Answer:
Rivalry among existing competitors is high when competition is fierce in a market and low when competitors are more complacent.
Explanation:
The market in this case is a general place or area where the business of trade can be conducted. The trade is usually for commercial purposes. In a market where there are many parties involved particular in the sale of the same goods or services, competition is likely to develop. Competition in the context of marketing is the activity of a company or business trying to gain an upper hand over the other party. Competition is always over the same products and services or over similar target audience. The main aims of competition in business is to achieve more sales or to gain a larger share of the market over the competition. Business competition is important due to various factors; improves service delivery, makes the business better, improves employee efficiency and also boosts innovation.
An existing competition in a market can be defined as either high or low depending on the level of aggression by the competitors in that market. A fierce market is one where the competitors are very aggressive, this means that the rivalry among existing competitors is high. On the other hand, when the competitors are complacent, the rivalry in the market is low
Answer:
Market A: 
Market B: 
Explanation:
Market A: 
........................ (1)
Market B: 
........................ (2)
MC = m = 20 ............................................... (3) for both markets
For Market A:
Profit maximizing price can be obtained when 
Therefore, we have:
Substituting 50 for 
in equation (1), we have:
For Market B:
Profit maximizing price can be obtained when 
Therefore, we have:
Substituting 80 for 
in equation (2), we have:
Answer:
The price of the put-option on the same stock with the same strike price is $3.75.
Explanation:
To find the price of the put option on an underlying asset given the price on the call option's price for the same underlying asset with the same strike price is given, we apply put-call parity model.
Put call parity model: p = K x e^(-rT) + c - St .
in which: p: put option's price;
K: underlying asset's strike price;
r: risk-free rate;
T: time to maturity denominated in year;
c= call option's price;
St = spot price of underlying asset .
So, p = 50 x e^(-0.06 x 1/12) + 1 - 47 = $3.75 .
Answer:
$187,200
Explanation:
Given that,
Company's Finished Goods inventory Debited = $218,000
Company's Finished Goods inventory credited = $218,000
Ending balance in the Finished Goods inventory = $13,000
Manufacturing overhead was overapplied by $36,700.
Applied manufacturing overhead = $223,900
Actual manufacturing overhead cost for the year:
= Manufacturing overhead applied - Manufacturing overhead overapplied
= $223,900 - $36,700
= $187,200
Answer:
C
Explanation:
This is the only toy listed.
