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Bogdan [553]
3 years ago
12

Whoever answers first gets 50 points

Business
1 answer:
zhuklara [117]3 years ago
3 0

Answer:

i like ya cut g

Explanation:

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The third-party problem: a. occurs when a market activity leads to a negative externality.b. occurs when a market activity leads
Iteru [2.4K]

Answer:

The correct answer is letter "C": occurs when a market activity leads to a negative or a positive externality.

Explanation:

An Economic Externality is a cost or benefit paid or earned by a third party that does not have control over the factors that produced the cost or benefit. The third-party problem arises when whether negative or positive externalities affect individuals who are not involved in market activities.

4 0
3 years ago
Competitive advantage __________. Question 2 options: information collected from multiple sources, such as suppliers, customers,
Alekssandra [29.7K]

Answer:

is a feature of a product or service on which customer places a greater value than they do on similar offerings from competitors.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.

5 0
3 years ago
What happens to the price and the number of goods and services sold when a store runs a sale? How do these factors relate to the
Mila [183]

Answer:

Price decreases and demand increases

Explanation:

After achieving a required profit, stores usually start to sell their products on sale. A sale is an opportunity for the buyers to buy goods and services at low prices. Price and demand have an inverse relationship, that is why, on sale, the price decreases and moves the point down, whereas, the increase in the demand moves the point up.

5 0
3 years ago
is the degree to which both businesses and customers believe that the pricing is reasonable. a. customer-led pricing b. fair pri
tester [92]

Answer:

Explanation:

no because arr jf does noot match it

4 0
3 years ago
Jackson says that his fifth game of chess gave him greater utility than his first, and therefore the law of diminishing marginal
iris [78.8K]

Answer:

the fifth game of chess is a different good than the first game of chess.

Explanation:

In this scenario Jackson says that the fifth game of chess gave him more utility than the first game he played. This goes against the law of diminishing marginal utility which states that the utility a consumer gains from consuming a good diminishes as more of the good is consumed.

The logical explanation an economist will give is that the fifth game was a different product than the first game. So the utility between the products are different.

In such a situation it is possible that the utility from the fifth game is higher than that of the first game

6 0
3 years ago
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