Which of the Following Would Cause the Demand for Mathematicians

question 68

Multiple Choice

Which of the following would cause the demand for mathematicians to increase?

• A) a decrease in the productivity of mathematicians.
• B) an increase in the wage of mathematicians.
• C) an increase in the productivity of mathematicians.
• D) an increase in the productivity of physicists.

Recognize the ethical and legal standards governing franchised businesses.

Identify the potential negative impacts on a franchisee's business due to the performance of other franchisees.

Understand the franchise agreement terms and clauses, including renewal and termination rights.

Analyze the rationale and potential for businesses to choose franchising as an expansion strategy.

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Definitions:

Present Value

The worth in present terms of a lump sum or cash flows anticipated in the future, using a predetermined rate of return for the calculation.

Per Year

A time frame reference indicating an annual basis.

Savings Account

A savings account in a bank or financial institution that guarantees the safety of the deposited capital while offering a low interest rate.

Interest Rate

The cost incurred by a borrower from a lender for utilizing assets, shown as a percentage of the principal sum.