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ipn [44]
3 years ago
10

What are the likely reason(s) that the market for dress shirts is not perfectly competitive? please select all that apply?

Business
2 answers:
tekilochka [14]3 years ago
4 0

Answer:

Dress shirts are not a standardized (homogeneous) product.

Explanation:

Standardized products are more homogeneous in their characteristics and therefore more easily found, and the price also tends to be more influenced by competition, tending to be lower than the differentiated ones in the same range. Moreover, these products end up attracting a large number of producers and establishes imperfect competition between them.

The market characteristic of imperfect competition is one that is characterized by the great possibility for sellers to influence demand and prices by means of product differentiation, advertising, lower added value, brand, etc.

An example of a standardized product that establishes an imperfectly competitive market is the dress shirt.

s2008m [1.1K]3 years ago
3 0
Brand competition. price. location.
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Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations. The cash register’
erica [24]

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr$598

     To Sales $560

     To Cash over and short $38

(Being the cash sales are recorded and the remaining balance is credited to the cash over and short account)

2. Cash A/c Dr $1,112

   Cash over and short A/c Dr $36

           To Sales A/c $1,148

(Being the cash sales are recorded and the remaining balance is debited to the cash over and short account)

4 0
3 years ago
Which of the following personal property items has the HIGHEST specific limitation on coverage?
Charra [1.4K]

The personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

<h3 /><h3>The properties having HIGHEST specific limitation on coverage.</h3>

A limit is the highest amount your insurer will pay for a claim that your insurance policy covers.

Some of these specific limits apply to a building or personal property at a single location.

From the listed option, the personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

Learn more on specific limitations on coverage here: brainly.com/question/27015627

8 0
2 years ago
Cash flows from investing activities LO P3 Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a
bekas [8.4K]

Answer:

$221,100

Explanation:

Given that,

Book value of equipment = $65,300

Sold at a loss = $14,000

Purchase of a new truck = $89,000

Sale of land = $198,000

Sale of Long term investment = $60,800

Cash flows from investing activities:

= Sale of Equipment - Purchase of a new truck + Sale of land + Sale of Long term investment

= ($65,300 - $14,000) - $89,000 + $198,000 + $60,800

= $51,300 - $89,000 + $198,000 + $60,800

= $221,100

8 0
3 years ago
Why are us firms moving manufacturing jobs overseas?
inysia [295]
United States based firms are moving manufacturing jobs overseas simply because they can get away with paying workers in foreign countries WAY less than in America. They also do not need to follow the strict labor laws and provide benefits to outsourced employees.
8 0
3 years ago
Breaking down the answer to the question: "Have you ever purchased a ticket online for an American Airlines flight?" into subgro
never [62]

Answer:

Demographic Segmentation

Explanation:

Demographic segmentation is a technique  used to  divide a large group of potential custoners in to groups  depending on their gender, age, location, etnia, income,  etc.

In this case AA  is segmentating based on gender or location (zip Code)

Demographic segmentation is based on demographic information of the customer and it helps to target the message in order to reach the relevant audience.

7 0
3 years ago
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