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FinnZ [79.3K]
2 years ago
10

Larry and Susan work in an office near 2 Live Stew and Stew-topia, specialty stew restaurants on the same block. Larry notices t

hat both places are charging only $2.00 for a bowl of stew, which is below the price of $4.00 that a bowl of stew typically costs elsewhere in the city.
Business
1 answer:
denis-greek [22]2 years ago
8 0

Answer: B. to prove Stew-topia engaged in predatory pricing, you would need to prove that Stewtopia priced stew below average variable cost with the specific intention of driving 2 Live Stew out of business

Explanation:

Predatory pricing is the pricing of goods in such a way that it is so low that it is even below average variable cost. The logic being that in the Shortrun, if a firm cannot cover it's variable cost, it would have to shutdown.

Larry would therefore be correct in saying that to prove Stew-topia engaged in predatory pricing, it would need to proven that Stewtopia priced stew below average variable cost with the specific intention of driving 2 Live Stew out of business.

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2.5 = (x-100)/15

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2 years ago
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Answer: 4 containers

Explanation:

The formula used to get the number of containers that are needed will be:

N = DT(1+X)/C

where,

N = total containers

D = planned usage rate used by the work center = 111 parts per hour

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X = inefficiency factor = 0.21

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N = 3.738

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4 containers will be needed

4 0
3 years ago
A firm engages in a new type of financial transaction that has a material effect on its earnings. An analyst should most likely
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Answer:

management has not explained its business purpose

Explanation:

Since in the question it is mentioned that the firm is engaged in the new financial transaction that contains the material impact on the earnings so this represents that it could be come under the pre existed accounting standards.

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So it would be suspicious because the purpose of the business could not be explained

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3 years ago
A(n) is a request by an account holder to the bank not to pay a specific payment.
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the answer is stop payment!

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Answer:

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According to this, the skill that Monica has is negotiation.

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2 years ago
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