Answer:
c. rise, interest rates to rise, and the dollar to appreciate
Explanation:
Explanation:
The two types of goods / services where price competition works best are those classified by a market model of perfect competition and imperfect competition.
In perfect competition, there is a predominance of a homogeneous market, with the presence of many companies and without barriers to entry, where there is the possibility of free price competition, such as the food industry.
In imperfect competition, there is also the presence of many industries in the market, but there is a differentiation of products, which causes price competition but depending on the benefits, functionality and degree of differentiation of the good perceived by the consumer.
Answer:
Omega has a competitive advantage over its competition.
Explanation:
Competitive advantage involves factors which put a company in higher position compared to the competitors. It also referred to as competitive edge. There are types of competitive advantage which include cost, differentiation, and people. Omega manufacturing falls under the third category as it has gained a competitive edge by investing in top professionals in order to give a cut-throat competition to the rival companies.
Answer:
It is $60,000 (C)
Explanation:
As at 2016 :
Operating Profits =$800,000- $600,000
=$200,000.
At at 2017
Operating Profit = (800,000+100,000) -(600,000+40,000)
=900,000-640,000
=$260,000
Increase in Operating Profit = $260,000- $200,000.
=$60,000
This represents increase of [ (60,000/200,000)*100% ] 30%
