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Alik [6]
3 years ago
12

A moderately-priced jewelry store is trying to differentiate itself from other jewelry stores. The store prices products somewha

t lower than the super-premium jewelry stores, but offers better products and services than low-end jewelry stores provide. The market situation this store faces sounds most like:_______.
Business
1 answer:
AlekseyPX3 years ago
8 0

Answer:

The correct answer is: monopolistic competition.

Explanation:

There is monopolistic competition in markets that have many companies offering similar products or services. Restaurants, grocery stores, and clothing stores, for example. Such similar products and services are not ideal substitutes for each other. In these industries the barrier to entry and exit is low.

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What is meant by cot plus pricing
KatRina [158]

Answer:

Its technically just a mark up on goods.

Explanation:

Cost plus pricing involves adding a markup to the cost of goods and services to arrive at a selling price.

3 0
3 years ago
Read 2 more answers
Consider an auctioneer who is selling an item through an auction. It is known that the 25 risk-neutral bidders have affiliated v
ratelena [41]

Answer:

2. second-price, sealed-bid auction.

Explanation:

In the given situation, it is mentioned that there is 25 risk -neutral bidders that contains the affiliated values and the same is to be allocated between $0 and $500 million

So, here the type of an action that could maximize the expected revenue is the second price i.e. sealed bid auction as in this the bidder provides the maximum price that received the good in the second maximum price

Therefore, the second option is correct

3 0
3 years ago
Roberta’s brokerage account contains 10 stocks. She has held five of those stocks for over two years, and she purchased the othe
Elena L [17]

Answer: b

Explanation: took the test

3 0
3 years ago
XYZ stock is trading at $25.75 and XYZ Jul 25 calls are trading at a premium of $2. What is the time value of the Jul 25 calls
RSB [31]

Answer:

$125

Explanation:

Time value = Premium - Intrinsic value

Premium. = 2 or $200 i.e 2×100

Intrinsic value = 75

= $200 - $75

= $125

5 0
3 years ago
The annual inventory of The Bike Shop Inc. shows the following information for mountain bikes: DATE QUANTITY COST TOTAL January
Nesterboy [21]

Answer:

$4,536

Explanation:

LIFO assumes that the units to arrive last will be sold first. Hence inventory valuation is based on the prices of earlier units.

Ending Inventory = 36 x $126 = $4,536

The value of the ending inventory using the LIFO method of inventory pricing is $4,536.

5 0
3 years ago
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