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noname [10]
3 years ago
8

Home value inc., max cart inc., and nice necessities inc. are three consumer-product retailing companies. their products consist

primarily of day-to-day items that are easy to imitate and sell. all three companies use the same resources and capabilities in the production and distribution of their products. which of the following is an implication of the market condition indicated in this scenario?
a. resource immobility of the firms will be low.
b. the industry structure will be far from perfect competition.
c. barriers to entry within the industry will be high.
d. any advantage that one firm has will be short-lived.
Business
1 answer:
fiasKO [112]3 years ago
5 0

Any advantage that one firm has will be short-lived is an implication of the market condition indicated in this scenario

Explanation:

Market conditions at a certain point in time are features and the state of a specific market. The definition of the market situation includes specifying the number of participants on a certain market, the level of competitivity, the total open demand and the growth rate of the industry.

Market conditions apply to the attractiveness (or not) of a company's overall economic. All companies in a sector are influenced by market conditions, while their potential for benefit or to adapt to changes in market conditions differs.

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An automated turning machine is the current constraint at Jordison Corporation. Three products use this constrained resource. Da
Maru [420]

Answer:A. LN, JQ, RQ

Explanation:

To know the current profitability, we need to determine the contribution margin unit  by the minutes on the constraints .

a) For LN  

Contribution by unit =  Selling price per unit- Variable cost per unit

$ 161.88 -$116.12 = $45.76

Contribution by the minutes = Contribution by unit / Minutes on the constraint

= $45.76/ 2.60 = 17.60

B) For JQ

Contribution by unit =  Selling price per unit- Variable cost per unit

$ 350.41 -$279.11 = $71.3

Contribution by the minutes = Contribution by unit / Minutes on the constraint

= $71.3/ 4.60 = 15.50

c) For RQ  

Contribution by unit =  Selling price per unit- Variable cost per unit

$ 446.71 -$338.71 = $108

Contribution by the minutes = Contribution by unit / Minutes on the constraint

= $108/ 7.50 = 14.40

In order of their current profitability from most profitable to least profitable, We have LN with 17.60, next JQ with 15.50 and the least RQ with 14.40  

4 0
3 years ago
how does money solve the problem of double coincidence of wants? explain with an example of your own.​
slega [8]

Answer:

Money is a medium of exchange and satisfaction of needs.

Explanation:

for instance:- if you want to eat ice cream ( which is your want). You give money to shopkeeper who sell money ( his want is money). You give him money in exchange of ice cream . In this way , double wants are satisfied.

4 0
3 years ago
In a case where two projects are not mutually exclusive and have returns exceeding the cost of capital, the firm should
tangare [24]

Answer:

That two projects are not mutually exclusive means the firm can implement both projects. They should run both because they both have returns exceeding the cost of capital.

Explanation:

8 0
3 years ago
Firms are very small relative to the market. Firms have significant price control. Firms produce very similar products. There is
Anika [276]

Answer:

  1. Firms are very small relative to the market. PERFECT COMPETITION
  2. Firms have significant price control. NOT PERFECT COMPETITION - in perfect competition all firms are price takers.
  3. Firms produce very similar products. PERFECT COMPETITION
  4. There is a large number of firms. PERFECT COMPETITION
  5. There are significant barriers to entry and exit to the market. NOT PERFECT COMPETITION - in perfect competition there is free market entry and exit
  6. Firms have no price control. PERFECT COMPETITION
  7. Firms produce differentiated products. NOT PERFECT COMPETITION - in perfect competition firms produce homogeneous products.

7 0
3 years ago
Beau borrows $15,000 from credit center to buy a car. The lender assigns the right to receive the loan payments to debt collecti
alexandr1967 [171]

Beau gets a $15,000 loan from a credit union to buy an automobile. Debt  receives the assignment from the lender of the authority to accept loan payments. Beau can be sued by the assignee if he refuses to pay the loan.

A payment is the voluntarily made exchange of money, its equivalent, or other valuables by one party (such as an individual or business) for a loan another's goods, services, or to satisfy a legal obligation. Payer refers to the party sending the money, whereas payee denotes the recipient of the payment.

In principle, the payee is free to choose the payment method he or she will take; nevertheless, most payments regulations often compel the payer to accept the nation's legal cash up to a specified maximum. Except loan otherwise otherwise agreed by the parties, payments are typically made in the payee's native currency.

Learn more about payments here

brainly.com/question/15138283

#SPJ4

5 0
1 year ago
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