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alekssr [168]
4 years ago
14

Pool Line is the manufacturer of a pool cleaning system that has been called by the pool construction industry, "the miracle we

have waited a lifetime for." The cleaning system is very effective and recommended by all consumer magazines. The result is that 93 percent of all new pools have the system, and 94 percent of all pool owners buying replacement systems choose Pool Line. The relevant product market is:
Business
1 answer:
lilavasa [31]4 years ago
7 0

Answer:

pool cleaning systems.

Explanation:

Product market refers to the markets where a final product or service can be sold, e.g. financial services market is where banks, investment firms and others offer their banking, investment and trading services.

In this case, the product market for Pool Line is the market for pool cleaning systems which includes both pool constructors and owners of existing pools as customers.

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James operates a monopoly hiking gear store in the woodland trails near his home in the Ozarks. He is currently producing at an
cupoosta [38]

James will need to decrease the marginal revenue to reduce his output.

<h3>What happens when marginal revenue equals marginal cost?</h3>

This is known as an economic equilibrium and there is no economic profit in such equilibrium.

To incur profit now, he will have need to decrease the marginal revenue to reduce his output

Therefore, the Option B is corrrect

Missing options <em>"will increase profits, will decrease marginal revenue, can charge a higher price."</em>

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6 0
2 years ago
1-8 Dollar General Corporation operates deep-discount stores offering housewares, cleaning supplies, clothing, health and beauty
Temka [501]

Answer:

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8 0
3 years ago
Television Haven buys televisions from a manufacturer and then sells them to department stores. Television Haven is most likely
MaRussiya [10]

Answer: Wholesaler

Explanation:

Television Haven buys televisions from a manufacturer and then sells them to department stores. Television Haven is most likely a wholesaler.

A wholesaler involves someone who buys goods from the manufacturer or producer in bulk, that is large quantities and then sell to the retailers after which the retailer then sells to the consumers

Here, Television Haven is a whilesaler while the department store is a retailer.

5 0
3 years ago
A fee paid by a borrower to the lender for the use of borrowed money
Stolb23 [73]

A fee paid by a borrower to the lender for the use of borrowed money; typically interest is calculated as a percentage of the principal (original loan amount). A debt evidenced by a "note," which specifies the principal amount, interest rate and date of repayment.

5 0
3 years ago
To be​ effective, communication must​ ________. A. benefit both parties B. only involve a sender C. be written D. only involve a
ella [17]

Answer:

Benefit both parties

Explanation:

Communication is the process of transferring information from the sender to the receiver. In a communication process: The sender encodes the information, transmits it via a medium, the sender receives the message, decodes it, perceives it and send feedback to the sender.

It the process mentioned above, communication will become ineffective if any of the things is not done properly. Consequently, it should involve, and therefore, benefit both the parties.

5 0
4 years ago
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