Influencers, deciders, and gatekeepers are examples based on segmentation

In the case of oligopolistic markets, self-interest makes cooperation difficult and it often leads to an undesirable outcome for

Tanya [424]

Answer: True

Explanation:

An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.

This usually leads to an undesirable outcome. For instance, if two oligopolistic firms agree on a price to sell goods, one of them might decide to sell at a lower price in order to gain more market share. This will cause the other firm to reduce its prices as well which means that both companies would be worse off than when they started.

7 0

3 years ago

Palmona Co. establishes a $330 petty cash fund on January 1. On January 8, the fund shows $237 in cash along with receipts for t

alexandr402 [8]

Answer:

The following information was missing:

"... with receipts for the following expenditures: postage, $36; transportation-in, $13; delivery expenses, $15; and miscellaneous expenses, $25. Palmona uses the perpetual system in accounting for merchandise inventory.

Prepare journal entry to establish the fund on January 1, reimburse it on January 8, and reimburse the fund and increase it to $450 on January 8, assuming no entry in part 2."

Part 1:

January 1, petty cash fund established

Dr Petty cash fund 330

Cr Cash 330

Part 2:

January 8, petty cash expenses

Dr Postage expenses 36

Dr Transportation expenses 13

Dr Delivery expenses 15

Dr Miscellaneous expenses 25

Dr Cash short and over 4

Cr Petty cash fund 93

Part 3:

January 8, petty cash expenses

Dr Postage expenses 36

Dr Transportation expenses 13

Dr Delivery expenses 15

Dr Miscellaneous expenses 25

Dr Cash short and over 4

Cr Petty cash fund 93

January 8, petty cash fund is replenished

Dr Petty cash fund 213

Cr Cash 213

7 0

3 years ago

Suppose that severe floods destroyed farms, homes and businesses in the Midwest. Use the aggregate demand /aggregate supply mode

xenn [34]

Answer:

Severe floods affecting aggregate demand and aggregate supply can be equated with bad weather destroying crops. In this regard, the supply of goods and services will be slower or harder to keep up with depending on the demand given. The losses suffered as a result of the sever floods will result in the demand for goods and services to increase but the measured supply thereof might not be sufficient given the extreme backlog and circumstances created by the sever floods.

In this scenario, the effects on the output (goods and services) supplied will be slower in the short-run until businesses and farms are restored to stable working conditions. The demand thereof (for output) will increase and has inverse relationship with the supply of goods and services, until there is an equilibrium point reached when the supply of goods and services meet the demand required. Prices in the short term will increase until conditions have become stable. This will affect the GDP of the businesses negatively.

In the long-run, the demand for goods and services will decrease as conditions stabilise and the supply of goods and services will even out to meet the demand required. Depending on the far reaching effects of the severe floods, equilibrium and stable demand and supply may take a while to become normal again. In the long-run the price of goods and services should decrease as the demand required is met through the supply of goods and services. This will affect the GDP of the businesses positively.

Explanation:

To understand the answer given above, you have to understand the inverse relationship there is between the aggregate demand and aggregate supply.

Aggregate supply is the complete number of units (goods and services) supplied to the market (i.e. produced and sold in the market) which is also the gross domestic profit (GDP). In the short-run for this question, the GDP will decrease initially until conditions become stable.

Aggregate demand is the total domestic spending consumers have on goods and services in the economy. The GDP will increase in the long-run as the demand and supply is met and becomes steady.

7 0

4 years ago

The person who buys the right to sell the brand products of a company.

malfutka [58]

Answer:

franchisee

Explanation:

8 0

4 years ago

Read 2 more answers

Making a credit card minimum payment:

bonufazy [111]

<span>Making a credit card minimum payment means you are paying a small portion of your total credit card debt. The minimum payment on your credit card is ordinarily set at the more noteworthy of a rate of your adjust, or a money sum, for example, 3%. Added to this will be any enthusiasm due for the month, any charges caused due to a default in installment, and perhaps some portion of the yearly expense if there is one.</span>

4 0

4 years ago