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4 years ago

Hey I need help with these True/False

1 answer:

8 0

1. This is the hardest question to answer of all of them. It depends on who you read. The New York Times has a different policy than the Huffington Post. I'll say it is intended to be true.

2. True. That's why they are called specialty shops.

3. Sometimes. There are other possibilities. I think you are intended to say true.

4. True. They do.

5. False. It's the other way around.

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Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next

alexandr402 [8]

Answer:

C) The threat of new entrants.

Explanation:

Porter's Five Forces: It's an analysis helpful for the industries to get the understanding of the loopholes and their weaknesses. Porter suggested that anytime a company goes down, there would be one force involved among the following five forces.

Threat of new entrants.
Bargaining power of buyers.
Threat of substitutes.
Rivalry among existing competitors.
Bargaining power of suppliers.

In our case:

Threat of new entrants force is involved: There is always a threat to the existing companies of the new company entering the market. Some companies doesn't take them seriously and ends up getting damaged. And, as the Goldman suggests that new supplies of the rooms in coming years will hurt the existing companies. So they must act on this information and make a decision to change the event for their own better.

4 0

4 years ago

When the government imposes a binding price floor, it causes ___________.a. the supply curve to shift to the left.

Naya [18.7K]

Answer:

Option (D) is correct.

Explanation:

When the government sets the price of a particular good above the equilibrium level is known as the binding price floor. But this will lead to an increase in the price level or we can say that will lead to an inflation. Hence, there is a fall in the purchasing power of the consumers and therefore, fall in the demand of goods.

So, this would create a surplus of goods due to the unsold quantity of goods.

5 0

3 years ago

Cost of a short-term bank loan) Jimmy Hale is the owner and operator of the grain elevator in Brownfield, Texas, where he has

zheka24 [161]

Answer:

The rate of interest qouted = 1% + 7% = 8%

The annual interest expenses = $220,000*8%= $17,600.

Mr Hale has to increase the amount of bank balance with bank from $4,000 currently to $44,000 (20% of $220,000). The net amount of money he would recieve= $220,000 -($44,000 - $4,000) = $180,000.

Therefore the net cost of borrowing = ($17,600/$180,000)*100= 9.78%.

if the interest rate is lowered to 7%, then annual interest expenses = $220,000*7%= $15,400.

The net annual cost of borrowing= ($15,400/$180,000)*100= 0.0855555 Or 8.55%.

Since interest rates has fallen, he can accept the project.

Explanation:

4 0

3 years ago

Market-skimming prices make sense under the following conditions EXCEPT if ________. a. there is a sufficient number of buyers w

earnstyle [38]

Answer:

Explanation:

the product is a "me-too" and contains no new technology or points of difference

Price skimming is a pricing strategy in which a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time

3 0

4 years ago

Explain the relationship between the operations management goals of ""efficiency"" and ""effectiveness.""

professor190 [17]

Answer:

→Being efficient implies the system is operating the 'right' way.

The relationship between effectiveness and efficiency is that effectiveness is a measure of 'goodness' of output,

→while efficiency is a measure of the resources required to achieve the output.

Explanation:

3 0

2 years ago