Marty is a successful entrepreneur who opened a fast food restaurant selling soup and sandwiches. he opened his first restaurant in colorado, and soon after expanded to new mexico, arizona, and texas. what might be one reason why marty's business is expanding? higher per capita incomes in colorado, new mexico, arizona, and texas than elsewhere reduced demand for soup and sandwiches in neighboring states absence of potential customers in other states positive shared experience spread among marty's customer base through cultural diffusion
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Positive shared experience spread among Marty's customer base through cultural diffusion
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Buying on margin occurs when an investor buys an asset by borrowing the balance from a bank or broker. Buying on margin refers to the initial payment made to the broker for the asset—for example, 10% down and 90% financed.