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torisob [31]
3 years ago
11

Which of the following companies is most likely to use nonprice competition rather than price competition? a. Recreational Equip

ment, Inc (REI) b. McDonald's c. Walmart d. Best Buy e. Amazon
Business
1 answer:
Bingel [31]3 years ago
7 0

Answer: REI

That’s the answer

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Assume the price elasticity of demand (Ed) is 0.4 for gasoline in the long run. Some argue that we need a 50% reduction in gasol
dybincka [34]

Answer:

125%

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Let x = percentage change in price

o.4 = 50 / x

x = 125

7 0
3 years ago
Sonja is writing an essay about becoming a preschool teacher. Complete it by correctly filling in the missing information.
stepladder [879]

Answer:

Out of all the career choices in the <em>Human Services</em> career cluster;

I’ll need to complete high school and get an <em>associate's degree (or bachelor's)</em>

Explanation:

The occupation of a preschool teacher is in the <em>Human Services career cluster</em>. This cluster includes children education, social and community occupations and counseling.

In order to be eligible for the preschool teacher job, Sonja needs to obtain an <em>associate's or bachelor degree</em> from an academic institution that prepares candidates well enough to become licensed preschool teachers.

7 0
3 years ago
Read 2 more answers
Economics is A. the study of how unlimited resources are allocated to satisfy limited wants. B. the study of how limited resourc
Lera25 [3.4K]

Answer:

B. the study of how limited resources are allocated to satisfy unlimited wants

Explanation:

According to Professor Lord Robbins, Economics is social science which studies human behavior in relation to ends and scarce means. Economics is the study of how humans allocate limited resources to satisfy unlimited wants.

Human wants are unlimited whereas the resources available to satisfy those wants are limited and as such a  scale of preference would be drawn to determine what wants are to be satisfied first.

Therefore, the right option is B. the study of how limited resources are allocated to satisfy unlimited wants.

5 0
3 years ago
amish Life, an insurance company, defines the difference in pay between an entry-level recruiter and an entry-level assembler, a
denis-greek [22]

Answer: Two things are being exemplified here;

1.) Pay structure

2.) Job structure

Explanation: A pay structure in an organisation defines what an employee will earn based on some factors such as; efficiency; length of time; value; position. (the difference in pay between an entry-level recruiter and an entry-level assembler)

While a job structure defines the different levels employees in an organisation are in and who they report to. (as well as the difference between an entry-level recruiter, the HR manager, and the organization's Vice President)

7 0
3 years ago
If a firm's goal is to maximize its earnings per share, this is the best way to maximize the price of the common stock and thus
Ronch [10]

Answer:

False

Explanation:

As maximization of the earnings per share might not be the same thing as the wealth maximization which is the primary goal of the company because the company not only has to generate higher profits but also manage all the risks of the entity which might increase by unethical trading in race to increase earnings per share. Furthermore, to enjoy less costly debt finance which would increase the earnings per share, would result in increase in financial risk, which might again head the company towards disaster if not well managed.

The other solid point against the statement would be that the primary purpose can not be the maximization of earnings per share as it stresses upon spending less on corporate social responsibility and as the result the company stock will be less valued at stock exchange. The less valued stock is because the companies like Dow and S & P Global adds no green value to the stock if the company is not spending on social responsibility programs.

Hence the statement is incorrect.

7 0
3 years ago
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