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pentagon [3]
3 years ago
6

If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total re

sult is Group of answer choices
Business
1 answer:
Umnica [9.8K]3 years ago
8 0

Complete Question:

If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is

Group of answer choices:

A. they will both increase market share.

B. they will simply neutralize one another's efforts.

C. they will both lose market share.

D. they will both improve their industrial position.

Answer:

B. they will simply neutralize one another's efforts.

Explanation:

If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is they will simply neutralize one another's efforts.

A monopolist can be defined as an individual who is engaged in selling a unique product in a market without any competitor. Also, a monopolistic competition involves various firms engaged in monopoly competes with one other, but selling products that are unique and distinct from the other.

Hence, when two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, this would result in one monopolist effort canceling or nullifying the effort of the other. This simply means that, it would have been as though none of them had made any effort at all because they were both involved in doing the same thing. Thus, making the market the same as it were originally prior to their advertising efforts.

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Answer:

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a. The receivables turnover = Net Credit Sales/Average Receivables

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a) Data and Calculations:

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The receivables turnover = Net Credit Sales/Average Receivables

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Answer:

a

Explanation:

Here are the options to this question :

A. yes, 475 is more than the PV of the two remaining payments

B. More information is needed to decide

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D. No, the PV of the remaining two payments is more than 475

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Present value can be calculated using a financial calculator

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To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

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