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VashaNatasha [74]
3 years ago
13

Expensive department stores market service and atmosphere while less expensive stores market location and perceived lower prices

or credit (check cashing services). This is characteristic of _______________________ .
Business
1 answer:
melisa1 [442]3 years ago
7 0

Answer: Monopolistic competition

Explanation:

Monopolistic competition is described as a competition between firms where they offer similar services but not the same or exact services. This competition is seen in industries where differentiation is possible, example of such industries are restaurant, hairdressers, clothing, TV programs.

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________ advertising is common during the maturity stage of the product life cycle, but you should avoid this if your brand is t
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Answer:

Comparative Advertising

Explanation:

Comparative advertising is a form of advertising war in which manufacturers compare their products directly or indirectly with competing products. This technique involves comparing product that are similar with the aim of showing the public that the opposite or competing products are inferior to yours. It is done only when the business is at maturity stage. A new start up business cannot go into this form of advertising. Also, it is ill-advised for companies or organizations whose brand are leaders in the markets to go for this kind of marketing, even at maturity stage. The aim of such marketing is usually to put pressure on the leaders of the brand, claiming your products are more superior to theirs.

5 0
4 years ago
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Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the mar
GREYUIT [131]

Answer:

The margin of safety as a percent of sales is 25%

Explanation:

Break-even is the level of sales at which business has no profit no loss situation.

Break-even point = Fixed cost / Contribution margin ratio = $36,000 / 24% = $150,000

Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.

Margin of Safety = Total sales - Break-even point = $200,000 - $150,000 = $50,000

Margin of safety to sales = ( $50,000 / $200,000 ) x 100 = 0.25 x 100 = 25%

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3 years ago
On november 18, 2003, _______________, a reissue of a 1970 beatles album, is released featuring alternate takes and mixes. one w
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As a component of real estate value, the principle of substitution states that
k0ka [10]

Answer:

a. If two similar properties are for sale, a buyer will purchase the cheaper of the two.

Explanation:

The principle of substitution justifies the idea that the maximum value of a property will be set by the selling price of an equally valuable and desirable substitute property. In this case of property sale, if an area has two similar houses and one is being sold for $912,000 and the other is priced at $105,000, buyers will most likely go for the cheaper one. There is no reason to pay more money if they will be getting a similar property at low cost.

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Due to the increased interdependence between buyers and sellers and the mutual desire to reduce risk of the unknown:
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The thought of loosing money and being a failure is the one thing you must have confidence and start each day as if it was your last
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