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aleksandr82 [10.1K]
2 years ago
6

Research reported in the harvard business review indicates that it is very difficult to build customer loyalty if a firm is sell

ing only the ________ produc
Business
1 answer:
anygoal [31]2 years ago
8 0
I believe this would be the expected product.
hope this helps!
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Suppose that there are 50 firms in a monopolistically competitive industry in country A and 50 firms in the same monopolisticall
blondinia [14]

Answer:

The total number of firms in this industry will decrease in the long run because  increased competition will mean lower profit margins which will lead to some firms earning sub normal profits which will force them to leave the industry.

Explanation:

3 0
3 years ago
20 out of 45 men surveyed liked beef. What percentage of men did NOT like beef? (Round up to nearest %.)
Juliette [100K]
I'm not a mathematician but I'm going to go out on a limb here and say 44%!
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3 years ago
Journalise the followung transactions.
katovenus [111]

Answer:

Explanation:

S/No        Date        Transaction          Dr($)          Cr($)

1             Oct.1         Rent Expense      3,600

                                    Cash                                 3,600

2.           Oct.3        Advert. Expenses  1,200

                                    Cash                                   1,200

3.            Oct.5           Supplies              750

                                     Cash                                      750

4             Oct.6       Office equipment     8000

                                Accounts Payable                       8,000

5             Oct.10               Cash                1 4,800

                                Accounts receivable                    14,800

6              Oct.15    Accounts payable      7,110

                                      Cash                                         7,110

7.              Oct.27    Miscellaneous             400

                                        Cash                                        400

8               Oct.30    Utilities Expenses      250

                                       Cash                                          250

9               Oct 31     Accounts receivable   33,100

                                       Fees earned                             33,100

10              Oct.31          Utility Expense       1,050

                                           Cash                                        1050

11               Oct.31                Drawings           2,500

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3 0
3 years ago
Game theory assumes that: Group of answer choices firms anticipate rival firms' decisions when they make their own decisions. fi
muminat

Answer:

firms anticipate rival firms' decisions when they make their own decisions.

Explanation:

Game theory assumes that firms anticipate rival firms' decisions when they make their own decisions. It is very important and necessary for understanding firms operating in an oligopolistic market.

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

This ultimately implies that, under the game theory, when firms makes a decision about their business, it is expected that they consider how the other firms would react to such decisions.

3 0
2 years ago
Mr Howard opens a restaurant that sells sandwiches and the cost of the material to make the sandwich is 5.00. He wants a 40% mar
Tema [17]

Answer:

$3.56

Explanation:

having the 40% allows you to keep the sandwich price lower

4 0
3 years ago
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