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Pepsi [2]
3 years ago
10

Generally, perfectly competitive industries such as paper and steel (commodities) are deemed to be ________ in profits to more d

ifferentiated industries like pharmaceuticals and cosmetics. A. Similar B. Indeterminate C. Inferior D. Superior
Business
1 answer:
Marrrta [24]3 years ago
5 0

Answer:

<h2>The answer in this case would be option C. or Inferior.</h2>

Explanation:

  • A perfectly competitive market structure is characterized by numerous buyers/consumers and sellers/producers pertaining to the market for any particular good or service.The product or service sold in the perfectly competitive market is customarily similar or homogeneous.
  • There are no legal and administrative barriers to entry or exit for any individual firm or company in the perfectly competitive market structure eventually leading to higher level of market competition or rivalry.
  • High level or market competition or rivalry hinders the market power or price making ability of the firms or companies indicating that no single or individual firm or company in the market cannot determine the market price for the concerned good or service in the market and hence,they do not have any control over the market price.
  • In contrast,in relatively non-competitive markets such as monopolistic competition,characterized by differentiated or heterogeneous products or services generally experience relatively low market competition or rivalry providing respective firms or companies with relatively higher market power or control over the market price of the concerned product or service.Hence,in non-competitive markets with differentiated or heterogeneous products or services,the individual firms or companies can somehow determine the market price for the concerned product or service according to their profit maximizing intentions or behavior.
  • Therefore,overall profitability of the firms or companies in non-competitive firms is relatively higher compared to competitive firms or companies mainly due to product or service differentiation and difference in market competition or rivalry and price making ability or level of market power.
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rewona [7]

The Tullen Group is an example of a marketing intermediary as it is hired to design an advertising campaign that includes creating a web presence.

<h3>What is a marketing intermediary?</h3>

This refers to those independent firms that assist firms in the flow of goods and services from producers to end-users.

A typical example of a marketing intermediary includes:

  • the agents
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Also, these intermediary also functions as a link between manufacturers and customers in the distribution of products.

Hence, the Tullen Group is an example of a marketing intermediary as it is hired to design an advertising campaign that includes creating a web presence.

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8 0
1 year ago
HELP PLEASE HURRY!!!! Is it fair to restrict people's ability to work based on their age? Why or why not? Justify your answer.
7nadin3 [17]
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3 0
3 years ago
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Match each term below with the description that fits it best. 1. Treasury stock 2. Issued capital stock 3. Outstanding capital s
saw5 [17]

Answer:

1) shares held by the issuer that is shares of Firm A held by Firm A

2) the amount of shares issued by the firm

3) the amount of shares which are circulating in the market (issued less treasury stock)

4) is the amount the governement angency in charge of regulations approved the firm to issue It cannot surpass this ammount without their permission being granted

5) shares at which a down payment has been made but, not paid in full by the potential stockholders

Explanation:

DISCLAMER:

As the options aren't given I define each concept

3 0
2 years ago
The advantages of using a franchising strategy to pursue opportunities in foreign markets include:.
Sliva [168]

The advantages of using a franchising strategy to pursue opportunities in foreign markets include : Having franchisees bear most of the costs and risks of establishing foreign locations and requiring the franchisor to expend only the resources to recruit, train, and support and monitor franchisees.

<h3>What is franchising?</h3>

Franchising is a marketing concept in which when adopted by an organization, can be used as a strategy for business expansion.

The Franchisor is the original business owner who sells the right, intellectual property and use of its business model to use its business name and idea.

Basically, franchise provides the opportunity to buy into a successful business model which has track record, solid supply chain and expert technical support.

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6 0
2 years ago
Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods
SIZIF [17.4K]

Answer:

LIFO ending inventory $   544.00

Weighted average:      $    565.44‬

FIFO ending invetory:  $   590.00

Explanation:

weighted-average:

1,449 / 41 = 35,34

Ending Inventory

16 x 35.34

LIFo we pick the first 16 units as the latest were sold:

8 units at $ 33  =  $ 264

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Total ending inventory $ 544

FIFo we pick the last as the first one are the first being sold

15 units at 37 = 555

1 unit at 35 =       35

total ending      590

7 0
2 years ago
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