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frez [133]
3 years ago
12

Pauly and satterthwaite show that when physicians become numerous, the average number of friends who see any provider diminishes

. this, in turn, diminishes the average level of information available to consumers, leading to:
Business
1 answer:
m_a_m_a [10]3 years ago
8 0
Pauly and ......................... leading to REDUCTION IN PRICE RESPONSIVENESS, WHICH ULTIMATELY LEADS TO INCREASE IN PRICE.
When the level of information that is available to the consumers is reduced, they will lack information about better alternative goods with cheaper price in the market, this will ensure that they pay the price that is been levied on a particular product, and this in turn can leads the producer to increase the price they charge for their products or services. Thus, reduced information gives individual firms some additional monopoly power 
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Bases of business or organizational market segmentation that center on the customer attributes are categorized as: Group of answ
sweet-ann [11.9K]

Hard qualitative criteria

Explanation:

The qualitative requirements in marketing begin with a quick-term target, in which the qualitative standards: architecture, online distribution platforms, customer satisfaction and e-loyalty are also included.

Briefly, the process of gathering large amounts of data by polls, surveys and voting techniques relates to quantitative market research. Qualitative market research, alternatively, involves trying to determine customer motivation through close analysis ––typically in a tiny group or face-to-face encounter.

5 0
3 years ago
Boretti has $400,000 in a stock fund. The fund pays a 10% return, compounded annually. If he does not make another deposit into
LenKa [72]

Answer:

it will take 16.89 years for the account to increase to $2 million.

Explanation:

PV = $400,000

FV = $2,000,000

I/Y = 10%

Solving for N in:

FV = PV * (1 + I/Y)N

$2,000,000 = $400,000 * (1.10)N

5 = (1.10)N

N = 16.89 years

Therefore, it will take 16.89 years for the account to increase to $2 million.

6 0
4 years ago
Product X-547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X-547 at
Sphinxa [80]

<u>Solution and Explanation:</u>

The correct answer is I, II, III, and IV

The reason behind is that joint cost is always related to the multifarious products.  Joint expense is the assembling cost brought about on a joint creation process which takes regular sources of info however at the same time delivers various items called joint-items, for example, preparing of raw petroleum at the same time yields gas, diesel, stream fuel, greases and different items.  

So, as to apportion expenses to such joint items, bookkeepers need to utilize an appropriate cost portion technique on a predictable premise. The joint cost alludes to that cost which is brought about before the split-off point on the creation or assembling of numerous items, by expending similar data sources or factors of creation.

5 0
3 years ago
The initial business model of the Ocean House focused on investing in development of its staff in the early years before raising
Over [174]

Answer:

d.Strategic HR management

Explanation:

Strategic Human Resource management engage in acts that develops, rewards, attracts, and retains employee which is beneficial to both the organization as well as the employee, the Human resource department helps other departments to understand their goals and that of the organization and align them together.

Strategic Human Resource management helps to set clear business strategies, goals and vision. They play major role in recruitment as well as employee motivation, Strategic Human Resource management also helps to boost productivity, increase job satisfaction, efficient management of resources, etc.

4 0
3 years ago
Henry Ford famously mass-produced cars at the beginning of the twentieth century, starting Ford Motor Company. He made millions
MA_775_DIABLO [31]

Answer:

Elastic

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price of a good

Elasticity of demand = percentage change in quantity demanded / percentage change in price

demand is elastic if a small change in price leads to a greater change in quantity demanded

Because there are a lot of cars available, if the price of cars are increased, consumers can easily shift to the consumption of cheaper cars

Demand is inelastic if a small change in price leads to little or no change in quantity demanded

6 0
3 years ago
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