Answer:
$7,255
Explanation:
The computation of the total purchase price is shown below:
= Number of shares purchased × par value per share + commission paid
= 100 shares × $72 + $55
= $7,200 + $55
= $7,255
The Number of shares purchased × par value per share is also known as total purchase value
We simply calculate the total purchase value and then added the commission paid so that the accurate value can come
Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputation for excellent customer service will most likely result in a sustainable competitive advantage.
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Explanation:</u></h3>
When a firm offers its customers with any products that has higher quality and benefits or lower price that its competitors then it refer to the competitive advantage. It is the advantage that the firm attains when compared with their competitors.
There are many different kinds of competitive advantage that can be used by a firm such as cost, product differentiation, niche strategies, etc. It is the thing that is absent in the competitors. In the given example, Nordstrom has well known reputation for the service that it gives for its customers and hence it is the likely result of sustainable competitive advantage.
In the airline industry, the exit barrier of offering international routes restricts movement between hub-and-spoke and point-to-point airlines.
<h3>What is the exit barrier?</h3>
This is the term that is used to describe all of the challenges and the impending difficulties that may prevent a company from exiting a market.
This question tells us that it is a barrier of exit and restriction of movement between hub-and-spoke and point-to-point airlines.
Read more on exit barrier here: brainly.com/question/2975624
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Answer: Option (A) is correct.
Explanation:
Correct Option: A.supply whatever amount consumers demand at a price determined by the minimum point on the typical firm's average total cost curve.
In the long run, equilibrium price of a perfectly competitive firm implies that there is no economic profit for the firm. This situation occur when the marginal cost is equal to the average total cost.
The firm is break even when the price is equal to the minimum point of average total cost of the firm. So, there is no possibility of economic profit for the firm.
Answer:
C. decrease; not change
Explanation:
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
The rise in price of gasoline only affects the quantity demanded. Other factors affect the demand for gasoline.
I hope my answer helps you
