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3 years ago

When one group controls an industry or market by being the only provider, this is called _____.

1 answer:

6 0

When one group controls an industry or market by being the only provider, this is called MONOPOLY.

Mono - Greek monos means one or single
Poly - Greek polein means to sell.

Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.

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2.June Cunningham deposited $54,200 in the bank on January 1, 2006. On January 2, 2016, this deposit has accumulated to $106,611

cupoosta [38]

Answer:

Interest rate= 4.61%

Explanation:

The future value of an investment is the accumulated sum(principal plus interest ) after being invested at a particular rate for certain period of time.

FV = PV × (1+r)^(n)

FV =Future Value - 106,611

PV = Present Value -$54,200

r- interest rate- ?

n- 15 years

So substituting into the formula, we have

106,611= 54,200 × ( 1+r)^15 =

(1+r)^15= 106,611/54200

(1+r)^15= 1.96699262/15

find the log of both sides

15 log (1+R) = log 1.9669

Log 1+r = log 1.9669/15

Log 1+r = 0.019586849

finding the log inverse

1+r = 1.046132872

r = 1.046132872 -1

= 4.61%

3 0

3 years ago

For claims about the product, positioning statements should: ________________a. cite all of the benefits that the brand offers.

Eduardwww [97]

Answer:

Letter a is correct. Cite all of the benefits that the brand offers.

Explanation:

A positioning statement can be defined as a tool whose main objective is to align marketing efforts with the brand and the value creation proposal. That is, it is the description of how a product or service will satisfy the needs and desires of the determined target market.

The benefits of this internal tool, is to provide a clearer and more focused vision that will help the brand to position itself in the market. It is a way of declaring the desire for how the brand should be perceived.

Therefore, in a product complaint, it is important to mention all the benefits that the brand offers, so that the purpose of the product's functionality is reinforced and better understood, so that the benefits are valued and the perception of the product is improved.

6 0

3 years ago

Why do interest inventories compare your interests with the interests of others?

vaieri [72.5K]

I believe the answer is: to match you with a career that someone with your same interests enjoys

People with similar interest have a really high chance of having similar personalities. Because of this, interest inventories would determine that if other people who have similar interest with you enjoy a certain type of career, that you would most likely also enjoy that type of career.

7 0

3 years ago

Read 2 more answers

When the Federal Reserve lends money to banks and other financial institutions because no one else will, it is: Please choose th

inessss [21]

The Federal reserve is acting as a lender of last resort when its lends money to banks and other financial institutions because no one else will/

<h3>What is the Federal Reserve?</h3>

It is the United states central banking system that is responsible for the nation's monetary policy and regulation of the supply of money and interest rates.

One of the role of Federal reserve is to act as a lender of last resort when its lends money to banks and other financial institutions because no one else will.

Therefore, the Option A is correct.