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marshall27 [118]
3 years ago
14

Twelve years after Starfire's appearance, a similar coffee-shop chain, Reindeer Brews, entered the marketplace. Reindeer charges

$3 for a mug of hot cocoa and a similar community experience. How would you characterize this scenario
Business
1 answer:
GuDViN [60]3 years ago
5 0

Answer:

Price competition in a monopolistically competitive market

Explanation:

The Monopolistic rivalry is an industry state with several firms that are closely linked to each other but offer distinct goods. Therefore, this sector has unlimited entry and exit

Here the company offers the same service but there are totally different in terms of design, service, quality, etc

Hence, the correct option is c

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After decreasing Nominal & Real GDP, the Federal Reserve will_______.
FinnZ [79.3K]
<span>After decreasing Nominal & Real GDP, the Federal Reserve will engage in Contractionary Monetary Policy. The answer is letter B. IF the Federal Reserve increases the amount of monetary growth, the economic theory shows that it will decrease in the short run but will increase eventually in the long run from their initial value.</span>
4 0
3 years ago
Pentex and Marbro, small companies in the stationery business, each had a dollar gross margin of $20,000 during September 2014.
natima [27]

Answer:

20%

Explanation:

Since the gross margin is $20,000 and the gross margin percentage of Pentex is 10%, so from this information we can find out the sales value which  is shown below:

Gross profit percentage = Gross profit ÷ sales

10% = $20,000 ÷ sales

So, the sales would be $200,000

Since the Pentex sales is twice of Marbro

So, the Marbro sales would be half of Pentex sales

So, the Marbro sales would be $100,000

Now the Marbro gross profit percentage would be

= $20,000 ÷ $100,000

= $20%

8 0
3 years ago
The simple interest rate is 7% per year. if james deposits 10,000 at the end of 18 months coursehero
monitta

Deposit (PV): $10,000

Years between the 18th month and the fifth year (n) = 3.5

(I)=7% yearly interest rate

Simple interest approach accumulated value equals P*(1+(i*n)).

=1000*(1+(7%*3.5))

=1245

Thus, the total value at the end of five years will be $1245.

Compound interest method accumulated value equals P*(1+i)n

=1000*(1+7%)^3.5

=1267.19

Therefore, the total value after five years will be $1267.19.

Learn more about simple interest here ;

brainly.com/question/25845758

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4 0
2 years ago
Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak st
babunello [35]

Answer: Clay Company

Explanation:

Based on the information given, the current, previous year and two previous years beforehand profit margins of Clay company are greater than the corresponding profit margins of Roak company.

This means that Clay company has a better profit margin and shows that they retain a higher percentage of their revenue after costs are taken out as opposed to Roak company.

8 0
3 years ago
true or false: the beta for the portfolio after the stocks have been added is the weighted average of the beta before the stocks
Ket [755]

The answer is true. A stock is a broad phrase that refers to any company's ownership certificates. A share, on the other hand, refers to a company's stock certificate.

You become a shareholder if you own a share of a specific corporation. Stocks are classified into two types: common and preferred. When you purchase stock in a corporation, you become a part-ownership of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company. Investing in stocks is fundamentally about accumulating and growing wealth. The most basic suggestion for traders on how to invest money in the stock market is 'buy cheap, sell high.'

To learn more about stock, click here.

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8 0
1 year ago
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