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Pepsi [2]
3 years ago
6

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at

the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in _____?
Business
1 answer:
mestny [16]3 years ago
8 0

Answer:

Predatory pricing.

Explanation:

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in predatory pricing.

Predatory pricing is a strategy used by some business owners to reduce the cost of a particular commodity or item to the lowest possible amount such that the available competitors will be driven out of business.

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Arturo hires Kate to work in new sporting goods store. "Look," he explains, "I can only pay you $9.00 per hour. But if business
topjm [15]

Answer:

Option E. Kate will win nothing.  

Explanation:

The reason is that Arturo promise was to pay Kate for $9 an hour but Arturo didn't promised him for employment duration which means we even don't know what is healthy bonus and what is a good business postion because it varies from business to business and also depends upon the investment.

So the contract lacks information about what were the terms and condition of the employee contract so Kate will win nothing in the case.

7 0
3 years ago
b. Suppose Tom has $5 to spend on Batman and Superman comic books (nothing else matters to Tom). If Tom wants to maximize his ut
kirill115 [55]

Answer:

But 1 Batman comics book, and 2 Superman comics book

Explanation:

Remember, Tom has only $5 to spend on the two books, with the goal of deriving maximum utility. Thus, if he spends on 2 quantity of Superman comics he deeives total marginal utility of 150 (58+92). Then, he may proceed to Batman comics, which gives him a marginal utility of 40.

3 0
3 years ago
List any 5 important of wetland​
antiseptic1488 [7]

Answer:

Wetlands are highly productive and biologically diverse systems that enhance water quality, control erosion, maintain stream flows, sequester carbon, and provide a home to at least one third of all threatened and endangered species. ... improve water quality. provide wildlife habitat. maintain ecosystem productivity.

8 0
3 years ago
If the liabilities of a business are Rs.7,50,000 and the capital is Rs. 8,50,000. Find the total assets.
Jlenok [28]

Rs 1600000

Explanation:

accounting equation= asset= liability+capital

3 0
3 years ago
Cash flows from investing activities include all of the following except:
astra-53 [7]

Answer:

(D) Cash proceeds from borrowing

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets. It also includes collections on loans and  Cash advance to borrowers

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

Options A, B, and C are the investing activities whereas option D is financing activities.

5 0
3 years ago
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