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RSB [31]
3 years ago
12

Consider a market served by a monopolist, Firm A. A new firm, Firm B, enters the market and, as a result, Firm A lowers its pric

e to try to drive Firm B out of the market. This practice is known as CHEGG
Business
1 answer:
Soloha48 [4]3 years ago
6 0

Answer:

Predatory pricing.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Predatory pricing is a marketing or pricing strategy that involves lowering the cost of goods and services for a short-term, in order to lure competing firms to lower their price, thus causing them to go bankrupt and exiting from the market.

Thus, the practice by the firms in this scenario is known as predatory pricing.

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heliot company operates its business in state h, which levies a 6 percent sales and use tax. this year, heliot purchased a $600,
olasank [31]

The total Use tax Heliot Owes State H for Property in K is $18,000

<h3>What is a business?</h3>

A business can be defined as the part where the buying and the selling of the product is done in the organization.

Use of Tax Heliot owes to State H for Property Purchased

The value of the property in State H that Heliot Purchased =  $600,000

Tax rate applicable in State H  =  6%

Tax for Pre-credit use (0.06 x 600,000)  = $36,000

Subtract The sales tax paid by Heliot to State K = loss $18,000

The total Use tax Heliot Owes State H is $18,000

Learn more about business, here:

brainly.com/question/15826771

#SPJ4

The question is incomplete, the complete question is:

Compute the use tax that Heliot owes to State H for the property purchased in State K.

6 0
1 year ago
Pat, an insurance executive, contributed $1,000,000 to the re-election campaign of Governor Stephens, in hopes that Stephens wil
Advocard [28]

Answer:

A) $0

Explanation:

The contribution made to candidates, political parties, campaings, or newsletter fund aren't tax deductible. Thus, the dollars Pat contribute to Stephens run for the governor office cannot be filled as deductions.

Only charitable contributions to qualified organization are deductible.

5 0
3 years ago
Every month Sam Tabor is assigned a different job at Russo &amp; Daughters Financial Consulting. Sam enjoys the task variety and
tino4ka555 [31]

Answer:

I think its rotation, im not sure

8 0
3 years ago
Rohan wants to buy part of a company, and is interested in stocks. He knows that his favorite company, Apple, is traded on the s
hoa [83]

Answer:

Yes, he can buy stock in Apple.

Explanation:

8 0
2 years ago
A group of architects and engineers has been organized to plan the construction of a new bridge. the team members are getting to
yuradex [85]

The answer is e norming

3 0
3 years ago
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