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3 years ago

One result of market economies are companies which compete with each other. True or False?

Business

2 answers:

Deffense [45]3 years ago

7 0

ANSWER: TRUE

EXPLANATION: The sentence is true that the result of market economies are companies competing with each other. In a market, if there are no competitions between companies, then the market can not be termed as healthy.

The competition between the companies create ups and downs in the market and simultaneously create demand for a particular product or service. The rival companies try to create a better product or service by innovation and try to grab more consumers at better pricing. These exercises create rotation of money in the market thus making better economies of the market as well as of the country.

scoundrel [369]3 years ago

5 0

I am pretty sure that the statement " <span>One result of market economies are companies which compete with each other." is TRUE, because if the company is already establsished and able to compete with others, in business it is usually consiedered as sort of result.
Hope it helps!</span>

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Which pattern of internal migration is most often found in developed countries?

NISA [10]

<span>Seasonal migration is the pattern that is normally found in countries that are developed. This occurs because people tend to visit whatever vacation spots are currently popular and spend at least a week in that location. This pattern is much less likely to occur in countries that are undeveloped.</span>

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3 years ago

Below are several transactions for Crimson Tide Corporation. A junior accountant, recently employed by the company, proposes to

Bingel [31]

Answer:

Crimson Tide Corporation

Accounts Titles Debit Credit

1. Dividends $800

Cash $800

To record payment of dividends.

2. Accounts Receivable $3,400

Service Revenue $3,400

To record provision of services on account.

3. correct

4. Cash $400

Accounts Receivable $400

To record the receipt of cash on account.

5. Accounts Payable $1,200

Cash $1,200

To record payment on account.

Explanation:

The correct entries have been provided as above. The first step in recording transactions in the journal is to recognize the accounts involved. Then, identify which account is to be debited and which is to be credited, following basic accounting principle and based on the accounting equation of Assets = Liabilities + Equity.

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3 years ago

When Chevy drew inspiration from Tesla to develop its electric vehicle, the Bolt, it was an example of using Blank______ for new

valentina_108 [34]

When Chevy drew inspiration from Tesla to develop its electric vehicle, the Bolt, it was an example of using competitive product ideas for new product-ideas.

Competitive items are those that your target market may prefer to yours over. How close a competing product's features and solutions are to your own can help you spot it. Competitive goods may consist of: things that are tangible, like clothing and toys.
A product idea is a design or strategy for a brand-new good that a business can create and sell in a specific market. It describes the item's function, features, and certain important design components. A manufacturer will employ the final design to construct the product, therefore many product concepts will include mechanical or engineering components.
A competitive strategy is a long-term marketing plan created by businesses to protect their position in the market and obtain a competitive edge.

Thus this is the answer.

To learn more about Competitive Products, refer:brainly.com/question/25754149

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2 years ago

The Locard Exchange Principle would identify _____ as physical evidence.

Lostsunrise [7]

B. dead body in the kitchen

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4 years ago

Read 2 more answers

Foulds Company makes 12,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part

Kazeer [188]

Answer:

a) Unit product cost relevant for decision = $41.60

b) Net dollar advantage = $49,200

c) Maximum per unit cost willing to pay = $46.60

Explanation:

As per the data given in the question,

Particulars Amount

Direct materials $13.20

Direct labor $20.20

Variable manufacturing overhead $3.20

Fixed manufacturing cost $5.00 ($10.20-$5.20)

Unit product cost $41.60 ($46.80-$5.20)

Unit product cost relevant for decision = $41.60

Relevant unit product cost = $41.60

Supplier offered selling price = $42.50

Additional contribution margin per year = $60,000

Production in year = 12,000 units

Net dollar advantage = ($41.60-$42.50) × 12,000 + $60,000

= $49,200

Maximum per unit cost willing to pay = $42.50 + $49,200 ÷ 12,000

= $46.60

7 0

4 years ago