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-Dominant- [34]
3 years ago
5

Can occur when the price leadership model breaks down

Business
1 answer:
mina [271]3 years ago
3 0
Price leadership refers to the setting of price in a market by a dominant company which is observed by other in the same market. It is a form of cooperative pricing. The method of price leadership is often used by matured and established industries.
INCREASE IN RIVALRY AMONG COMPANIES  AND DECREASE IN PRICE AND PROFITS can occur when the price leadership model break down.
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Substitutes have a(n): Please choose the correct answer from the following choices, and then select the submit answer button. in
hjlf

Answer: positive cross elasticity of demand.

   

Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.

In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.

Hence from the above we can conclude that substitute goods have positive cross elasticity.

3 0
3 years ago
As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your poin
soldier1979 [14.2K]

Answer:

The correct answer will be "Editing".

Explanation:

  • Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter.
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The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.

3 0
3 years ago
A key limitation of balance sheets in financial analysis is that: A) liquidity and solvency ratios require information from othe
tatyana61 [14]

Answer: Option (B) is correct.

Explanation:

The three limitations to balance sheets are as follow:  

1.) Assets are being noted or stored at a historical cost,  

2.) There is a thorough use of the estimates,

3.) There's also omission of several precious non-monetary assets.  

Therefore from the given options, we can state that the key limitation of using a balance sheets under the constraints of financial analysis is that different items in a balance sheet are or may be evaluated differently.

8 0
3 years ago
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Soloha48 [4]

Answer:

the break-even quantity is 18 students

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Break Even point is when a firm neither makes a profit nor a loss

Break Even = Fixed Costs/Contribution per Unit

                   = $4800/($300-$30)

                   = 17.77777778

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Please note that, the cost for the conference room, instructor compensation, lab assistants, and promotion is $4800 represents a fixed cost as this does not vary with the number of students taking the training seminars.

3 0
3 years ago
Sheridan Company had the following transactions during the quarter end:
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Answer:

Payment of insurance premium include in last quarter = $204,000

Explanation:

Given:

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Payment of insurance premium include in last quarter = Insurance premium during the year / Number of quarter in the year

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Payment of insurance premium include in last quarter = $204,000

8 0
3 years ago
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