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From a franchisor's perspective, what are the two main advantages of this business format?
(a) Rapid growth in market coverage and penetration
(b) Spreading the risks and costs of capital investment, stock and operating costs
(c) Achieving diseconomies of scale in purchasing and marketing
(d) Benefiting from the entrepreneurial drive of franchisees
A firm recieves a shipment of 100 personal computers for use by its staff. Of these 100 computers, five are defective and not usable without repair. In a particular office, there are five employees. What is the probability that each of these five e..
Practice with the balance of payments: Current account = Capital account + Change in official reserves a. Current account = $10, Capital account = $15 a. What is the change in reserves b. Current account = $10, Change in reserves = $3. What is the ..
Go to the Bureau of Economic Analysis at this Web site, and look up the latest new release for real GDP. Address the following questions after reading the latest release:
Matt is a 25 year old engineer, and his salary next year will be $60,000. Matt expects that his salary will increase at a steady rate of 5% per year until his retirement at age 65. If he saves 10% of his salary each year and invest these savings
Suppose that business travelers and vacationers have the following demand for airline tickets from New York to Boston: Price Quantity Demanded Quantity Demanded for business travelers for Vacationers 150 2,900 1,000 200 2,700 750 250 2,550 550 300 2,..
In offering such training programs, is a company violating the optimality rule? Explain in detail.
why social networks including Twitter have become so popular in the particular country.
When the price of gas in Italy is $5 per gallon, Joe consumes 1,000 gallons per year. The price rises to $5.50 and, to offset the harm to Joe, the Italian government gives him a cash transfer of $500 a year. Will Joe be better or worse off after t..
Discuss the statistical significance of the parameter estimates a, b,c, and d using the p-values. Are the signs of b,c, and consistent with the theory of demand. Wilpen plans to charge a wholesale price of $1.65 per can. The average price of a ten..
competitive brand of cornfl akes, in dollars per 10- ounce box P M = price of milk, in dollars per quart A = advertising expenditures of CFC cornfl akes, in hundreds of thousands of dollars per year This year, P X = $ 2, I = $ 4, P Y = $ 2.50, P M..
A man borrows $120,000 to buy a home. The interest rate is 4.5%, compounded monthly, and its period is 30 years. a) What will be the monthly payment (equal payments) for the life of the loan
compute the demand schedule showing the number of workers hired for all wages from zero to $100 a day. What happens to this demand curve if the price of output rises from $10 to $12 per unit?
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