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
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.

You might be interested in
Mr. Stone's students have been completely engrossed in a physics experiment.At the end of the experiment, all of his students sc
leonid [27]

Answer: Academic learning time

Explanation:

Academic learning time is the amount of time when students are actively, and productively engaged in learning their relevant academic content. A high level of Academic Learning Time simply means that the students are covering vital content in their academics, the students are on-task for most of the class period; and are also successful on most the assignments they do.

Me Stone's is using academic learning time which is shown in the success rate of the experiments done by the students.

8 0
3 years ago
Read 2 more answers
The Blue Nile Law Firm prepays for advertising in the local newspaper. On January​ 1, the law firm paid $ 15 comma 000 for twelv
Arada [10]

Answer:

a. Cash basis $15,000

b. Accrual basis $2,500

Explanation:

Under the cash basis of accounting, expenses are recorded or recognized in the books not necessarily when incurred but when cash is paid. This is not in line with the matching concept which requires that expenses be recognized the  period it is incurred as well as the resulting revenue.

Hence, the $15,000 paid on January 1  would have been recognized as an expense for the two months ending February 28 using the cash basis.

Using the accrual basis, monthly expense

= $15,000/12

= $1,250

Hence advertising expense for 2 months

= 2 * $1,250

= $2,500

6 0
3 years ago
Jeff believes he will need $60,000 annual income during retirement. if he can achieve a 6% return during retirement and believes
Paul [167]
The answer to this question is C, $5,790. Jeff will need $5,790.
3 0
3 years ago
Delta Diamonds had 5 one-carat diamonds available for sale this year: 1 purchased June 1 for $500, 2 purchased July 9 for $550 e
NISA [10]

Using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

<h3>What is the specific identification method?</h3>

The specific identification method is an inventory method that identifies specific inventories sold and uses their specific costs in valuing the cost of goods sold.

<h3>Data and Calculations:</h3>

Date             Units       Unit Cost         Total       Balance

June 1               1               $500          $500        $500

July 9               2              $550         $1,100      $1,600

Sept. 23           2              $600        $1,200     $2,800

Dec. 24           -1              $550          $550      $2,250

Thus, using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

Learn more about specific identification methods at brainly.com/question/25056275

4 0
2 years ago
Philippe wants to make sure of the success of his new doggy day care, PAWS, by employing the steps in the basic planning process
Nataliya [291]

Answer:

Full Business Considerations

Efficient Facilities

A Cost-Effective Advertisement

He must Define his Services

He must outline his Service Prices

Carry out interviews for New Clients

With all of these steps being adhered to, Philippe's business will indeed be great!

6 0
3 years ago
Other questions:
  • On March 3, ABC purchased a desk for $450 on account. On March 22, ABC purchased another desk for $500 also on account, and then
    6·2 answers
  • The bill for your automobile repairs was $335. The cost for labor was $45 per hour. The cost for materials was $110. How many ho
    15·2 answers
  • Suppose the spot and three-month forward rates for the yen are ¥102.21 and ¥101.18, respectively.a. Is the yen expected to get s
    12·1 answer
  • Aviation Inc. decided that they would sale the bond within 90 days. Assume that Aviation now has to adjust their financial state
    8·1 answer
  • Target posts signs in its stores and posts ___________on products or displays to help consumers gather information or discounts.
    6·1 answer
  • What would be two things you may want to use installment credit for in the future?
    7·1 answer
  • What makes financial professions popular in Nepal?​
    7·1 answer
  • Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $12,300
    14·1 answer
  • What characteristics of the board of directors usually lead to effective corporate governance?
    10·1 answer
  • ____ allow a company to monitor whether salespeople are engaging in tasks such as calling on new accounts, collecting past-due a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!