Answer:
1) It is a price floor which is binding as employeer cannot hire teenagers willing to work below 24 dollars per hour
2) it is a price celling and is biding as the current equilibrium price is 3.00 There will be shortage as demand will icnrease for the lower price but supply decrease as it is not as profitable
3) it is a price floor which is also binding as the equilibrium is at 3 dollars the supplier will have to increase price and sales volume will be lower as demand will drop
Explanation:
The answer is "open innovation".
It is because that organizations have found that with a specific end goal to create enough helpful new item thoughts, they have to make utilization of open advancements by which an association creates key connections to outside individual or association keeping in mind the end goal to make new item thoughts. Open innovation is a term used to advance a data age outlook toward advancement that runs counter to the mystery and storehouse mindset of conventional corporate research labs.
Answer: All of the Above
Explanation:
The Clayton Act of 1914 was passed to curb unfair business practices as well as to protect the rights of labour.
Some practices that were prohibited when they led to less competition include,
- A firm acquiring a major percentage of the stocks of a competing firm because this could signify an amalgamation of efforts on the part of both firms and they could therefore have some control over Pricing.
-A director from one business sitting on the board of a competing firm because this could lead to cooperating or Corperate espionage.
- A buyer is forced to buy multiple products from a producer in order to get a desired product is expressly forbidden.
Maidenform and its major brands have strong brand equity.
Explanation:
Brand stocks refer to the added value of a single company for the same commodity. This renders one substance better than others. Brand loyalty renders a company better or worse than other brands.
Apple: Apple's market share best example.
Brand equity includes three basic components: the understanding of customers, negative or beneficial consequences and the resultant valuation.
Name equity funds also operate in the same market or field.
