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Daniel [21]
3 years ago
5

What effect might the government have on​ oligopolies? in​ oligopolies, the government might

Business
1 answer:
guapka [62]3 years ago
4 0
In oligopolies, the government might <span>impose barriers to entry with a tariff to limit foreign competition.
By doing this, the price of products that created by foreign competitors will be higher compared to the local products which give the local companies more opportunity to win the competition in national market.</span>
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1. How do customers judge the quality of a supermarket? 2. Indicate how and why each of these factors is important to the succes
kirza4 [7]

Answer:

1. How do customers judge the quality of a supermarket?

They judge the quality of a supermarket depending on their values and most urgent needs.

Customers who value quality, and even luxury, will say that a good supermarket is one that offers high quality products.

Customers who value price, will prefer a low-cost supermarket.

2. Indicate how and why each of these factors is important to the successful operation of a supermarket:

a. Customer satisfaction - a very important factor because it determines how well the supermarket is serving its customers.

b. Forecasting - the supermarket needs to forecast all sorts of things, from, sales forecasts, to profit forescasts, to costs forecasts.

c. Capacity planning - the supermarket needs to know what it is actually able to do, and what projects it can embark on, for this, it needs to do a lot of capacity planning.

d. Location - Location is extremely important for a supermarket. It determines a large part of the customer demand because customers prefer supermarkets to be close to where they live.

e. Inventory management - Supermarkets need to manage inventories carefully, specially because a lot of the goods that a supermarket sells, are perishables.

f. Layout of the store - The Supermakert needs to be careful when determining the layout of the store. Customers want a layout that is easy to navigate, and where goods are placed according to a coherent classification.

g. Scheduling - The supermarket needs to establish a convenient schedule for its customer base.

What are some of the ways Wegmans uses technology to gain an edge over its competition?

Wegmans is characterized for its early adoption of ground-breaking technologies. For example, recently Wegmans developed a mobile application to assist blind shoppers.

6 0
2 years ago
In an effort to save money for early retirement, an environmental engineer plans to deposit $1200 per month starting one month f
Aleks [24]

Answer:

$1,099,203.00

Explanation:

In this question we have to find out the future value that is shown in the attachment below:

Provided that

Present value = $0

Rate of interest = 8%  ÷ 2 = 4%

NPER = 25 years  × 2 = 50 years

PMT = $1,200 × 6 months = $7,200

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $1,099,203.00

8 0
2 years ago
Marginal cost is ________ the average variable cost and the average total cost when they are ________
fredd [130]

Answer: equal to; at their minimum.

Explanation: Marginal cost is equal to the average variable cost and the average total cost when they are at their minimum.

Thus, when average total cost is increasing, marginal cost must be above average total cost; and when at its minimum, marginal cost is equal to average total cost. Also, when average variable cost is at its minimum, marginal cost equals average variable cost.

Marginal cost is the increase in the cost that accompanies a unit increase in output; the partial derivative of the cost function with respect to output.

8 0
3 years ago
Pharoah Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. Duri
never [62]

Answer and Explanation:

The Journal entry is shown below:-

On  November 2022

Cash Dr, $193,200            (6,900 × $28)

               To Unearned Subscription Revenue $193,200

(Being the receipt of the subscriptions is recorded)

Therefore to record the receipt of the subscriptions we simply debited the cash as it increased the assets and we credited the unearned subscription revenues as increased the liability so that the correct posting could be done

3 0
3 years ago
Which of the following descriptions are not correct for a push system? (1). There is no clear visibility between processes (2).
ohaa [14]

Answer:

The correct answer is (2)The workers on shop floor lack the autonomy to stop the manufacturing on their own initiative.

Explanation:

The company operates on a push system, where products are made and inventory built up based on best-guess forecasts.

The push system of inventory control involves forecasting inventory needs to meet customer demand. Companies must predict which products customers will purchase along with determining what quantity of goods will be purchased.

So,  from the given options, the correct answer is (2)The workers on shop floor lack the autonomy to stop the manufacturing on their own initiative

8 0
2 years ago
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