1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dezoksy [38]
3 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]3 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.

You might be interested in
A local family-run Greek restaurant has been a part of the community for twenty years. Their mission is to provide local, fresh,
Furkat [3]

The correct answer to this open question is the following.

Although there are not options provided, we can say that some additions that could be implemented which are aligned with this company’s values are the inclusion on the menu of organic food, vegan food, and kosher products so all kinds of customers can find a good option in the restaurant.

Another important thing is the way to market and communicate their innovations to consumers. In college, the son should have learned that the way a restaurant markets its products and services is as important as the kinds of food it offers.

8 0
3 years ago
In a perfectly competitive market, the market supply curve is a. always a horizontal line. b. the vertical sum of all the indivi
gayaneshka [121]

Answer: C.) Horizontal sum of all the individual firm's supply curve

Explanation: A perfectly competitive market, is that in which sellers or suppliers of a certain product are numerous such that a slight increase in price, and demand could fall to 0. Here, an individual seller has no control over the price of commodities. The supply curve tells how much quantity will be produced at different prices. Therefore the market supply curve is determined by all individual sellers individual price in other to determine the overall quantity to be produced at varying market price. Prices are drawn horizontally from the y-axis to determine quantity produced at different prices for each indivudual seller which is summed to generate the market supply curve.

4 0
3 years ago
Read 2 more answers
a bond has a face value of $1,000, an annual coupon rate of 7 percent, yield to maturity of 10 percent, and 20 years to maturity
rewona [7]

The bond that has a face value of $1,000 has a duration of 10 years.

<h3>What is a bond?</h3>

A bond is a type of security in the financial world where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to repay the bond's principal (i.e., the amount borrowed) at the bond's maturity date as well as interest (referred to as the coupon) over a predetermined period of time. The interest is typically due at regular intervals, such as every six months, once a year, and less frequently at other times. To finance long-term investments or, in the case of government bonds, to finance immediate expenses, the borrower can obtain external funds through the sale of bonds. Both bonds and stocks are considered to be forms of security, but the main distinction between the two is that (capital) stockholders have an equity stake in a company, whereas bondholders have a creditor stake.

To learn more about bond, visit:

brainly.com/question/28362992

#SPJ4

5 0
1 year ago
A physical inventory on December 31 shows 4,000 units on hand. Eneri sells the units for $13 each. The company has an effective
stira [4]

<em>Answer</em>:

<u>$52,000</u>

Explanation:

Remember, the FIFO inventory costing method records the inventory value based on the cost of the earliest (first) purchased or in hand balance.

The effective tax rate would usually be applied after the sales, however using FIFO we assume the first value of the inventory prior to the tax deduction.

= 4000 x $13

= $52,000

Therefore, the gross profit for the period is $52,000.

4 0
2 years ago
Read 2 more answers
Answer ASAP will give 45 points
Licemer1 [7]
Sorry I’m not really sure of the answer
4 0
3 years ago
Read 2 more answers
Other questions:
  • The manufacturing overhead budget at Pendley Corporation is based on budgeted direct labor-hours. The direct labor budget indica
    8·1 answer
  • Unearned revenues are generally revenues that have been earned and received in cash revenues that have been earned but not yet c
    8·1 answer
  • Roberta is trying to decide whether to vote for a political candidate. based on what she has read about him, she has concluded t
    12·1 answer
  • The economy is in long-run equilibrium: Select one:
    5·1 answer
  • George murdock discovered that only a few jobs were consistently male-dominated in his study of 324 societies around the world.
    11·1 answer
  • Graber Company had $130,000 in sales on account last year. The beginning accounts receivable balance was $18,000 and the ending
    6·1 answer
  • Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future v
    11·1 answer
  • A back up copy is also called?
    8·1 answer
  • Which method of backing up digital photographs involves physical storage of files?
    13·1 answer
  • Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!