Business, 11.08.2021 01:30 putaprincess16
True Home , Super Cart Inc., and Daily Things Inc. are three consumer-product retailing companies. Their products consist primarily of day-to-day items that are easy to imitate and sell. All three companies use the same resources and capabilities in the production and distribution of their products. Which of the following is an implication of the market condition indicated in this scenario?
a. Resource immobility of the firms will be low.
b. The industry structure will be far from perfect competition.
c. Barriers to entry within the industry will be high.
d. Any advantage that one firm has will be short-lived.
Answers: 1
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
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Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 22:20
David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)
Answers: 1
Business, 23.06.2019 05:30
What are some examples of types of investments on the part of manufactures that result in growth? how does this improve a nation's standard of living?
Answers: 3
True Home , Super Cart Inc., and Daily Things Inc. are three consumer-product retailing companies. T...
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