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disa [49]
3 years ago
13

In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?

Business
1 answer:
il63 [147K]3 years ago
7 0

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

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Firm A and Firm B are the only two companies that sell mail-order DVD rental subscriptions. For several years, Firm A priced its
timurjin [86]

Answer:

B. Firm A engaged in predatory pricing.

Explanation:

Since Firm A and B are the only two companies that sell this good

Firm A decided to price its subscriptions below average variable cost that is it lowered it's prices which made Firm B to also lower it's own, but they went bankrupt and exited the market. Firm A then raised prices by 40% and is currently earning large, positive economic profits.

Based on this, Firm A engaged in predatory pricing.

Predatory pricing is a marketing or pricing strategy that has to do with lowering the cost of goods and services for a short-term, in order to make competitors lower their price, making them to go bankrupt in the process and thereby exiting the market.

6 0
3 years ago
Chicago Company reported the following information at the end of the current year
Nookie1986 [14]

Answer:

37,000 common stock outstanding

preferred stock dividends = $82,000 x 10% = $8,200

Case A The preferred stock is noncumulative, the total amount of dividends is $32.000

  • dividends distributed to preferred stockholders = $8,200
  • dividends distributed to common stockholders = $32,000 - $8,200 = $23,800

since the preferred stocks are non-cumulative, if dividends are not paid during a certain they are "lost" and will not be recovered.

Case B The preferred stock is cumulative, the total amount of dividends is $24,600

  • dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
  • dividends distributed to common stockholders = $0

Case C The pretend stock is cumulative, the total amount of all dividends is $90,200

  • dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
  • dividends distributed to common stockholders = $90,200 - $24,600 = $65,600

5 0
3 years ago
How would a strong U.S. dollar impact the trade of grain produced in the United States?
ira [324]
When a country has a strong currency, generally its export decreases - this is the answer to the first question.

Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.

now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "<span>The opportunity cost of producing milk is lower for Country A" is correct.</span>


6 0
3 years ago
Which group of students can take Advanced Placement courses?
marysya [2.9K]

Answer:

High-school students who are willing to put in the work and effort for AP courses.

7 0
2 years ago
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The lake placid town council has decided to build a new community center to be used for conventions, concerts, and other public
Crazy boy [7]
<span>A large community centre would be ideal for the community as it can be used to improve and enrich the lives of its citizens. Building a large facility could create a demand making it an attraction, bringing in outside business into the community which in turn would spin off to other local businesses. On the other hand the building cost incurred and future running cost of the centre may be drastically affected if there is no great demand for such a facility.</span>
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3 years ago
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