Autumn Fair sells reusable plastic stencils for use in decorating. When graphed, the demand schedule for Autumn Fair brand stencils forms a straight line. If at $3 per stencil, 500 stencils are demanded, and at $4 per stencil, 450 stencils are ordered, how many will be ordered at a price of $6 per stencil?

a. 333
b. 350
c. 400
d. 375

Ans: b. 350

Business

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Real Value Inc, is a national distributor of food items. It manufactures and distributes virtually

every type of food product, but it does not have a breakfast cereal line. Mixing Mills is the nation's leading manufacturer and distributor of breakfast cereals, which is all that it produces. Real Value wants to merge with Mixing Mills. This would be what type of merger? A) Market extension B) Vertical C) Horizontal D) Conglomerate

Business

The reason fast food restaurants often are found in close proximity to each other is:

A) they enjoy competition. B) location clustering near high traffic flows. C) low cost. D) availability of skilled labor. E) all of the above.

Business