The research design evidently has a problem with <u>"validity".</u>
Validity refers to how well a logical test or bit of research really allots what it sets to, or how well it mirrors the truth it professes to speak to. Like reliability, validity in this sense is an idea drawn from the positivist logical convention and necessities particular understanding and utilization with regards to qualitative research.
Answer:
d. a monopoly firm reducing its price in an attempt to maintain its monopoly.
Explanation:
In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.
Adirondack Marketing Inc.'s Factory Overhead per unit of Product A is <em>d. </em><em>$222.09</em><em> per unit.</em>
Data and Calculations:
Overhead Total Direct Labor Hours DLH per Product
A B
Painting Dept. $251,700 10,200 9 5
Finishing Dept. 61,700 11,900 5 6
Totals $313,400 22,100 14 11
The overhead rate for a unit of Product A in the <u>Painting Department</u> = Total overhead in the Painting Department divided by Direct Labor Hours, multiplied by <em>direct labor hours per unit</em> of Product A.
= $222.09 ($251,700/10,200 x 9)
Thus, for a unit of Product A, the overhead rate in the <u>Painting Department</u> is $222.09.
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You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties on a regular basis. this typical fee structure for a franchise is an Example Of an advantage For An Franchisor.
In the aforementioned scenario, we first pay the initial franchise fees and then we are required to pay royalties on a regular basis. As a result, it is obvious that the franchisor benefits financially and that overall growth also benefits because the franchisor does not assume any risk in the Planet Fitness Gym; instead, they merely provide their franchises and receive regular basis income.
Additionally, they lower market and gym startup costs, among other things. They also gain from the fact that opening a new gym raises the value of their brand in the marketplace, which helps the franchisor long-term and accelerates their overall growth.
A franchise is a kind of license that gives a franchisee access to a franchisor's confidential company information, operational procedures, and trade names, enabling the franchisee to conduct business under the franchisor's brand.
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<span>If a firm has an incentive to increase supply now and decrease supply in the future, then the firm expects that the prices for the firm's product will be lower than the prices that have been set in the present. In the present case as the supply is increased, the prices are higher as the demand is higher. Then at later point of time when the supply is decreased, then demand also decreased, then the prices are likely to come down.</span>
