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
USPshnik [31]
3 years ago
9

Which of the following is a correct statement?

Business
1 answer:
Nastasia [14]3 years ago
8 0

Answer:

The answer is B.

Explanation:

In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.

In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.

You might be interested in
If i cancel a booking that redeemed a free night do i lose the free night hotels.com
SVETLANKA909090 [29]

Yes you do cause you already used the coupon or promo code

5 0
3 years ago
In 2020, Antle Inc. had acquired Demski Co. and recorded goodwill of $275 million as a result. The net assets (including goodwil
Luda [366]

Answer:

The correct answer is $0

Explanation:

Solution

An Impairment loss recognized when  a book value of reporting company is more than its fair value, In the given example, the book value is not more than its fair value or higher than the value, hence the amount of the impairment loss that Antle Inc would record for goodwill at the end of 2021 is: Impairment loss is $0

7 0
3 years ago
Which sentence identifies the concept of perishability? Tourism is a service-oriented field in the goods-service continuum. Four
allochka39001 [22]

Thirdly, storage of services is not possible, as services are consumed when offered to a customer.

Answer: Option 3.

<u>Explanation:</u>

Perishable is a feature where a good or service can not be stored for long. They might get hampered and do not remain like their original self if they are stored.

Services have a perishable nature in the sense that they can not be stored like some of the goods which can be stored. The services are to be consumed then and there at the moment when they are offered to the customers. They can not be kept reserved.

3 0
3 years ago
The break-even point is that level of activity where: Multiple Choice a) total revenue equals total cost. b) variable cost equal
shtirl [24]

Answer:

a) total revenue equals total cost.

Explanation:

The break-even point is the level of activity in which total revenue equals total cost. It can also be defined in terms of  units sold for a year is as the fixed expenses for the year divided by the contribution margin per unit of product. Note that exactly at the break-even point, there is no profit or loss.

Therefore, the answer is alternative a).

3 0
3 years ago
Which of the following is an example of benefit selling? dynamic ticket pricing high-pressure telemarketing tactics using a star
sladkih [1.3K]

Answer:

D. Flex plan ticket books

Explanation:

The selling in which you describe it in such a way that the product is tied in such a way that it improves the customers situation. 

e.g All are servers are manufactured in the city so you can be sure of immediate support if any issue arises.

Selling the benefits instead of a features make it easier to get higher prices, it makes the product differentiation easier and justifies the higher price being charged.

The flex tickets are an example of benefit selling because one can purchase it in any combination possible for the type of package purchased and it can be used in any chosen combination throughout the current season.

3 0
3 years ago
Other questions:
  • When supply and demand meet at the equilibrium point, then prices in the market will?
    8·2 answers
  • A likely outcome of increased self-knowledge is:
    15·1 answer
  • Name some skills an accessory designer has to have that a sales representative does not.
    6·1 answer
  • The trend in the poverty rate since the mid 1960's___________.
    9·1 answer
  • Axiom International, an Australian company, wants to expand its operations to China, a country that is politically, culturally,
    8·1 answer
  • List and briefly describe the 6 major processes involved in risk management.
    15·1 answer
  • For Warren Corporation, year-end plan assets were $2,000,000. At the beginning of the year, plan assets were $1,780,000. During
    13·1 answer
  • What is the name of the company, and what is its mission?
    11·1 answer
  • Building, keeping, and growing profitable value-laden relationships with all customers of a company is called ________.
    6·1 answer
  • question mode multiple choice question a company is currently selling 10,000 units of product for $40 per unit. the unit contrib
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!