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3 years ago

Which market(s) has no competition

Business

2 answers:

Lubov Fominskaja [6]3 years ago

8 0

I think it's B. not entirely sure

skad [1K]3 years ago

7 0

The market with no competition would be A.) Monopoly. The reason is because there's only one seller of the product so, they have no one to compete with. Think of monopoly as dominating a certain product.

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The four factors of production are

Nutka1998 [239]

: land, labor, capital, and entrepreneurship.

4 0

3 years ago

Read 2 more answers

The two most common pricing alternatives for products in the introduction stage of the product life cycle are:.

Anarel [89]

Answer:

penetration pricing and skimming pricing

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2 years ago

Rihanna, Inc. sells watches for $100 per watch. The variable expenses are $20 per unit, and the fixed expenses total $80,000 per

muminat

Answer:

Net operating income = $240,000

Explanation:

At first we have to determine the break-even sales.

We know,

Break-even sales in units = Fixed expense ÷ (Sales price per unit - Variable cost per unit)

Break-even sales in units = $80,000 ÷ ($100 - 80)

Break-even sales in units = $80,000 ÷ $20 = 4,000 units.

Therefore, if the company sells 4,000, there will be no operating income.

If the total sales of Rihanna, Inc. is increased by $400,000, it means the company sells $400,000 ÷ $100 = 4,000 more units.

Therefore,

Sales = $400,000

Less: Variable expense (4,000*$40) = $160,000

Contribution Margin = $240,000

The new net operating income will be $240,000 as the fixed expense remains same for the entire period.

8 0

3 years ago

Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0

Tatiana [17]

Answer:

See explanation

Explanation:

Armstrong Co.

Multi-step Income Statement

For the year ended, December 31, 20YY

Sales $755,000

Less: Cost of merchandise sold (330,000)

Gross Profit $425,000

Less: Operating expenses

Administrative expenses $35,000

Selling expenses $50,000

Total operating expenses $85,000

Income from operation $340,000

Other revenue and expenses:

Rent Revenue $25,000

interest expense ($30,000)

Total other revenues (expenses) $(5,000)

Income before taxes $335,000

Less: Income Tax 0

Net Income (loss) $335,000

That is the appropriate way to prepare a multi-step income statement

3 0

3 years ago

Ge is disrupting itself by using reverse innovation to create low-cost health care diagnostic products in emerging markets. all

umka2103 [35]

ge is utilizing reverse innovation in order to protect itself from rivals.

<h3>What is reverse innovation?</h3>

Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.

Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.

The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.

To know more about reverse innovation follow the link:

brainly.com/question/14085977

#SPJ4

8 0

2 years ago