Answer:
The answer is: Red Carpet should try to focus on niche market segments.
Explanation:
A niche market is part of a greater market, but its focus is set on very specific products. The niche market has very specific market needs that need to be targeted by very specific products.
Usually niche markets are targeted by high priced products since normal broad range products or services will not satisfy their specific needs. For example, vegan restaurants are more expensive than McDonald's or Pizza Hut.
Since niche markets are small, usually big multinational corporations don't pay attention to them.
Answer:
Firm B is in the auto rental business. It is not the nation’s largest rental company, but significant barriers to entry enable it to serve customers across the United States more conveniently and at a lower price than local rivals.
Explanation:
For the given options we considered Firm B to be treated as the oligopolist as the firm nor its competitors would have the major impact over the market also there are entry & exit barriers from the market
So the firm B should be chosen as the oligopolist
Therefore the same should be considered and relevant
<span>Competition in a scarce labor market affect wages because
when there is scarcity in labor this means that there is a shortage of workers
for a specific job. Wages/salaries for workers will affect because employers
will tend to make the salary high because of high demand. </span>
Answer:
b. Baylor university.
Explanation:
As per my knowledge, the blue cross established its first hospital insurance plan at the Baylor University in 1929 by agreeing to provide 1500 teachers with 21 days of hospital care per year at a price of $6 per person.
Good Luck and thank you.
Answer:
Option (D) is correct.
Explanation:
Given that,
Revenue on account = $54,000
Cash collections of accounts receivable = $2,300
Expenses for the period = $52,100
company paid dividends = $450
Net income for the period:
= Revenue on account - Expenses for the period
= $54,000 - $52,100
= $1,900
Therefore, the net income for the period is $1,900.