3 years ago

Competition happens when two or more businesses

Business

1 answer:

g100num [7]3 years ago

5 0

Answer:

fight for the same benefit or gain

Explanation:

For example, if there are two firms in an industry. The goal of the two firms would be to maximise profit. To achieve this, the two firms would engage in various competitions in order to attract customers.

For example, they may differentiate their products or give discounts in order to attract customers and so increase profits

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valentina_108 [34]

<span>Salary is the correct answer. </span>

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3 years ago

Find the average variable cost for producing 18 sneakers. Round your answer to the nearest hundredth.

murzikaleks [220]

Answer: $2.78

Explanation:

Average variable cost is calculated by dividing the total variable cost of producing a certain number of units of a good by that same number of units.

Average variable cost = Variable cost of producing 18 sneakers / 18

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avanturin [10]

The purchase of land by Hanover, Inc. through the issuance of long term bonds should be reported on the statement of cash flows as
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