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sertanlavr [38]
3 years ago
8

The natural state of a market where network effects are present is for there to be intense competition between several rivals th

at come to an equalibrium where their respective market shares are roughly identical.A) TrueB) False
Business
1 answer:
bixtya [17]3 years ago
6 0

Answer:

False

Explanation:

The reason is that the network effect increases the value driven from a product when the users of the product grows. So the intense competition will come to equilibrium when the network effect is lower because the user needs are lower and the value required is also lower. So the market will be competing on prices to increase the demand of their product.

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When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off.
blondinia [14]
It is true because a country that imports a tariff on shoes buyers of shoes in that country don’t do well so the answer would be True
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3 years ago
Match each term with the best definition given blow. Note: Not all definitions will be used.
Virty [35]

Answer:

1. Allocation Base

Definition: A measure that causes or influences the incurrence of a cost.

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Definition: A source document that shows how a worker spent time each week.

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Definition: Costs not easily traceable to producing a product, job or service.

4. Job Coat Shoot

Definition: A detailed record of costs incurred to complete a specific job.

5. Job Order Costing

Definition: An accounting system used by companies that offer customized or unique products or services.

6. Materials Requisition Form

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7. Overapplied Overhead

Definition: The amount of actual overhead is less than the applied overhead.

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Definition: The amount of actual overhead is greater than the applied overhead.

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Definition: Estimated manufacturing overhead divided by estimated cost driver.

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Definition: An accounting system used by companies to make standardized or homogeneous products or services.

3 0
3 years ago
Philip Morris expects the sales for his clothing company to be $670,000 next year. Philip notes that net assets (Assets − Liabil
shutvik [7]

Answer:

the ending cash balance is $330,300

Explanation:

The computation of the ending cash balance is shown below:

Ending cash balance = Opening cash balance + Profit

= $270,000 + (9% × $670,000)

= $270,000 + $60,300

= $330,300

We simply added the opening cash balance and the profit so that the ending cash balance could come

Hence, the ending cash balance is $330,300

7 0
3 years ago
Municipal bonds are issued by whom?
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Municipal bonds are debt obligations issued by states, cities, counties and other governmental entities.
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Sam student sends for a law school catalog from ivory towers university. according to the catalog, the law school applications a
7nadin3 [17]

If Sam had followed the guidelines in the college catalog, then there will be a valid contract that will be established as the school is likely to bound itself in honoring its obligations that are set forth in the college catalog. The correct answer is likely b.

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