Answer: predatory pricing.
Explanation:
John's Mattresses is now selling its products in Spain. It has priced its line of mattresses very low in the hopes that it will drive away weaker competitors. This is an example of predatory pricing.
Predatory pricing is when a company intentionally reduces its price in order to reduce competition. It should be noted that this can lead to monopoly and it violated the antitrust law.
Answer:
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Explanation:
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Answer:
A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.
Explanation:
Answer:
Net operating income= 31,300
Explanation:
Giving the following information:
Static Budget:
Units= 9,000
Selling price per unit= $5
Variable Costs per unit= $1.50
Fixed Costs= 3,000
We need to determine the operating income if 9,800 units were sold:
Sales= (9,800*5)= 49,000
Total variable costs= (9,800*1.5)= (14,700)
Contribution margin= 34,300
Fixed costs= (3,000)
Net operating income= 31,300
Answer:
You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
Explanation:
You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
