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alexandr402 [8]
3 years ago
13

A firm that has the ability to control to some degree the price of the product it sells

Business
1 answer:
Llana [10]3 years ago
8 0
I believe the answer is Monopolist.
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Max and maddy charge people to park on their lawn while attending a nearby craft fair. At the current price of $10, seven people
guapka [62]

Answer: c. They would do better charging $15 than $10.

Explanation:

It is given that Max and Maddy total cost of car parking remains the same, that is it does not matter whether they have seven or five cars parked on their lawn. So, since total cost is constant, Max and Maddy's decision would depend on total revenue.

Profit = TR- TC

Total revenue from charging, $10 is $70,

Total revenue from charging $15 is $75.

Since, total cost is constant, Max and Maddy will choose to charge $15 since it is giving them $5 more.

5 0
3 years ago
Which of the following is the federal agency charged with protecting consumers from "unreasonable risks of injury and death" fro
Lunna [17]

Answer:

The correct answer is option A.

Explanation:

The consumer product safety commission is an independent agency of the US government. It works to promote the safety of consumer products. It addresses the unreasonable risk of injury and develops uniform safety standards.  

This agency was founded in the year 1972 by the consumer product safety act. It basically protects the public from the products that can be dangerous, for instance, lawnmowers, washing machines, etc.  

3 0
3 years ago
Various studies indicate that cost savings from a TMS helps an organization reduce freight costs by:____
sveta [45]

Answer:

6 - 10%

Explanation:

The full form of a TMS system is Transportation management system. It is majorly used in supply chain system in large organizations. It is considered to be one of the major technologies that is used in the supply chain management.

It is a logistic platform which used the technology to execute business plan and optimize the movements of incoming and outgoing  of the goods and materials to make the shipment process more efficient and smooth.  

In various studies made, it has been indicated or determined that a TMS system helps the organization to reduce the freight cost by 6 - 10 percent.

7 0
3 years ago
A hostile takeover is a situation in whicha.the management and board of directors of the targeted firm disapprove of the propose
Tasya [4]

Answer: a - the management and board of directors of the targeted firm disapprove of the proposed merger

Explanation:

A hostile takeover is a situation where the board of directors and senior managers are against the proposed merger.

There are several pre-offer takeover defense mechanisms. One of them is the golden parachute.

The golden parachute is a compensation agreement between a firm and its senior managers. The firm promises a very lucrative amount of money if the senior managers leave the firm if there's a change of control.

There are also post offer takeover defense. They include:

A. The crown jewel - in a crown jewel the firm sells off a subsidiary or an asset to a third party in an effort to mitigate the hostile take over.

B. Greenmail - the target buys its shares back from the acquiring company at a price higher than the market price. This is done with an agreement that the acquirer leaves the target company. It is a form of payoff by the target company.

5 0
3 years ago
What term describes work done by nonprofessionals?
Romashka [77]

What sets a professional work and nonprofessional work is the kind of education and experience that the maker has. Professional work usually entails work done with those who have licenses and proper education background. Meanwhile, these forms of art are work done by nonprofessionals who has not undergone extensive education rather they got these skills by pure experience. Folk art, Naïve art, Intuitive art, and Outsider art are done by nonprofessionals.

<span>Therefore the answer to this question is<span> “All of these answers are correct”.</span></span>

3 0
4 years ago
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