Answer:
the supply will decrease causing an increase in pricing on mattresses.
Explanation:
Monopolism occurs when only one supplier produces a product with no other competitors. They control the supply and price of commodities.
Since other mattresse sellers have closed shop, the final seller will have monopoly of the mattresse market.
In order to maximise revenue he will reduce supply and increase prices so that customers will have no choice but to buy the scarce mattresse at higher price.
Answer:
yes portion of your health insurance is paid by your employer
Answer: $3.10
Explanation:
Accounting breakeven = Fixed costs / Contribution margin
Fixed costs = Fixed costs + Depreciation = 27,000 + 18,000 = $45,000
50,000 units = 45,000 / Contribution margin
Contribution * 50,000 = 45,000
Contribution = 45,000 / 50,000
Contribution margin = 0.9
Contribution margin = Sales - Variable cost
0.9 = 4 - Variable cost
Variable cost = 4 - 0.9
= $3.10
Answer:
C. To ensure secrecy and security regarding the company's actions
Explanation:
Ensuring secrecy and security regarding the company's actions is not one of the principles of corporate public relations that a company should follow.
Answer:
Charles is classified in the adopter category called "Latecomers"
Explanation:
Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.
Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.
