Answer:
a. In order to reduce pollution government can implement policies to clean the rivers or reduce carbon emissions to protect the environment. Carbon permits are their for companies to reduce their carbon emissions where as in case of polluting rivers government can regulate companies to find land filling sites to reduce pollution
b. The impact of regulation would be increase in the marginal cost. Output would be reduced based on the permit limits set for the chemical industry.
The increase in price of product is generally transferred upon the consumer.
Answer:
Denying your competition with the resources it needs to perform a deal and then getting the deal for your own company.
Explanation:
Ruthless is defined as having no pity or compassion. A ruthless business man is commonly described as taking advantage of others and engage in corrupt business practices.
The perfect example for a ruthless business man was John Rockefeller, who started wars in different continents, bribed government officials, and cheated on competing oil firms, etc.,etc.,etc.
Answer:
C) A firm's products are introduced into the market faster than its competitors' products.
Explanation:
Quick response refers to shorten the delivery time of products and services to meet the need of customers at the right moment. This is a way to survive the competition and increase the customer satisfaction. According to this, an example of competing on quick response wil be that a firm's products are introduced into the market faster than its competitors' products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage by being first.
Answer:
The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by:
the high cost of domestic labor.
Explanation:
An entity's ability to be globally competitive in the face of foreign manufacturers with low cost of labor is not helped by the high cost of domestic labor. The cost of direct labor forms part of the computations for the cost of a product and its pricing. Cheaper imports are more affordable to consumers than local products, thus causing consumers to prefer imports to domestic products.
The answer is; "these sites have <span>increased the cross-price elasticity for substitute products".
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When we evaluate the responsiveness
of the demand for any good towards the change in the price of a related good
is known as cross price elasticity of demand and it is
always measured in terms of percentage.
