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Nitella [24]
3 years ago
15

Which force in​ porter's competitive forces model would describe an organization that loses customers due to its product prices

being too​ high?
Business
1 answer:
Alexxandr [17]3 years ago
4 0

I guess the correct answer is Substitute products and services

A substitutе is a prοduct that pеrfοrms thе samе οr similar functiοn as anοthеr prοduct. Micrοеcοnοmics tеachеs that thе mοrе substitutеs a prοduct has, thе dеmand fοr thе prοduct bеcοmеs mοrе еlastic. Еlastic dеmand mеans incrеasеd cοnsumеr pricе sеnsitivity which еquatеs tο lеss cеrtainty οf prοfits. Fοr еxamplе, public-transpοrtatiοn is a substitutе fοr driving a car, and е-mail is a substitutе fοr writing lеttеrs.

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If GNP is $200 billion, receipts of factor income from the rest of the world are $10 billion, and payments of factor income to t
PSYCHO15rus [73]

Answer:

$220 billion

Explanation:

GNP is $200 billion

Factor income from the rest of the world is $10 billion

Factor income to the rest of the world is $30 billion

Therefore the GDP can be calculated as follows

= $200 billion + (30 billion- 10billion)

= $200 billion + 20 billion

= $220 billion

Hence the GDP is $220 billion

5 0
3 years ago
Sonesta Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $9,000. The net book va
AURORKA [14]

Answer:

D) positive cash flow of $21,900 from investing activities

Explanation:

To calculate Sonesta's cash flow associated to this transaction we can use the following formula:

cash flow = net book value of the asset - loss on sale of the asset

cash flow = $30,900 - $9,000 = $21,900

The cash flow was generated by an investing activity since Sonesta sold an asset, not its products.

6 0
3 years ago
Which of these pavement markings separates two lanes traveling in the same direction?
kiruha [24]

The pavement markings that separate two lanes traveling in the same direction is A broken white line

<h3>What is a Pavement Marking?</h3>

This refers to the mark or sign that is on the road to show a particular function for motorists and pedestrians.

Hence, we can see that in the case of two lanes that travel in the same direction, the pavement marking that is used to clearly show this is called a broken white line.

Read more about pavement markings here:

brainly.com/question/10568646

#SPJ12

7 0
2 years ago
1.Why is GDP / Capita a more accurate way of determining the well-being of a people?
Vesnalui [34]

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

I hope this can help :)

5 0
2 years ago
Standard costs are used in companies for a variety of reasons. Which of the following is not one of the benefits of using standa
uranmaximum [27]

Answer:

c. used to indicate where changes in technology and machinery need to be made

Explanation:

Standard Costs are established through past experiences and hence they can be used to control costs, and plan production schedules.

Changes in technology and machinery need to be made is part of perfomance management with a future outlook.

7 0
3 years ago
Read 2 more answers
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