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Yuri [45]
3 years ago
12

Competing on cost is A. based upon flexibility. B. concerned with reliability of scheduling. C. concerned with uniqueness. D. ac

hieving maximum value as perceived by the customer.
Business
1 answer:
makvit [3.9K]3 years ago
8 0

Answer: D

Explanation:

Competing on cost is based on achieving maximum value as perceived by the customer.

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If a monopsonist offers a wage of $6, he finds that 1,200 people are willing to work for him. This means that the:
lbvjy [14]

If a monopsonist offers a wage of $6, he finds that 1,200 people are willing to work for him. This means that the: a marginal factor cost is $6.

<h3>Monopsonist</h3>

If a monopsonist offers a wage of $6, he finds that 1.200 people are willing to work for him. This means that the O a. total wage cost is $1,200. b. marginal factor cost is $6. O c. total wage cost is $7.200. o d. $6 wage is too high. o e marginal factor cost is $200.

Learn more about monopsonist here :

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7 0
2 years ago
In light of persistent ____________, growing ____________ and the tendency by some firms and industries to seek legislative redr
Vinil7 [7]

Answer:

The answer is:

Trade deficit;

Foreign Direct Investment;

Restrict.

Explanation:

In light of persistent TRADE DEFICIT , growing FOREIGN DIRECT INVESTMENT and the tendency by some firms and industries to seek legislative redress for failures in the marketplace, the US Congress in the past two decades has increasingly been willing to provide the president with more powers to RESTRICT trade.

Trade deficit occurs when a country import more goods than what she is exporting. Trade deficit makes infant industries im the home country less competitive.

Foreign Direct Investment is the ownership of business in another country.

Restricting trade can makes home infant industries more competitive.

3 0
3 years ago
Suppose a merchant in a moneyless economy trade has goods for large amount of purple fabric. He intended to use the fabric to tr
spayn [35]

Answer:

Preservation of value.

Explanation:

Money is a medium of exchange that is generally acceptable for transactional purposes.

As seen in the scenario , money may not necessarily be cash as some other items can be used as a medium of exchange in a trade by barter agreement so far the items has the features of money and acceptable.

However , one thing that could be pointed out in the transaction in the scenario is a loss of value of the purple fabrics before the transaction could take place as a result of sudden arrival of a trade ship that caused a surplus in the fabrics , and at the end , it could not achieve as much as was expected.

Therefore the need for the preservation of value of money is necessary and needed

4 0
3 years ago
Read 2 more answers
In the market for beef, the price of a pound of beef falls Explain the effect of this event on the quantity of beef supplied and
Lera25 [3.4K]

Answer:

E. The quantity of beef supplied decreases and the supply of beef is unchanged.

Explanation:

In the market for beef, the price of a pound of beef falls. The effect is "the quantity of beef supplied decreases and the supply of beef is <u>unchanged</u>. The reason is that any price change of the product will not shift the demand or supply but changes the quantity supplied.

5 0
3 years ago
What advice does Jessica Cervantes give to teen entrepreneurs who are just starting out? (Site 1).
Aleonysh [2.5K]

Jessica Cervantes is a renowned entrepreneur and business women who advises the new entrepreneurs who are just starting to enter this zone.

<h3>Advice of Jessica Cervantes</h3>

Jessica Cervantes says that new entrepreneurs should have faith in themselves , and this faith and believe must reflect in their products.

She also advised to use all the resources and to reach out to the other entrepreneurs seeking help and advice.

Therefore, Jessica Cervantes motivated and advised the new entrepreneurs who just entered in the field of entrepreneurship.

Learn more about Jessica Cervantes here:

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3 years ago
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