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xeze [42]
3 years ago
8

In 1 or 2 sentences, describe the effect of competition on prices of items being sold.

Business
1 answer:
yuradex [85]3 years ago
8 0

Competition has an impact on prices of items being sold such that when competition is high, prices can get lower. This is because you want to keep up with other players and present your items as the affordable kind. when competitiion is low, prices are higher because your demand is high
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Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a red
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Answer:

$5.74

Explanation:

Q* = 2DS / H[1-(d/p)]

Q² = 2DS / H[1-(d/p)]

S = (Q²)(H)[1 - (d/p) / 2D

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Setup cost S = $5.74

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3 years ago
When should a writer establish common ground before the bottom line statement?
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Answer:

d. economies of scale

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What does this mean help
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A seller sold a house to a buyer allowing the buyer to take over the loan on a "subject to" basis. After 2 years, the buyer defa
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Answer:

A. The seller would be primarily liable.

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Though the buyer will taken over the loan from the seller and make repayment to the lender, there is no legal obligation on buyer`s part that makes him/her liable to the lender. The seller still remain liable despite the the taking over. So  option A is right while B to D is wrong because it`s only the seller that is primarily liable to the lender.

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