<span>In the five forces model, the more that companies compete against one another for customers, the lower the level of profits is likely to be for that industry.</span>
I think it’s 3 and 4 as the answer.
Answer:
The correct answer is letter "B": predatory pricing.
Explanation:
Predatory pricing refers to companies setting prices below the average level in an attempt to wipe out competition. In the beginning, consumers may benefit from the low prices but after the competition has disappeared, the predatory company raises the prices, but, in this scenario, consumers do not have substitutes from where to choose. The predatory company became a monopoly.
Predatory pricing practices are forbidden by the Federal Trade Commission (FTC) in the U.S.
Answer:
The correct answers are letters "A", "B", and "C".
Explanation:
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Answer:
1. b) $2 U
2. d) $2800 F
3. a) $6920 F
4. d) $10253 F
Explanation:
1) The activity variance for administrative expenses in May would be closest to: (3000-3020)*.10 = 2 U
Therefore, answer is b) $2 U
2) Revenue variance = (38*4100)-158600 = 2800 F
Hence, answer is d) $2800 F
3) Revenue variance = (5940*32.60)-200564 = 6920 F
So answer is a) $6920 F
4) Spending variance for plane operating costs = (39590+2649*85+4*297)-255690 = 10253 F
So answer is d) $10253 F