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
Taya2010 [7]
3 years ago
9

World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wirea hig

h-grade titanium wire. each company has developed a titanium wire producttitanium wire product and aggressively advertises it. the two firms are locked in a​ duopolists' dilemma. the​ duopolists' dilemma facing world metalsworld metals and zhing xu metalszhing xu metals is​ _______.
Business
1 answer:
Alona [7]3 years ago
7 0

Answer:

whether they could trust each other to raise the price of a roll of titanium wire and decrease advertising to raise economic profit

Explanation:

A duopoly occurs when only two sellers in a market control the supply and price of a product.

World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wire.

They are both advertising aggressively, but if they agree to collaborate there will be reduced need for advertising.

Them they can both raise the price of titanium wire in order to make more economic profit.

You might be interested in
Over the past several years, like other auto manufacturers, General Motors (GM) has introduced many new models of sport utility
Aleonysh [2.5K]

Answer:

D. Market maturity

Explanation:

Over the past several years, like other auto manufacturers, General Motors (GM) has introduced many new models of sport utility vehicles (SUVs) in all of its major divisions. This proliferation of SUVs and an increase in gasoline prices have caused sales to level off. In response, General Motors offered rebates of up to $5,000, or no-interest financing, on selected models of SUVs. The largest rebates went to current owners of GM vehicles, so that they would replace their current vehicles with a GM model instead of switching to another brand. The rebates have been heavily advertised on national television. Profit margins per vehicle have shrunk as a result of these costly promotions.

General Motors is currently operating in the Market maturity stage of production life cycle.

6 0
3 years ago
What do you understand by the term social structure? Explain social roles in the context of social structure and quote real life
Alex73 [517]

Answer:

Social structure is the arrangement in the society where people live and interact together in the society.

Explanation:

Social structure in humanism is considered to be the specific and stable plan of the organizations where the people in general public collaborates and lives respectively. The social structure is often treated together with the very idea of the social change that tries to manage the powers of the people which changes the social structure as well as the association of the society.

Social structure helps the individuals to sort out their current circumstances and it limits which characterize the insiders and the outcasts. Social structure restricts certain alternatives and spots us in the discretionary classes that is not based on the personal preferences.

Karl Marx once stated how the monetary creation is coordinated by central main part of the general public.

7 0
3 years ago
Suppose you own a restaurant were does the revenue come from
son4ous [18]
Revenue per hour of labor
8 0
3 years ago
A landscaping company accepts MasterCard as payment for $1,000 worth of services. MasterCard charges a service fee of 2 percent.
Novosadov [1.4K]

Answer:

Dr   Cash     1020

               Cr         Service revenue   1000

               Cr          Service fee           20

Explanation:

 Service fee is expense of individual who is purchasing not store's expense.

- Total cash received by store is $ 1020 because 2% is service charges by master card,its is income of master card not store so store will treat as liability.

The only revenue of store is $1000.

3 0
3 years ago
Smith Law Firm specializes in the preparation of wills for estate planning. On October 1, 2021, the company begins operations by
borishaifa [10]

Answer:

Financing cash flows will be as follows;

Explanation:

Stocks                        $11,000

Loan                          $16,000

Dividends paid            ($1,100)      

Cashflows from financing activities   $25,900  

The salaries paid and service revenues received are shown in operating activities, therefore they are not shown in financing activities of cash flow statement.

6 0
3 years ago
Read 2 more answers
Other questions:
  • ​GEICO, the​ number-two auto insurer with ​$15 billion in revenue last​ year, spent ​$0.80 billion on advertising that year and
    15·1 answer
  • Consider a perfectly competitive industry initially in the long-run equilibrium. If all firms in the industry are required to ad
    11·1 answer
  • An industry is composed of 10 firms, all with equal sales (e.g. firm 1 sales are 10% of the market, firm 2 sales are 10% of the
    14·1 answer
  • Due to the h1n1 flu outbreak, the demand for hand sanitizer tripled. Should johnson & johnson increase production of their p
    9·1 answer
  • Secondary technology skills are skills that may be improved as the online class progresses. T or F
    6·2 answers
  • During 2017, its first year of operations as a delivery service, Concord Corporation entered into the following transactions.
    6·1 answer
  • Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression
    13·1 answer
  • Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research Park, home to numerous hi
    5·2 answers
  • Assume your balance is back at $0. You desperately want a TV for your bedroom, but you don’t have any money saved. You put the $
    8·1 answer
  • The ________ innervation of the kidneys reduces urine production, while the function of its ________ innervation is unknown
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!