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Gnesinka [82]
3 years ago
10

The Starfire Coffee chain was the only coffee-shop chain and meeting place in many American cities for more than 12 years. Peopl

e paid $5 for a mug of peppermint coffee and the experience of sitting in front of a roaring fire, chatting with friends. Twelve years after Starfire's appearance, a similar coffee-shop chain, Reindeer Brews, entered the marketplace. Reindeer charges $3 for a mug of hot cocoa and a similar community experience.
How would you characterize this scenario?

- Non-price competition in a monopolistic market
- Non-price competition in a purely competitive market
- Price competition in a monopolistically competitive market
- Price competition in a purely competitive market
Business
1 answer:
Kamila [148]3 years ago
5 0

Answer: In this particular case we can reason that this scenario represents <em><u>monopolistic-ally competitive market.</u></em>

Both coffee house  are offering a similar product and commodity, with only little differentiation in their design.

i.e. The Starfire Coffee chain provided consumer with peppermint coffee and the experience of sitting in front of a roaring fire, chatting with friends.

whereas Reindeer provided consumer with a mug of hot cocoa and a similar community experience.

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Giving brainliest to the best answer. also, i know that the answer is not a or c.​
Ierofanga [76]

Answer:

B iam sorry if im wrong but I have a strong feeling its b

6 0
3 years ago
imagine that a new study reveals that onion consumption is correlated with cancer. this shift in popularity will likely cause th
Step2247 [10]

If there is a study that shows that onion causes cancer it would cause the new demand curve to go lower on its points.

<h3>How is the demand for onion going to be affected.</h3>

Given that it has been established that onion consumption leads to cancer. There would be a great reduction in the number of sales for onion.

People would want to stop consuming the product so that they would nit be affected by the disease.

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7 0
2 years ago
Pilar uses a unique product number for each product in her inventory. she makes the product number ____.
8090 [49]
Based on the question, Pilar was creating a database for her business.
The choices are: a. a table b. the primary key c. a database d. a record

I believe the answer is b. the primary key. 

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5 0
3 years ago
A paycheck is issued for $329. 40. The paystub reflects an amount earned of $400. 00, Medicare tax of $5. 80, Social Security ta
cestrela7 [59]

Net income is the amount that will be earned after all the taxes have been subtracted from the paystub amount.

<h3>The net income for the paycheck</h3>

Given Information:

  • Paycheck=$329.40
  • Paystub=$400.00
  • Medical tax=$5.80
  • Social security tax=$24.80
  • Federal tax=$40.0

The Net income is therefore:-

Net Income=Paystub-Medical tax-Social security tax

Net Income= 400 - 5.80 - 24.80 - 40

Net Income= $329.40

In conclusion, the net income is $329.40.

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6 0
2 years ago
The owner of a cemetery plans to offer a perpetual care service for gravesites. The owner estimates that it will cost $120 per y
Oksanka [162]

Answer:

Charge for perpetual care service will be $1500

So option (a) will be the correct option

Explanation:

We have given the estimated cost to maintain a gravesites is $120 per year

Interest rate = 8 % = 0.08

We have to find the fee which owner charged for the perpetual care service

The perpetual charge is given by

=\frac{estimated\ cost}{rate\ of\ interest}=\frac{120}{0.08}=$1500

Charge for perpetual care service will be $1500

So option (a) will be the correct option

4 0
3 years ago
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