A pure-monoply means that a company does not have to compete with other producers within the market. Since they aren't competing with a good or service, they aren't competing with each others customers either. When a company does not have to compete on price/customers they may end up being greedy and have market failure.
Answer:
Wants is less important because you don't need it/them to survive, you can live with only your needs, you should only get your wants only if you can afford it and still have enough money for needs.
Explanation:
I don't know if that made sense lol
Answer:
d. quality.
Explanation:
-Delivery area refers to the places in which the appliances can be delivered.
-Quantity refers to the amount of appliances that the company can produce and sell.
-Price refers to the amount of money that customers would pay for the appliances.
-Quality refers to the degree in which the appliances can meet the customer's requirements.
According to this, the answer is that based on its customers, ABC should try to dominate the market in quality because its products meet the expectations of professional chefs and that should be market to focus on as the company can have an important advantage by providing exactly what they need.
The other options are not right because professional chefs are interested on what they can do with this appliances and not on price, quantity or delievery area.
Answer:
Missing word <em>"Because the stock will be sold directly to an investor, there is no spread; the other flotation costs are insignificant"</em>
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Fair Price is based on the current valuation of business and that is $840,000 in this case.
Fair Price = Current Value of Business/Number of Outstanding Shares
Fair Price = $840,000 / 37,000 shares
Fair Price = 22.7027027
Fair Price = $22.70.
Number of Additional Shares = Additional Funding Required/Fair Price Per Share =
Number of Additional Shares = $210,000 / $22.70
Number of Additional Shares = 9251.101321585903
Number of Additional Shares = 9251 shares
So, since additional funding of $210,000 is required, Benjamin will have to sell 9,251 shares as additional shares to the Angel.
