"industry incumbents discourage customers to move to new entrants by __________. "

1 answer:

4 0

The answer to this question is raising the shifting costs
Shifting cost refers to the additional cost that incurred for uninsured patients when they're applying for the same service as the insured patient.
This type of service usually has a really big payment, so the customers who want to shift feel that their money will be wasted if they choose to do so.

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A model of demand predicts that a rise in price will cause a decrease in the quantity of a good consumers want to buy anda in pr

luda_lava [24]

Answer:

Option (a) is correct.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the product and the quantity demanded for that product. Hence, if there is an increase in the price of the good then as a result this will decrease the quantity demanded for the good and if there is a fall in the prices of the goods then as a result the quantity demanded for the goods increases.

Therefore, the change in the price level of the goods represents the cause and its effect is the change in the quantity demanded for the goods that a consumer want to purchase.

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3 years ago

Two stockbrokers, in clear violation of the rules of their employer, sold worthless stocks to unsuspecting customers. There was

ZanzabumX [31]

Answer: Yes they did.

Explanation:

Apparent Authority refers to a scenario where a Agent is assumed to have the power to act on behalf of a Principal regardless of if said authority had not being expressly given whether implicitly or otherwise.

It is worthy of note that this power is only valid if the third party in the transaction assumes from the conduct of the agent, that they have such powers to act.

It is stated in the text that there was no question that the brokers had the actual or implied authority to sell the stock meaning that the Principal had not done enough to show that the agents did not have the Authority to act as they did. For this reason, they can indeed be sued under the Principle of Apparent Authority.

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3 years ago

How to paraphrase this information

Bumek [7]

When paraphrasing, you must summarize the info without losing any of the key points.

You could say "Please submit your budget requirements for major purchases in order of highest priority to lowest priority to assist in annual planning."

This sentence hits all of the key elements more succinctly.

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3 years ago

D(1)=13 d(n)=d(n-1)+17

avanturin [10]

Answer: (d,n)=( $\frac{221}{25}, \frac{1}{13} )$

Explanation:

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According to the heckscher-ohlin theorem, trade arises are due to

Dominik [7]

According to the heckscher-ohlin theorem, trade arises are due to Differences in relative factor endowments and intensities.
 Differences in relative factor endowments and intensities will create a different in prices between one nation and another. This difference will create a leverage for each nation to trade with one another in order to use their resource more efficiently.

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3 years ago