A local, high-end restaurant in a Louisiana city had always done great business. However, things began to change when a steakhouse chain opened up a location nearby. The steakhouse had a famous name known around the country. It also offered meals at cheaper prices. Customers soon lined up to try it out, and the local restaurant began to lose business.
Which statement best explains the change in demand for the local restaurant?
The number of consumers in the market increased.
The price of a complementary service had decreased.
The individual preferences and tastes of consumers changed.
A competitor offered a substitute service at a more attractive price.
Answer:
A competitor offered a substitute service at a more attractive price.
Explanation:
A more known name at a smaller price
Answer:
A competitor offered a substitute service at a more attractive price.
Explanation:
Why do you think this monument was built to honor these four men?
Answer:
Gutzon Borglum, the man who helped carve Mount Rushmore states that the four presidents were chosen to, "Commemorate the founding, growth, preservation, and development to the United States of America."
Explanation:
Hope this helps!
What is the capital of Prince Edward Island?
St. John's
Fredericton
Charlottetown
Halifax
Answer:charolottetown
Explanation:
Which statement best describes a characteristic of the national government established by the U.S. Constitution?
A The powers of the national government are limited
B The Supreme Court is always right
C The President has complete control
D The states have most of the power
Which of the following is a U.S. territory?
1. Mexico
2. Oregon
3. Northern Mariana Islands
4. Rhode Island
Answer:
4. Rhode Island