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Serhud [2]
3 years ago
6

A perfectly competitive market helps ensure that the products produced are the goods that consumers want. this demonstrates the

concept of:
Business
1 answer:
frozen [14]3 years ago
5 0
A perfectly competitive market helps ensure that the products produced are the goods that consumers want demonstrates the concept of allocative efficiency.
<span>Allocative efficiency defines a state of the economy in which production represents consumer preferences and it is a characteristic of  an efficient market.
</span>
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Karen and Anika, the owners of a new personal assistant firm called Assist You 2, are interested in offering their services in a
maks197457 [2]

The first thing Karen and Anika should do is to understand the position of competitors by using the positioning process.

<h3>What is positioning?</h3>

The process of positioning refers to the establishment of a business and its products in the market by creating awareness about it. This product positioning helps to create an image of the products among customers.

This product positioning helps the consumers to compare the product with competitors and identify the product with brand value. It also helps to recognize our products with similar products available in the market.

Therefore, Karen and Anika need to understand the position of their competitors if they wanted to provide their services in a market that has already startups and firms.

This helps them to settle the unique value of their products among customers after recognizing the value of competitors' products.

Learn more about positioning, here:

brainly.com/question/14774463

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4 0
2 years ago
Monmouth Laboratories, Inc. pays a $3.29 dividend every year and will maintain this policy forever. What price should you pay fo
Kitty [74]

Answer:

That is a personal choice depending on how the company is doing and how much you are likley to learn from dividends

5 0
3 years ago
What question is asked along the horizontal axis of the markets-and-technology framework?
Julli [10]

The question that is asked along the horizontal axis of the markets-and-technology framework is, Does the innovation build on existing technologies or create new ones?

An employer technology framework defines the era services and features (IT abilities) required to aid the business applications and statistics, which includes common (or shared) application offerings, not unusual records offerings, not unusual system services, network offerings, safety services, Platform services.

By the use of era, we can broaden the era-related functionality and also can integrate it with other technologies. but the framework is a set of libraries as a way to provide a scratch-level implementation using one or extra technology and also offers first-class lessened improvement time.

The technology framework is based totally on the idea that generation is an aid and the generation base of a company represents the technological information that wishes to become products, approaches, and offerings through technological capabilities advanced via effective TM.

Learn more about the technology framework here brainly.com/question/13844818

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4 0
2 years ago
16. A government constructed a bridge 20 years ago at a cost of $30 million. The replacement cost of the bridge today would be $
Contact [7]

Answer:

$20 million

Explanation:

The net of accumulated depreciation is the cost of the road minus accumulated depreciation till date.

Accumulated depreciation=yearly depreciation* 20 years

yearly depreciation=cost/useful life

cost is $30 million

useful life is 60 years

yearly depreciation=$30 million/60 years=$500,000 per yer

accumulated depreciation=$500,000*20=$10 millon

net of accumulated depreciation=$30 million-$10 million

net of accumulated depreciation=$20 million

As a result,option A is the correct answer

8 0
3 years ago
Which type of investment offers both capital gains and interest income?
xxMikexx [17]
The answer is C - stocks
8 0
2 years ago
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