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Yuliya22 [10]
3 years ago
7

Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers o

f goods influence the prevailing market price, giving them the role of price in the market. True or False: The market for digital cable does not exhibit the two primary characteristics that define perfectly competitive markets.
Business
1 answer:
dimaraw [331]3 years ago
5 0

Answer:

  • Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers of goods influence the prevailing market price, giving them the role of price in the market. FALSE: <u>This characteristics correspond to competitive markets</u>, which are those markets where prices are determined by sellers and buyers simultaniouslly, and, none of them individually can exert influence over prices (nor sellers or buyers in particular) . Aditionally, goods or services must be homogeneous or equal.
  • The market for digital cable does not exhibit the two primary characteristics that define perfectly competitive markets: TRUE: digital cable is not an identical product (different sellers offer different options of channels, the service they offer is heterogeneous) and there are not many sellers, in a way that they cannot exert influence over prices. Then, it is not a competitive market.

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In the context of downsizing in an organization, allowing a worker to remain in a position for a period of time after she or he
Elden [556K]

Answer:

d. Terminated workers may interpret early notice as an effort to get the most out of them before departure

Explanation:

When an organization is downsizing, it is not proper to allow an employee to still remain in the organization and be performing his or her normal duties after the employee has been informed about impending termination might.

This is not the right course of action as the employee may have a different perception and may think the company just wants to get the best out of them before they leave and this may lead to unintested employees.

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2 years ago
How many cases of bankruptcy cases are provided for in the bankruptcy code
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Hope this helps!
4 0
3 years ago
Purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states can have an impact on a consu
quester [9]

Answer:

<u>Situational Influences </u>

Explanation:

Situational influences refer to those situation or state conditions which influence a buyers behavior. Physical, social and time factors or buyers own moods, affect a buyers buying habits i.e what the buyers buy and the quantity of purchases.

Physical surroundings refer to the physical situation of the buyer i.e the effect of location of the store, the design of the store etc.

Social surroundings refer to the effect of people who surround the buyer while he is considering a purchase.

Temporal effects refer to temporary or time bound situation of the buyer which relates to the time of the day a buyer visits the store.

Antecedent states refer to the pre existing state of mind of the buyer.

Collectively, these comprise situational influences in consumer buying decision process.

4 0
3 years ago
Sadie contracted with Sean, who agreed to replace the carpets in her house. Sean damaged some of the walls when he installed the
denpristay [2]

Answer:

Letter d is correct. A waiver of breach

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In this situation Sadie filed a waiver of the violation. This occurs when the contractor waives his legal rights in respect of any breach of contract. As was the case with Sean, a contract to replace Sadie's carpeting, which consequently damaged some of its walls, resulting in poor contract performance.

7 0
3 years ago
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