1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irinina [24]
2 years ago
5

When companies like Uber and Lyft join the ride-share market, what would we most likely expect to see cab drivers do to their pr

ices
Business
1 answer:
Rainbow [258]2 years ago
6 0

We would most likely expect to see cab drivers reduce their prices.

<h3>Why would cab drivers reduce their prices?</h3>

When Uber and Lyft join the ride-share market, there would be an increase in the supply of cab drivers. As a result, the supply curve for cab drivers would shift to the bright. This would increase equilibrium quantity and reduce equilibrium price.

Please find attached a curve that depicts an increase in supply. To learn more about supply, please check: brainly.com/question/14727864

You might be interested in
True or false, outcome measures in evaluation research serve as the independent variables in the research question?
alexandr1967 [171]
The answer is true. Evaluation research  can be characterized as a kind of study that utilizations standard social research strategies for evaluative purposes, as a particular research procedure, and as an appraisal procedure that utilizes exceptional systems remarkable to the assessment of social projects.
8 0
3 years ago
An analysis of the competition suggests the average retail selling price of an electronic game is $89. The owner of a computer a
sukhopar [10]

Answer:

Yes, she should buy

Explanation:

The cost price of the electronic games is $55 per unit.

The selling price is $89 per unit.

The margin is dollar = selling price - cost price

=$89- $55

=$34

As a percentage, the margin will be

=34/55 x 100

=61.82%

If her normal margin is 35%, then the offer is good for her.

4 0
3 years ago
Sheffield Corporation exchanged 2750 shares of Pharoah Company common stock, which Sheffield was holding as an investment, for e
AveGali [126]

Answer: Please refer to Explanation

Explanation:

When recording Equipment here the value of the shares at current value should be used and not the cost of the equipment.

DR Equipment $162,250

CR Investment in Pharaoh Company $137,500

CR Gain on Exchange $24,750

(To record Exchange of shares for Equipment)

Workings.

Investment in Pharaoh Company.

= 2,750 shares * $50(purchase price)

= $137,500

Gain on Exchange

= 2,750 shares * (Market Price - Purchase Price)

= 2,750 shares * ( 59 - 50)

= $24,750

Equipment.

= Investment in Pharoah Company + Gain on Exchange

= 137,500 + 24,750

= $162,250

6 0
3 years ago
Best practice Performance Based Logistics (PBL) contracts often use some combination of carrots and stick strategies that are ti
ki77a [65]

Best practice Performance Based Logistics contracts often use some combination of "carrots and sticks" strategies that are tightly aligned, promoting behaviors and outcomes that benefit both customer and supplier -- -True

What are performance based logistics contracts?

Performance-Based Logistics (PBL) contracts provide services or sup- port where the provider is held to customer-oriented performance requirements. These contracts are not necessarily designed to save money, but rather to maintain or improve current system or platform performance in a cost constrained world.

How long are PBL contracts?

3 to 5 years

Effective PBL contracts are typically multi-year contracts (i.e., 3 to 5 years with additional option or award term years), with high confidence level for exercising options/award term years.

What is a product support arrangement?

The term “product support arrangement” means a contract, task order, or any type of other contractual arrangement, or any type of agreement or non-contractual arrangement within the Federal Government, for the performance of sustain ment or logistics support required for major weapon systems, subsystems, or components ...

Learn more about promoting behaviors :

brainly.com/question/23607813

#SPJ4

7 0
11 months ago
According to the philosopher Immanuel Kant, the right of employees to know the nature of the job they are being hired to do and
ale4655 [162]

Answer: Free consent

Explanation:

According to the given question, in an organization the employees has the rights for knowing the job nature and this scenario reflect the basic right of free consent.

 As, the free consent is basically refers to the legal term which is used for describing about the agreement between the two parties including all the terms and the conditions according to the section 13.

In the free consent agreement both the parties must be agree on all the conditions. Therefore, Free consent is the correct answer.

 

5 0
3 years ago
Other questions:
  • The key to building a network is to: a. be able to ask for favors. b. convince someone to do something that he or she may not or
    15·1 answer
  • Jorge was reprimanded for an accounting error by his boss in front of his co-workers. jorge gets home from his job and yells at
    6·1 answer
  • Sometimes compensation packages include bonuses designed to provide performance incentives to employees. The difficulty a bonus
    15·1 answer
  • Hutter corporation declared a $0.50 per share cash dividend on its common shares. the company has 37,000 shares authorized, 19,2
    14·1 answer
  • The current​ zero-coupon yield curve for​ risk-free bonds is as​ follows: Maturity ​(years) 1 2 3 4 5 YTM 4.99 % 5.53 % 5.73 % 5
    9·1 answer
  • Swan Textiles Inc. produces and sells a decorative pillow for $98.00 per unit. In the first month of operation, 2,200 units were
    14·1 answer
  • To influence performance and satisfaction of subordinates, it is not recommended that the leader reduce frustrating barriers to
    6·1 answer
  • How does Quickbooks online use smart learning?
    5·2 answers
  • mcgraw hill Question Mode Multiple Choice Question Upper-echelons theory views organizational outcomes as a reflection of the va
    8·1 answer
  • To evaluate _____, a systems analyst needs information about projected future volume for all outputs, inputs, and processes.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!