Which is not an intensity level of distribution?

What is the equilibrium quantity for phones?

Nana76 [90]

Answer:

Readjusting once again to marketplace conditions, the next year the company produces 65,000 phones, with a retail price of $45. At the end of the year, the company’s sold almost its total supply of phones. It indicates that the equilibrium quantity of phones is 65,000, at a retail price of $45 (which would be the equilibrium price). More Resources

Explanation:

According to our curve, the equilibrium point initially is indicated by point E on the graph, but since the supply of cellphones has increased, quantity supplied increases to the graph indicated by S 1 S 1, this causes an excess of the product in the market resulting in a stiff competition which often sees the sellers reduce their prices. hope that helps.

3 0

3 years ago

A new competitor enters the industry and competes with a second firm, which had been a monopolist. The second firm finds that a

Alisiya [41]

Answer: More elastic; Lower

Explanation:

Before the entry of a new firm, there is only one firm exist in the market and that single firm is experiencing a monopoly power. But when there is a entry of its competitor then as a result second firm have to reduce their prices of the products as demand is elastic. We know that market is very sensitive to the prices. This fall in prices will lead to increase the demand for the products but with the lower prices, the marginal revenue of the second firm will be more elastic because of the lower prices.

7 0

3 years ago

Which of the following is NOT true: Question 6 options: 1) Data marts typically have fewer data sources than data warehouses 2)

tamaranim1 [39]

Answer:

The incorrect statement is number (2): Data marts typically have broader focus than data warehouses.

Explanation:

Data marts are data structures built on a database. In this structure, consolidated data is stored that will be used as a feed for an analysis tool. Data marts are specialized in storing data of a specific area of an organization. A group of datamarts is called Datawarehouse.

Therefore, <em>data marts have a narrower focus than data warehouses.</em>

4 0

3 years ago

What do neoclassical economics and behavioral economics believe about giving people options?

UNO [17]

Neoclassical economics focuses on providing more options while Behavioral economics focuses on helping people make better decisions with the options available.

A psychological approach to business, behavioral economics looks at how well people's expectations of utility and profit maximization match their actions and if they actually maximize predicted utility.

Contrarily, neoclassical economics views manufacturing costs as a key determinant of pricing a product. Thus, neoclassical economists contend that customers' primary determinant of choice is price.

Hence, the two have different beliefs about giving people options. While behavioral economics focuses on assisting people in making better decisions with the options at hand, neoclassical economics places greater emphasis on offering more options.

Want to know how would keynesian and neoclassical economics propose dealing with cyclical unemployment? Read here: brainly.com/question/28213854

#SPJ4

4 0

2 years ago

Whispering Corporation has retained earnings of $715,700 at January 1, 2020. Net income during 2020 was $1,567,700, and cash div

Setler79 [48]

Answer:

$2,288,740

Explanation:

Preparation of a retained earnings statement for the year ended December 31, 2020

RETAINED EARNINGS STATEMENT

For the Year Ended December 31, 2020

Retained earnings, January 1, as reported $715,700

Correction for overstatement of expenses in

prior period (net of tax) $88,840

Retained earnings, January 1, as adjusted $804,540

($715,700+$88,840)

Add Net income $1,567,700

Less Cash dividends ($83,500)

Retained earnings, December 31 $2,288,740

($804,540+$1,567,700-$83,500)

Therefore retained earnings statement for the year ended December 31, 2020 will be $2,288,740

7 0

3 years ago