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2 years ago

Provide an example of a clothing store using “non-price” competition.

Business

1 answer:

Art [367]2 years ago

4 0

Answer:

Examples are such like loyalty programs, subsidized delivery, unique selling points, brand recognition, ethical and/or charitable concerns, after-sales service, positive feedback reviews, marketing campaigns and many more.

Explanation:

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On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21

il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000) $198,000

Goodwill Purchased (difference) $15,000

Cash (30% × $11,700) $3,510

To Investment in Mountain $3,510

(being cash is recorded)

Investment in Mountain (30% 17,700) $5,310

To Investment Revenue $5,310

(Being investment is recorded)

6 0

3 years ago

Which of the following is NOT included in the entry career pathway?

Galina-37 [17]

Job searching is not included in the entry career pathway. When you say entry career pathway, you need to consider what kind of career you are going to pursue. What kind of career will you be focusing on and be successful.

6 0

2 years ago

The monopolist, like the perfect competitor, will maximize profits at the output where marginal revenue equals marginal cost.

spayn [35]

When marginal profit turns negative, producing more output will decrease total profits. Total profit is maximized where marginal revenue equals marginal cost. In this example, maximum profit occurs at 4 units of output.

6 0

3 years ago

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horrorfan [7]

Answer:

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3 0

3 years ago

Which of the following conditions ensures that excess profits cannot persist in a perfectly competitive market over the long run

konstantin123 [22]

Answer:

Ease of entry into the market

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services.

In the long run, perfect competition make zero economic profit because if firms are making economic profits in the short run , new firms would enter into the industry in the long run. This is made possible because of the ease of entry into the market.

I hope my answer helps you

3 0

3 years ago