Answer:
Instructions are below.
Explanation:
Giving the following information:
Sales (10,000 units)$350,000 ($35.00)
Variable expenses= 200,000 (20.00)
Contribution margin= 150,000 ($15.00)
Fixed expenses 135,000
Net operating income= $15,000
1) Sales= 10,100 units
Contribution margin= (10,100*15)= 151,500
Fixed costs= (135,000)
Net income= 16,500
2) Sales= 9,900 units
Contribution margin= (9,900*15)= 148,500
Fixed costs= (135,000)
Net income= 13,500
3) Sales= 9,000 units
Contribution margin= (9,000*15)= 135,000
Fixed costs= (135,000)
Net income= 0
Except for college book stores, all of the following are examples of oligopolistic markets.
An oligopolistic market (also known as an oligopoly) is characterized by the dominance of a small number of businesses that provide comparable products and services over a large number of others. In an oligopolistic market, there are few competitors, which limits competition and enables every firm to thrive. The environment often encourages cooperative behavior and regular business ties between companies.
It's crucial to keep in mind that oligopolistic enterprises are those that do business in oligopolistic markets. Businesses typically determine trends and pricing by establishing alliances and agreements that set prices higher than the marginal costs of the dominant firms. It implies that businesses operating in an oligopoly fix prices to maximize their own profit. In the end, it results in alliances and partnerships that help them and other businesses, particularly smaller ones engaged in the same market or sector, succeed.
If one company in a market cuts the prices it charges for goods and services to achieve the best possible increase in sales, firms that are directly competing usually do the same, frequently igniting a price war. Oligopoly firms typically avoid engaging in such pricing wars and instead invest more funds in research to enhance their products and services and in advertising that emphasizes their advantages over rival firms selling comparable goods and services.
Learn more about oligopolistic markets here
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Predatory pricing is a dangerous and doubtful pricing strategy
where a product or amenity is fixed at a very small price, proposing to drive opponents
out of the market, or make barriers to access for potential new opponents. The
company expressively raised its prices after its competitors were forced out of
the market. And the company purposely set its prices below its average variable
costs. This can prove that a business is engaged in predatory pricing.
Answer:
Question: Adolescent group members may share information too soon or even reveal inappropriate information about themselves, for which of the following purposes?
Answer: To impress other members
Explanation:
There are various reasons why it can be said that adolescent/teen may share too much information about themselves: it can be as a result of i) peer pressure; ii) need to outshine other members of the group and gain a certain level of reputation within the group: iii) it may also be just for fun.
a recession is usually 9 to 18 months
