Incomplete question. Assumed you are referring to this article;
Six years after turning the leadership of Costco Wholesale over to the then- president, Craig Jelinek, Jim Sinegal, Costco’s co-founder and chief executive officer (CEO) from 1983 until year-end 2011, had ample reason to be pleased with the company’s ongoing revenue growth and competitive standing as one of the world’s biggest and best consumer goods merchandisers. Sinegal had been the driving force behind Costco’s 35-year evolution from a startup entrepreneurial venture into the largest retailer in the United States, the seventh-largest retailer in the world, and the undisputed leader of the discounted warehouse and wholesale club segment of the North America retailing industry. Since January 2012, when Craig Jelinek took reins as Costco Wholesale’s president and CEO, the company had prospered growing from annual revenue of $89 billion and 598 membership warehouse at year-end fiscal 2011 to annual revenues of $126.2 billion and 741 membership warehouse at year-end fiscal 2017. Costco’s growth continued in the first nine months of fiscal 2018. 9-month revenue was $95.0 billion, up 12.0 percent over 9 months of fiscal 2017, and the company had opened four additional warehouses. As of June 2018, Costco ranked as the second-largest retailer in both the United States and the world.
<u>Explanation:</u>
Note, the threat arising from new competitors into a particular market refers to the likelihood that this company or business would overtake existing ones in their market share.
However, <em>recall </em>that we are told that Costco has been in the business for up to 35 years, and has become "the undisputed leader of the discounted warehouse and wholesale club segment of the North America retailing industry," this fact alone makes us and the new competitors weary of how difficult to acquire part of the market. This thus puts Costco at a competitive advantage.
Answer:
If the supply of both changes, the computer price will increase more since it has an elastic demand.
Explanation:
Price elasticity of demand can be defined as a measure of how much the demand of a good or service changes with a corresponding change in price. It tries to estimate how much the consumers respond in terms of demand when the price of a good or service changes. The formula for determining the price elasticity of demand is as follows;
E=%D/%P
where;
E=price elasticity of demand
%D=percentage change in the demand which is given as;
%D={(final demand-initial demand)/initial demand}×100
%P=percentage change in price which is given as;
%P={(final price-initial price)/initial price}×100
The measure for the price elasticity of demand is absolute. A good or service can either be elastic or inelastic. A good that is elastic is one whose price elasticity of demand is greater than 1 which means that it's demand is highly responsive to changes in price. On the other hand, a good that is inelastic is one whose price elasticity of demand is less than 1 means that the changes in price do not affect it's demand.
Answer: The correct answer is "c. marginal revenue will be positive but declining.".
Explanation: If a pure monopolist is operating in a range of output where demand is elastic: marginal revenue will be positive but declining.
To the extent that the monopolist's demand has a negative slope, the marginal income is always below it. And this is so because to sell more the monopolist has to lower the price, and this reduction in the price affects all the units that will sell.
Answer:
Part - 1: Increase
As business is hopeful about future,it will begin limit extension to provide food customer request.
Part - 2: Decrease
Higher genuine loan fee implies acquiring cost is higher for the organizations thus that they will lessen the interest in response to that.
Part - 3: Decrease
A lower charge implies higher benefits and firms can pass these advantages to purchasers with lower costs, to representatives with higher wages and to the administration with charge on benefit. Nonetheless, in the event that the pace of expense itself has been expanded, at that point all things considered corporate will consider higher to be as a dampener in suppositions and they may diminish venture plans.
Part - 4: Decrease
A downturn implies there will be lesser monetary movement generally speaking and request will be lower so as the utilization. In such case, arranged speculation will be diminished.