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GaryK [48]
3 years ago
5

Would the management of a firm in an oligopolistic or in a competitive industry be more likely to engage in what might be called

""socially conscious"" practices?
Business
1 answer:
sp2606 [1]3 years ago
6 0

Answer: Companies in perfect competition do not usually apply "socially conscious" practices because their cost-benefit relationship does not justify it.

Generally, the administration of an oligopolistic company will carry out "socially conscious" practices, because this differentiation between the other companies would lead to higher than normal profits.

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3 years ago
Donna, who is single and 30 years old, received several speeding tickets recently and was shocked by the effect they had on her
Serhud [2]

Answer:

C) raise her deductible from $250 to $1,000

Explanation:

If Donna starts to drop all her coverages, then she will not only pay less, she wouldn't any insurance to cover her.

If she really needs to lower her insurance costs, the best way to do it is to raise her deductible. That way she will still be covered, but she will need to put more money in case of an accident. To be honest, generally car accidents cost thousands, and increasing the deductible from by $750 is not really that much compared to what an insurance policy covers.

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4 0
3 years ago
If 95% and 98% confidence intervals were developed to estimate the true cost of an mp3 player with a known population standard d
olga nikolaevna [1]
Below are the choices that I manage to check from other source:

A.Standard errors
B.Interval widths
C.Z-statistic
D.<span>Both b and c

The answer is D which is </span>Both b and c. 
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3 years ago
If a pair of shoes in the United States costs $45, and a pair of the exact same shoes is sold in Mexico for 430 pesos while the
Svetach [21]

Answer:

The correct answer is profit of $2.3 by selling it in Mexico.

Explanation:

According to the scenario, the computation of the given data are as follows:

In the United states Cost of shoes = $45

In Mexico, Cost of Shoes = 430 Pesos ( where $0.1100 = 1 pesos)

So, 430 Pesos = 430 × $0.1100 = $47.3

So, we can calculate the profit to sell in Mexico as follows:

Profit to sell in Mexico  = Sell price in Mexico - Sell price in US

= $47.3 - $45

= $2.3

So, the arbitrage opportunity exist by buying the shoes in Pesos and selling it in Mexico, one can make a profit of $2.3 per shoes.

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