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dezoksy [38]
2 years ago
6

Jeff is an entrepreneur who decided to start an online bakery. Since all his business will be done online and he can bake in his

home kitchen, he is saving building and other brick-and-mortar costs that allow him to pass these savings on to his customers.
Reducing prices to customers is an element of:

A. productivity.
B. resource distribution.
C. equilibrium pricing.
D. competition.
E. efficiency.
Business
1 answer:
nekit [7.7K]2 years ago
6 0

Answer:

competition                  

Explanation:      

In simple words, competition refers to the tendency of two or more parties to perform better than one another for the sake of own personal benefits. In business, competition can be done from various perspectives like price or quality.

In the given case, Jeff has been producing at a lower cost but despite of earning high profits he is willing to sell for lower prices with the motive of competing in the market and gaining higher market share.

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<span>The owners of a corporation don't have to work together to make all of the business decisions.

</span>An advantage of corporations enjoy over partnerships is that the owners of a corporation don't have to work together to make all of the business decisions, while this is true for partnership. Partnership<span> generally has more money to invest in starting or expanding a business.</span>
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3 years ago
in forward and futures contracts, the risk of non-fulfilment of contract terms is most likely borne by:
topjm [15]

In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.

<h3>What are forward and futures contracts?</h3>

The difference between a forward and futures contract lies in their establishment.

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Learn more about forward and futures contacts at brainly.com/question/15581105

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1 year ago
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Shtirlitz [24]
The answer would be A.
5 0
3 years ago
Read 2 more answers
state four measures that may be taken by the government to control inflationstate formations that taken by the government to con
Margarita [4]

Answer:

see below

Explanation:

The government takes contractionary measures to check against rising inflation. Contractionary policies reduce liquidity in the market, thereby reducing the rate of money circulation.

<u> Four measures that may control inflation include</u>

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2. <u>Increasing reserve requirement:</u> Reserve is the proposition of customer discounts that commercial banks are expected to maintain at their custody at all times. Increasing the reserve requirement means banks will reduce lending, thereby reducing the money supply in the economy.

3. <u>The open market sells</u>: The government makes available many treasury bills and bonds for purchase in the market. It offers attractive rates that encourage banks and other institutions to buy them. Buying the treasury bills means banks will use a substantial percentage of customer deposits on treasury bills other than lending to customers. Open market sales mop up excess liquidity in the markets, reducing the rate of cash circulation.

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2 years ago
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