In a market with many sellers, businesses compete for customers by offering _____ and ____

Agreement and disagreement among economists

r-ruslan [8.4K]

Answer and Explanation:

The disagreement arise between this economist is due to the differences in the scientific judgements as they disagree due to the various scientific judgements. And, despite their differences, the proposition of two economists should be chosen at random as the tariff and import quotas normally decreased the economic welfare as it always result in deadweight loss and in this both economist should be agree for the same

4 0

3 years ago

Marketing News is a magazine from the American Marketing Association that covers all aspects of the marketing industry. It is ma

KatRina [158]

Answer:

Vertical publication

Explanation:

Vertical publication are those types of publications where the editorial content is majorly focused on one type of industry or business. They are similar to trade magazines. In this case, the publication is concerned and majorly focused on marketing industry, hence why we refer to it as a vertical publication. They are publications usually written to benefit a particular business, industry or profession.

3 0

3 years ago

Read 2 more answers

The Coffee Collective's goal is to provide customers with a unique coffee drinking experience and a loyalty rewards program. In

lyudmila [28]

Answer:

b) perceived superior value

Explanation:

The coffee company is providing perceived superior value as it provides consumers with a unique coffee drinking experience and a loyalty rewards program. I hope my answer helps you

7 0

3 years ago

Strike offers to sell Bailey one thousand shirts for a stated price. The offer declares that shipment will be made by Dependable

Vikentia [17]

Answer:

We can assume that both Strike and Bailey are American companies and that they operate in that US under the UCC rules. Under UCC rules they are both considered merchants since they trade with the goods related to the contract. Strike's offer was very precise and Bailey's acceptance was made in a reasonable manner which can be considered a valid acceptance.

The only difference exists with the shipping company, which the UCC rules consider a conflicting term and Strike should have either objected or ratified it before sending the goods. Since Strike didn't object Bailey's terms, then by using a different truck company it is breaching the contract.

8 0

3 years ago

Midlands Inc. had a bad year in 2016. For the first time in its history, it operated at a loss. The company’s income statement s

Anestetic [448]

Answer:

BEP 2016: $ 1,700,000

BEP 2017:

under proposition a)

contribution margin:

(2,310,000 * 1.25 - 924,000) / 2,310,000 * 1.25 = 1,500,000

under porposition b)

fixed cost decrease by: 197,000 - 40,000 = 157,000

contribution margin decrease by 5% to 55%

(1,020,000 - 157,000) / (0.6 - 0.05) = 1,569,090.90

under proposition c)

We distrubute the same cost but now 50% is fixed and 50% variable:

1,944,000 x 50% = 927,000

contribution margin:

2,310,000 - 927,000 = 1,383,000

ratio: 1,383,000 / 2,310,000 = 0.5987

BEP

927,000 / 0.5987 = 1,548,354.77

Explanation:

Break even point formula:

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

Where:

$\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio$

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

Sales: 2,310,000

Variable cost: 924,000

Contribution: 2,310,000 - 924,000 = 1,386,000

Contribution ratio: 1,386,000 / 2,310,000 = 0.6

Fixed cost: 1,020,000

BEP 2016

1,020,000 / 0.60 = 1,700,000

6 0

3 years ago

In a market with many sellers, businesses compete for customers by offering _____ and _____.

In a market with many sellers, businesses compete for customers by offering _ and _.