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viktelen [127]
3 years ago
6

Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose th

e merging of firms results in the market being served by only three or four firms selling this same product. As a result, we would expect
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

a decrease in market output and an increase in the price of the product.

Explanation:

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A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15,
beks73 [17]

Answer:

maximum profit ($30 in total) is obtained by selling 5 units

Explanation:

  1. if the market maker buys and sells one unit, his/her profit = $15 - $5 = $10
  2. if the market maker buys and sells two units, his/her profit = $10 + ($14 - $6) = $18
  3. if the market maker buys and sells three units, his/her profit = $18 + ($13 - $7) = $24
  4. if the market maker buys and sells four units, his/her profit = $24 + ($12 - $8) = $28
  5. if the market maker buys and sells five unit, his/her profit = $28 + ($11 - $9) = $30

the maximum profit per unit is obtained by selling only 1 unit, but the total maximum profit is obtained by selling 5 units.

3 0
3 years ago
Describe an advertisement you've seen that uses a desire-based marketing message. what desire does this ad appeal to? tip: this
nadezda [96]
<span>I once saw an advertisement for a weight loss supplement. The persons in the ad seemed to change significantly after using the product. Apart from their appearance, everything seemed to be going better for them. Being that I struggle myself with weight issues that ad activated my desire to get slimmer and change things in my life too. I wanted that supplement at all cost.</span>
6 0
4 years ago
Many managers describe performance appraisal as the responsibility that they like least. Why is this so? What could be done to i
rusak2 [61]

Answer:

Performance appraisal is by its very nature subjective.  To improve the situation, as much as it is possible, objectivity should be allowed to rule all appraisal processes.

Explanation:

Performance appraisal is the formal evaluation of employees by their managers for the purpose of aligning employees' performance to the achievement of corporate objectives.  To achieve goal congruence between employees who have different objectives for their work and the organization which wants to achieve profit and other corporate goals, performance appraisals are carried out periodically.  However, the process has been marred by manager's bias, incompetence, and other problems.

4 0
3 years ago
1. What is the term used to describe a check that has been outstanding for more than six months? (1 point)
a_sh-v [17]
The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
8 0
3 years ago
Imagine you are writing a classroom management program. In which of the following scenarios will dynamic data structures approac
vlada-n [284]

Answer: e. . Both b and c

Explanation:

When using a Dynamic Data Structure, the structure in place is not fixed but rather has an allowance for growth or shrinkage. The capacity has an allowance to take more data or less data as it is operated on.

When using the Dynamic data structure approach for the classroom management program therefore, there must be an allowance for an increase in students. This is why options B and C are correct because the classroom has more capacity than students and the school has more classroom capacity than classrooms utilized respectively.

6 0
4 years ago
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