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Vitek1552 [10]
3 years ago
9

Andy compares mattresses. A twin-sized NightSoft mattress at the large chain BuyRite costs $1,500. The BuyRite saleswoman tells

Andy that the company's 24-hour customer service, free mattress cleaning, and 60-day return policies are the best in the business.
A similar twin-sized model, the DarkNights mattress, at the small store Joe's Bed and Linens, costs $1,495. The salesman at Joe's tells Andy that this store offers a 30-day money-back guarantee, plus free delivery.
Which of these is Andy experiencing?
Non-price competition in a monopolistically competitive market
Non-price competit
Business
2 answers:
Yuliya22 [10]3 years ago
6 0
It seems that you missed some of the options to answer this question, but anyway, here is the answer. Based on the given scenario above wherein Andy compares two stores selling the same model of mattresses, the one that Andy is experiencing is a non-price competition in a monopolistically competitive market. The answer would be the first option. Hope this helps.
Margarita [4]3 years ago
3 0

Answer:

Non-price competition in a monopolistically competitive market

Explanation:

Monopolistic markets are characterized by a small number of firms that sell similar products and compete through differentiations in products or services, but whose prices are similar, ie not competitive price.

The narrated case is indicative of monopolistic competition, since the product and price are similar and what differentiates firms is the type of service provided. In one case, there are 60 days changeover and 24-hour customer service and free product cleaning. In the other case, the store offers 30 days for exchange and free delivery at cost. The intuition of each store in these types of post-purchase services is to generate a differentiation in its product, which is similar to that of the other store, in order to attract the customer. Therefore, there are few firms, the competition is non-price, with similar products and with small directions in service, all these parameters are from a monopoly competition market.

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Robinson Manufacturing found the following information in its accounting records: $523,000 of direct materials used, $215,000 of
cupoosta [38]

Answer:

Company’s Cost of Goods Manufactured = $1,506,500

Explanation:

Use following formula to calculate cost of goods manufactured

Cost of Goods Manufacture = Direct Material cost + Direct labor cost + Manufacturing overhead + Work in process beginning balance - Work in process Ending balance

Cost of Goods Manufacture = $523,000 + $215,000 + $774,500 + $78,000 - $84,000

Cost of Goods Manufacture = $1,506,500

3 0
3 years ago
Assume you had determined that John Firestone, vice president of Pierce Chemicals, was a prospect for your paper and metal conta
Nuetrik [128]

Answer: Please refer to Explanation.

Explanation:

1. Honesty.

State the purpose of your call to the secretary and sell your product. For instance, " Hello, my name is Mr. Petal and I represent a fast rising Paper and Metal Container company. After researching about your company, I felt it most expedient to get in touch with Mr. Firestone as I believe this is business he will be interested in. We offer perks that are unmatched in the industry".

2. Persistence.

You can be persistent on the phone if you detect deceit in the secretary's tone.

For instance,

" Having been in the chemical industry myself, I know such an opportunity does not come often and I really do guarantee that we give the best benefits in the industry. If you can, just let me talk to Mr. Firestone, I promise that neither of you will regret it".

If it still doesn't work, ask for a convenient time you can call back.

4 0
3 years ago
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Answer:    Flying cars??

Explanation: Im 99.9% sure it will happen.

8 0
3 years ago
For this question, assume that the Phillips curve equation is represented by the following: πt − πt−1 = (m + z) − αut. Which of
likoan [24]

Answer:

Correct option is C

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Phillips bend clarifies the connection between expansion rate and joblessness rate. As indicated by it there is a reverse connection between the joblessness rate and swelling rate. It implies there is an exchange off among expansion and joblessness rate.  

The strategy ramifications of Phillips bend is that administration can't lessen swelling and joblessness together. It joblessness decreases, at that point the economy must acknowledge higher expansion. Then again, on the off chance that economy lessens expansion, at that point it must acknowledge higher joblessness.  

When there is synchronous change in the swelling rate and joblessness rate then this is an instance of development along the short-run Phillips bend.  

Then again, when either joblessness rate or swelling rate stays unaltered while different changes then it prompts moving of short-run Phillips bend.

3 0
3 years ago
Why are business office established​
madam [21]

Answer:

Mark me Brainliest

Explanation:

A business office is one which is established by the individuals or governments for the production and distribution of goods and services with a view of earning money by satisfying the consumers.

4 0
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