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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

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2 The link that distributes a product from a supplier to the consumer is afn)
Kaylis [27]

Answer:

A. supply chain

Explanation:

The supply chain is the entire system that a manufacturer uses to deliver finished products to the intended consumers. The supply chains start from sourcing materials to the processing and distribution of finished goods to final consumers.  The supply chain managers manage the supply chain process.

The supply chain system consists of the manufacturer and some independent entities such as distributors, wholesalers, warehousing service providers, transporters, and retailers.

7 0
2 years ago
What is a co-operative risk sharing plan
finlep [7]
The co-operative risk sharing plan is that the person who you are working with can go "out" from the co-operative plan and share with another persons your plan.
3 0
3 years ago
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production
madam [21]

Answer:

Equivalent units of production= 746,000 units

Explanation:

Giving the following information:

Units completed 620,000 100%

Ending Work in Process 180,000 70%

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 620,000 + (180,000*0.7)

Equivalent units of production= 746,000 units

7 0
3 years ago
If the Commerce Department adjusts the growth rate of GDP downward for the first quarter of 2016, and the Bureau of Labor Statis
wlad13 [49]

Answer:

Downward rate

Explanation:

The commerce department has adjusted the growth of GDP downward, and BLS has adjusted the labor working hours upward. The bureau of labor statistics has to report a downward trend in terms of growth of labor productivity for the first quarter of 2016. The downward trend in labor productivity growth will justify the decline in GDP growth.

4 0
3 years ago
Marissa owns an equestrian clothing store. After many customers complained that her clothing only fit petite riders, she decided
Yakvenalex [24]

Answer:

B) To remain competitive, companies must be prepared to add to or adapt their product lines to satisfy customer desires.

Explanation:

The fact that many consumers are complaining about the products that Marissa sold, means that her sales probably went down. When sales are down, any company is in big trouble.

In order to regain a competitive advantage, Marissa and other companies must be willing to offer the products or services that will satisfy their customers' needs.

About 100 years ago, companies sold what they produced and consumers' voices and needs were not important, but that was 100 years ago. Today, if you do not satisfy your consumers' needs and desires, you lose them immediately.

5 0
3 years ago
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