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
andreyandreev [35.5K]
3 years ago
12

New entrants to an industry are more likely when:a. differentiation among existing competitors is highb. access to distribution

channels is limitedc. switching costs for consumers are lowd. capital requirements to enter the industry are highe. expected retaliation from existing competitors is high
Business
1 answer:
labwork [276]3 years ago
4 0

Answer:

c. switching costs for consumers are low

Explanation:

New entrants to an industry are when new firms enter into an industry.

When it is easy for consumers to change product, it would be easy for consumers to switch to a new product. This would create a market for the new entrant.

You might be interested in
Maxim Corp. has provided the following information about one of its products: Date Transaction Number of Units Cost per Unit 1/1
Setler [38]

Answer:

Cost of goods sold as per average cost method = $92,458.5

Explanation:

As for the information provided as follows:

Opening Inventory             265 units     @         $153 each      = $40,545

Purchase                             465 units     @         $173 each      = $80,445

Purchase                             165  units     @         $213 each      = $35,145

Total data                            895 units                                        = $156,135

Average cost per unit = $156,135/895 = $174.45

In average cost method simple average is performed, whereas in weighted average weights are assigned.

Sale is of 530 units

Cost of goods sold as per average cost method = $174.45 \times 530 = $92,458.5  

7 0
3 years ago
Item 25 In marketing, each __________ consists of people who are relatively similar to each other in terms of their consumption
kifflom [539]

Answer:

market segment.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

In marketing, each market segment comprises of people (consumers) who are relatively similar to each other in terms of their consumption behavior and preference or choice with respect to goods and services.

3 0
3 years ago
What are checks?
LiRa [457]

Answer:

A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held.

7 0
3 years ago
Question 2 of 20
aleksklad [387]

I guess the answer is C. to convince your manager to use a new meeting organization tool

8 0
2 years ago
If you fail to provide proof of insurance, your drivers license and license plates will be suspended for up to ______
kupik [55]
It will suspended up to 5 to 10 or years.
3 0
3 years ago
Other questions:
  • The basic source of state government's revenue is the property tax. <br> a. True <br> b. False
    15·1 answer
  • Assume that the entry closing total revenues of $3,190,000 and total expenses of $2,350,000 has been made for the year. At the e
    5·1 answer
  • Which of the following statements accurately describes the statement of cash flows?A) It is the link between net income and earn
    9·1 answer
  • A decrease in the cost of production will lead to a(n) _____ in supply.
    11·1 answer
  • Where do temporary account balances go at the end of an accounting period?
    5·1 answer
  • Consider the last purchase of two goods by a consumer. A bag of chips costs $1.75 and the marginal utility is 20. A cup of chili
    6·1 answer
  • PLEASE HELP VRO
    10·2 answers
  • Believing in your capabilities and demonstrating<br> confidence in the tasks that you perform
    14·1 answer
  • What operations management function is most important to complete prior to inventory​ management? Part 2
    13·1 answer
  • Make a list of profession and identify their levels​
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!