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valkas [14]
3 years ago
11

What is market power?

Business
1 answer:
Sedbober [7]3 years ago
8 0
I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>
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Reinforay, an aircraft manufacturer, makes passenger, cargo, short-haul, and long-haul aircraft from the same design, with many
Tcecarenko [31]

Answer:

a. product platform

Explanation:

Product platform -

It refers the process of designing , where all the parts of the goods or services have some common element in common , is referred to as product platform .

The method is used to -

  • increases the process of developing new products ,
  • reduce the cost of development ,
  • a single element acts as a identification for the product .

Hence , from the given scenario of the question ,

The correct option is a. product platform .

4 0
3 years ago
With a patent on drug Z27, why would Able Drug Company charge customers $7 per 100 units even though its cost of producing 100 u
Dafna1 [17]
If Able Drug Company already has a patent on a drug called drug Z27, then they have the rights to charge it higher than cost of production. They do this so that they would gain profit from the drug that they have patented and to be able to expand their business more with it.
5 0
3 years ago
planning concerned with long-range decisions such as defining the scope of business is referred to as
oksano4ka [1.4K]

Answer: strategic planning

Explanation:

A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.

Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.

The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.

3 0
3 years ago
Marie is putting together a retirement plan and is scheduled to retire in 40 years. She is planning to open a retirement account
kap26 [50]

Answer:

R=407.11$

Explanation:

Since the Marie wants to contribute equal amount per month in order to get the $3,000,000 after 40 years, therefore the future value of annuity formula shall be applied to the given question to solve the problem.

Future value of annuity=R[((1+i)^n-1)/i]

R=monthly investment to be made=?

n=number of payments involved=40*12=480

i= interest rate=10.5%/12=0.875%

Future value of annuity=$3,000,000

$3,000,000=R[((1+0.875%)^480-1)/0.875%]

R=407.11$

6 0
3 years ago
Complete the proportion you can use to convert 60 inches to centimeters. Enter your answer with one decimal place. 1 inch 2.54 c
Papessa [141]

Answer:

nothingbiy cu im gonna give you the rong anser yu cant cheat

Explanation:

6 0
2 years ago
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