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The threat of direct competition tends to be high whenAnswers: there are few firms in an industry and these firms tend to be une

Natasha2012 [34]

Answer:

When firms are unable to differentiate their products

Explanation:

Direct competition is also known as perfect competition which occurs when two or more firms produce and sell the commodities that are not in anyway different. This makes the buyers not have preference for any of the product as the commodities are largely the same.

However, when firms can differentiate their products, they now more in perfect competition but now in indirect competition or monopolistically competitive market. Indirect competition therefore occurs when firms sell differentiated products which are not really the same because they are branded but these products can provide the same satisfaction to the need of the consumer.

Therefore, the threat of direct competition tends to be high when when firms are unable to differentiate their products.

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7 0

3 years ago

Hundred thousand million billion trillion quadrillion then what

Crank

Centillions I think is the answer

8 0

3 years ago

Bon Nebo Co. sold 25,000 annual subscriptions of Bjorn 20XX for $85 during December 2014. These new subscribers will receive mon

Crank

Answer:

Current Liabilities

Federal Income Taxes Payable $336,000

Advances on Magazine Subscriptions $1,593,750

Total Current Liabilities $1,929,750

Explanation:

Federal Income Taxes Payable

This is a current Liability as it falls under a period of a year. As March ends the first quarter, the quarterly tax is;

= 840,000 x 40%

= $336,000

Advances on Magazine Subscriptions

They are to deliver monthly subscriptions for 12 months to the tune of 25,000 copies which they have already been paid for. Under the Accrual system they cannot recognize this as revenue until they have fulfilled their obligation to deliver the magazines and until then, they are current Liabilities. As of end of March, they have fulfilled their obligations for 3 months leaving 9 in the year.

= 25,000 x $85 x 9/12

=$1,593,750

8 0

4 years ago

The cash records of Downs Company show the following.

Salsk061 [2.6K]

Answer:

A. $1,880

B. $2,040

C. $1,700

D. $1,600

Explanation:

A. Calculation to determine the deposits in transit at July 31

Deposit in transit at July 31 = $580 + $16,900 - $15,600

Deposit in transit at July 31 = $1,880

Therefore Deposit in transit at July 31 will be $1,880

B. Calculation to determine the outstanding checks at July 31

Outstanding check on July 31 = $940 + $17,500 - $16,400

Outstanding check on July 31 =$2,040

Therefore Outstanding check on July 31 wi be $2,040

C. Calculation to determine the deposits in transit at August 31

Deposit in transit on August 31 = $25,900 + $2,200 - $26,400

Deposits in transit at August 31= $1,700

Therefore Deposits in transit at August 31 will be $1,700

D. Calculation to determine the outstanding checks at August 31

Outstanding checks at August 31=$23,500+$2,100-$24,000

Outstanding checks at August 31=$1,600

Therefore Outstanding checks at August 31 will be $1,600

6 0

3 years ago

)Investors in international finance are moving funds from Country X to other countries. This depreciation is causing even more d

monitta

Answer:

The supply for the currency will be bigger while the demand for the currency will be lower causing the currency value to depreciate.

Explanation:

As current foreign investors move fund out of country X, they will have to exchange their invested fund denominated in country X's currency to another currency which will result in higher supply of Country X's currency in the market.

Fewer foreign investors also means the demand for exchanging foreign's fund for Country X's currency to further expand investment or to start a brand-new investment will be lower because these investor will keep its fund denominating in the currency of their investment destination.

The affects on both supply and demand of country X's currency will cause further depreciation of the currency.

6 0

4 years ago