1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LenKa [72]
2 years ago
6

For each of the following pairs of firms, explain which firm would be more likely to engage in advertising.

Business
1 answer:
lions [1.4K]2 years ago
7 0

Answer:

The correct answers are:

a) Family owned restaurant

b) A manufacturer of cars

c) A company that invented a very comfortable razor

Explanation:

First of all, the family who owned a restaurant will be the one that would most likely engaged in advertising due to the fact that they provide a service that has to be known for the people of the community around the place and all the tourists that go that area, meanwhile the other familiy would obviously just sell its products to the better buyer that they could find.

Secondly, the manufacturer of cars would be the one that most likely engaged in advertising due to the fact that they found themselfs in a very competitive and oligopoly market that is the car market and therefore that they highly need to stand out their making them better than the ones from the competitors.

Finally, the company who invented a very comfortable razor would be the one who engaged more in advertising due to the fact that they known they have a better product that the rest of the competitors so they need to take advantage of that and make sure that the consumers know about it and with that they would sell more and therefore invest more in advertising as well.

You might be interested in
The sales tax rate is 7.4 find the tax paid for a pair of shoes with of list price of 93
Anika [276]
The answer is "$6.88".

Sales tax rate = 7.4%
price of shoes = $93
Tax paid for a pair of shoes = 7.4% x $93
=7.4/100 x 93
= 0.074 x 93
= 6.882
= $6.88
5 0
2 years ago
When the output of the collective farms and private plots were compared?
-Dominant- [34]
<span>The private plots were more productive
In collective farms, the land and the operations are mostly owned by the states.
This situation created lack of competition, which demotivates the farm's operators to increase the quality of the farms.
This will lead to private plots gaining more incentives to create a better output from their farms.</span>
5 0
2 years ago
Although many factors affect the value of real property, what is the primary driver in determining the value of real property?
garri49 [273]

Answer:

Supply and Demand

Explanation:

Although there are many factors which are given below:

1. Location of the real property

2. Supply and demand

3. The rate of interest

4. Population size

5. Market trends of property, etc

But the primary driver is supply and demand because if the demand of the property rise than the supply, the price of real property is rising whereas if the supply of the property is rise than the demand, the price of real property is declining

5 0
2 years ago
On January 1, 2019, Wasson Company purchased a delivery vehicle costing $47,550. The vehicle has an estimated 7-year life and a
Umnica [9.8K]

Answer:

$35,660

Explanation:

the depreciable value of the vehicle = $47,550 - $4,500 = $43,050

depreciation expense per mile driven = $43,050 / 105,000 miles = $0.41

depreciation expense 2019 = $0.41 x 10,500 = $4,305

depreciation expense 2020 = $0.41 x 18,500 = $7,585

accumulated depreciation = $11,890

book value = $47,550 - $11,890 = $35,660

4 0
3 years ago
Knowles &amp; Foreman Company took the following data from its income statement at the end of the current year:Per-unit product
Slav-nsk [51]

Answer:

d. 1,680 units

Explanation:

7 0
2 years ago
Other questions:
  • John saw an ad for flowers that included the phone number 1-800-FLOWERS. Two months later, John wanted to send his mother some f
    14·1 answer
  • Personal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and service
    14·1 answer
  • Which activity is done in Step 2 of comparison shopping?
    14·1 answer
  • The demand for chocolate chip cookie dough ice cream is likely quite elastic because
    8·1 answer
  • Which of the following is an accurate definition of document management systems? systems that manage electronic records, often c
    15·1 answer
  • What are the use of water mill?
    14·1 answer
  • A company decides to introduce a line of crackers made with organically grown grains and vegetables. What environmental trend is
    7·1 answer
  • Classify the type of data analytics ​(descriptive, diagnostic,​ predictive, prescriptive, or adaptive and​ autonomous) being use
    12·1 answer
  • From an entrepreneurial perspective, ______ is a description of the future you envision for your business.
    12·1 answer
  • ______ management refers to the activities related to planning for, attracting, developing and retaining an effective workforce.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!