All categories

3 years ago

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

2 answers:

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]3 years ago

4 0

Answer:

Monopolistic Competition

Explanation:

You might be interested in

Describe at least two common types of variable expenses that you expect to have at some point in your life. (1-2 sentences. 1.0

Alex17521 [72]

Two variable costs that I anticipate to have include transportation costs and entertainment costs. Transportation is a regional cost, and will vary depending upon the availability of alternatives, such as mass transit and walking, and the cost of owning a vehicle. Entertainment will vary based upon regional availability of specific activities as well as my personal tastes, as they evolve over time.

5 0

3 years ago

If you were opening a new business, would you select a location closer to or farther away from a business that sold a similar or

allsm [11]

Answer:

Depends on how big your business is and what you can offer.

Explanation:

If you have a business that is bigger and has more to offer than the other company i would select a closer location. If you have a smaller business and have less or an equal amount to offer mover farther away. Try comparing the two business to each other. Think of your pro's and con's.

4 0

3 years ago

Maxwell Communications paid a dividend of $1.35 last year. Over the next 12 months, the dividend is expected to grow at 11 perce

PilotLPTM [1.2K]

Answer:

Current dividend paid (Do) = $1.35

Growth rate (g) = 11% = 0.11

Cost of equity (ke) = 24% = 0.24

Po = Do(1 + g)

Ke - g

Po = $1.35(1 + 0.11)

0.24 - 0.11

Po = $1.4985

0.13

Po = $11.53

Explanation:

The current market price of the stock is a function of current dividend paid, subject to growth rate, divided by the current market price of the stock.

4 0

3 years ago

Approach Company, which applies overhead to production on the basis of machine hours, reported the following data for the period

FinnZ [79.3K]

Answer:

$11,000 unfavorable

Explanation:

Calculation to determine the company's fixed-overhead volume variance would be:

Actual fixed overhead incurred ($791,000)

Less Budgeted fixed overhead ($780,000)

Fixed-overhead volume variance $11,000 unfavorable

Therefore the company's fixed-overhead volume variance would be: $11,000 unfavorable

4 0

3 years ago

if Germany exports $100,000 of sauerkraut to Jamaica and purchases $100,000 of Blue Mountain Coffee from Jamaica Germany has a

sukhopar [10]

Neither a favorable nor an unfavorable balance of trade with Jamaica.

5 0

3 years ago