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
Vera_Pavlovna [14]
1 year ago
7

Ken's lawn service co. operates in a perfectly competitive market. why doesn't ken try to increase his revenue by lowering his p

rice below the prevailing market price?
Business
1 answer:
galina1969 [7]1 year ago
3 0

High levels of competition characterize the market in which Ken's Lawn Service Co. operates. Why doesn't Ken strive to increase his revenue by lowering his pricing below the competitive market price given that he can sell as much as he wants at it

Perfect competition market  refers to a fictitious market structure. A scenario with perfect competition excludes monopolies. The following characteristics of this kind of structure are crucial: Each business is a price taker (they cannot influence the market price of their products).Market share has no bearing on price adjustments. The products being sold and the prices being charged in the past, present, and future are all fully known to the customers

Learn more about competitive market here

brainly.com/question/8753703

#SPJ4

You might be interested in
Ron,a new associate at Barkley and Sons,is working to cultivate personal relationships with individuals outside of his departmen
scZoUnD [109]

Answer:

B. Personal communication network

Explanation:

Personal communication network -

It refers to the method of establishing new connection or relation with various people, in order to expand his or her network, is referred to as Personal communication network.

The mode of communication can be with some digital gadget, telephone, or word to word communication.

Hence, from the given scenario of the question,

Ron tries to get to know various people, who may help to succeed in future.

As, connection with various people enables the person to get more and more knowledge and experience, thereby showcasing personal communication network.

6 0
2 years ago
DeConinck Soup Co. found that its canned nacho cheese sauce was too spicy for Americans in the East and not spicy enough for tho
Alla [95]

Answer:

D: Geographic segmentation

Explanation:

Geographic segmentation is defined as the marketing strategy that primarily aims to target the distinct choice preferences of the customers across a specific region or area. DeConinck Co. is employing this strategy to understand the consumer needs and cater to the different types of demands of their customers residing across the region by producing and marketing products accordingly.

6 0
2 years ago
Read 2 more answers
How do trade agreements help the countries involved?
devlian [24]
They are at a standstill with each other and can make business happen with each other. Therefore they're like associates or friends working together to better themselves.
3 0
2 years ago
At some point, everyone will have to deliver bad news. The bad feelings associated with this type of message can be alleviated i
a_sh-v [17]

Answer:

Make $200,000 in less than two month (Send me a message if interested)

If I told you that you could turn your spare time into a side-income online business, would you be interested?    

I recently became introduced to two guys that were able to make $960,824.41 within 31 days. These guys are “anti-gurus”... they’re everyday guys. Their students have generated millions, too.   And they also helped me to make over $200,000 in less than 2 months

I was able to convince them to show you how they did it on a free training event this week.

They’re sharing this for the first time and will show you how to turn your spare time into a $100,000.00 online side business.  

The best part? You can do this with NO experience / technical skills.

Explanation:

7 0
2 years ago
Taylor loves the lifestyle associated with being a salesperson, allowing her to take a day off during the week and make it up on
Readme [11.4K]

Answer: Flexibility

Explanation:

  According to the question, Taylor likes the flexible values so that she creates her own comfortable schedule.

The flexibility in the schedule provide the job satisfaction and balanced the life as she loves the lifestyle of being sales person.

It also helps in reduce the stress if you are satisfied with the work-life balance and also increase the productivity of an organization. Therefore, Flexibility is the correct answer.

3 0
2 years ago
Other questions:
  • Marco creates a budget for himself. He would like to buy ice cream once a week, but doesn't have enough money to do so in his cu
    10·1 answer
  • The Woods Co. and the Speith Co. have both announced IPOs at $63 per share. One of these is undervalued by $11, and the other is
    6·1 answer
  • Difference between uninsurable and insurable risks
    15·2 answers
  • 20 POINTS! Accounting Help!!! <3
    5·1 answer
  • Consider a 2.75 percent TIPS with an issue CPI reference of 184.2. At the beginning of this year, the CPI was 195.4 and was at 2
    11·1 answer
  • Five years ago, Tom loaned his son John $20,000 to start a business. A note was executed with an interest rate of 8%, which is t
    14·1 answer
  • Statement of Cost of Goods Manufactured and Income Statement
    11·1 answer
  • A(n) _____________ assists in decision-making by considering the product/service, market, industry, and financial data.
    12·1 answer
  • When a corporation sells stock to the general public for the first time, it is referred to as a(n)?
    13·1 answer
  • what is the population doubling time in years for a country with an annual growth rate of 3.5 percent?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!