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azamat
3 years ago
13

The practice of setting prices deliberately below ________ costs in an effort to drive a competitor out of the market is known a

s predatory pricing.
Business
1 answer:
snow_tiger [21]3 years ago
5 0

Answer:

c. average variable

Explanation:

The options for the question are;

. a) marginal

b. average total

c. average variable

d. average fixed

Predatory pricing can be regarded as

pricing strategy which is an illegal act whereby dominant firm in an particular industry set their price low so that compitition can be eliminated, this act usually aid Monopoly in the market. It should be noted that The practice of setting prices deliberately below average variable costs in an effort to drive a competitor out of the market is known as predatory pricing.

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A group of middle school students wants to raise money to help build a new school track. They decided to sell donuts before scho
never [62]

Answer:

25 cent/donuts

Explanation:

Demand function have these two points (275, 0), (175, 25)

Demand function equation:

y - 25 = \frac{25 - 0}{175-275} (x-175)

-100y + 2500 = (x - 175)

-4y + 100 = x - 175

x + 4y = 100 + 175

x + 4y = 275....................equ 1

Similarly Supply function have these point (150,0), (200, 50)

Supply function equation:

y - 50 = \frac{50 - 0}{200-150}(x- 200)

50y - 2500 = x - 200

y - 50 = x - 200

x - y = 200 - 150

x - y = 150

By equation 1 & 2

x + 4y = 275

x - y =  150 ==> x = 150+y

So from equ 1 => x + 4y = 275

=> 150+y+4y = 275

=> 150+5y = 275

=> 5y = 275 - 150

=> 5y = 125

=> y = 25

So, the price that the students should charge per donut so that there is neither a surplus nor a shortage of donuts is 25 cent/donuts

4 0
2 years ago
What are the expenses a firm must pay before it can begin to produce and sell goods called?
Aloiza [94]

Answer:

The answer is startup costs.

Explanation:

Startup costs are inevitable costs that a new business would incur when starting to establish its operations. Some examples of this would be legal services cost to help them in registering the company, designer services for company logo and official website, and initial office rental cost. It is advised to budget wisely the total expense you would need for this before paying for them.  

7 0
3 years ago
_______ refers to the gathering information and uncovering customer needs by using one or more questions.
Scilla [17]

Answer:

a. Probing

Explanation:

Probing refers to the gathering of information and uncovering customer needs by using one or more questions.

This ultimately implies that, business owners and service providers through the help of customer relationship department are able to understand the various customer needs by asking pertinent questions. The main purpose of this strategic approach (probing) is to ensure businesses understand customer needs and are able to provide appropriate solutions in a timely manner.

<em>Some examples of probing questions used by various businesses are;</em>

  • Did you enjoy our service?
  • How satisfied are you with this product?
  • What would you recommend we add to our website?
3 0
3 years ago
Prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a review of insurance policies an
artcher [175]

Answer:

Insurance expense for the year = $4,700 - $900 = $3,800 Journal...

8 0
3 years ago
Every year, Professor Dumbledore assigns the instructors at Hogwarts to various faculty committees.
aniked [119]

Answer:

Explanation:

Base on the scenario been describe in the question, the algorithm that describe professor Dumbledore’s problem, or correctly

reports that there is no valid assignment whose total cost is finite is written as follows; Dumbledore needs to assign instructors to committees so that (1) each committee is full, (3) no

instructor is assigned to more than three committees, (2) only suitable and willing instructors

are assigned to each committee, and (4) the total cost of the assignment is as small as possible.

Describe and analyze an efficient algorithm that either solves Dumbledore’s problem, or correctly

reports that there is no valid assignment whose total cost is finite

.

6 0
2 years ago
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