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
Inessa [10]
3 years ago
8

Suppose that the vast majority of 3/4 ton pick-up trucks in America are produced by companies A, B, C, and D and that they all s

ell for a similar price. If company A suddenly decides to reduce price substantially, what should company A expect? a. A revolt from Company A’s stockholders. b. A very large increase in sales. A very rapid and similar response by the other large firms in the industry. c. A "cease and desist" order from the Anti-trust Division of the Federal Justice Department. d. An announcement by the other major firms that they have no plans to match this price cut.
Business
1 answer:
andrew-mc [135]3 years ago
4 0

Answer:

b. A very large increase in sales. A very rapid and similar response by the other large firms in the industry.

Explanation:

As for the information there is no clear agreement to sell the goods at the same price, like that of other industries.

Further since all the companies follow the same price, there is no such differentiation.

In case one of the companies, in our case company A if decreases the price then it will abruptly that is in no clear sequence will increase its sales, and the after effects will also include the decrease in prices by other remaining industries that is B, C and D.

You might be interested in
The owner of Hanson Manufacturing is considering the idea of establishing a smoke-free workplace and instigating an incentive pl
klemol [59]

Answer:

$2000

Explanation:

According to CDC research, each employee who smokes costs his or her organization approximately $2000 per year due to reasons such as;

• Smoke breaks at work which accumulate to reduce the amount of time spent doing productive work.

• Health related issues resulting from smoking that may cost the organization money or cause the employee to be absent from work (research shows that smokers are absent from work more than non smokers.

Therefore, for each smoker who quits smoking, Hanson Manufacturing will gain approximately $2000 in productivity.

7 0
3 years ago
If the currency in circulation is $100 million, checkable bank deposits are $500 million, savings deposits are $300 million, and
andreyandreev [35.5K]

Answer: $610 million

Explanation:

M1 includes currency in circulation, checkable bank deposits and traveler's checks.

M1 = $100 million + $500 million + $10 million = $610 million

Savings deposits is part of M2

4 0
3 years ago
Joseph is trying to select a new couch for his living room. as he looks at each couch at the furniture store, he tries to visual
Elza [17]
spatial intelligence
6 0
3 years ago
Store A sells four times as many products as store B and one third as many as store C. If store C sells 105,960 products, how ma
nikitadnepr [17]

Answer: a. 8,830 products

Explanation:

Store A sells one third as many as Store C so if Store C sells 105,960 products, Store A would be selling:

= 105,960 / 3

= 35,320 products

Store A sells four times as many products are store B. If Store A sells 35,320 products, Store B would sell:

= 35,320 / 4

= 8,830 products

8 0
3 years ago
A major advantage of the corporate form of ownership is ______. Multiple choice question. unlimited legal liability ease of form
irinina [24]

The major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.

The corporate form of ownership means a business/organization that is operating as a legal entity, that is, it is run separate from the parties who own it.

In other word, the corporation which operates as legal entity is created for purpose of operating for profit for individuals, stockholders, shareholders etc

<u>Some </u><u>advantages </u><u>of </u><u>corporation </u><u>includes</u>

  • Owners has limited liability.
  • The easy transfer of ownership.
  • The corporations usually lasts forever.

In conclusion, the major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.

Read more about this here

<em>brainly.com/question/1705632</em>

5 0
2 years ago
Other questions:
  • Jan. 3 Loaned $21,600 cash to Trina Gelhaus, receiving a 90-day, 7% note. Feb. 10 Sold merchandise on account to Bradford &amp;
    10·1 answer
  • Gayle is talking with her insurance broker and is comparing prices with the broker, who shows her that Company A can sell her in
    13·1 answer
  • Elements within the requirements listing tables that should be reviewed annually under the internal control program will include
    7·2 answers
  • Casper consumes cocoa and cheese. Cocoa is sold in an unusual way. There is only one supplier, and the more cocoa you buy from h
    14·1 answer
  • The exit-voice-loyalty-neglect (EVLN) model Multiple Choice outlines the four consequences of emotional intelligence. is a templ
    12·1 answer
  • Which of these is an advantage of checking accounts?
    6·2 answers
  • Oakwood Inc. manufactures end tables, armchairs, and other wood furniture products from high-quality materials. The company uses
    8·1 answer
  • In each of the cases below, assume Division X has a product that can be sold either to outside customers or to Division Y of the
    14·1 answer
  • You deposit $1,000 into a 2 year Certificate of Deposit (CD), which earns 2% interest per year. During those 2 years, the inflat
    13·1 answer
  • Form 8889, Part 1 is used to report HSA contributions made by _______________. A. Carol B. Carol’s employer C. Carol’s cousin D.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!