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alex41 [277]
2 years ago
10

________ exists when a large number of firms produce goods that are similar but customers believe there is a difference.

Business
2 answers:
Sedaia [141]2 years ago
5 0
Answer (Competitive practice)

The answer that fills the blank is competitive practice because businesses compete when they have a similar product that they both try to sell.

Hope this helps have a nice day :)
hichkok12 [17]2 years ago
4 0

Answer:

Monopolistic Competition

Explanation:

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2018, the westgate construction company entered into a contract to construct a road for santa clara county for $10,000,000. the
Firlakuza [10]

Answer:

2018: 28% 2,800,000

2019: 22% 2,200,000

2020: 50% 5,000,000

Explanation:

2018 revenue

total cost:

2,044,000 + 5,256,000 = 7,300,000

percentage of completion: 2,044,000/7,300,000 = 28%

revenue recognition: 10,000,000 x 28% = 2,800,000

2019 revenue

cost: 2,628,000 + 2,628,000 = 5,256,000

percentage of completion: 2,628,000 / 5,256,000 = 50%

revenue recognition: 10,000,000 x (50% - 28%) = 2,200,000

2020 revenue

as the company's finished the cosntruction it recognzie the entire amount left

10,000,000 - 2,800,000 - 2,200,000 = 5,000,000

7 0
3 years ago
Your roommate is studying to be a drummer in a rock band. She practices in your apartment every evening for three hours and the
Ludmilka [50]

Answer:

The correct answer is C. An internal cost

Explanation:

An internal cost is cost the internal struggle that is going on within oneself. Unlike external cost, it is not paid through material things, rather it is paid by internal mental strategies.

This is an example of an internal struggle because the roommate cannot be categorized into a third party, and it is your internal struggle that you cannot focus while there is noise. For some people, noise helps to concentrate.

Therefore, it would be considered as the internal cost that you pay due to your roommate.

5 0
3 years ago
Skippy loves peanut butter. Skippy reads on the internet that 75 percent of the peanut crop in the South has been wiped out by d
Bingel [31]

Answer:

d. ​ Skippy’s demand for peanut butter increases today.

Explanation:

The taste and preferences of the consumers are one of the factors affecting the demand for the goods. The demand for goods increases according to tastes and preferences. Another factor of an increase in demand is the expectation of a consumer regarding the future prices of the goods.

In the given scenario, Skippy's demand for the peanut butter will increase because of the above mentioned two reasons. Since he is very much fond of the peanut butter, the demand will remain constant. At the same time, after reading about the future unavailability of the peanut butter and the increase in the price of it, the demand for the peanut butter will rise the present day.

6 0
3 years ago
Enterprise Free Cash Flows should include which of the following: I. Capital expenditures II. Financing costs III. Taxes IV. Wor
valentina_108 [34]

Answer:

I. Capital expenditures  

III. Taxes

IV. Working capital requirements

Explanation:

Free cash flow = EBIT*(1 - tax rate) + depreciation - changes in net working capital - capital expenditure

5 0
3 years ago
Greensaver Corp. is a company that sells electricity. Greensaver has taken the initiative to generate more power from solar and
UNO [17]

Answer:

c.Corporate social responsibility (CSR)

Explanation:

Based on the information provided within the question it can be said that Greensaver Corp's efforts are best described as Corporate social responsibility. This refers to the act of a company' charitable nature to contribute to societal goals. Which is exactly what Greensaver Corp is doing by installing saplings in parks and roadsides in order to combat pollution of nonrenewable resources for the good of the planet and society.

5 0
3 years ago
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