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kicyunya [14]
3 years ago
5

Quick Eats is a fast-food restaurant that has recently entered the hospitality industry. Since most of its competitors are pursu

ing a low-cost position and doing well, Quick Eats also wants to adopt the same strategy. Which of the following will be a likely implication of this decision?
Quick Eats will face low profit potential. T/F
Business
1 answer:
ANTONII [103]3 years ago
3 0

Answer:

True

Explanation:

It is true because differentiated products (unique products) are expensive than the normal products which means that the company is earning extra profits due to its products uniqueness. And if the company is going to eliminate its uniqueness from the product then it is more probable that the profit share would be decreased because the customer will not pay the company extra as their is no uniqueness in the product.

You might be interested in
A company has $4,500 in its Revenue account at the end of a period. The expenses are as follows: Rent, $750; Utilities, $150; Sa
djverab [1.8K]
For the answer to the question above,
Revenue . . . . . . . . . . . . . . . . . . . .4,500

less: Expenses
Rent  . . . . . . . .750
utilities . . . . . . 150
Salaries . . . . . .2400
Insurance . . . . .225
(Since you are just in highschool I would assume insurance is expense, because there are insurance that are Payables and not expense)
Total  . . . . . . . . .  . . . . . . . . . . . . . 3525

Net income . . . . . . . . . . . . . . 975
I hope my answer helped you. feel free to ask more questions. have a nice day!
6 0
3 years ago
Why did laocoon throw a spear at the wooden horse
tino4ka555 [31]

Answer:

Laocoon threw the spear at the wooden horse when Trojans refused to believe him that the wooden horse was a trickery from Greeks.

Explanation:

Aeneid is a masterpiece of Virgil, that tells the tale of Aeneas.

In book 2, of the epic, the death of Trojan Priest Laocoo is mentioned. The book begins by unfolding the trickery that the Greeks were planning on Trojans by sending the wooden horse as a gift of peace. Since, they had a war between them for ten years, Trojans agreed to accept the gift as they wanted peace. But it was Laocoon, who suspects the reason of sending the wooden horse.

<u>Laocoon tried to convince the Trojans that they do not accept the wooden horse, but they refused to listen to him. In his anger and rage, Laocoon threw his spear at the wooden horse, only to reveal that it was hollow from  inside.</u>

8 0
3 years ago
Determine which one of these three portfolios dominates another. Name the dominated portfolio and the portfolio that dominates i
SashulF [63]

Answer:

(C) Portfolio Yellow dominates Portfolio Blue

Explanation:

Please see attachment

8 0
3 years ago
At his comic book store, Korey’s Comics, Korey sells approximately $3,250 in comic books each month. But as a comic book dealer,
Viktor [21]

Answer:

a. 1,090

Explanation:

Without any other information provided, the easiest way to answer this question is to make directly the calculations of income and costs. the logic behind this problem is to calculate all the income and substract the costs of production, in this particular case we have:

+Income: 3,250

-Cost of goods: 1,285

-Operating expenses: 875

Net Income: 1,090

6 0
3 years ago
Read 2 more answers
While corporations in Texas benefit from "pro-business" policies, including no income tax, taxes on corporations are still colle
german

Answer:

franchise

               

Explanation:

A franchise tax refers to a government fee  levied on a few companies like businesses and associations with a connection in the country by some US states. A franchise levy is not income-based. Somewhat, the classic estimate of a franchise tax is predicated on the individual's net value or capital.  

According to the tax regulations in each jurisdiction, the level of a franchise tax in a particular state can vary widely. Many jurisdictions will determine the sum of franchise tax due on a basis of the assets of the company or net worth, whereas others will refer to the performance of the company's physical capital.

7 0
3 years ago
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