Sarah and Candice want to start a business together in the women's apparel and accessories industry. While Sarah thinks that they should hire designers and establish their own clothing brand from scratch, Candice believes that it will be easier to start the business by obtaining the franchise rights from an already established designer brand called Monarch. Which argument made by Candice will be valid in convincing Sarah to accept the idea of starting a business by obtaining the franchise rights of Monarch?

a. They will have greater freedom to make business-related decisions if they obtain the franchise.
b. They will have greater flexibility to add or delete a product from the existing line if they obtain the franchise.
c. They can effectively leverage the national and local advertising programs sponsored by the franchiser.
d. They can earn good revenues without having to pay any fee or share profits with the franchiser.
e. They can commercialize their creativity and ideas without facing any restrictions from the franchiser.

The market price of cheeseburgers in a college town increased recently, and the students in an economics class are debating the cause of the price increase. some students suggest that the price increased because the price of beef, an important ingredient for making cheeseburgers, has increased. other students attribute the increase in the price of cheeseburgers to a recent increase in college student enrollment.1. the first group of students thinks the increase in the price of cheeseburgers is due to the fact that the price of beef, an important ingredient for making cheeseburgers, has increased. (what happened to demand and supply, shift to the right or left)2. the second group of students attributes the increase in the price of cheeseburgers to the increase in college student enrollment. (what happens to demand and supply, shift to the right or left)3. suppose that both of the events you analyzed above are partly responsible for the increase in the price of cheeseburgers. based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of cheeseburgers? (choose a, b,c, or d)a)if the price increase was small, then the supply shift in the market for cheeseburgers must have been larger than the demand shift.b)if the equilibrium quantity of cheeseburgers decreases, then the demand shift in the market for cheeseburgers must have been larger than the supply shift.c)if the equilibrium quantity of cheeseburgers decreases, then the supply shift in the market for cheeseburgers must have been larger than the demand shift.d)whichever change occurred first must have been the primary cause of the change in the price of cheeseburgers.

He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain

What is the connection between digital transformation and customer experience