Complete Question:
If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is
Group of answer choices:
A. they will both increase market share.
B. they will simply neutralize one another's efforts.
C. they will both lose market share.
D. they will both improve their industrial position.
Answer:
B. they will simply neutralize one another's efforts.
Explanation:
If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is they will simply neutralize one another's efforts.
A monopolist can be defined as an individual who is engaged in selling a unique product in a market without any competitor. Also, a monopolistic competition involves various firms engaged in monopoly competes with one other, but selling products that are unique and distinct from the other.
Hence, when two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, this would result in one monopolist effort canceling or nullifying the effort of the other. This simply means that, it would have been as though none of them had made any effort at all because they were both involved in doing the same thing. Thus, making the market the same as it were originally prior to their advertising efforts.
There are numerous types of part time jobs are available nowadays in order to earn money for the qualified workers. People can earn through part-time jobs without quieting their full-time opportunities.
<h3>
How much does Percy earn each hour? </h3>
Correct option is C.
For the answer to the two questions above,
3x + 2y = 36.50.... (1)
2x + 5y = 50..... (2)
Then, Eliminating x from the two equations by subtraction:
First we multiply equation 1 by 2 and equation 2 by 1.
6x + 4y = 73
6x + 15y = 150
After that, Subtracting the two,
-11y = -77
y=-77/-11
y = 7
He earns $7 at the coffee cart.
Then, Substituting y into equation 1,
3x + 14 = 36.5
3(7)+14=36.5
x = $7.50
Therefore, he earns a greater wage of $7.50 at the library.
Learn more about part-time jobs, refer to the link:
brainly.com/question/919744
Answer:
When Manufacturing of a Product involves several processes.
Explanation:
When several processes are involved in manufacturing a product, costs need to be accumulated in these processing departments. Thus, A process cost accounting system is most appropriate
Answer:
The correct option which represents the ultimate goal of capital budgeting is D) .
Explanation:
Capital budgeting is a kind of planning process which an organization undertakes to see if the investments or projects ( usually long term ) they are considering to invest in are worth funding . This process actually begins with the compiling a list of potential future projects. The ultimate goal of this process is to estimate what would be the effect on organizations cash flow , if a project is accepted or rejected.
Frequently lacks effective communication channels across departments. Communication between departments can be an issue in this structure.
