The availability of consumer credit does not help launch new products, rather,<span>consumer credit may help push new products across the adoption curve faster.</span>
Answer:
a. Landscaping company owners who attend the meeting have formed a cartel.
b. Hot dog vendors in this city are colluding with one another but not as part of a cartel.
c. The east side bakery owners are acting competitively by avoiding a poor business decision.
d. L.M. Nutz and Go Go Nuts are acting competitively, entering the other company's market will likely start an unprofitable price war.
Explanation:
Competitive Behaviors:
Cartel: A cartel is an organization of many independent suppliers who agree to set minimum prices for their products and services for the purpose of reducing competition.
Collusion occurs when some organizations stick to some informally-established prices for their products and services without actually formalizing their agreements, unlike a cartel.
Competition enable organizations to outperform one another with low prices and other competitive measures.
Answer:
true
Explanation:
Equilibrium is the point at which quantity supplied equals quantity demanded. Above equilibrium price, there would be excess supply and below equilibrium price, there would be excess demanded and a shortage.
Equilibrium price is $20 units and equilibrium quantity s 240 units
When price is $16, demand is 275 and supply is 200 units
Shortage = 275 - 200 = 75 units
Answer:
I will:
b) Hold meetings with employees, volunteers, and representatives of other local shelters and listen carefully as they brainstorm ideas.
c) Honestly acknowledge the challenges the organization faces while also communicating optimism about finding the resources to fulfill your mission.
Explanation:
a) Withholding information about the organization's financial picture will not make employees to be loyal. They are likely to find out the true position sooner than later. If information is withheld and they find out later, they would never be loyal. They would certainly leave the organization before financing is found for the organization sustenance.
b) Deceiving people by staying in the office and maintaining a "poker face" is not an option either. "Poker face" cannot last forever. One day, the true picture will show on the face. Deception is not an art for business progress.
Answer:
A. Reasonably weak-form and semistrong-form efficient.
