Answer: b. Increases, decreasing
Explanation: For most companies, the web increases the threat that new competitors will enter the market by decreasing traditional barriers to entry. Traditional barriers to entry include
a. Economies of scale
b. Product differentiation
c. Capital requirements
d. Switching costs
e. Access to distribution channels
f. Cost disadvantages
g. Government policy
thus, by reducing some of these barriers to entry the Web increases the threat of new competition.
The answer to this question is Budget Deficit. Budget Deficit
shows that the government spending is exceeding the government revenue in a
year. In order to resolve the problem in budget deficit the government should
cut the expenditures or the government spending and find a way to increase
revenue of the country.
Explanation:
Companies could improve and implement differentiated services for customers.
What could probably happen is that tour companies offer a personalized service, faster and cheaper with the possibility of purchasing a skycar and jet, as hotel guests usually make a tour itinerary that requires high mobility costs, therefore offering this differentiated and cheaper service directly at the establishment would mean a focused differentiation strategy that would add several benefits, such as increased profitability and customer loyalty.
Answer:
Firms may be inclined to keep their workers’ wages above the equilibrium level.
Explanation:
The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.
Answer:
$4,292,699.99
Explanation:
Calculation to determine How much in new fixed assets are required to support this growth in sales
Full capacity sales = $800,000/0.95 = $842,105.26
Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000
Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99
