1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nadusha1986 [10]
2 years ago
6

In a major metropolitan area, one chain of coffee shops has gained a large market share because customers feel its coffee tastes

better than that of its competitors.
Business
1 answer:
earnstyle [38]2 years ago
6 0

In this case,  buyers view the sellers' products as NOT identical.

<h3>What is sellers' products?</h3>

sellers' products serves the product of a company, that is been branded so as to gain more consumers.

In the case above above even though the product is coffee for both seller , their package and branding is different so therefore, they will attract different numbers of consumers.

Learn more about sellers' products at

brainly.com/question/25743891

#SPJ1

You might be interested in
During the recent​ recession, several European countries proposed austerity measures that would help shrink the size of the nati
antiseptic1488 [7]

Answer: Option A

Explanation:

In Europe during the recession the policy rate of the banks like LIBOR and EURIBOR etc were already very close to zero so unlike United states of america they were not able to decrease the rate further. The monetary policy of Europian banks and authorities saw a major failure in that period.

7 0
4 years ago
Certain contracts, such as those involving the sale of personal property for $500 or more:_______.
djverab [1.8K]

Answer:

B. Must be written to be enforceable

Explanation:

In the United state, sale of personal property for $500 or more must be written to be enforceable. These kind of contracts are said to be within the statute of fraud.

These types of contracts are called Sales contracts which is an agreement between the buyer and seller. For the amount of money involved, a written contract provides security and peace to the mind of all those involved in the contract, hence why deals above $500 must be written to be enforceable.

8 0
3 years ago
What is the relationship between a non-callable, option-free fixed rate bond's price and its yield?
Sophie [7]

Answer:

The relationship is that the price for these types of bonds is lower as the Yield is fixed and do not change over time.

The price of a Non-callable bond is cheaper than the price of the Callable bond as the Yield for a Non-callable bond is fixed. This suggest that the investor knows exactly what is the interest that is going to receive until the maturity of the bond.  

5 0
3 years ago
Supply chain analytics programs have many objectives that, if realized, would ______. a. offer lower prices for customers but le
ValentinkaMS [17]

Answer:

d. offer lower prices for customers and lead to greater customer satisfaction

Explanation:

Supply chain analytics programs have many objectives that, if realized, would offer lower prices for customers and lead to greater customer satisfaction.

Supply Chain Analytics can be defined as the use of data-driven intelligence in improving operational efficiency and effectiveness  to reduce customer service cost and increase customer service experience.

Therefore through the use of predictive modelling, businesses are able to understand the pattern of customer transactions which aids them in reducing transaction costs and improving their satisfaction.

7 0
3 years ago
Read 2 more answers
Determine the amount of producer surplus generated in the following situation. So­Hee advertises her car for sale in the used­ca
abruzzese [7]

Answer:

The answer is: $0

Explanation:

Producer surplus is the difference between the maximum price a suppler is willing and able to sell its product and the price of the product.

SoHee was willing to sell her car for at least $1,500, but she wasn't able to do so since the fair market price is $1,200. So, producer surplus is $0.

6 0
3 years ago
Other questions:
  • Vest Industries manufactures 40,000 components per year. The manufacturing cost of the components was determined as follows: Dir
    13·1 answer
  • In a competitive market with identical firms, A. firms cannot earn positive economic profit in either the short run or long run.
    8·1 answer
  • How is Japan dealing with economic concerns about an aging population?
    15·1 answer
  • Barry customizes Harley-Davidson motorcycles. No two cycles are alike. He notices that very few customers even ask the price of
    6·1 answer
  • Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
    6·1 answer
  • Ellie is spending her entire income on goods X and Y. Her marginal utility from the last unit of X is 100 and the marginal utili
    10·1 answer
  • A manager makes the following statement to a subordinate: "I need this report back in five minutes, and it better be perfect." W
    14·1 answer
  • Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase
    8·1 answer
  • Ten years ago, Ann was gifted a bond. If the investment earned an annual interest of 3.2% compounded quarterly for the life of t
    13·1 answer
  • Fundamentally, economics deals with:______.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!