Answer:
O the perceived demand and marginal revenue curves for each firm will shift to the left.
Explanation:
Monopolistically competitive industry is an industry that has many firms that produce similar but differentiated products. The products are differentiated through branding.
As more firms enter the industry, both the perceived demand and marginal revenue curves for each firm industry will shift to the left. This is because, new firms have made available more substitutes to existing products making the demand for existing products to reduce. As the demand reduces, demand curve shift to the left, and this also makes marginal revenue to shift to the left.
Working for a nonprofit company that lacks financial resources or working for a start-up company that lacks the infrastructure and discipline found in mature companies can be considered INSTITUTIONAL<span> STRESSORS.</span>
Answer:
These are the options for the question:
a. print media are different in Europe, and it would be difficult to create a global campaign.
b. advertising regulations differ in other countries, including advertising to children.
c. domestic advertising agencies cannot earn commissions on advertising they place overseas.
d. research indicates that European children do not eat breakfast as often as American children.
e. literacy rates are significantly lower in Europe, and print ads would be ineffective.
And this is the correct answer:
b. advertising regulations differ in other countries, including advertising to children.
Explanation:
Breakfast cereal is a product that is often marketed to children, although it is also marketed to other demographics. Because Celia has decided to avoid the U.S. market, she will depend on the European Market to make a profit.
If she introduces her product in a European Union member state, she will have to read upon the European Union regulations for advertising targeted toward children. If she introduces her product in a country that does not belong to the European Union, she will have to find out about each specific country's advertising law.
Answer:
d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.
Explanation:
- Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.
- Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.
Answer:
Unit sales level multiplied by a constant unit contribution margin.
Explanation:
The change in period-to-period operating income when using variable costing can be explained by the change in the Unit sales level multiplied by a constant unit contribution margin.
Hope this helps!