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3 years ago

In capitalism what is pure competition?

Business

1 answer:

inysia [295]3 years ago

5 0

Answer:

Pure or perfect competition is a theoretical market structure in which the following criteria are met: All firms sell an identical product (the product is a "commodity" or "homogeneous"). All firms are price takers (they cannot influence the market price of their product). Market share has no influence on prices.

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3-D-T has developed a printer that will "print" t-shirts and other simple articles of clothing on demand. In order to let custom

horsena [70]

Answer:

In order to let customers know about this product, an advertising campaign should emphasize on marketing.

Explanation:

Marketing is a tool that can be used to reach more people and also offer better services at a good price at the same time. For marketing to work effectively for your product, one has to utilize effective marketing strategies as follows;

Conduct proper research on the target audience; the target audience is the potential customers that this product is to be sold to. Adequate and proper research on the target audience is necessary to determine their preferences in terms of product quality, price and product accessibility. Other preferences can also be determined depending on the scope of the research
Create a blog or website for your product; blogs or websites can be created to provide information about your product online. This means that anyone who has access to a computer or a smart phone with good internet can easily get information about your products and possibly buy.
Market your product through social media; social media has become a global market due to the huge number of social media users. One can simply create a social media account, and connect with a number of potential customers. The campaign team can even decide take sample pictures of the shirts and share them to potential customers. The team will also need to include additional information concerning the product.
Offer discounts; everyone loves to pay less for a product. So a carefully determined discount can attract more customers to the product since a lower price will attract additional customers that maybe could not afford the product prior to the discount.

All these marketing strategies if well implemented can take a business a long way in terms of sales.

5 0

3 years ago

How do you make money in the stock market?

Andru [333]

You invest money in a store or product

Let's say for example Chipotle

So (in small numbers)
Let's say you buy a piece of chipotle and you buy it for $50. Once you buy the piece that means you know own "stock" in chipotles business.

Maybe the next week chipotle is doing good and you'll make $200

But another week chipotle isn't doing so well and you make $25

By investing in chipotle you believe that chipotle will accumulate a lot of cash in the next years to come. So depending on what percent you bought you will receive money if chipotle does well. And you won't Recieve money if chipotle is not doing well.

Sorry this is so long but it takes a while to explain the stock market. That's the best I could do.

Also iPhones have a stock market app if your interested

3 0

3 years ago

Read 2 more answers

The head of an advertising agency predicts that the client's sales will double within six months after the new advertising campa

finlep [7]

Answer:

It is a prediction made from the results of some data that have been taken as the basis of an investigation.

Explanation:

A hypothesis is a conjecture or assumption made from a sample of data that serves as the basis for initiating an investigation, and its results yield what can be expected upon execution.

6 0

3 years ago

Selected information from Dinkel Company's 2018 accounting records is as follows: Proceeds from issuance of common stock $ 800,0

pochemuha

Answer:

Dinkel's statement of cash flows for the year ended December 31, 2018, would show net cash provided (used) by financing activities of $2,750,000.

Explanation:

Dinkel Company

Statement of cash flows (extract)

Proceed from issuance of common stock $800,000

Proceed from issuance of bonds 2,400,000

Cash dividend on common stock paid (290,000)

Cash dividend on preferred stock paid (120,000)

Purchase of treasury stock (240,000)

Proceed from sale of stocks 200,000

Net cash provided (used) by financing activities $2,750,000

3 0

4 years ago

What is the proper adjusting entry at December 31. the end of the accounting period, if the balance in the prepaid insurance acc

Artemon [7]

Answer:

C. Debit Insurance Expense, dollar 4, 500; Credit Prepaid Insurance, dollar 4, 500

Explanation:

Date Account Title Debit Credit

Dec 31 Insurance expense $4,500

Prepaid insurance $4,500

($7,750-3,250)

Option C is correct.

7 0

3 years ago