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nekit [7.7K]
3 years ago
14

If one of your other classes has a writing assignment, this would be the perfect opportunity to apply this lesson activity towar

d that assignment. Explain the writing assignment from your other class below. If you don’t have a writing assignment in another class, answer the following questions for the essay you will write for this course: What is the purpose of your essay? What type of essay will it be (persuasive, expository, etc.)? Who will the audience be?
Business
1 answer:
Alex777 [14]3 years ago
4 0

Answer:

awnsers may very

Explanation:

be ause it is your personal awnser

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Zappos, an online shoe company, knows shoes are typically a(n) ________ good, with consumers often spending time comparing alter
Leona [35]

Answer:

shopping

Explanation:

Shopping products are the ones that customers tend to compare in order to buy them considering different characteristics like price, style and quality. Because of this, customers take some time before deciding what to purchase and shoes can be considered a shopping good as consumers will make comparisons before deciding which one to buy.

8 0
3 years ago
When the price of a bond is above the equilibrium price, there is excess ___ in the bond market and the price will ___.
Setler [38]
C. When price is too high, people are less willing to purchase the good, so demand is lower when price is higher. (Demand curve is always slopping downwards as a result). As the price is high, producers are more willing to sell their goods (I.e. bonds) which will give them more money per unit good being sold. This will result in Quantity Supplied (Qs) being greater than Quantity Demanded (Qd), and so, there is a surplus of bonds in the market. This will cause a downward pressure to apply on price, so that Qd = Qs eventually.

Hope this helps!
8 0
3 years ago
The fact that financial services are more plentiful and easier to access means that
DaniilM [7]
A. consumers need to be better informed about what services are available and what those services cost.
8 0
3 years ago
I need help brainstorming ideas for my innovation class.
WINSTONCH [101]

Answer:

ayúdame por favor

Explanation:

ayúdame a encontrarla

5 0
3 years ago
Firm A and Firm B are the only two companies that sell mail-order DVD rental subscriptions. For several years, Firm A priced its
timurjin [86]

Answer:

B. Firm A engaged in predatory pricing.

Explanation:

Since Firm A and B are the only two companies that sell this good

Firm A decided to price its subscriptions below average variable cost that is it lowered it's prices which made Firm B to also lower it's own, but they went bankrupt and exited the market. Firm A then raised prices by 40% and is currently earning large, positive economic profits.

Based on this, Firm A engaged in predatory pricing.

Predatory pricing is a marketing or pricing strategy that has to do with lowering the cost of goods and services for a short-term, in order to make competitors lower their price, making them to go bankrupt in the process and thereby exiting the market.

6 0
2 years ago
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