $350.

Because a majority of small business are rejected for traditional business loans, many ______ for short-term financing.

Answers

As a result of them being rejected for traditional loans, most small businesses end up applying for short-term financing.

Why do small businesses apply for short-term financing?

Small businesses are considered risky by institutions who offer traditional business loans to the point where most of them are rejected.

As a result, they are forced to turn to short-term financing which comes with high rates and are therefore more expensive to obtain.

Find out more on small business risk at https://brainly.com/question/1358332.

Answer: Use credit cards

Explanation:

What is the name of the document which establishes the processes for selling stock, should the need arise

Answers

The name of the document which establishes the processes for selling stock, should the need arise is a Prospectus

What is a prospectus?

A prospectus is a formal document that is required by and filed with the Securities and Exchange Commission (SEC) that gives explicit details about an investment offering to the public.

This document is very useful to investors because it provides and insight of the risks involved with investing in the security or fund.

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Think about the last purchase you made at a store. Did you know that when you made that purchase, you actually helped the economy to grow? How did your purchase do that?

Answers

Answer:

See below

Explanation:

By making that purchase, the industry you paid to made a profit. Profit helps countries to increase their GDP, therefore the economy has grown.

Answer:

The store owner used the money earned from the purchase to pay wages to the store’s employees. Those employees then bought other goods and services. When they paid for those items, that store in turn paid its employees, and so the cycle continues.

Explanation:

edmentum

Crafter's Supply offers online 40% off coupons to shoppers. It is easy to go to the Crafter's Supply website, download the coupon, and apply it to an online purchase. This example shows that the biggest trend in sales promotion is the use of _______.

Answers

The requiement of using the crafter's supply website to download the coupon shows that the biggest trend in sales promotion is the use of the internet.

What are sales promotion?

These are marketing strategy that uses a short-term campaigns to spark an interest and raise a demand for a firm product.

The use of coupon, lucky lottery, sales discount are all example of element of sales promotion.

In conclusion, today, the use of internet is the biggest trend in sales promotion.

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How many district courts are in the federal system?.

Answers

Answer 94 districts.

In the federal court system's present form, 94 district level trial courts and 13 courts of appeals sit below the Supreme Court.

[Quality of Services Marketing]
1. Which of the following is an example of a B2B internet service? [Answer: Tech Support]
2. Many companies have sophisticated tracking software [Answer: Critical incident technique]
3. Which of the following is not a characteristic of a service? [Answer: Reliability]
4. What is the encounter between service-consumer that occurs during delivery of the service is known as? [Answer: Experince qualities]
5. Your local credit union offers a variety of services to its members [Answer: Fresh-baked cookies and gourmet cookies]
6. The measure of the difference between a customer's expectation [Answer: Gap analysis]
7. Shepherd University is launching new services to attract more students [Answer: Bachelor's degrees]
8. A large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy. [Answer: Offering free coffee tastings]
9. John always takes his car to the same place for an oil change. [Answer: Augmented]
10. Which of the following is not a service of quality attribute? [Answer: Response qualities]
- You can thank me by thanking my previous answers, would be very appreciated -

Answers

All of your answers are correct.

The questions given and their appropriate responses can be seen below:

1. Tech Support is an example of a B2B internet service.

2. Many companies have sophisticated tracking software - Critical incident technique.

3. Reliability is not a characteristic of a service.

4.  Experience qualities is the encounter between service-consumer that occurs during delivery of the service

5. Your local credit union offers a variety of services to its members such as Fresh-baked cookies and gourmet cookies.

6. Gap analysis is the measure of the difference between a customer's expectation.

7. Shepherd University is launching new services such as Bachelor's degrees to attract more students.

8. Offering free coffee tastings is a large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy.

9. John always takes his car to the same place for an oil change - Augmented

10. Response qualities is not a service of quality attribute.

What is Service marketing?

This is defined as  the marketing that businesses that provide a service to their customers use to increase brand awareness and sales.

The answers to the questions given  can be seen appropriately given above.

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Both the production and selling and administrative expense budgets are prepared using information directly from the:.

Answers

Answer:

Both the production and selling and administrative expense budgets are prepared using information directly from the: Sales Budget

A decrease in consumer confidence can put your job at risk if Group of answer choices aggregate expenditures fall. consumers expect their incomes to rise in the future. aggregate expenditures rise. consumers expect firms to increase investment in the future.

Answers

A decrease in consumer confidence can put your job at risk if consumers expect their incomes to rise in the future.

What is consumer confidence?

consumer confidence serves as an economic indicator which measures the degree of optimism as regards the consumers and overall state of a country's economy.

Therefore, consumer confidence can your job at risk if consumers expect their incomes to rise in the future and it doesn't rise.

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____________ protects you against financial loss when your car damages other vehicles, street signs, or buildings.

Answers

car insurance or auto liability insurance. car insurance is the main answer but auto liability insurance is when you are at fault for the damages

Answer:

Collision insurance

Explanation:

Collision insurance replace your car if it's damaged in an accident with another vehicle or a object.

The Jones Company supports the Rock Hounds, a minor league baseball team in Midland, Texas, because the banner with the Jones Company logo avoids the difficulty of reaching audiences and differentiating Jones's products from competing brands through mass media. Which public relations strategy does the Jones Company use?

Answers

If  the banner with the Jones Company logo avoids the difficulty of reaching audiences. Jones company use Sponsorship.

What is Sponsorship public relation

Sponsorship public relation can be defined as the way in which a company sponsor an event so as to create awareness about their product or brand or to build product awareness.

Jones company uses sponsorship strategy in order to reach the large audience and to  create awareness so as to enables people to know the brand he represent or stand for.

Therefored Jones company use Sponsorship.

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