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Lunna [17]
3 years ago
13

Keith works in the marketing department of an airline service company. He was asked to identify any current or future changes in

market conditions. He found that one of
the three main competitors for his company had launched a package deal campaign where customers could get a discount if they booked a bunch of tickets together. Keith

knew that this would alter the market dynamics. What kind of market structure does Keith's company use?

Keith's company uses a/an

market structure
Business
2 answers:
iVinArrow [24]3 years ago
7 0

Answer:

Its oligopoly

Explanation:

Just got it right on plato

Setler79 [48]3 years ago
4 0

Answer:

The market structure that Keith's company uses is monopolistic competition.

Explanation:

In monopolistic competition, there are many firms in the market, the price is mostly determined by market forces, and as a result, the companies try to sell products that are different in some way.

In this case, Keith's company competitors are trying to use a pricing strategy to increase their market share. They are trying to compensate loss of revenue from the lower prices, with a higher sales volume.

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I’ll mark the best one with 20 points
aleksklad [387]

Answer:

OPTION D:)THAT THE PROJECT IS APPROVED..

AS APPROVED SUMMARY=APPROVED+SUMMARY.

3 0
2 years ago
Mahmoud wants to start a business making designer chairs. To do this he will need:​
prisoha [69]
Mahmoud will be needing many things such as. A loan of money , Maybe a wed site to spread him company so more people can see it and materials to build chairs such as wood , springs , foam.
4 0
2 years ago
Silky Inc., which sells custom silk ties designed by famous people, faces a demand curve of Q = 150 – 0.2P, where Q is measured
CaHeK987 [17]

Answer:

The production level that maximizes Silky's profit is 5000 ties.

Explanation:

Hi

First of all, as we have Q(P)=150-0.2P, we need to transcript it as price in function of the quantity so

P(Q)=\frac{150-Q}{0.2}=750-5Q

Then we need to find income function that is I(Q)=Q*P(Q)=750Q-5Q^{2}.  After derivate it I'(Q)=750-10Q.

The optimum level is when we have MC=I'(Q), therefore,

5Q=750-10Q, as we clear it for Q we find that

Q=\frac{750}{15}=50, finally as we have that Q is measured in hundreds of ties, the production level that maximizes Silky's profit is 5000 ties.

4 0
3 years ago
On June 1, 2018, Cork Oak Corporation purchased a passenger automobile for 100 percent use in its business. The auto, with a cos
lubasha [3.4K]

Answer:

=$ 4400

Explanation:

Under the Macrs depreciation schedule, motor vehicles as assets have a useful life of 5 years. In the first year, the deprecation rate id 20%, followed by 32% in the second year.

For cork oak corporation: the value of the motor vehicle is 22,000

Date of purchase 2018, years in depreciation: 1

Depreciation: = 20/100 x 22 000

  =$ 4400

5 0
3 years ago
Jay, a single taxpayer, purchased an annulty to help provide income during his retirement. He paid $36,000 for the annuity that
Rufina [12.5K]

Answer:

d. All of the last 12 payments he received are taxable.

Explanation:

In the case when the life expectancy is 180 months and collected 192 payments prior he died

So according to the question, all the 12 payments would be received are taxable

Here the payment that received for 180 months would not be involved in the gross income and the remaining 12 payment would be taxable

Therefore the option d is correct

4 0
3 years ago
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