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ddd [48]
2 years ago
8

throughout the years, various beer companies have entered and exited the market. anheuser-busch in the 1960s had a little over 1

0% market share but has grown to about 50%. when anheuser-busch decides to change its prices on beer, the other beer manufacturers do the same. what type of competition-based pricing does this illustrate?
Business
2 answers:
Nesterboy [21]2 years ago
3 0

The type of competition-based pricing used by other beer manufacturer is the Price leadership type of competition-based pricing

Basically, the competition-based pricing refers to price decision-making by a firm which are majorly influenced by the price its dominant competitors of same product.

There are three type of competition-based pricing and includes Price leadership. Predatory pricing and Going-rate pricing.

The Price leadership is a type of competition-based pricing where setting of prices in a market by a dominant company are followed by others company in same market.

Therefore, the type of competition-based pricing used by other beer manufacturer is the Price leadership.

Learn more about this here

<em>brainly.com/question/6429008</em>

faust18 [17]2 years ago
3 0

Answer:

price leader/follower

Explanation:

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A characteristic of the market system is:A. Extensive use of direct methods of productionB. A focus on labor, as opposed to capi
riadik2000 [5.3K]

Answer: Option C

Explanation: In a market system, the suppliers are willing to produce those goods that have value to the consumers directly or indirectly. The focus is on maximizing output for achieving the economies of scale so that goods could be sold at a lower price, thus, increasing the sales.

Hence,the suppliers in case of market system use more of capital goods as they produce more output and relatively shortens the cost per piece.

Thus, the correct option is C.

5 0
3 years ago
A company had the following purchases and sales during its first year of operations: Purchases Sales January: 10 units at $120 6
Thepotemich [5.8K]

Answer:

Ending Inventory $ 3540

Explanation:

FIFO means first in first out. This rule applies to counting of the inventory in such a way that the units first purchased are sold out first. The following schedule has been prepared to arrive at the ending inventory at each date of sale .

Purchases                                   Sales                  Ending Inventory

January: 10 units at $120            6 units              4 units at $120

February: 20 units at $125         5 units                19 units at $125

May: 15 units at $130                   9 units               10  units at $125

                                                                               15  units at $130    

September: 12 units at $135       8 units              2  units at $125

                                                                            15  units at $130

                                                                             12 units at $135

November: 10 units at $140       13 units             4 units at $130

                                                                             12 units at $135

                                                                            10 units at $140

On December 31, there were 26 units remaining in ending inventory

Ending Inventory = $ 3540= $ 520 + $1620 + $1400

4 units at $130 = $ 520

12 units at $135 = $ 1620

 10 units at $140= $ 1400

6 0
3 years ago
Alexander Harrington is a black man with a law degree from one of the top law schools in the country. Under an affirmative actio
Inessa05 [86]

Answer:

a. Alex has a basis for a complaint of discrimination because his assignments can affect his career development and he is being treated differently from others who are similarly situated and not of his race.

Explanation:

Alex has a basis for complaint of race discrimination because he expected the firm to give him more challenging work than other first year associates who have less experience. This shows that he is being treated differently from others, and by not given him a more challenging work by the firm will affect his career development. So Alex basis to file a complaint of race discrimination with the Equal Employment Opportunity Commission was right.  

8 0
4 years ago
Fill in the missing amounts.
Vlad1618 [11]

Answer:

Explanation:

Monty Corp:

\text{Sales revenue - Net sales = Sales returns and allowance}

\text{Net sales - Cost of goods sold = Gross profit}

\text{Gross profit - Operating expenses = Net income}

Sunland company:

\text{Net sales + Sales return and allowance = Sales revenue}

\text{Net sales - Gross profit = Cost of goods sold}

\text{Gross profit - Net income = Operating expenses}

                                                 Monty Corp           Sunland Company

Sales revenue                         $92000                   $103200

Sales return and allowances   $6000                   $5200

Net sales                                  $86000                  $108000

Cost of goods sold                  $55900                   $66960

Gross profit                               $30100                   $41040

Operating expense                 $13760                      $19440            

Net income                                $16340                   $21600

5 0
3 years ago
Balance of payments is a ____ concept than balance of trade. a. broader b. more difficult c. nearly identical d. less difficult
Butoxors [25]

Answer:

A) broader

Explanation:

Balance of trade is simply the difference between the total amount of goods that a country exports minus the total amount of goods that the country imports.

While the balance of payments includes all the economic transactions that a country has with the rest of the world, including the balance or trade, balance of services, capital account, and total unilateral transfers.

3 0
3 years ago
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