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son4ous [18]
3 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:
posledela3 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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Iternationa;zation is the vision of creating one world unit a single market entity, b.
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The basic concepts of financial management are the same for all businesses, regardless of how they are organized. However, a fir
My name is Ann [436]

Answer:

1) - proprietorships.

2) - corporations.

3) - proprietorships.

4) - corporations.

Explanation:

So far as figures are concerned, the majority of companies are proprietorships. Even so, mostly based on currency sales revenue, almost all of the trade is conducted by corporations. Businesses are mostly founded as proprietorships and only transformed into corporations until their success results in drawbacks that overshadow the benefits.

So, the following are the reason that describes the following answers are true according to the given scenario.

3 0
3 years ago
What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent?
Stolb23 [73]

Answer:

The present value is $0.86.-

Explanation:

Giving the following information:

Future Value (FV)= $1

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PV= FV/(1+i)^n

PV= 1/(1.05^3)

PV= $0.8634

The present value is $0.86.-

3 0
3 years ago
Which of the following is a duty of a personal finance manager?
Eva8 [605]

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Filling rax return is a duty of a personal finance manager

4 0
3 years ago
A negative outflow to the U.S. balance of payments is generated by the purchase of United States assets (such as United States T
Georgia [21]

Answer:

B) False

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8 0
3 years ago
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