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
SSSSS [86.1K]
3 years ago
15

Your company operates in a perfectly competitive market. You have been told that advertising can help you increase sales in the

short run. Would you create an aggressive and expensive advertising campaign for your product? Fully explain why or why not. You cannot answer with a "yes, if…." Or "no if…" type of answer.
Business
1 answer:
NARA [144]3 years ago
3 0

Answer:

Advertisement doesn't exist in perfect competition markets. Perfect competition markets are theoretical only, since they do not exist in reality although some markets resemble or are similar, e.g. commodities. One of the characteristics of perfect competition markets is that every participant possesses perfect information regarding the products' characteristics and price. If everyone knows a product perfectly, then there is no reason why you should advertise it.

Explanation:

You might be interested in
A twenty-acre park was created to give residents a place to hike, bike, and enjoy other recreational activities. Kathy was hired
TiliK225 [7]

Answer:

b

Explanation:

8 0
2 years ago
Read 2 more answers
Which report helps you determine the percent of your site traffic that has visited previously?
ludmilkaskok [199]
Is Google analytics Exam question. The correct answer is:
New vs Returning report

Explanation: http://www.certificationanswers.com/en/which-report-helps-you-determine-the-percent-of-your-site-tra...
3 0
3 years ago
Stallman Company took a physical inventory on December 31 and determined that goods costing $275,260 were on hand. Not included
Tpy6a [65]

Answer:

Inventory at year-end: 344,000

Explanation:

The inventory should add the purchased goods from Pelzer as the possesion is transfer at shipping point.

The sales units to Alvarez should also be included as teh transfer is not complete yet. The term on this transaction are at destination.

Total inventory in transit: 28,940 + 39,800 = 68,740‬

on hand:   $   275,260

in-transit:  $<u>     68, 740  </u>

Total:         $  344,000

5 0
3 years ago
If the capital stock is fixed and something happens to raise the marginal product of capital (MPK) for any given quantity of cap
nadezda [96]

Answer:

D. rise

Explanation:

D. As per the study, marginal product theory suggests that, as the marginal product of capital (MPK) increases even if the capital stock is fixed or unchanged, the real rental will also be changed the same way i.e.  it will rise in this given scenario.

5 0
3 years ago
reported net income of $22,000 for the current year. During the year, Inventory decreased by $7,800, Accounts Payable decreased
Artist 52 [7]

Answer:

$24,800

Explanation:

Indirect method reconciles the Net Income to Operating Cash flow by adjusting for non -cash items previously included in net income and changes in working capital.

Cash flow from Operating Activities

Net income                                                     $22,000

Add Depreciation Expense                            $10,800

Less gain on the sale of equipment was         ($500)

Decrease in Inventory                                      $7,800

Decrease in Accounts Payable                     ($8,400)

Increase in Accounts Receivable                 ($6,900)

net cash provided operating activities        $24,800                                                        

Therefore

The net cash provided (used) by operating activities is $24,800

4 0
2 years ago
Other questions:
  • If you invest P dollars and you want the investment to grow to A dollars in t years, the interest rate that must be earned if in
    13·1 answer
  • You are trying to save up for a spa package that costs $300. After looking at your paycheck, you decide that you will be able to
    11·2 answers
  • The right to go where you choose, the freedom of religion, and the freedom of choice are all examples of which type of citizens’
    7·2 answers
  • Tom elects the Life Income with 10-year Period Certain settlement option. Tom dies in year 6. The beneficiary receives payments
    12·1 answer
  • Charlie Corporation's adjusted trial balance included the following items (all account balances are normal): Accounts payable $6
    6·1 answer
  • Part of the budgeting process is summarizing the financial statement effects on the budgeted income statement and the budgeted b
    13·1 answer
  • In order for your savings and investments to truly increase in value, what must they do?​ select all that apply
    12·1 answer
  • The presentation of current and non-current liabilities in the statement of financial position (balance sheet):
    6·1 answer
  • List Five products not in the Market​
    14·1 answer
  • To what degree a country's legal system is based on the rule of law matters little in international business.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!