1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BaLLatris [955]
3 years ago
5

Think about a small business you might enjoy opening. Typical examples might be a restaurant, specialty clothing store, or profe

ssional service. Assume that it will be in a monopolistically competitive market structure. How will you specifically differentiate your product from others in the market
Business
1 answer:
PolarNik [594]3 years ago
6 0

Answer:

Explanation:

When opening a business in a monopolistically competitive market structure it is incredibly difficult to compete and find a loyal customer base to make a profit. The best way to differentiate your product would be to personalize it as much as possible for every client. Personalizing not only the product but the shopping experience for each individual client makes that client feel special and cared about. This helps convince them to purchase this product from you as opposed to a competitor. Therefore, slowly increasing your loyal customer base.

You might be interested in
Supplies are an example of a(n)
maxonik [38]

Answer:

Supply is an example of a none of the above

Explanation:

fixed cost, opportunity cost, and variable cost are not examples of supply

7 0
3 years ago
Suppose you have a 1-year horizon and purchase a 5-year (annual) coupon bond. If the price of the bond on the horizon date is th
Anni [7]

Answer:

the bond's current yield.

Explanation:

When the price of the bond is equal to the initial price paid for the bond, the current yield rate of the bond is equal to the ROR of the bond. If there is the market price of the bond is the same as the initial issuance value of the bond the investors of the bond do not gain or lose anything from this bond from the change in price in the time period between the issuance of the bond and Purchasing date of the bond.

Current Yield = Annual Coupon payment / Market price of the bond

The bond yield will remain the same when the selling price of the bond and the issuance price of the bond remain the same. As the coupon payment is fixed every time.

4 0
3 years ago
Excom sells radios and each unit carries a two-year replacement warranty. The cost of repair defects under the warranty is estim
Stels [109]

Answer:

D. $358

Explanation:

The computation of the Product Warranty Expense is shown below:

= Number of radios sold × selling price per radios × estimated warranty percentage

= 132 radios × $54 × 5%

= $356.40

i.e $358 approx

By multiplying the number of radios sold with the selling price and the estimated warranty percentage we can get the product warranty expense  58

6 0
3 years ago
The building code of River City requires that elevators in public buildings be inspected every nine months. Hal did not have the
Archy [21]

Answer: Public tort

Explanation: In simple words, public tort refers to the minor breach of contract by an individual. It is considered as a civil offense but still the acts under this act carries a criminal punishment.

In the given case, Hal did not make the elevator inspected in the seventh story for two years, however all other were inspected as per the rules. Thus, we can conclude that he breached the rule on a small level.

Hence from the above we can conclude that his offense would be classified as public tort.

3 0
4 years ago
What companies aren't like McDonald's? look them up or share the story and nutritional value.
Alexxandr [17]
What do you mean as 'Not like McDonald's'? Do you mean fast food or what? 
8 0
4 years ago
Other questions:
  • When evaluating the six-step decision-making process, what occurs during the solution implementation step? the process will begi
    5·1 answer
  • Ellie (a single taxpayer) is the owner of ABC, LLC. The LLC (a sole proprietorship) reports QB) of $ 900,000 and is not a specif
    14·1 answer
  • Gilberto's profit is maximized when he produces 3 shirts. When he does this, the marginal cost of the previous shirt he produces
    15·1 answer
  • Which of the following is an advantage of a sole proprietorship? A. It is easy to expand if it succeeds B. It faces few governme
    6·1 answer
  • This is the economic growth that meets the needs of the present without consuming social and environmental resources in a way th
    5·1 answer
  • The following information pertains to Marsh Company for the current year: Average total assets, $400,000 Average common stockhol
    14·1 answer
  • You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would
    6·2 answers
  • 8. Effective Yield. A US investor obtain British pounds when the pound is worth $1.50 and invest in a one year-money market secu
    12·1 answer
  • First National Bank charges 14.1 percent compounded monthly on its business loans. First United Bank charges 14.4 percent compou
    14·1 answer
  • The medical assistant should let Ms. Rainwater know only three visits have been approved by the insurance company to see Dr. Bro
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!