Answer: A consequence of their failure is that, relative to the outcome the vendors would like,
<em><u>(i) the quantity of hot dogs supplied is closer to the socially optimal level. </u></em>
<em><u>(ii) the price of hot dogs is closer to marginal cost. </u></em>
In this case the hot vendor are relatively creating externalities. i.e. Hot dog vendors on the beach fail to cooperate with one another on the quantity of hot dogs they should sell to earn monopoly profits.
Answer:
sales account debited Rs.30000
To computer accounted Rs. 30000
Furniture account debit Rs.70000
To Furniture house account Rs.70000
salary account debit Rs 40000
To cash account Rs 40000
Bank account debit Rs 70000
To sales account Rs70000
Answer:
b. attempts to provide a product with greater customer value than the first mover.
Explanation:
In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.
A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.
This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.
Answer:
Debit: $300
Credit: $300
Explanation:
See attached picture for explanation.
<span>Speech-language pathologists must be able to listen to and communicate with their patient in order to determine the right course of treatment.
Answer: </span>
<span> A Speech-language pathologists must be able to listen to and communicate with their patient in order to determine the right course of treatment.</span>
