The place in the quadrant where there is the focus is on leveraging current core competencies to improve current market position is known as:
- existing competence--existing market
<h3>What is a Market?</h3>
This is a place where buying and selling of goods or services takes place and a currency of value is exchanged.
With this in mind, we can see that in the existing competence--existing market, there is a focus is on leveraging current core competencies to improve current market position.
Read more about markets here:
brainly.com/question/26098648
Answer:
operational business processes
Explanation:
The processes carried out within a company are divided into:
- operational business processes: carried out by entry level employees and includes routine daily business processes
- tactical or managerial business processes: carried out by lower management or supervisors and includes semi-routine monthly business processes
- strategic business processes: carried out by upper management and includes dynamic, non-routine long-term business decision processes
Answer:
Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus
Explanation:
The options to this question wasn't provided. Here are the options : Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus. Both parties experience surplus, so the transaction was equitable. Only Steve benefits from the sale. Srivani will not be happy with her purchase.
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell his good.
While both parties earn a surplus, the producer surplus exceeds the consumer surplus . Therefore, the seller benefited more from the trade than the consumer.
I hope my answer helps you
Answer: 15
Explanation:
For profit to be maximized by a monopolist, the marginal revenue and marginal cost must be gotten.
P= 105-3Q
MC= 15
Since total revenue is price × quantity, TR= P×Q = (105-3Q)Q
= 105Q-3Q^2
MR= 105-6Q
Since we've gotten marginal revenue and marginal cost, we equate both together.
MR=MC
105-6Q = 15
6Q = 105-15
6Q=90
Divide both side by 6
6Q/6 = 90/6
Q= 15
The quantity that will maximise profit is 15
