This topic contains a solution. Click here to go to the answer

Author Question: For many years a restaurant is the only operation located on the ocean. They can charge premium ... (Read 3202 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
For many years a restaurant is the only operation located on the ocean. They can charge premium prices, as guests love the view. Four more restaurants open on the same beach. What economic principle will dictate what premium guests may now be willing to pay for the view?
◦ Law of supply and demand
◦ Trend or fad of new operations
◦ Location, location, location
◦ Incremental revenues


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chloeellawright on Jun 15, 2020

amit

  • Sr. Member
  • ****
  • Posts: 364
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly











 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

For a complete list of videos, visit our video library