Answer:
a. increase price in the short run but not in the long run.
Explanation:
The firms don't use resources that are available in limited quantities. So, as firm output increases, they can use resources in higher quantity but at the same price.
Therefore, as quantity demanded increases, the firms can supply higher quantity without any increase in resource cost. So, price increase in short run but not in the long term.
Answer: B
Robert is in the Evaluation of alternatives stage of the buyer decision process.
Explanation:
The various stages which consumers go through when they are considering a purchase are as follows:
Problem or need recognition , Information search
, Evaluation of alternatives
, Purchase
, Post-purchase behavior
Evaluation of alternatives is the third stage in the Consumer Buying Decision process. In this stage, the consumers evaluate all their options based on the attributes of the products which is capable of delivering the benefit/ satisfaction that the consumer intends to get. Comparing the products (i.e different brands of products that is capable of satisfying the consumer needs), shows the alternatives being considered by consumers during the problem-solving process.
Therefore Robert, trying to choose between : Waterbags for Roadies, Supertanker Hydropacks, and Fast Water is in the stage of Evaluation of alternatives stage. Therefore the answer is B
Surveys and Interviews. Hope this helps
Hey there,
Getting the first job would probably be the hardest. So the answer is C.
Hope this helped, have a great day :)
Answer:
d. hostile takeover; tender offer
Explanation:
The hostile takeover is the transaction of the merger in which the management of the firm i.e. targeted would not support and acquirer could attempt to gain the control for purchasing the enough shares. And this could be achieved via a tender offer
Therefore as per the given situation, the option d is correct
hence, the same is to be considered
