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eimsori [14]
3 years ago
6

The automobile industry in​ Rhizo, a small developing​ country, has a monopolistic market structure. Crimson​ Inc., the only pla

yer in this​ industry, has been specializing in the production of hatchback cars for almost five years and earns huge profits by selling them at high prices. The​ company's sales revenue has increased on average by 11 percent annually since it began its operation.​ However, in an attempt to promote​ competition, the government of Rhizo has recently announced tax concessions for new firms willing to enter this industry. The sales team at Crimson forecasts that even if new firms enter the​ market, its sales will still increase by 8.5 percent next year.​ Crimson's CEO, Maria​Dan, therefore feels that the firm need not worry too much about the competition from new players. Roger​ Woods, an industry​analyst, meanwhile claims that Crimson must introduce some variety in its product line to maintain overall profit margins.
Which of the​ following, if​ true, will strengthen​ Roger's view?

A. Crimson has recently appointed Graham​ Jones, a famous soccer​player, as its brand ambassador.
B. Other industries that the government opened up in the past did not attract much foreign direct investment.
C. Crimson enjoys cost advantages over rival firms.
D. An increase in the average family size in recent years has created a demand for bigger cars.
E. Crimson sells 60 percent of its products in the international market.
Business
1 answer:
IceJOKER [234]3 years ago
6 0

Answer:

Option D is the correct answer to this question.

Explanation:

An increase in the average family size in recent years has created a demand for bigger cars. Since Roger Woods proposed that Crimson must introduce some variety in its product line to maintain overall profit margins, option D is the only option that suggests a need for adding a new variety to its product line (Bigger Cars), since there is a demand for it already arising from the increase in the average family size.

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New York passed a "transport" law that prohibited the transport of live cattle across its borders.
madreJ [45]

Answer:

The isn't in the constitution against it.

7 0
2 years ago
Perry is listing his home with Extra Real Estate Company, a brokerage. He wants the listing as follows: He must receive $250,000
Dominik [7]

Answer:

D. Net Listing

Explanation:

Based on the information provided within the question it can be said that the type of listing agreement that Perry is demanding is a Net Listing. This is a listing agreement stating that the seller will receive a pre-defined amount of money for the sale of the listing, and that the excess amount is to go to the broker as a commission for the listing. Which is exactly what Perry wants for the listing.

3 0
3 years ago
McCanless Co. recently purchased an asset for $2,800,000 that will be used in a 3-year project. The asset is in the 4-year MACRS
MAVERICK [17]

Answer:

= $1,244,600

Explanation:

Cost of asset = $2,800,000

Using MACRS depreciation schedule, calculate depreciation amount per year by multiplying each year's depreciation percentage by the cost of the asset;

Depreciation percentage (Yr1 ) = 33.33% or 0.3333 as a decimal

Depreciation amount (Yr1 ) = 0.3333 * $2,800,000 = $933,240

Depreciation percentage (Yr2 ) = 44.45% or 0.4445 as a decimal

Depreciation amount (Yr2 ) = 0.4445 * $2,800,000 = $1,244,600

5 0
3 years ago
Your grandfather has offered you a choice of one of the three following alternatives: $14,000 now; $7,250 a year for ten years;
r-ruslan [8.4K]

Answer:

Hi how are you doing today Jasmine

5 0
2 years ago
The goal of libertarianism is to
Nutka1998 [239]

Answer:

c. punish crimes and enforce voluntary agreements but not to redistribute income.

Explanation:

Robert Nozick's full statement is "Government should punish crimes and enforce voluntary agreements but not redistribute income".

Libertarianism seeks "liberty". Off course their view of liberty only includes the good parts of liberty and government; government has to provide safety and security to the population but virtually nothing else. All the rest of any government's usual tasks are considered an invasion of privacy and the rights of individuals, e.g. no public education, no public health, no public services, only taxes that cover security related expenses, etc.

8 0
3 years ago
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