Answer:
Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly
Explanation:
In perfect competition, many sellers are competing to sell an identical product. The market has very many small suppliers. No single supplier dominates the market, meaning no seller has the power to influence the price. The market has very many buyers as well. Suppliers have the freedom to enter or exit the market with ease.
Monopolist competition has very many sellers selling similar but differentiated products. Due to the differentiated aspect, sellers can set the prices for their products. The market has very many buyers.
An oligopoly is where a few big suppliers dominate the market. The oligopoly market may have other smaller suppliers whose market share is a small percentage. Oligopoly may stock or manufacture identical or differentiated products.
A monopoly is where a dominant supplier is selling a particular product without competition. Only one supplier is selling that type of product. An oligopoly can sell lifetime solutions through books.
Answer:
B) Focusing on a more narrowly defined segment and "outfocusing" the focuser.
Explanation:
Ikea is a cost leader, but it also focuses on offering differentiated features that appeal to its target market (young buyers interested in stylish furniture at low cost), like unique designs, extended hours, playrooms for customers' children, etc.
So if another firm wants to beat Ikea at its own game, it must offer similar but better services and products by focusing on Ikea's strengths and beating them on their own game.
Answer:
b. 2,100
Explanation:
On January will be collected: a) 10% January´s sales because is collected in cash; b) 40% December´s sales because is collected one month following the sale, and 50% November sales because the balance is collected two months following the sale.
So we can calcula like follows:
Expected cash receipts in January = (4,000 * 0.10) + (3,000 * 0.40) + (1,000 * 0.50)
Expected cash receipts in January = 400 + 1,200 + 500
Expected cash receipts in January = 2,100
Answer:
The correct answer is letter "D": value will increase.
Explanation:
Economic value is the maximum amount an individual will pay for a given good or service. It is determined by the benefit and the price of a product. <em>As long as the benefits increase, so will the value</em>. The economic value is helpful at the moment of setting prices after which firms can make a profit.