Intelligence Report indicates that one or more rival firms elected not to submit price offers to supply private-label footwear to chain retailers. Intelligence Report indicates that some of the winning bidders for private-label footwear were able to win contracts at an offer price above their selling price for branded footwear.
Branded footwear are designed to cushion and protect the human foot. Socks are commonly worn with them. Additionally, shoes are worn for both decoration and fashion. Shoes have undergone significant design changes over time and across cultures, with shape initially being associated with function. Although the human foot is capable of adapting to a range of surfaces and weather conditions, it is nevertheless vulnerable to environmental hazards like sharp pebbles and chilly temperatures, which shoes protect against. One form of shoe worn as safety equipment are steel-toe boots, which are a necessary piece of footwear at industrial job sites. In addition, fashion has frequently determined many design elements, such as whether shoes have very high heels or flat ones.
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ABC Travels is a travel company that offers foreign tour packages. The company wants to know what Indian travelers look for when booking a holiday to a foreign country. The typical customers for this company are usually a family group of four. The family group usually has two children.
A. Statement of the Problem
The magnitude, frequency, and distribution of the problem
The probable of the problem & its causes
Possible solutions to the problem been attempted & proposed?
Explain about unanswered questions
The problem statement might be "Indians consider safety and cost when choosing a travel package". The magnitude of the problem can be defined regionally. On the other hand, they reflect the traditional Indian culture. And solutions will be identified through research.
What are research questions?They correspond to the questions that researchers develop to direct a research project. The questions can be developed for use in a qualitative or quantitative research, and must be aligned with the research thesis, in order to reiterate or refute it.
Therefore, other questions that could be asked in this question are in relation to the level of satisfaction with the company's tourist packages, costs, suggestions, complaints, etc., so that the company can effectively identify the needs and desires of its customers.
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TRUE/FALSE. identification is the express designation of the goods provided for in a contract, and the parties to the deal can agree in their contract when this will take place.
Identification is the express designation of the goods provided for in a contract, and the parties to the deal can agree in their contract when this will take place.
Thus, the correct option is True.
What is Identification?A description in writing of the products or services mentioned in an application. An identification of the goods and/or services must be included with every application.
The USPTO will return your application and refund your fee if you omit to identify any identifiable goods or services.
Applicants should use short, plain language—i.e., familiar commercial names and terminology that the general public may easily understand—when describing the goods and/or services.
Please take note that the terminology in the "International Classification of Classes of Goods and Services" class headers or short titles are typically too wide and should not be used alone as an identification.
Additionally, listing just an international class number is never acceptable. a collection of appropriate phrases for goods and services.
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When demand is inelastic, a decrease in price will cause? a. an increase in total revenue. b. a decrease in total revenue. c. no change in total revenue. d. There is insufficient information to answer this question.
When demand is inelastic, a decrease in price will cause an increase in total revenue.
a drop in overall revenue. Demand will not vary in response to a change in the product's price if the price elasticity of demand is inelastic. The total income of the company will decrease if the price of the good decreases without the quantity demanded changing. If the price of an inelastic good is decreased, the demand for that good does not rise, resulting in less overall revenue due to the lower price and unchanged demand. This would suggest that the company shouldn't lower the price of its items because doing so wouldn't have any positive effects.
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When evaluating an income producing real property, an appraiser must take into consideration all of the following EXCEPT the: A.Correct capitalization rateB.Cost of the building next doorC.Net operating income of the real propertyD.Vacancy and bad debt rates
Based on the projected income from the property, the capitalization rate is the rate of return on an investment property in real estate.
What is good cap rate ?
Investors can use the cap rate to estimate the projected rate of return on a cash-purchased investment property. This approach is separate from the finance strategy. As a result, investors can compare various investment properties using cap rates in a fair and objective manner.
The cap rate is suitable for rental investment property because it depends on net operating income. Sadly, it cannot be applied to other real estate asset classes like fix-and-flip homes or, in some situations, short-term rentals. Future articles will discuss additional cash flow and cash-on-cash return ROI formulae.
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Many snack food brands, like Lay's Potato Chips, are sold in vending machines, at supermarkets, and online. This means that these items utilize _______ distribution.
a. multi-platform
b. technology-based
c. strategic
d. dual
Many snack food brands, like Lay's Potato Chips, are sold in vending machines, at supermarkets, and online. This means that these items utilize dual distribution.
What is distribution?
Sales determine the success or failure of a company. A good distribution system means that the company is more likely to sell its products than its competitors.A company that distributes its products to the market more widely and quickly at a lower cost than its competitors will benefit from lower raw material prices. achieve higher margins to better absorb the rise in , and survive longer under difficult market conditions. Sales is essential for any business or service. Best priced products, advertising and customers mean nothing if the product is not available at the point of sale where the consumer can shop.
Therefore, Many snack food brands, like Lay's Potato Chips, are sold in vending machines, at supermarkets, and online. This means that these items utilize dual distribution.
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When the interest rate ___________the opportunity cost of money ___________.
rises; rises (or rises, rises) → The interest rate is the opportunity cost of holding money, so if the interest rate rises, the opportunity cost of holding money increases.
When the interest rate rises the opportunity cost of money increases.
Whilst economists confer with the “opportunity cost” of a resource, they mean the cost of the following-highest-valued opportunity use of that resource. If, for instance, you spend money and time going to a movie, you can't spend that point at domestic studying a e book, and you can't spend the cash on something else.
Possibility value is an economics term that refers back to the price of what you have to give up that allows you to choose some thing else. In a nutshell, it's a price of the street now not taken.
The possibility cost is time spent analyzing and that money to spend on something else. A farmer chooses to plant wheat; the possibility value is planting a specific crop, or an alternate use of the resources.
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which of the following situations involving an early distribution of an ira would result in an exception where the taxpayer would not incur the 10% penalty? (check all that apply.)
The situations involving an early distribution of an IRA that would result in an exception where the taxpayer would not incur the 10% penalty are funds are used for qualifying medical expenses, funds are used for qualified higher education expenses, and funds are used for a first-time home purchase.
A taxpayer may be an individual or business entity that is obligated to pay taxes to a federal, shape or local government. Individual retirement accounts (IRAs) are retirement savings accounts with tax advantages. Money held in an IRA usually can't be withdrawn before the age of 59 without incurring a hefty tax penalty of 10% of the amount withdrawn.
There are annual income limitations that apply to deducting contributions to traditional IRAs and contributing to Roth IRA's.
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When a pharmaceutical company discovers a new drug, patent law gives it market power by guaranteeing:
A) partial ownership of the right to sell the drug for an unlimited number of years
B) partial ownership of the right to sell the drug for a limited number of years
C) sole ownership of the right to sell the drug for a limited number of years
D) sole ownership of the right to sell the drug for an unlimited number of yearsC) sole ownership of the right to sell the drug for a limited number of years
C) exclusive ownership of the drug's right to sell it for a limited time.
What guarantees the monopoly when a pharmaceutical company discovers a new drug?
A company without market power is a monopoly. Patent law grants a pharmaceutical company a monopoly when they discover a new drug: the right to sell the drug in part for an unlimited number of years.
What is monopoly power's fundamental source?
Barriers to entry are the primary factor that lead to monopoly. There are three sources of entry barriers: Responsibility for secret weapon.
Is a patent monopoly-granting?
Invention is rewarded by patents, not commercialization. In a similar vein, a patent does not constitute an economic monopoly. First, because having a patent does not result in the "single supplier" situation that is typical of most monopolies in real life.
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Wilma is an older consumer that is very hesitant to buy new products. In fact, Wilma still has a landline phone and listen to music on a cassette deck When asked a cell phone, Wilma responded, "Those new-angled things are just not for me! Wilma would fall into the category of the diffusion process early majority LaggardEearly adoptesinnovator
They were masters of the praise and worship experience because the songs ranged from classic to current and the music was never in the same style or genre.
Sadly, worship leaders all across the world are (sometimes unwittingly) turning their church's worship into a spectator event, and people aren't singing any longer.
Before talking about the condition we are in right now, let's take a look at the past. Worship was primarily performed for the people before the Reformation. Professional musicians played the music, which was sung in a foreign language (Latin). The Reformation returned worship to the people, including congregational singing with straightforward, approachable tunes and sound, scripturally-based lyrics in the people's own tongue. Worship once more become interactive. With the development of the printed hymnal, congregational singing exploded, and the church's love of singing grew. With the development of new video technologies, churches started projecting the song lyrics.
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On July 1, Marin Inc. purchases 440 shares of its $5 par value common stock for the treasury at a cash price of $12 per share. Journalize the treasury stock transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
The journal entry to record the treasury stock transaction includes:
Debit to treasury stock for $5,280Credit to Cash for $5,280What is a treasury stock?A treasury stock refers to an outstanding stock that has been bought back from stockholders by the issuing company. The result of a treasury stock is that that the total number of outstanding shares on the open market decreases. Its remains issued but is not included in the distribution of dividends or the calculation of earnings per share (EPS).
The computation of the treasury stock is shown below:
= Number of shares purchased * Cash price per share
= 440 shares * $12
= $5,280
The journal entry recording the treasury stock transaction is shown below:
Date Account titles Debit Credit
On July 1 Treasury stock A/c Dr $5,280
To Cash A/c $5,280
(Being purchase of treasury stock for cash is recorded)
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Using the data in the tables below...
Bonds 1. Municipal Bonds - Municipal bonds are haircut per Exhibit 1 based on both their time to maturity and scheduled maturity at date of issue. 2. Corporate Bonds - Corporate bonds are haircut based on both their time to maturity and whether they are rated as investment grade (defined by S&P and Fitch as BBB- and above and by Moody's as Baa3 and above)1 by at least two of the nationally recognized statistical rating organizations. If the bonds qualify as investment grade, use Exhibit 2 to determine the haircut of the bonds. If they do not qualify as investment grade, then they are considered non-marketable and follow the haircut rules as stated in Exhibit 3. It is important to note that the haircut is calculated using the absolute value of the market value of the relevant bond. What is the total haircut in USD on the positions in the accompanying spreadsheet?
1. Haircut on Junk bonds are deducted from total haircuts due to negative value.
2. Dates very close to end of particular year are assumed as complete years.
3. PP7 corp has been included but it can be excluded from the table since it is not rated in four highest category by two of the nationalised agencies.
4. Apart from AS6 corp, all are Investment Grade bonds.
What is spreadsheet?A spreadsheet is a software program that allows users to store and organize data in a tabular format. Spreadsheets are commonly used to store numerical data and perform calculations. A typical spreadsheet consists of a two-dimensional grid of cells, with each cell containing data or formulae which can perform calculations. Spreadsheets are used to keep track of financial information, such as budgets and expenses, and to analyze data. They are also used for data visualization, such as creating charts and graphs from numerical data. Spreadsheets offer a powerful and versatile tool for organizing and manipulating data, and can be used for a wide variety of tasks.
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Hillary is in the process of determining who buys the company product linebased on the consumer's age, income, and education level. Hillary is definingthe product's _____.Multiple choice question.market segmentationmarket mixmarket valuemarket position
Hillary is in the process of determining who buys the company product line based on the consumer's age, income, and education level. Hillary is defining the product's market segmentation.
With the help of market segmentation, companies can target specific consumer groups and create products and branding that appeal to them.Multiple market segmentation techniques exist, including geographic, demographic, and behavioral segmentation.Market segmentation assists businesses in reducing risk by identifying the products that are most likely to capture a portion of a target market and the most effective strategies for marketing and distributing those products to that market.When risk is reduced and understanding of the marketing and delivery of a product is improved, a company can concentrate its resources on initiatives that are most likely to be financially successful.Market segmentation can broaden a company's demographic appeal and possibly lead to the discovery of goods or services they had not previously thought of.Learn more about Market segmentation, here
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Assume that only two goods, A and B, are produced in an economy. In the base year, 5 units of A are produced for a price of $4, and 5 units of B are produced for a price of $6. And in a given year, 5 units of A are produced for a price of $5, and 5 units of B are produced for a price of $9. What is the CPI for the given year?
a. 71.42
b. 140
c. 50.5
d. 198
e. 125
CPI is the current year cost of the goods divided by the base year cost of the goods multiplied by a hundred. Current year cost of goods = current year price multiplied by current year quantity.Base year cost of goods = Base year price multiplied by base year quantity. Base year cost of goods, CPI for the given year = 70/50×100=140 .140 is the CPI for the given year.
A consumer price index (CPI) could be a price index, the worth of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. A CPI is an applied mathematics estimate made exploitation the costs of a sample of representative things whose prices are collected periodically.
Sub-indices and sub-sub-indices are often computed for various classes and sub-categories of products and services, being combined to supply the general index with weights reflective of their shares within the total of the patron expenditures coated by the index. it's one of many price indices calculated by most national statistical agencies.
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which of the following is an example of an executive agreement?
The president changes a regulation on undocumented immigrant status without congressional approval.
The president signs legally binding nuclear arms terms with Iran without seeking congressional approval.
The president issues recommendations to the Department of Justice on what the meaning of a new criminal statue is.
The president negotiates an agreement with China and submits it to the Senate for ratification
The Correct example of an executive agreement is b) The president signs legally binding nuclear arms terms with Iran without seeking congressional approval.
What is Executive Agreement?An executive agreement is a pact between the leaders of two or more countries that has not been approved by the legislature in the same way that treaties are approved. To distinguish them from treaties, which are legally binding, executive agreements are seen as having political force.Executive agreements are less formal than treaties and do not require ratification by two-thirds of the U.S. Senate. They are agreements between the United States and a foreign government.After 1939, executive agreements were used a lot more frequently. Between 1940 and 1989, during World War II and the Cold War, presidents signed almost 800 treaties but negotiated more than 1,200 executive agreements, compared to the 800 treaties that the U.S. Senate had ratified before to 1940 and the 1,200 executive agreements that they had formed.To learn more about Executive agreement refer to:
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Which of the following activity bases would be the most appropriate for gasoline costs of a delivery service?
a) Number of packages picked up.
b) How many trucks are in service.
c) Total of miles driven.
d) Number of truck drivers.
Total miles driven activity bases would be the most appropriate for gasoline costs of a delivery service.
What is a base of activities?
A measurable activity is referred to as an "activity base" when allocating overhead expenses. For instance, using the number of machine hours used during a reporting period as the basis for allocating machine costs to the number of units produced is a fair activity. A variable cost's origin is measured by something called an activity base. Direct labour hours, machine hours, units produced, and the most typical activity, units sold, are occasionally referred to as cost drivers.
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adhering to utilitarian ethics in making a business decision is likely to result in an action that is considered morally correct if it produces the greatest good for
The largest number. When making a business decision, utilitarian ethics is likely to lead to a course of action that is morally right if it results in the greatest good for.
A corporate one sentence is what?This one-sentence business statement provides a succinct summary of what that company does, who it serves, why it does it, and how you differ from the competitors. Here are ten various applications for this in your daily existence: This can be included in your business plan. This can serve as your elevator pitch.
What kinds of personal statements are there?Cover mails, admission essays, and declarations of purpose are the three sorts of personal statements that are the most frequently used. In each of these three cases.
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the performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries. group of answer choices
The following statement "the performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries" is true.
The term "business computing" describes the IT systems that underpin an organization's planning, customer management, and storage systems, to mention a few.
In companies, people utilize computers to automate the distribution, marketing, and production processes. A computer helps businesses operate more quickly and generate cutting-edge, high-quality products. Additionally, it makes it easier and more simple for firms to interact and conduct business with their clients.
Computing may include the design and development of software and hardware systems for a variety of uses, frequently structuring, processing, and managing any kind of information to support the conduct of scientific research, the creation of intelligent systems, and the production and use of various forms of entertainment media.
The above question is incorrect, the correct question is:
The performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries.
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Personal selling serves three major roles in a firmâs overall marketing effort: (1) it creates a critical link between the firm and its customers; (2) salespeople are the company in a customerâs eyes; and (3) it may play a dominant role in a firmâs marketing program. This final point is illustrated by Hope Springs. The company knows that business-to-customer (B2C) sales are not enough to maintain profitability; it must rely on business-to-business (B2B) sales to maintain a profitable bottom line. Xiu Li, a marketing executive with Hope Springs, uses available advertising and promotion tools to reach the company's target customer markets. However, she also realizes the importance of her direct sales force in reaching business customers such as Martha at the Coffee Collective. Through effective sales force management, Xiu Li and her team must effectively communicate to business customers like the Coffee Collective to help demonstrate how its bottled water will sell well to her customers and increase overall sales.
First, salespeople play a crucial role in connecting the company with its clients; in this capacity, they must balance the demands of the company and those of the client in order to satisfy both parties during the exchange process.
Briefing:-secondly, salespeople are the company in the eyes of the client; they stand in for what a company is or aspires to be, and are frequently the only direct contact a customer has with the company; personal selling may be a major component of a company's marketing strategy.
What are the three Ps in selling?The three Ps—Preparation, Process, and Personalization—can be used to summarize the formula for winning sales pitches and RFx answers.
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Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect:
O the demand curve for money to shift outward. O the demand curve for money to shift inward. O a downward movement along a fixed money demand curve, O an upward movement along a fixed money demand curve,
Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect the demand curve for money to shift inward. Thus, option B is correct.
What is Goods?Goods are things that fulfill human needs and offer usefulness, such as a buyer purchasing a fulfilling product. It is usual practice to distinguish between transferable products and non-transferable services.
Let's say that the cost of a typical bunch of items has decreased over time. If everything remained the same, we would anticipate a change in the equilibrium price for money.
Therefore, option B is the correct option.
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By using aggregate supply and demand curves to illustrate the points, discuss the impacts of the following events on the price level and on equilibrium GDP (Y) in the short run:
a. A tax cut holding government purchases constant with the economy operating at near full capacity
b. An increase in the money supply during a period of high unemployment and excess industrial capacity
c. An increase in the price of oil caused by a war in the Middle East, assuming that the Fed attempts to keep interest rates constant by accommodating inflation
d. An increase in taxes and a cut in government spending supported by a cooperative Fed acting to keep output from falling
By using aggregate supply and demand curves to illustrate the points, discuss the impacts of the following events on the price level and on equilibrium GDP (Y) in the short run: A tax cut holding government purchases constant with the economy operating at near full capacity.
The total amount of merchandise that businesses will produce and sell is known as aggregate supply, or real GDP. The upward-sloping aggregate supply curve, also known as the short run aggregate supply curve, illustrates the positive relationship between price level and real GDP in the short run. The incentive to increase output when the price level of outputs rises while the price level of inputs stays constant causes the upward slope of the aggregate supply curve. Potential GDP, often referred to as full-employment GDP, is the maximum amount that an economy can produce when all of its institutional, technological, human, and physical resources are fully employed. In an economy, the total amount spent on domestic products and services is known as aggregate demand.
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corey is always interested in what her coworkers can do for her. she is also somewhat paranoid and constantly worries that her supervisor is taking advantage of her. corey is most likely a:
Corey is always interested in what her coworkers can do for her. She is also somewhat paranoid and constantly worries that her supervisor is taking advantage of her. Corey is most likely suspicious and has unjustified doubts.
These are the signs of paranoid personality disorder. PPD is a mental health condition marked by a pattern of distrust and suspicion of others without adequate reason to be suspicious. People with PPD are always on guard, believing that others are constantly trying to demean, harm, or threaten them.
PPD is one of a group of conditions called Cluster A, or eccentric personality disorders. People with these disorders have unusual and eccentric thinking or behavior.
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Organizational _________ is/are the formal system of task and job reporting relationships that determine(s) how employees use resources to achieve organizational goals.
Organizational structure is the formal system of task and job reporting relationships that determines how employees use resources to achieve organizational goals.
To accomplish organizational goals, actions must be delegated, supervised, and coordinated according to an organizational structure. Organizational structure provides the framework on which standard operating procedures and routines are created. The four types of organizational structures are functional, multi-divisional, flat, and matrix. Others include team-based, network-based, and circular setups.
An organizational structure helps staff members complete work effectively and efficiently and helps the organization achieve its goals and objectives. An organizational structure helps with the coordination and management of activities by assigning employees distinct job roles and responsibilities. For businesses, organizational structures are essential because they enable the adoption of efficient decision-making processes.
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the following code segment appears in a method in a class other than worker. the code segment is intended to print the value 800.0, but instead prints a different value because of an error in the worker class. worker bob
The code segment is intended to print the value 800.0, but instead prints a different value because of an error in the variable earnings in the calculateEarnings method is a local variable.
What is Variable compensation?
Variable compensation typically represents an employer paying an employee based on performance results. Employees typically receive this type of compensation in addition to their basic salary.
Usually paid in the form of performance bonuses, bonuses or commissions. It is determined based on two main factors: employee performance and overall company performance. Most companies include a process of goal setting, based on which variable payments are made. Variable compensation is usually expressed as a percentage of a fixed salary. At the junior level, variable compensation percentages typically range from 10% to 15% of fixed compensation. As the employee is promoted, the variable salary component increases. So the numbers fluctuate from 15% to 30% at the middle level and rise from 30% to 50% at the upper level.
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according to the film inside job, refers to the lifting of restrictions on businesses, industry, and economic activities.
According to the film inside job, refers to the lifting of restrictions on businesses, industry, and economic activities: Deregulation.
Deregulation is the process of removing or simplifying governmental restrictions on how the market works. Deregulation refers to the removal or reduction of government authority over how businesses are run and how securities are regulated. It does not mean that laws against fraud are repealed.
Deregulation tools include loosening limitations on mergers and acquisitions within industries and reducing rules and regulations governing the taxation of securities transactions. The efficient market hypothesis, which holds that financial markets are "informationally efficient" and that prices accurately reflect the value of a company's stock, is supported by deregulation. According to this hypothesis, the less taxes and regulation there are, the more accurately prices reflect value.
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Establishing a wholly owned subsidiary in a foreign market to take advantage of all essential value chain activities requires a strategy that
A.
establishes a wholly owned subsidiary
B.
acquires a foreign company
C.
supports direct control over all aspects of operating in a foreign market
D.
establishes a start-up operation
E. All of these choices are correct
In order to benefit from all crucial value chain activities, creating a wholly owned subsidiary in a foreign market requires a strategy that: supports direct control over all aspects of operating in a foreign market
How might a completely claimed auxiliary be laid out in an unfamiliar market?
A firm can foster a completely claimed auxiliary through a greenfield adventure , implying that the firm makes the whole situation itself. One more chance is buying a current activity from a nearby organization or another unfamiliar administrator.
What is completely claimed auxiliary in global business?
A completely claimed auxiliary is an organization whose normal stock is 100 percent possessed by another organization. An organization can turn into an entirely claimed auxiliary through a procurement by a parent organization. A greater part claimed auxiliary is an organization whose normal stock is 51% to close to 100% possessed by a parent organization.
What's the significance here to be a completely claimed auxiliary?
An auxiliary whose stock is claimed totally by one investor. There are many purposes behind a parent organization to shape an auxiliary that it will entirely claim. These include: To hold explicit resources or liabilities. To be utilized as a working organization of a specific division.
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answer the following questions in your group discussion board: 1. what factors should be considered when determining whether to continue serving a client? how would this consideration influence whether auditure, llp retains tacoma tarp as a client? 2. what are the relevant factors to consider when understanding a client and analyzing risks for an audit? what is your assessment of tacoma tarp against these factors? 3. what questions would be helpful for johnson to ask carter when they meet for coffee? individually prepare a 3 page memo answering the following and turn it in on canvas: 4. prepare a memo that johnson would send to carter detailing 1) why they should or should not retain tacoma tarp as a client and 2) an understanding of the client, business, and environment including specific risks.
The engagement team's familiarity with and prior experience with the subject under consideration would be taken into account by the auditor when evaluating whether or not to utilise the expertise of an expert.
What are the main elements that need to be taken into account before accepting the client?General considerations, management integrity, commitment to GAAP, management internal control awareness, client financial strength, and other risk factors should all be taken into account when evaluating client acceptance.
What are the two key considerations that auditors take into account when deciding whether to accept a client?Information collecting and information evaluation are the main steps of a prospective client's pre-acceptance review.
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Which of the following would shift a supply curve in a perfectly competitive market for a good?
(a) A change in the number of buyers
(b) A change in input prices
(c) A change in price of a consumption complement
(d) A change in the good's price.
A change in input prices would shift a supply curve in a perfectly competitive market for a good.
What kind of market has perfect competition?
In a perfect market structure, both producers and consumers have complete and symmetrical information and there are no transaction costs. In this type of scenario, a sizable number of producers and customers are in competition with one another.
The qualities of perfect competitiveness are market with a large number of customers and merchants, free company entry and exit from the market, a uniform product should be offered by every business, both buyers and sellers should be fully informed about the market and no pricing regulation.
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super snakcking services is a typical monopolistically compettive firm. initially the market is on long run equilibrium and then there is an increase in the market demand for snacks
In the longer run, the economic profits of typical firms in the industry will be equal to Zero.
To be in a long-run equilibrium means that the overall supply of the market is equal to the overall demand that is whatever the consumers are demanding the suppliers are providing them and fulfilling the needs of the consumers. Super snacking services is a competitive firm that has a monopoly in the snack market which means that within a particular area only the snacks of this company are available.
Now since the market remains in equilibrium, the products of super snacking services will be purchased by the consumers but because of its monopolistic nature consumers will demand new types of brands with variety which will be the cause of lesser profit making.
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Complete Question:
Super snacking services is a typical monopolistically competitive firm. Initially, the market is in long-run equilibrium, and then there is an increase in the market demand for snacks. In the long run, the economic profits of typical firms in the industry will be
Which of the following is the best example of an oligopolistic industry?
The best illustration of an oligopoly is the auto industry. A market with an oligopoly is one that lacks competition.
What does an industry with oligopoly mean?A small number of companies compete in an oligopoly market and are aware of how their pricing and production strategies are interdependent. Because there are only a few number of businesses, each one has a respectable level of market power.
What constitutes an oligopolistic industry, specifically?Throughout history, oligopolies have operated in a variety of industries, including those that produce steel, oil, railroads, tires, grocery store chains, and wireless carriers. There are oligopoly structures in the pharmaceutical and aviation industries as well.
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As we increase the number of stocks in a portfolio, the standard deviation of returns of the portfolio ______. A) increases. B) remains unchanged. C) decreases
As we increase the number of stocks in a portfolio, the standard deviation of returns of the portfolio C) decreases.
What happens to standard deviation when stocks in a portfolio rises ?When the number of stock in a portfolio rises, we find that the standard deviation of the returns of the portfolio will decrease. In other words, there is an indirect relationship between standard deviation and the number of stocks in a portfolio.
The reason for this is that as more stock is added to a portfolio, it would increase the diversification of that portfolio and therefore reduce risk. Risk is measured by the standard deviation and so it will fall.
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Answer: the standard deviation of returns of the portfolio C) decreases
Explanation:
