Answer:
A) A firm in an oligopolistic market has to consider its own impact on price when making production decisions
Explanation:
A perfectly competitive market is a market with many firms selling identical product. There are free entry and free exist and the decision of a firm does not affect the price in the market as all firms are price takers. Therefore, each firm is independent under perfectly competitive market and production decisions of a firm in a perfectly competitive market does not affect the price in the market nor will it cause any reaction from other firms.
However, Oligopolistic market is a market where there are few firms which are 3 or more firms but not more than 20 firms selling identical or differentiated product.. Firms in oligopolistic market are interdependent which implies that the decision of one firm can affect price and this can cause reaction from other firms and then lead to a price war. A price war occurs when each firm continually reduces its own price in order to increase its market share which causes other firms to react reducing their own prices and this will make none of the firms to gain in the end. In order to avoid the price war, each firm in an oligopolistic market has to consider its own impact on price when making production decisions.
Answer:
okay lol
Explanation:
answer my newest question and i'll give it to you <3
Answer:
The main advantage resulting from a premium pricing strategy is the higher profits. Another advantage is that customers that purchase premium products seek higher quality and tend to show higher brand loyalty associated with the status of using premium products. The disadvantages of premium pricing are that it cannot be applied to all products, the marketing efforts tend to be more specific, and therefore, represent a higher percentage of sales, and finally, not everyone is willing to pay premium prices.
Answer:
D) planning master scheduling, material requirements planning, capacity requirements planning, detailed scheduling
Explanation:
The sequence of operational planning and control tasks that follow sales and operations planning is planning master scheduling, material requirements planning, capacity requirements planning, detailed scheduling.
Sales and operations planning (S&OP ) is a monthly integrated business management process that enables the executive management team to continually achieve objectives such as focus, control inventory costs, alignment and improve service levels of the organization.
Answer:
The correct answer is letter "A": Breastfed babies are less likely to develop allergies than babies who are fed infant formula.
Explanation:
Breastfeeding a baby after labor and the following months is crucial for the baby's future health status. Studies reveal that infants tend to develop more health conditions such as <em>allergies, asthma </em>or<em> overweight</em> when they are given formula instead of breastfeeding. The harm is not only from the baby's side but also from the mother's. <em>Ovarian cancer, diabetes, </em>and <em>cardiovascular diseases</em> are caused by not nursing babies.
