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wariber [46]
3 years ago
8

Home Value Inc., Max Cart Inc., and Nice Necessities Inc. are three consumer-product retailing companies. Their products consist

primarily of day-to-day items that are easy to imitate and sell. All three companies use the same resources and capabilities in the production and distribution of their products. Judging from the market conditions described in this scenario, which of the following statements is true?
A. Resource immobility of the firms will be low.
B. The industry structure will be far from perfect competition.
C. Barriers to entry within the industry will be high.
D. Any advantage that one firm has will be short-lived.
Business
1 answer:
ruslelena [56]3 years ago
8 0

Answer:

D. Any advantage that one firm has will be short-lived.

Explanation:

With the three firms all producing the same product with similar resources in their production and distribution of their products, any advantage that a firm has over the others if any would not last long at all. This is because each firm is using similar technique in the same location. Hence, there's nothing special about one of the firms over the others.

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Norberto is opening a bicycle shop, and his monthly expenditures to get the shop up and running exceed his monthly income. Norbe
horrorfan [7]

Answer: option D

       

Explanation: Borrower or demander refers to the person who is asking and expecting some other party to give him some commodity with the arrangement that he or she will get that commodity back to the lender.

In the given case, Noberto has more outflows than the inflows hence he must be having shortage of fund. Thus, to cope with that shortage he can only borrow or demand the finds from any other entity.

Hence from the above we can conclude that the correct option is D.

7 0
3 years ago
Agent Smith showed a buyer a listing. The laws in the state require the agent to do an agency disclosure before showing a listin
g100num [7]

Answer:

Implied agency

Explanation:

Agency

This is simply known as a form of

relationship between two parties in that the principal hires another person to represent him or her.

An agency relationship can be created with 2 types of agreements between the parties. They are

1. Express agency

2. Implied agency

Express agency

This is simply known as a formal contractural agreement. It can be in an oral or written format.

Implied agency

This is often regarded as an implied agreement. It is an agency which is created through the actions of the parties, instead of an express agreement. It is also called Ostensible agency.

Listing Agreement

This is simply defined as written employment contract which gives right to the broker to find a buyer or a tenant for the owner's property.

4 0
2 years ago
The capital structure weights used in computing a firm's weighted average cost of capital:_________.
neonofarm [45]

Answer:

B. Are based on the market values of the firm's debt and equity securities.

Explanation:

The capital structure weights do not normally remain constant, since retained earnings, an essential component of equity capital, would keep changing from year to year, thereby changing the overall capital structure and the respective weights. Weighted Average Cost of Capital (WACC) is the overall costs of capital and is based on your current capital structure.

7 0
3 years ago
The escrow officer is a neutral third party who alternately represents both the buyer and seller in:_____.
Effectus [21]

Answer: a limited agency capacity.

Explanation: An escrow officer or personnel is usually a third party who represents both the interests of the buyer and seller in a business transaction. The escrow acts in a limited agent capacity in the sense that the funds from the buyer is released to the escrow once the buyers confirms satisfaction with service rendered by the seller the escrow releases the funds to the seller.

6 0
3 years ago
If aggregate demand shifts to the left by $400 billion and aggregate supply is upward-sloping, then real output will decrease by
Reptile [31]

Answer:

will decrease by $400 billion and the price level will fall

7 0
1 year ago
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