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barxatty [35]
3 years ago
15

When the cross elasticity of demand between one product and all other products is low, one is generally referring to a(n) ____ s

ituation. a. pure competition b. monopoly c. oligopoly d. monopolistic competition e. substitution
Business
1 answer:
kenny6666 [7]3 years ago
6 0

Answer:

B)monopoly

Explanation:

monopoly can be regarded as situation when company and its product dominate particular sector as well as industry. It give description of an entity which has total control as regards to a market. price elasticity of demand can be regarded as one that measure the sensitivity big the quantity demanded with its price. It should be noted that When the cross elasticity of demand between one product and all other products is low, one is generally referring to a monopoly situation

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LO 2.2Which of the following are prime costs?
sesenic [268]

Answer:

OPTION D: Direct Labor and Direct Material

Explanation:

Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS .

                 Prime Cost = Direct Material Cost + Direct Labor Cost

Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.

4 0
3 years ago
Which of the following is TRUE of brokers? a. Brokers bring buyers and sellers together and assist in negotiation. b. Brokers re
yuradex [85]

Answer:

a. Brokers bring buyers and sellers together and assist in negotiation.

Explanation:

Brokers are a kind of agents as, they help the buyers find the sellers, and the sellers to find the buyers.

They help in price negotiations and settling the deals. They are hired for individual deals, and not for a specified period.

They do not get any payments in the form of salary, but they get payment in the form of commission, based on the price of settlement of the deal.

3 0
3 years ago
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Scrat [10]

Answer:

$22

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Total cost = $13 + $9 = $22.

Therefore, if the practice had not been skipped and the carnival not attended, $22 would have been saved.

6 0
3 years ago
According to goal-setting theory, in order for goals to enhance motivation and performance they must be Multiple Choice recogniz
kow [346]

According to goal-setting theory, in order for goals to enhance motivation and performance they must be: B. accompanied by feedback.

<h3>What is motivation ?</h3>

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For a goals which a company what to accomplish to enhance motivation  such goals must depend on the feedback received.

Therefore the correct option  is B.

Learn more about motivation here:brainly.com/question/6853726

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4 0
2 years ago
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2 years ago
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