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
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.

You might be interested in
What is the Importance of sales promotion
ki77a [65]
Is to boost sales of a product by creating demand. Doing this draws new customers and keeping the ones they already have
3 0
3 years ago
A company had service revenue of $257,000, rent expense of $10,700, utility expense of $4,200, salary expense of $19,200, deprec
Reil [10]

Answer:

Income summary has a $208,630 credit balance before being closed

Explanation:

The closing entries should be:

Dr Service revenue 257,000

    Cr Income summary 257,000

Dr Income summary 48,370

    Cr Rent expense 10,700

    Cr Utility expense 4,200

    Cr Salary expense 19,200

    Cr Depreciation expense 9,700

    Cr Advertising expense 4,570

Income summary

Debit               Credit

<u>18,370             257,000</u>

                       208,630

In order to close income summary:

Dr Income summary 208,630

    Cr Retained earnings 208,630

If you want to close dividends:

Dr Retained earnings 18,700

    Cr Dividends 18,700

7 0
3 years ago
Tyler was employed at a local grocery store, food world. the store manager, jeff, discovered that there were several cartons of
Bumek [7]
<span> Yes, Tyler has a claim against food world because he</span> has a cause of action against Food World for wrongful discharge. The reason is because his refusal to take the polygraph test cannot be the basis for termination of his employment . More evidence about the claim that he took the cigarettes is required for a claim.
8 0
3 years ago
Bill and Bob share profits of their partnership in the ratio of 6:1 respectively. If the net income of the firm is $29,000, calc
nasty-shy [4]

Answer:

The share of bill net income is $24,857

Explanation:

The computation of the share of bill net income is shown below:

Given that

Profit sharing ratio of Bill and BOb is 6 : 1

And, the net income of the firm is $29,000

So, the share of bill net income is

= Net income × bill share

= $29,000 × 6 ÷ 7

= $24,857

Hence, the share of bill net income is $24,857

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

4 0
2 years ago
What is the most powerful profit driver according to Nielson Co., a prominent marketing research company?
Troyanec [42]

Answer:

C

Explanation:

Effective Pricing Strategy

4 0
2 years ago
Read 2 more answers
Other questions:
  • Acute Company manufactures a single product. On December 31, 2014, it adopted the dollar-value LIFO inventory method. The invent
    6·1 answer
  • Below are various states of financial distress: 1. defaulting on a principal payment on debt 2. restructuring debt 3. liquidatin
    9·1 answer
  • Gail K. Company manufactures waterproof cell phone covers. During the current month, the purchasing manager purchased $26,700 of
    7·1 answer
  • Which of the following products is likely to have an inelastic supply reaction to a change in price? A. Corn B. Cars C. Shoes D.
    12·2 answers
  • A third-degree price discriminating monopolist can sell its output either in the local market or on an internet auction site (or
    6·2 answers
  • Suppose the demand for peaches decreases. what will happen to producer surplus in the market for peaches?
    12·1 answer
  • What’s at least 5 daily responsibilities of polygraph analyst
    15·1 answer
  • Shelby Cabinets, Inc. produces custom cabinets. The following inventory balances appeared on its balance sheet.
    15·1 answer
  • barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar
    14·1 answer
  • Which steps should marketers follow when using the objective-and-task method to determine a budget?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!