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2 years ago

In capitalism, what does competition do for consumers?

Business

2 answers:

max2010maxim [7]2 years ago

8 0

It keeps prices fair for consumers who are trying to buy there products.

- R3KTFORGOOD ☕

asambeis [7]2 years ago

7 0

Competition of different companies gives consumers a wider variety of products to choose from when buying. For example, if a rival company of a lawnmower company joins in, they would be contesting for consumers who are trying to buy a new lawnmower. This may lead to the companies trying to compete by offering different services, warranty, lower prices, etc.

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Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling fo

wolverine [178]

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.

4 0

3 years ago

Raul wants to join the directors of World Trade but currently owns no shares in the company. He knows that no one else will help

erica [24]

Answer:

$294,412.8

Explanation:

In order to obtain a seat on the board of directors, Raul must hold more than 50 percent of the total number of outstanding shares if there are three open seats and straight voting occurs.

Total number of shares required = (46,000 ÷ 2) + 1

= 23000 + 1

= 23,001 shares

Market price of share = $ 12.80

Total amount = Total number of shares required × Market price of share

= 23,001 × $ 12.80

= $294,412.8

The amount Raul wants to invest on obtaining a seat on board of directors is $294,412.8

7 0

2 years ago

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s

Bad White [126]

I'd say B, by leasing the car he'd save more money if it broke down or stopped functioning properly and if that happened he could lease a different car instead of paying multiple times to fix things that would most likely break down again because he owned it.

8 0

3 years ago

___________ is a technique to analyze and sequence tasks involved in completing a project, to estimate the time needed to comple

svp [43]

Answer:

PERT ( Program Evaluation Review Technique)

Explanation:

PERT stands for Program Evaluation Review Technique. PERT charts are tools used to plan tasks within a project - making it easier to schedule and coordinate team members accomplishing the work.

PERT is a project management planning tool used to calculate the amount of time it will take to realistically finish a project.

Hence PERT is a technique to analyze and sequence tasks involved in completing a project, to estimate the time needed to complete each task, and to determine the minimum amount of time needed to complete each project

6 0

2 years ago

Read 2 more answers

Company A considers buying company B by means of a tender offer. Company B will accept any offer of A which reflects a fair valu

Evgen [1.6K]

Answer:

the price per share in the case when A offers B is $200

Explanation:

The computation of the price per share is as follows:

The fair value is

= ($60 + $120) × 50%

= $90

The 50% represent the percentage of equally

Now the price per share is

= $90 + $90 + $20

= $90 + $110

= $200

Hence, the price per share in the case when A offers B is $200

The same is to be considered

3 0

2 years ago