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natita [175]
3 years ago
9

In three to four sentences, explain the effect of competition on the price of goods and services and whether or not this is a go

od thing for consumers.
Business
2 answers:
Ksivusya [100]3 years ago
5 0
<span>Competition and the price of goods and services have a direct relationship. If there is more competition in a specific market then prices tend to lower; this is a good thing for consumers. For example; two companies are competing to sell more cell phones than their rival. If one company figures out a way to lower production costs and sales, the other will soon follow to keep up with the competition. </span>
KiRa [710]3 years ago
3 0

Answer:

The effect of competition on the price of goods and services is important for consumers. When the prices in a market lower it's obviously a good thing for consumers because they're the one buying the product. If there are two companies selling the same product the company with the cheaper product will most likely be more successful.

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A group of newly recruited employees were bullied by senior members of the facilities team. Jodie, one the team members who witn
ch4aika [34]

Answer:

B) Upward communication

Explanation:

Upward communication defines that the employees follow hierarchy from downward to upward which means a lower employee to a higher. For example Worker to supervisor and supervisor to Manager. Upward communication is the most effective source in every organization as traditional forms of communication increasingly become less common.

Therefore as per the situation, Senior members of the facilities team had intimidated a group of newly hired workers. Jodie, one of the team members who observed the event, wrote a letter detailing the harassment incident to her division manager. In this case, Jodie is engaging in upward communication.

5 0
3 years ago
The rate on T-bills is currently 5%. P. Tree Company stock has a beta of 1.69 and a required rate of return of 15.4%. According
Musya8 [376]

Answer:

11.15%

Explanation:

Given that

Risk free rate of return= 5%

Beta = 1.69

Expected rate of return = 15.4%

As per capital asset pricing model

Expected rate of return = Risk free rate of return + Beta × (Market rate of return - risk free rate of return)

15.4% = 5% + 1.69 × (Market rate of return - 5%)

After solving this

Market rate of return = 11.15%

8 0
3 years ago
What are some advantages of interactive media ? Give example. <br> Tks all &lt;3
Helen [10]

i think interactive media is almost every social media but im not 100% sure

4 0
2 years ago
Read 2 more answers
The goal of the accounts receivable methods is to adjust the Allowance for Doubtful Accounts balance so that multiple choice The
Nezavi [6.7K]

Answer:

The adjusted balance is equal to the estimate of the uncollectible accounts receivable.

Explanation:

Receivable in economics is simply whenbusiness sells goods or services to another party on account usually on credit. It is also known as a monetary claim usually against a business or an individual.

Accounts receivable

Is simply defined as the power to the right to receive cash in the future from customers for goods or services performed. They can be called claim of right, exchange consideration, and a claim for the future.

The supplementary record that contains information on each customer is the accounts receivable ledger.

The goal for the accounts receivable methods is to adjust the Allowance for Doubtful Accounts balance making the adjusted balance is equal to the estimate of the uncollectible accounts receivable.

7 0
2 years ago
Hibiscus Corporation began operations on January 1, Year 1. On December 15, Year 1, the company received a payment in the amount
mars1129 [50]

Answer:

$12,000

Explanation:

The main difference between cash basis accounting and accrual accounting is that accrual accounting recognizes revenue only after the earning process is completed. On the other hand, cash basis accounting recognizes revenue and expenses when the money is received or paid, regardless of when the service is provided. This is why the US GAAP doesn't allow cash basis accounting.

The IRS allows cash basis accounting for individuals and small businesses that only deal with cash payments, but they must meet certain criteria:

  • partnerships or C corporations with less than $5 million in yearly revenue
  • sole proprietorships and S corporations with less than $1 million in yearly revenues
  • family owned farms
  • you provide personal services and 95% of your revenue comes from it
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4 0
3 years ago
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