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Reil [10]
2 years ago
8

For a product that has a large economic value, a firm can choose to charge the same price as competitors in order to ______. Mul

tiple choice question. increase return on invested capital maximize profit gain market share cover opportunity costs
Business
1 answer:
kirill [66]2 years ago
5 0

In order to <u>gain market share</u><u>,</u> some a firm whose product that has a large economic value do decides to charge the same price as competitors.

<h3>What is a market share?</h3>

A market share refers to an industry percentage that is earned by a particular company over a specified time

In conclusion, some firm whose product that has a large economic value charges the same price as competitors In order to gain market share.

Read more about market share

<em>brainly.com/question/25309906</em>

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Visibility, the road situation, and your physical condition can all influence your
Andrews [41]

Visibility, the road situation, and your physical condition can all influence your blind area.

Explanation:

A field of vision in an automobile is an area across the car which, under current conditions, the driver could not monitor directly during checks. A wide variety of vehicles contain blind spots, including airplanes, cars, motor yachts, sailboats and trucks.

The A-pillar (which is also referred to as a window pillar), sideview mirror or rear mirror in the inner of the rider's sideview mirrors might be obstructed by blindspots at the front of rider. The visibility can diminish behind passengers, freight, headrests and other pillars.

8 0
3 years ago
The Cascade Fresh yogurt company launched a very effective marketing plan strategy. The market responded, and customers flocked
MAXImum [283]

Answer:

The correct answer is C

Explanation:

As the yogurt company, launched a effective plan for the marketing strategy. But the market responded and the consumers flocked to purchase the yogurt. So, it means that the plan does not work in the market.

Therefore, the company need to update the market plan so that the more successful the plan will be it will require a revision and a faster plan.

7 0
3 years ago
In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions, Inc., coll
-Dominant- [34]

Answer:

$7 million

Explanation:

Investing activities: it monitors the operations that include buying and selling long-term assets. The buying is a cash outflow, while the selling is a cash inflow

The computation of the net cash flows is shown below:

Cash flow from Investing activities  

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Purchase of marketable securities (not a cash equivalent) -$5 million

Collection of note receivable only principal amount $11 million

Net Cash flow from Investing activities $7 million

6 0
3 years ago
Breckenridge Ski and Snow Board Rental Co. charges 67 for a one day rental. At that price they average renting 159 sets of appar
yawa3891 [41]

Answer:

Price elasticity of demand = 1.76

Explanation:

<em>Price elasticity of demand (PED) is the degree of responsiveness of demand to a change in price. </em>

<em>Where a percentage change in price produces a more than a proportional change in quantity, we say the product is price elastic. On the other hand, where a change in price produces a less than a proportional change in quantity demand, then demand is price inelastic </em>

PED is computed as follows:

PED = % change in quantity /% change in Price

% change in demand  =   (56- 67)/67 × 100 = 28.93081761

% change in price =16.41791045

PED = 28.93/16.4179 = 1.762

Price elasticity of demand = 1.76

3 0
3 years ago
The efficient markets hypothesis holds only if all investors are rational. True or false?
DiKsa [7]

Answer:

This is true, the efficient market hypothesis only holds if all the investors are rational, for example if an investor is not rational and wants to make a loss instead of profit, then the efficient market hypothesis wont hold as the investor will be acting in a way that wont benefit him. When the investor acts irrationally, then he wont react correctly to the information he has and buy or sell stocks which he isn't supposed to buy or sell and this will change the price of the stock from what the price of the stock should be.

Explanation:

5 0
2 years ago
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