Which of the following market structures involves a heterogeneous product and product differentiation among competing suppliers, allowing the marketer some degree of control over prices?A- Pure competitionB- MonopolyC- Monopolistic competitionD- Complementary monopolyCYou are
Answers
Monopolistic competition is a market structures which involves a heterogeneous product and product differentiation among competing suppliers, allowing the marketer some degree of control over prices. The correct answer is C)
Monopolistic competition is a market structure characterized by a large number of firms competing with each other. In this market structure, there is product differentiation, meaning that each firm offers a slightly different product from its competitors, leading to a heterogeneous product market. The differentiation can be achieved through branding, packaging, quality variations, or other features that make the products distinct.
In monopolistic competition, firms have some degree of control over prices because they can differentiate their products and create a perceived uniqueness, allowing them to have a certain level of influence over consumer demand. However, this control is limited compared to a monopoly where a single firm has significant market power or a pure competition market where there is no product differentiation, and firms are price takers.
In summary, monopolistic competition is the market structure that involves a heterogeneous product and product differentiation among competing suppliers, allowing marketers some degree of control over prices.
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Related Questions
Grace feels she has been sexually harassed by Linda’s unkind comments. What should Grace do immediately? a. Contact the EEOC for help b. Tell a supervisor what Linda said c. Document what Linda said d. Tell Linda to stop Please select the best answer from the choices provided A B C D
Answers
Answer:
d. Tell Lynda to stop
Explanation:
Although there are several policies guiding sexual harassment whether in a work place or society at large, it is however important that Grace ask Lynda to stop immediately.
Verbal sexual abuse can be stopped before it degenerate to Wilder form. However, if the person is abusing the other verbally fails to stop, then the person being offended may report to the relevant authorities for necessary action.
Everyone has the right to a safe environment without being sexually abused. However, if that happens, that firm action of saying stop should be the first thing otherwise you report to the relevant authorities if it persist.
_____________ is pricing a product at a moderate level and positioning it next to a more expensive model or brand.
a.
Reference pricing
b.
Prestige pricing
c.
Odd-even pricing
d.
Customary pricing
e.
Professional pricing
Answers
b. Prestige pricing By positioning a product next to a more expensive model or brand, the company can leverage the psychological effect known as the "prestige bias.
Prestige pricing refers to pricing a product at a moderate level and positioning it next to a more expensive model or brand. This strategy aims to create a perception of higher quality or exclusivity by association with the higher-priced product. By positioning a product next to a more expensive model or brand, the company can leverage the psychological effect known as the "prestige bias." Customers may perceive the moderate-priced product as being of similar quality or prestige due to its proximity to the higher-priced option. This strategy can attract customers who desire a certain level of status or prestige but may not be willing or able to pay for the top-tier option. Prestige pricing can be effective in appealing to customers who seek a balance between quality and affordability while also providing a perception of exclusivity or higher value.
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which is equivalent to ebit assuming the firm has no leverage?
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Operating Income is equivalent to EBIT (Earnings Before Interest and Taxes) assuming the firm has no leverage.
EBIT stands for earnings before interest and taxes. It is a measure of a company's profitability that takes into account both operating income and non-operating income. However, assuming that the firm has no leverage, there would be no interest expense to deduct from operating income. Therefore, the equivalent measure to EBIT in this case would be operating income.
EBIT represents a company's earnings before accounting for interest expenses and taxes. When a firm has no leverage, it means it has no debt and thus, no interest expenses. In this case, EBIT is equivalent to operating income, which measures the profitability of the firm from its core business operations, excluding interest and taxes.
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3. Most employers will pay their employees by directly depositing their paycheck into their checking account. According to his check account statement, John was a paid Every .
A. $200.00, 3 weeks
B. $694.81, 2 weeks
C. $300.00, 1 month
D. $100.00, 2 weeks
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Answer: B. $694.81, 2 weeks
Explanation:
John's payment will be an amount that is deposited into his account and therefore increases it. It will also have a detail that references it to being a salary such as wages, payroll, salary etc.
Looking at the statement, you will notice that there was a payroll payment of $694.81 on October 14,2018 which would make this John's salary. Two weeks later on October 28,2018, he got another payment which means that he gets paid twice a month and the salary is $694.81.
The payment made to John and its duration would be as follows:
B). $694.81, 2 weeks
Account StatementAs per the account details, the payroll payment dated 14th October 2018 displays an amount of $694.81.
This amount exemplifies his salary as the other transactions demonstrate withdrawals.
On 28th October 2018, he receives another payroll deposit of the same amount i.e. $694.81.
Therefore, it can be concluded that he is paid a sum of $694.81 every two weeks.
Thus, option B is the correct answer.
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Powers Company reported net sales of $1,280,000, average Accounts Receivable, net of $70,500, and net income of $54,425. The accounts receivable turnover ratio is:
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If Powers Corporation had net sales of $1,280,000, an average receivables, net of $70,500, a net income of $54,425 the customers receivable turnover proportion account be 18.14.
What are the three sorts of accounts?Accounting has three different sorts of accountsare three different sorts of accounts in accounting: real, personal, and nominal. Following that, real account is divided into two subcategories: intangible real account and tangible real account. Natural, Representative, and Artificial are three further subtypes of Personal accounts.
Net credit sales are calculated by subtracting credit sales returns plus allowances from total sales.
We shall presume that the credit sales returns or allowances are zero as we are not given any information about them. Therefore:
$1,280,000 is equal to net credit sales.
Calculations for the typical accounts receivable are as follows:
Average receivables are equal to (Starting receivables + Ending receivables).
P&L in accounting—what is it?A financial report called a profit or loss statement details how much money your company has spent and made over a given period of time. The term comes from the fact that it also displays your overall financial performance throughout that time. A statement of earnings and expenses is also sometimes referred to as an income statement or a P&L.
Typical receivables are at $71,500.
The accounts receivable inventory turnover can now be calculated as follows:
Net credit sales divided by the average amount owed makes up the accounts receivable turnover ratio.
The turnover of accounts receivable ratio equals $1,280,000 divided by $75,000
18.14 is the accounts receivable turnover ratio.
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why is an accountant necessary for an Enterprise?
Answers
Answer:
helps you track income and expenditures
Explanation:
I hope it's help
The Federal Reserve Act of 1913 required all ________ banks to become members of the Federal Reserve System, while ________ banks could choose to become members of the system.a. state; nationalb. national; municipalc. national; stated. state; municipal
Answers
Answer:
c. national; state
Explanation:
The Federal Reserve Act of 1913 required that banks that operated nationally had to join the Federal Reserve System. It was mandatory, and national banks had to do it.
It also allowed banks that operated on a state level to join the Federal Reserve System, but that was optional, it was not mandatory.
Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as
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Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
Answer:
courteousness
Explanation:
These are all attributes of a courteous individual.
How to be a successful entrepreneur?
Answers
Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answers
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment
what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
Answers
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
Mark me Brainliest
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of _____.
an efficient monetary policy
a national economy
a competitive marketplace
sound financial management
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An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.
What is the market?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.
As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.
Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.
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Indifference curves close to the origin are ________ those farther from the origin because of ________. Group of answer choices better than; transitivity worse than; nonsatiation better than; completeness worse than; transitivity.
Answers
Answer:
Worse than: nonsation
Explanation:
Indifference Curve is a type of curve that depicts all possible combinations of goods that gives the same satisfaction to consumer with the same as well as the same utility.
Indifference curves are also convex to the origin. That is they are bowed inward toward the origin.
A new company can offer stocks in an initial public offering (IPO) before the company has proven itself capable of generating long-term profits for its stockholders. If the company seems likely to generate profits, the stock price in the IPO will rise; if the company seems less likely to generate profits, the stock price in the IPO will fall. Today business analysts announced that the Tenon Corporation has turned a profit in the financial quarter just completed. Therefore, stock prices for the Tenon Corporation's IPO, which is planned for next week, will rise.
Which of the following, if true, most weakens the argument above?
A. Companies that do not have profitable quarters are not profitable in the long run.
B. Stock price predictions for the Tenon Corporation's IPO have varied markedly over the last several months.
C. The last financial quarter has proven profitable for numerous other companies in addition to the Tenon Corporation.
D. Industry experts announced today that the raw materials from which the Tenon Corporation manufactures its products will become prohibitively expensive within the next month.
E. Most people who purchase stocks in an IPO decline to attend stockholders' meetings of the companies in which they own stock.
Answers
Answer: D. Industry experts announced today that the raw materials from which the Tenon Corporation manufactures its products will become prohibitively expensive within the next month.
Explanation:
Costs eat into the profits of a company because the higher the costs of producing something, the less profit can be made after the costs are covered.
If there is a situation therefore, where the raw materials that Tenton relies on becomes more expensive, it is definitely going to affect their profitability because they will incur a higher cost to produce.
This will reduce their future profitability which would mean that Tenton becomes less likely to generate a certain level of profit in future thereby weakening their stock according to the logic above.
Write three sentences.What is summer mainly about and what is your fav thing about summer time?
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then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
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what is my profit margin ratio if my net income is $294 and my net sales is $3800
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Answer:
Explanation: Net Sales = $3800
Net income= $294
Profit margin ratio= Net income/Net sales x 100
=$294/$3800 x 100
=7.73%
The Department of Labor’s Occupational Outlook Handbook is relatively expensive and not available for use by the general public.
True
False
Answers
Answer: false
Explanation: just got it right
Company X is interested in improving its compliance with internal control procedures. During 20X1, Company X determined that compliance with internal control procedures was 92%. On December 31, 20X2, Company X took a random sample of 165 instances where internal controls should have been followed and determined that internal controls were followed 153 times. Can Company X conclude (at the .05 significance level) that the level of compliance with internal control procedures increased in 20X2 ?
Answers
No, Company X cannot conclude (at the .05 significance level) that the level of compliance with internal control procedures increased in 20X2.
What statistical analysis can be performed to determine if there was a significant increase in compliance?To determine if there was a significant increase in compliance with internal control procedures in 20X2, we need to perform a hypothesis test. The null hypothesis (H₀) would state that there was no increase in compliance, while the alternative hypothesis (H₁) would state that there was an increase. Since we are comparing proportions, we can use a two-sample z-test.
Let's calculate the test statistic:
First, determine the sample proportion for 20X1:
p₁ = 92% = 0.92
Next, calculate the sample proportion for 20X2:
p₂ = 153/165 ≈ 0.927
Now, calculate the standard error:
SE = √[(p₁(1-p₁))/n₁ + (p₂(1-p₂))/n₂]
= √[(0.92(1-0.92))/n₁ + (0.927(1-0.927))/n₂]
Assuming a significance level of 0.05, we need to find the critical z-value from the standard normal distribution. If the test statistic falls beyond this critical value, we can reject the null hypothesis.
Finally, calculate the test statistic:
z = (p₂ - p₁) / SE
Compare the test statistic with the critical z-value to make a decision regarding the null hypothesis.
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Type the correct answer in the box. Spell all words correctly. The demand curve has what kind of slope?
Answers
Answer:
Usually slopes downwards
Explanation:
in a negative association
Okay, Daily Question!
My friend is telling her crush she likes him and she wanted me to come up with a ship-name? I made some suggestions but she didn't like any of them and she gave me a deadline of 3:00 to give her a 'good' one. Here are the names:
Nate/Nathan + Addy/Addison
Have any ideas?
Answers
Explanation:
Naddison
NA
Natson
Naddy
Can someone please help
Answers
A job is a paid position. While a career is a professional path that a person would undertake in a field to be a professional there.
What are the distinctions between the two?A job is a paid position of employment that typically requires a set of specific duties and responsibilities to be performed on a regular basis. To me, a job represents a way to earn a living and support oneself, as well as a way to gain experience and skills in a particular field. Getting a job often involves applying for open positions, completing interviews and meeting certain qualifications or requirements. A common way of finding a job is by looking for job openings on various websites, or by networking with people in the industry.
A career, on the other hand, is a longer-term pursuit of a professional path or occupation, often involving a progression of positions or roles within a particular field or industry. To me, a career represents a sense of purpose, growth and development, as well as a way to contribute to the society and make a meaningful impact. Building a career often involves setting goals, acquiring new skills, and working one's way up through the ranks of an organization or industry. A common way of building a career is by developing a professional network, taking on extra responsibilities, and continuously learning and growing.
The main difference between a job and a career is that a job is a temporary position, while a career is a longer-term pursuit. A job is more focused on the present and immediate needs, while a career is more focused on the future and long-term goals. A job may require only basic qualifications, while a career may require more advanced skills and education. A job is often viewed as a means to an end, while a career is often viewed as a calling or a vocation.
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Which phrase best completes the diagram?
Benefits of Trade Barriers
Ensure self-reliance
Keep workers employed
?
A. Prevent retaliatory trade barriers
B. Promote domestic industries
O C. Increase economic efficiency
O D. Increase consumer choice
Answers
Answer: B
Explanation: just got it right on the quiz!!!
Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
Answers
what is 4+4x=8. What would x be???
Answers
The value of x that satisfies the equation 4+4x=8 is x = 1.
How to find the value xTo solve for x in the equation 4+4x=8, we need to isolate x on one side of the equation.
First, we can simplify the left side of the equation by combining the like terms:
4 + 4x = 8
4x = 8 - 4
4x = 4
Next, we can solve for x by dividing both sides of the equation by 4:
4x/4 = 4/4
x = 1
Therefore, the value of x that satisfies the equation 4+4x=8 is x = 1.
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which of the following statements is correct true regarding the pcaob? the pcaob is a nonprofit corporation, not an agency of the u.s. government. the pcaob will have five financially literate members who are prominent individuals of integrity and reputation with a commitment to the interests of investors and the public. the pcaob has authority to set standards related to public company audit reports and to conduct inspections of registered external audit firms. all of the above. none of the above.
Answers
Option d: The provided all the three statements about PCAOB are true about the PCAOB.
The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board (commonly known as the PCAOB), a private, nonprofit corporation, to regulate accountants who produce independent audit reports for publicly traded firms.
The PCAOB is a nonprofit organisation rather than a US government body.
There will be five financially literate members of the PCAOB who are well-known figures of integrity and reputation who are dedicated to the interests of the public and investors.
The PCAOB is able to conduct audits of certified external audit firms and set requirements for public business audit reports.
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Complete question:
Which of the following statements is correct true regarding the PCAOB?
The PCAOB is a nonprofit corporation, not an agency of the U.S. government.
The PCAOB will have five financially literate members who are prominent individuals of integrity and reputation with a commitment to the interests of investors and the public.
The PCAOB has authority to set standards related to public company audit reports and to conduct inspections of registered external audit firms.
All of the above.
None of the above.
What term describes the capability to move inventory quickly, safely, and cost-effectively?
Answers
Product transportation and handling assets describes the potential to move inventory quickly, safely, and cost-effectively.
What is transportation asset?Transportation Asset Management is a strategic and systematic process of operating, maintaining, upgrading, and expanding physical assets effectively throughout their life cycle.
What is the importance of asset management?Asset management allows the organization to keep track of all their assets. It can tell where the assets are located, how they're used, and when changes were made to them. the info from the asset management solution can ensure that asset recovery will lead to better returns.
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You have a small business. your first-year financials are as follows.
start-up costs $60,800
gross sales $65,800
total expenses $28, 500
income taxes $6, 370
what is the return on investment (roi)for your business?
Answers
The return on investment for the business with the given financials are as follows,
Start-up costs $60,800
Gross sales $65,800
Total expenses $28, 500
Income taxes $6, 370
Overall expenditure $95670
Return on investment, $65800- $95670
= $-29870.
What is Return on investment?Return on investment is a financial ratio used to calculate the benefit an investor will receive in relation to their investment cost. It is most commonly measured as net income divided by the original capital cost of the investment.
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5. The source document for all cash payments is a sales invoice. (P. 60)
true or false
Answers
Answer:
false
Explanation:
A sales invoice is an accounting document addressed to a client informing them of the amount they should pay for the goods or services provided. It details the services or products provided, the date, name of the client, the amount due, among other details. The invoice does not keep information on cash payments.
The check is the document that contains information on cash payments. The checkbook will retain details of all payments, such as amount, payee, and payment date. This data is useful in cash reconciliations.
The source document for all cash payments is a sales invoice. Thus, the given statement is false.
The source document for all cash payments is not a sales invoice. A sales invoice is typically generated when a company makes a sale to a customer, documenting the details of the transaction and serving as a request for payment. However, when it comes to cash payments, the source document is usually a receipt or cash voucher.
A receipt is issued to the payer as proof of payment received, providing information such as the date, amount, payment method, and details of the transaction. Cash vouchers, on the other hand, are internal documents used within a company to track and record cash payments made.
Thus, the given statement is false.
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patronage-oriented pricing seeks to match supply and demand by varying prices.T/F
Answers
False. Patronage-oriented pricing does not seek to match supply and demand by varying prices
Patronage-oriented pricing focuses on offering discounts or benefits to encourage customer loyalty and repeat business. It aims to reward and retain loyal customers rather than adjusting prices based on supply and demand dynamics.
In patronage-oriented pricing, the focus is on building long-term relationships with customers and creating incentives for them to continue patronizing a particular business or brand. This can be achieved through loyalty programs, membership benefits, exclusive offers, or personalized discounts. The objective is to create a sense of value and affinity with customers, encouraging them to choose the business over competitors and fostering customer loyalty.
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