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Andreas93 [3]
3 years ago
7

As discussed in the lecture video, Crocs’ plastic molding and sandal design capabilities have provided the firm with only a temp

orary competitive advantage, as incumbent firms began selling sandals that were very similar to the Crocs’ clogs. Crocs lost its competitive advantage primarily because of ___________
Business
1 answer:
Gnoma [55]3 years ago
8 0

Answer: c. competitor imitation

Explanation:

When a company makes a good product that people like and therefore brings in profit, other companies will copy that product if it is not protected by law so that they too can make profit as well.

This is what happened to the Crocs' clogs. Other companies imitated them and so Crocs lost their competitive advantage. This led to prices falling for such footwear as the supply increased. It is for this reason that companies try to get patents when they make a product.

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When a​ firm's longminus−run average cost curve is horizontal for a range of​ output, then in that range production displays?
Lostsunrise [7]

Answer:

constant returns to scale

Explanation:

Constant returns to scale describes a scenario when long run returns as the scale of production increases, when all input levels including physical capital usage are variable.

7 0
3 years ago
Suppose First National Bank holds ​$100 million in assets with an average duration of 3 ​years, and it holds ​$90 million in lia
Nitella [24]

Answer:

% change decrease is = 1.2 %

Explanation:

given data

assets = $100 million

average duration = 3 ​years

liabilities = $90 million

average duration = 3 years

interest rates= 4% increase

to find out

percentage decrease in First National​ Bank's net worth relative to the total original asset value

solution

change in assets value is

change in assets value = $100 million  × 4%  × 3 year = $1200 million

change in liability value is

change in assets value = $90 million  × 4%  × 3 year = $1080 million

change in net worth = $1200 - $1080 = $120 million

so % change is = \frac{120}{100}

% change decrease is = 1.2 %

3 0
3 years ago
For critically ill patients, _____ provide the majority of energy.
valentina_108 [34]
For critically ill patients, FATS AND CARBOHYDRATES provide the majority of energy. Energy is needed by these type of patients to carry out the major functioning of the body such as the beating of the heart, respiration, etc. Energy needed for such work is provided by fats and carbohydrates.
7 0
3 years ago
Suppose the price of a bag of jelly beans rises from $1.60 to $2.00, with the result that sales of jelly beans falls from 120 ba
andrey2020 [161]

Answer:

The elasticity of demand for jelly beans is 1.80

Explanation:

The elasticity of demand is the principle of economic which is defined as the measure that extent the consumer response to the changes in the quantity demanded as a consequence of price change and being others factors are equal.

Computing the elasticity of demand for jelly beans as:

Elasticity of demand = Price Change / Quantity Change

where

Price Change is as:

Price = $1.60 + $2.00

= $3.60

Quantity change is as:

Quantity = 120 + 80

= 200

So,

Elasticity of demand = $3.60 / 200 × 100

Elasticity of demand = 1.80

5 0
3 years ago
In the text box below, enter one of your purchase goals.
Kisachek [45]

Answer:

A. Enter one of your purchase goals.

Goal: I will buy a laptop after I graduate high school to start writing books.

B. How much does this cost?

Cost: $999.00

C. How much money do you currently have saved?

Money currently saved: $270.00

D. How much more do you need to reach you goal?

Money needed to reach goal: $730.00

E. List some steps you can take this year to help you save toward this goal.

After I graduate from high school I would get a job to start saving money.

F. List some steps you can take next year to save toward this goal.

Next year I will deposit $50 per month into my savings account to reach my goal.

Explanation:

7 0
2 years ago
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