1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fiesta28 [93]
3 years ago
9

Henry ventures into a new business with few competitors and requires a huge investment. Soon after entering the business, one of

Henry's competitors introduces a price cut that forces Henry to reduce the prices of his products as well. In this scenario, Henry has ventured into _____.
Business
1 answer:
Galina-37 [17]3 years ago
5 0

Answer:

Oligopoly

Explanation:

An oligopoly is a market structure which is caracterized by having few competitors and each one has market power to change the equilibrium price or quantity. According to this, Henry´s competitor had the market power to reduce the price of his products. Also, it might be some barries to entry (to the market) and that is why the problem states that Henry had to do a huge investment (not everyone can do it).

You might be interested in
Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would primarily look at the f
Fynjy0 [20]

Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would primarily look at the firm's asset utilization ratios.

Economic analysts work in banks, pension funds, coverage businesses, and different companies. Monetary analysts manual corporations and people in choices about expending cash to attain an income. They assess the performance of shares, bonds, and different varieties of investments.

Irrespective of training, a successful profession as an economic analyst requires sturdy quantitative abilities, professional hassle-solving competencies, adeptness in the use of common sense, and above-common communique skills.

Maximum financial analysts report excessive-pressure levels and heavy workloads. The work itself is complicated and calls for quite a few understanding and continuous examination. Even as monetary analysts are usually paid properly, it comes at the value of a wholesome work-life balance in many cases.

Learn more about financial analysts here: brainly.com/question/8344696

#SPJ4

5 0
1 year ago
​Oklahoma enacts a law requiring all businesses in the state to donate 10 per-cent of their profits to Protestant churches that
klemol [59]

Answer:

The establishment clause.

Explanation:

7 0
3 years ago
(03.04 LC)
xz_007 [3.2K]

Answer:

The Fair And Accurate Credit Transaction Act (FACTA)

Explanation:

5 0
3 years ago
On July 31 of the current year, Dome Co. issued $1,000,000 of 10%, 15-year bonds at par and used a por­tion of the proceeds to c
vredina [299]
What grade are you in
4 0
3 years ago
Two analytical tools useful in determining whether a company’s prices and costs are competitive are: Select one: a. SWOT analysi
serious [3.7K]

Answer: b. Value chain analysis and benchmarking

Explanation:

Value chain analysis is all about focusing on the internal activities of a company with a goal to understand how the various products and internal systems combine to give the company an edge. It works by understanding costs and locating the more valuable products in the company and using them to gain a competitive advantage over their rivals. It can therefore be used to find out if a Company's products are doing well against other companies in the industry.

BENCHMARKING is another analytical tool that is indispensable in Competitive comparison. BENCHMARKING is simply comparing a company to another company or the industry at large by using business processes or performance metrices. Companies essentially take a matrix and compare it to the matrix of another company or the average matrix for the industry. For example, a Return on Equity could be compared with that of another company to see if they are Competitive in the industry.

7 0
3 years ago
Other questions:
  • Conrad Construction Corp. has a $20 million contract to construct a building. The company estimates gross profit of $4 million.
    5·1 answer
  • Which of the following leader types practices status quo?
    13·1 answer
  • Which of the following examples is NOT a trust indorsement?
    6·1 answer
  • What is your credit score based on
    8·2 answers
  • If the demand for cell phone service is inelastic, then the quantity demanded does not change in response to changes in price. t
    7·1 answer
  • Smith buys and sells securities. On December 15, 2018, Smith purchased $548,000 of Jones shares and elected the fair value optio
    14·1 answer
  • Flexible Budget for Assembly Department Steelcase Inc. (SCS) is one of the largest manufacturers of office furniture in the Unit
    15·1 answer
  • Indentify possible transactions​
    11·1 answer
  • Reuben would like to buy a car that costs $25,000 today when he graduates from college in 5 years. If the rate of inflation is e
    15·1 answer
  • Oil creek auto has sales of $3,740, net income of $274, net fixed assets of $2,800, and current assets of $920. the firm has $63
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!