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Alexxandr [17]
3 years ago
7

What happens when a single seller market develops into a competitive market?

Business
1 answer:
Luden [163]3 years ago
6 0

Answer:

Introduce new or better products to existing markets. Continue development on your existing products, like your bestsellers, in order to renew your commitment to current customers to the best of your abilities. Through product development, you can expect to outperform competitors and keep your customers happy. Explore Partnership Opportunities

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In recent years, the time spent on sales promotion has shifted. Today, about ________ percent of brand management time is spent
Vesnalui [34]

Answer:

Option C 30 Percent Time

Explanation:

Thirty percent of the management time is spent on marketing the products because the market is getting crowded with suppliers and getting sales has become difficult. Many firms focus more on marketing of its product because of tough competition and because of the differentiation that they are offering which the rival can not match.

5 0
3 years ago
What best describes reverse elasticity? a. rise in price triggers an increase in demand b. rise in demand results in an increase
murzikaleks [220]

Answer:

b. rise in demand results in an increase in price

Explanation:

Price elasticity of demand in economics measures the degree of the responsiveness of the quantity demanded of a good or service to increase in its price.

Therefore reverse elasticity will be the measure of the degree of responsiveness of price to changes in quantity demanded.

Therefore in the options given in the scenario, an increase in price resulting from a rise in demand is most likely the appropriate definition of a reverse elasticity

8 0
3 years ago
One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to A) provide updated information on thos
valkas [14]

Answer:

One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to

C) verify that the investment adviser still qualifies for SEC registration

Explanation:

Filing the annual Form ADV Part 1A gives the SEC and the state securities authorities information about the investment adviser's business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the adviser or its employees.  The form enables the SEC to register investment advisers and to obtain information from and about exempt reporting advisers.

3 0
3 years ago
What type of tax are sales tax and excise tax?
m_a_m_a [10]

Answer:

Indirect tax

Explanation:

Indirect tax are the types of tax that are collected by intermediaries or agents for the person that directly bears the burden on behalf of the government , and eventually remitted to the respective government account.

They are always charged and added to the price of a commodity under a relevant section on the invoice. In this category are sales tax excise tax, service tax and others

6 0
4 years ago
Which of the following is true concerning economic growth?
givi [52]

The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct

<h3>What is Economic growth?</h3>

Economic growth is used when a country performs better than the previous years in terms of it economy.

The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.

Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct

Learn more on economic growth below

brainly.com/question/1690575

#SPJ1

5 0
2 years ago
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