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3 years ago

Competition is good for customers because it gives them more options.

Business

1 answer:

OverLord2011 [107]3 years ago

4 0

Answer:

The correct answer is A. It is true that competition is good for customers because it gives them more options.

Explanation:

In economics, competition refers to the pursuit of a goal by at least two economic subjects, with the higher degree of goal achievement of one actor causing a lower degree of goal achievement by the other.

Competition requires at least one actor with an inferior degree of target achievement and thus works against certain social principles such as equality, as it requires a privileged position of those who have achieved the higher degree of target achievement.

As for consumers, the bidding between companies through competition is beneficial. This is because, to capture the largest proportion of the market, companies make different offers, promotions and other proposals that imply benefits for consumers, who can choose the best proposal that best suits their economic possibilities and their tastes.

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A nongovernmental not-for-profit organization received the following donations of corporate stock during the year:Donation 1 Don

Anna71 [15]

Answer:

C. $14,000

Explanation:

Donated securities are initially recorded at the fair value on the date the gift is received. The securities will be reported at their market value at the end of the year i.e. the balance sheet date. Fair value at the year end will thus be the sum of the fair value of the two donations at the end of the year i.e $10,000 + $4,000 = $14,000.

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3 years ago

Agency costs faced by MNCs may be larger than those faced by purely domestic firms because: a.monitoring of managers located in

mars1129 [50]

Agency costs faced by MNCs may be larger than those faced by purely domestic firms because:

monitoring of managers located in foreign countries is more difficult AND foreign subsidiary managers raised in different cultures may not follow uniform goals.
monitoring of managers located in foreign countries is more difficult.
.MNCs are relatively large.
foreign subsidiary managers raised in different cultures may not follow uniform goals.

<h3>What are multinational corporations?</h3>

Multinational corporations can be regarded as one that have the license to operates in more than one country at a time.

Agency costs faced by MNCs may be larger than those faced by purely domestic firms due to how foreign subsidiary managers raised in different cultures may not follow uniform goals.

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2 years ago

1. Describe the value of an education.

Colt1911 [192]

Well you need an education to get a job and make money to survive, if you want to lets say work at a fast food place then you need to know math, and ALGEBRA to combine foods and stuff. If you want to be a reporter then you'll need to know English language arts. Basically you'll need an education for any job you get.

4 0

3 years ago

A two-year bond with par value $1,000 making annual coupon payments of $100 is priced at $1,000. a. What is the yield to maturit

amm1812

Answer: 10%

Explanation:

When the price of a bond is at par, it means that the coupon rate and the Yield to Maturity are the same.

The Coupon rate is the interest rate that the Issuer of the bond pays the bond holders as a percentage of Par.

The Coupon payment here is $100 and the rate is;

= 100/1,000

= 10%

<em>Coupon Rate = 10% = Yield to Maturity </em>

4 0

3 years ago

Suppose that video game discs are a normal good. If the incomeof video game players increase, you predict that in the market for

arlik [135]

Answer:

Option (D) is correct.

Explanation:

It was given that video game is a normal good. We know that there is a positive relationship between the demand for a normal good and income of the consumer, hence, if there is an increase in the income level of the consumer then as a result the demand for a normal good increases which shifts the demand curve for normal good rightwards.

Therefore, this will lead to increase both equilibrium price and equilibrium quantity in the market for video games.

5 0

3 years ago