Answer: The correct answer is "relative perfomance".
Explanation: According to Brynjolfsson and McAfee (2014), in winer-take-all markets, the compensation (e.g., revenues) is mainly determined by <u>relative perfomance.</u>
A type of market in which the winner takes everything clearly implies that the best competitors are those who take a large proportion of rewards while the worst little or nothing. To say that it is determined by their relative performance, refers to the subjects receiving rewards based on their performance in relation to the other competitors.
Answer:
Decrease by $ 186,000
Explanation:
Variable Mfg. Cost $ 270
Variable Marketing $ 100 + increased by 2 per unid = $ 102
Total Variable $ 372
NOW Sales Price $ 310
Less Total Variable Cost 372
= Contribution Margin $ -62
Times units sold × 3000
= losses $ 186,000
Answer:
stimulating economic growth
Explanation:
Expansionary monetary policies are the action by the Fed that aims at stimulating economic growth. They aim at increasing the money supply in the economy. Examples of expansionary monetary policies are open market purchases, reduction of the discount rate, and reduction in the reserve requirement ratio.
Expansionary monetary policies stimulate economic growth by encouraging investments and consumption spending. When the discount rate is reduced, interest rates reduce automatically. Banks will loan out more when they a lot of money in their custody. Expansionary monetary policies are applied when there is a slowdown in economic growth.
Answer:
Answer is option b, i.e. Passion for his invention.
Explanation:
Roland has almost all the qualities of a successful entrepreneur which includes an innovative mindset, ability to identify new opportunities, but he lacks in being passionate about what he desires to achieve. To start something new and follow one's dream one has to be passionate enough to be consistent and patient. Passion without patience is merely a dream which cannot be realized in true form. Hence, instead of quitting on what Roland had started, he should have searched for some more ideas to influence various agriculture companies.
Answer:
May-15. Dr Merchandise inventory 40000
Cr Accounts payable 40000
( To record purchase of inventory)
May-17. Dr Merchandise inventory 310
Cash 310
(To record payment of freight of shipment)
May-20. Dr Accounts payable 800
Cr Merchandise inventory 800
( To record purchase return of inventory)
May-24. Dr Accounts payable (40000-800) 39200
Cr Cash 39200
( To record payment in full of inventory purchase)
