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sertanlavr [38]
4 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]4 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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vekshin1

Answer:

In this​ instance, Erica is planning to buy a(n) ________ product:

D) shopping

Explanation:

The answer is shopping products because these are goods that people don't buy constantly and because of that they tend to analyze the alternatives that exist to choose the right one considering things like cost, brands and features. In this case, Erica is buying a washing machine and plans to spend time and effort gathering information and making product comparisons which aligns with the definition of shopping products.

7 0
3 years ago
Business professionals often use the acronym SMART to describe good business goals. What does the acronym stand for? The acronym
serg [7]
Specific: Well defined, clear, and unambiguous

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3 years ago
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dybincka [34]

Answer:

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Explanation:

3 0
2 years ago
Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31 follow.
Alexandra [31]

Answer:

2a) 330,500

2b) 132,200

2c) 198,300

Explanation:

Loss from operating a discontinued segment (pretax) 18,750

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3 0
4 years ago
A ——-process is a set of methods and technologies used in the production of a good or service
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<span>A manufacturing process is a set of methods and technologies used in the production of a good or service. The manufacturing process is extremely important because it is one of the final stages in making sure the product is put together as designed and turns out the way the company wants. If something goes wrong within the manufacturing process, the company could lose a lot of products and money. </span>
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