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son4ous [18]
2 years ago
6

"Competition in quality and service may be just as effective as price competition in giving buyers more for their money." Do you

agree? Explain why monopolistically competitive firms frequently prefer non-price competition to price competition.
Business
1 answer:
posledela2 years ago
7 0

Answer:

Yes, I agree that Competition in quality and service may be just as effective as price competition in giving buyers more for their money.

Explanation:

Price competition is one of many ways that a product or service can compete in the marketplace with consumers choosing affordability over quality. Consumers make purchases mostly on the basis of which is cheaper.

Competitive pricing is used more by businesses selling similar products, since services can vary from business to business, while the attributes of a product remain similar.

monopolistically competitive firms such as hotels frequently prefer non-price competition because they do not want consumers to choose affordability over quality which is usually more expensive.

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A U.S. firm opens a factory that produces power tools in Korea.
Ymorist [56]

Answer:

c. This increases only U.S. net capital outflow.

Explanation:

The net capitaloutflow is determinated by comparing the investemnt abroad with the investment of other countries in the national economy.

investment in foreing countries - investment from foreing countries.

In this case the US firm is investing abroad, therefore inceasing the net capital outflow of the US.

The Korea net capital outflow will decrease. because it is receiving investment.

5 0
3 years ago
Picture If total utility is increasing, marginal utility: is positive but may be either increasing or decreasing. must also be i
zubka84 [21]

Answer:

It would be positive but might be either decreasing or increasing

Explanation:

Total utility (TU) is the utility which is defined as the aggregate satisfaction received or gained through consuming the given aggregate quantity of the good and service.

Marginal utility (MU), is the one which is defined as the satisfaction received from consuming an extra or additional unit or quantity of the specific good or service.

So, when the aggregate utility is increasing, then the marginal utility would be positive but might be either decreasing or increasing.

6 0
3 years ago
Rubium Micro Devices currently manufactures a subassembly for its main product. The costs per unit are as​ follows: Direct mater
MrRa [10]

Answer:D.None of the option is correct, the correct answer is Buy; savings=$203,000

Explanation:

The firm will Incurred the total fixed overhead it decides to make.

The total cost of making 6000 units is $163*6000=$978,000

The total cost of buying is $144*6000= $864,000 and when we deduct $89,000 to be saved from fixed overhead by buying we have a total cost of( $864,000-$89,00) =775,000.

This invariably means the company will save ($978,000-$775,000) which is equal to= $203,000 by buying.

6 0
3 years ago
Aemeli works in the manufacturing career cluster. where does she probably work? check all that apply. plant workshop factory ret
nordsb [41]

Amelia works in the manufacturing career cluster. She probably works in a plant workshop or factory

What is manufacturing career cluster?

To turn raw resources into finished goods, the Manufacturing cluster combines a passion for engineering, design, and technology with planning and organizational abilities.

What is considered a manufacturing worker?

Jobs in manufacturing are ones that start with components or raw materials and end with creating new products. You can find these occupations in a factory, plant, or mill. As long as goods rather than services are produced, they can also exist inside a house.

What are the positive impacts of manufacturing?

The timetable can be optimized by the program to lower errors and inefficiencies and produce products of higher quality. Cost savings over the long term are made possible by technology, which operates with greater efficiency, less waste, and fewer workers.

Learn more about career cluster: brainly.com/question/15225914

#SPJ4

8 0
1 year ago
Which investment type typically carries the least risk?
AleksandrR [38]
The investment type that typically carries the least risk is saving account
7 0
3 years ago
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