Elements that help create brand equity include all of the following except brand
a. quality.
b. associations.
c. loyalty.
d. recognition.
e. awareness.
Answers
The correct answer is e. awareness.
Explanation
Elements that help create brand equity include brand quality, associations, loyalty, and recognition. These elements contribute to building a strong brand image and reputation, which in turn can increase customer loyalty and trust, and ultimately lead to greater brand equity. However, simply having brand awareness does not necessarily equate to having strong brand equity. Making people aware of a problem or situation is known as awareness raising. You wish to raise awareness of a certain subject or problem within a neighborhood. Making people aware of the significance of a certain issue and helping them discover resources to address it are the objectives.
What is the best definition of quality?
A product or service's quality is the sum of all the features and qualities that have an impact on how well it can meet certain needs. According to the American Society for Quality, quality is an innate or distinguishing characteristic, a standard or grade of excellence.
What does the association mean?
A collection of people who are organized in varied degrees of formality and who have common interests or a common purpose is called an association. Compare corporation.
What does loyalty actually mean?
Generally speaking, loyalty refers to a person's devotion or emotion of attachment to a certain thing, which could be another person or group of people, an ideal, a responsibility, or a cause.
What is the meaning of recognition?
Recognition, the act of recognizing, the state of being acknowledged, etc. Particularly: a formal acknowledgment of the political existence of a government or country; knowledge or the impression that something or someone present has been encountered previously; special care or attention.
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Related Questions
You work as the sales manager for a company that sells paper supplies to businesses of all sizes. Because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on all paper supplies from the manufacturers. When reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. When you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?
Answers
Answer:
Controling.
Explanation:
Analyzing the above scenario, it is possible to identify that the process of determining the reason for the higher costs and taking measures to reduce those costs is part of an organization's control management process.
It is essential that each company has a well-established control management system, as a way of positively influencing employees in the company and ensuring that all strategic activities and actions are carried out as planned to achieve organizational objectives and goals.
An effective management control process ensures that companies operate more effectively, improving organizational resource management processes, reducing costs and making management more structured and effective so that a company remains competitive and profitable in the market.
The entry to record the amortization of a premium on bonds payable on an interest payment date would Group of answer choices a debit to Premium on Bonds Payable and a credit to Interest Revenue a debit to Interest Expense and a credit to Premium on Bond Payable a debit to Interest Expense and Premium on Bonds Payable and a credit to Cash a debit to Bonds Payable and a credit to Interest Expense
Answers
Answer:
a debit to interest expense and premium on bonds payable and a credit to cash
Explanation:
Based on the information given The Appropriate journal entry to record the AMORTIZATION OF A PREMIUM ON BONDS PAYABLE ON AN INTEREST PAYMENT DATE will include: a DEBIT TO INTEREST EXPENSE and PREMIUM ON BONDS PAYABLE and a CREDIT TO CASH
Debit Interest expense
Debit Premium on bonds payable
Credit cash
(To record the amortization of premium on bonds payable on an interest payment date)
Assessment Questions
In What is Insurance
b Explain the following term in
Insure
premium
Answers
Explanation:
insurance is an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
premium an agreed payment for insurance
insure to protect something against unforseen risks like fire death etc.
Answer:
dch gang from BJP by v for Vendetta the intended recipient you are not the intended recipient you are not the intended recipient you are
Read this excerpt from a company’s conflict resolution policy:
The conflict resolution policy ensures that employees in a dispute can reach a peaceful resolution. This policy applies to all permanent employees of the company. Employees who are in a dispute must first have a face-to-face discussion with each other, under the supervision of the manager or department leader. If the manager is unable to resolve the dispute, a human resources representative will arrange a session with the involved parties. If the dispute is still unresolved, the company will create a review panel to evaluate the situation and determine what steps to take.
Which statement best summarizes the main idea of the policy?
A.
Employees who enter into disagreements with coworkers or managers can approach human resources representatives to arrange a face-to-face discussion or a review panel.
B.
If the employees of the company have a disagreement, they can ask their supervisors to arrange a session with a human resources representative.
C.
The company’s conflict resolution policy helps employees understand how the company will review their actions if they have a disagreement with coworkers or supervisors.
D.
The company’s conflict resolution policy helps employees resolve disagreements by offering face-to-face discussions, sessions supervised by a human resources representative, and review panels.
E.
The company’s conflict resolution policy discourages permanent employees from getting into conflicts in the workplace by establishing rules about the resolution process.
Answers
The statement that best summarizes the main idea of the policy is that C. The company’s conflict resolution policy helps employees understand how the company will review their actions if they have a disagreement with coworkers or supervisors.
How to explain the information?The conflict resolution policy makes sure that workers can settle a disagreement amicably. All of the company's full-time employees are covered by this policy. Employees in conflict must first speak to each other face-to-face while being supervised by the manager or department head.
A human resources agent will schedule a meeting with the parties involved if the manager is unable to settle the conflict. The business will set up a review panel to assess the matter and decide what to do if the dispute is still unresolved.
Therefore, the company’s conflict resolution policy helps employees understand how the company will review their actions if they have a disagreement with coworkers or supervisors.
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A quality of all specialized budgets is that they are
Answers
Answer:
Interrelated.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.
The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
A specialized budget can be defined as a financial plan that is typically focused on specific assets or activity of a master (comprehensive) budget.
A quality of all specialized budgets is that they are interrelated because they are subcomponents of the master budget generated by individual departments.
Drag the tiles to the correct boxes to complete the pairs.
Match the different resources to the scenarios where they are used.
natural resources
human resources
man-made resources
entrepreneurship
A power plant uses an Industrialdesign power generator to generate large-scale
electricity for the neighborhood.
A power plant uses coal to heat water and then converts it into steam, which
then turns the turbines.
>
A power plant is set up by a group of industrialists as they come together to
solve the power crisis in their nelghborhood.
A power plant employs local workers who work in shifts to keep the plant
running for most of the day.
Answers
Answer:
1. Man-made
2. natural resources
3. entrepreneurship
4. Human resources
Explanation:
Natural resources are those which are present in the environment and are limited in number.
The man-made resources are those where a power generator is used to initiate the electricity on large scale.The natural resources are those where the water is heated from coal and then converting it to steam for running the turbines.The entrepreneurship is represented when the industrialists come together to solve the power crisis of their own neighborhood.The human resources are those where the workers are working in shifts to keep their plants in running condition.Therefore, the given resources are matched with the scenarios in which they are used.
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What do you have to do to become a pet sitter?
Answers
Answer:
be reliable trust worthy responsible have some people that can refer you to someone put in a good word for you
Explanation:
Fill in the table for a perfectly competitive firm
Answers
The table for a perfectly competitive firm is given below:
How to solveWorking notes:
(1) Fixed cost is TC when Q (output) = 0, so FC = TC(Q = 0) = 100
(2) VC = TC - FC [TC = VC + FC]
(3) AVC = VC / Q [VC = Q x AVC]
(4) AFC = FC / Q = 100 / Q
(5) ATC = TC / Q [TC = ATC x Q] = AFC + AVC
(6) MC = Change in TC / Change in Q
(7) TR = P x Q = 50 x Q
(8) Profit = TR - TC
Therefore:
Q VC TC = VC + 100 AVC AFC = 100/Q ATC MC P TR Profit
0 0.0 100.0 50.0 0.0 -100.0
1 25.0 125.0 25.0 100.0 125.0 25.0 50.0 50.0 -75.0
2 45.0 145.0 22.5 50.0 72.5 20.0 50.0 100.0 -45.0
3 59.9 159.9 20.0 33.3 53.3 14.9 50.0 150.0 -9.9
4 70.0 170.0 17.5 25.0 42.5 10.1 50.0 200.0 30.0
5 90.0 190.0 18.0 20.0 38.0 20.0 50.0 250.0 60.0
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Which benefit is shared by both Monopolies and Oligopolies?
A. They drive down prices by competing for the same customers.
B. They are highly regulated by the government groups that control them.
C. They have Access to enough capital to operate in high-cost industries.
D. They provide consumers with a wide range of choices for products.
APEX
Answers
Answer:
C. They have Access to enough capital to operate in high-cost industries.
Explanation:
Both monopolies and oligopolies have some common traits, and one of the most important ones is that they all have a large market power. Their power comes from high entry barriers to the industries in which operate in. Generally these industries are high-cost industries, e.g. it costs billions to build the electric grid of a large city. These high entry barriers decrease or virtually eliminate the possibility of competition.
Answer: They can Harm Consumers by fixing prices.
Explanation:
Just took the quiz on A_pex :) It may not be one of his choices but it could be yours :) Hope this helps, mark it the brainliest pls !
What amount of the contribution will be subject to the 6% penalty levied on excess contributions
if a 57-year-old investor earning $26,000 contributes $6,500 to an IRA for the year 2021?
Answers
For the year 2021, the maximum contribution limit for an IRA (Individual Retirement Account) for individuals aged 50 and older is $7,000. Any contributions made in excess of this limit may be subject to a penalty.
In the given scenario, the investor, who is 57 years old and earning $26,000, contributes $6,500 to an IRA. Since the maximum contribution limit for their age group is $7,000, their contribution is within the limit and not considered an excess contribution. Therefore, no amount of the contribution would be subject to the 6% penalty for excess contributions.
It's important for individuals to be aware of the annual contribution limits set by the IRS for retirement accounts and ensure that their contributions fall within those limits to avoid potential penalties and complications.
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how long does it take for tax refund to show in bank account after approved
Answers
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
the economic production lot size model is appropriate when? A. ordering cost is equivalent to the production setup cost. B. demand exceeds the production rate C. there is a constant supply rate for every period without pause D. all the above are correct
Answers
The economic production lot size model is appropriate when all of the following conditions are met: The correct answer is D
A. Ordering cost is equivalent to the production setup cost.
B. Demand does not exceed the production rate.
C. There is a constant supply rate for every period without pause.
The economic production lot size model is used to determine the optimal production quantity for a manufacturing process.
The model takes into account the setup costs involved in starting production, the holding costs associated with maintaining inventory, and the demand for the product. By minimizing the total cost of production and inventory, the model helps to ensure that the production process is efficient and cost-effective.
In order for the economic production lot size model to be appropriate, it is important that the ordering cost is equivalent to the production setup cost. This means that the cost of ordering raw materials and the cost of setting up the production line are comparable.
Additionally, the demand for the product should not exceed the production rate, as this can result in excess inventory and increased holding costs. Finally, a constant supply rate for every period without pause is necessary to ensure that the production process is consistent and predictable.
The correct answer is D. All the above are correct.
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Enter Mia’s total profit/loss for the month may account in the box below
Answers
Add total fixed and total variable expenses to get total expense.
9,000 + 300 = 9,300
Total expense = 9,300
To get total profit/loss, less total expenses from total revenue.
Total revenue = 9,500
9,500 - 9,300 = 200
Total profit/loss = $200
Out of the choices provided above, it can be concluded to state that the total accounting profits for Mel for the month of May as per the financial statements given above will amount to a total of $200. Therefore, the option D holds true.
What is the significance of accounting profits?The accounting profits can be referred to or considered as the profits that lead to a total of surpluses of cash balances and reserves for a particular accounting period. If the amount is not in excess of the expenses, it expresses a condition of an accounting loss for the firm.
In the situation given above, Mel's revenues were $9500, but her expenses were $9000 fixed and $300 variable. So, the accounting profits will be $200, i.e., $9500-($9000+$300)
Therefore, the option D holds true and states regarding the significance of accounting profits.
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The missing options are added below for better reference.
A. -$200
b. $300
c. $500
d. $200
If the stock turnover rate for your industry is 3, how many months' worth of inventory should you keep in stock at all times? (a) 2. (b) 3, (c) 4,
(d) 9.
Answers
Answer:
2
Explanation:
A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss?
Answers
Assuming the owner has a policy with $60,000 coverage. The amount that the owner collect for his loss is $30,000.
Policy coverageIn order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.
And since house has a policy coverage of the amount of $60,000. Based on this the minimum requirement is 75 percent which mean that the policy will pay only 75 percent of the loss or $30,000.
Inconclusion the amount that the owner collect for his loss is $30,000.
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PLZ HELP ME!!!!!!
Which statement about credit card interest rates is TRUE?
A.) The more money you spend on purchases, the higher your interest rate will be
B.) A high interest rate means you'll pay MORE money total
C.) A high interst rate means you'll pay LESS money total
D.) Most credit cards do not charge any interest rate
Answers
Answer:
I think its A?
Explanation:
A (new) yacht was sold for 7.6 million euros (by the manufacturer). If COGS was 6.6 million euros, wha are the entries and in which accounts? Finished Goods Inventory and this is a and this is a Shareholders' Equity Sales Revenue which is a and (a) if the sale was in cash: Cash by and this is a Accounts Receivable and this is (b) if the sale was in "Net 30
∘
terms: Cash by and this is a
Answers
The journal access for the sale of the yacht could be:
Debit: Finished Goods Inventory - €6.6 million
Credit: Cost of Goods Sold - €6.6 million
Debit: Cash or Accounts Receivable - €7.6 million
Credit: Sales Revenue - €7.6 million.
If the sale of the yacht became in coins:
The journal entries would be as follows:
Debit: Finished Goods Inventory (Increase in fee of products bought) - €6.6 million
Credit: Cost of Goods Sold (Recognition of the cost of goods offered) - €6.6 million
Debit: Cash (Increase in cash) - €7.6 million
Credit: Sales Revenue (Recognition of revenue from the sale) - €7.6 million
If the sale of the yacht turned into "Net 30" phrases (credit sale):
The journal entries would be as follows:
Debit: Finished Goods Inventory (Increase in price of products offered) - €6.6 million
Credit: Cost of Goods Sold (Recognition of the value of goods sold) - €6.6 million
Debit: Accounts Receivable (Increase in accounts receivable) - €7.6 million
Credit: Sales Revenue (Recognition of revenue from the sale) - €7.6 million
Please word that the Shareholders' Equity account isn't always at once laid low with the sale transaction. It represents the residual interest inside the assets of the organization after deducting liabilities.
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The correct question is:
"A (new) yacht was sold for 7.6 million euros (by the manufacturer). If COGS was 6.6 million euros, what are the entries, and in which accounts? Finished Goods Inventory by and this is a + COGS → by and this is a Shareholders' Equity Sales Revenue by which is a . and (ay if the sale was in cash: Cash by and this is an Accounts Receivable and this is (b) if the sale was in "Net 30terms! what will be Cash Accounts Receivable?"
what do you pore first the cereal or the milk? True or false.
Answers
On a visit to sea spectacular, an outdoor aquarium, your nephew notices that each time a dolphin performs a trick it is rewarded with a fish. you have read the brochure that explains that the dolphins are trained this way to ensure that they will continue to perform the tricks for several performances each day. this is an example of:
Answers
Answer:
operant conditioning
Explanation:
Operant conditioning is a technique used to train animals or even influence human behavior based on a system of rewards and punishments. It was developed by B.F. Skinner during the first half of the 20th century. He successfully trained lab animals and even conducted experiments on human beings (little children). The key to operant conditioning is that the subject associates certain behaviors to specific rewards or punishments.
The Uniform Commercial Code has been adopted by: a. Approximately half of the states. B. Most of the states in the North, East, and West. C. A few states. D. All of the states in whole or in part. 2. The Uniform Commercial Code (UCC) views a sale of goods as: a. A series of smaller transactions, which may be separately addressed. B. A complex arrangement where parties must be separated and interests identified. C. A single, multifaceted legal occurrence. 3. Article 2 of the UCC governs Select
Answers
The correct answers are D) All of the states in whole or in part and c) A single, multifaceted legal occurrence
The correct options are:
D. All of the states in whole or in part.
The Uniform Commercial Code (UCC) has been adopted by all of the states in the United States, either in its entirety or with some modifications. The UCC provides a standardized set of rules and regulations for commercial transactions, including the sale of goods.
C. A single, multifaceted legal occurrence.
The UCC views a sale of goods as a single, multifaceted legal occurrence rather than a series of smaller transactions. This means that the UCC treats the sale of goods as a unified event, encompassing various aspects such as offer, acceptance, consideration, and performance.
Article 2 of the UCC governs the sale of goods.
Article 2 of the UCC specifically governs the sale of goods. It provides rules and guidelines related to contracts for the sale of goods, including their formation, performance, warranties, and remedies. Article 2 is applicable to transactions involving the sale of tangible, movable items, but it does not cover real estate, services, or intangible assets.
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on may 1, there were 4 inventory items that cost $30 each. on may 5, 2 items were purchased for $35 each. given one item from the beginning inventory and one from the may 5 inventory were sold, under the inventory method, cost of goods sold would equal $75.
Answers
Based on the specific identification inventory method, the cost of goods sold would equal $65 ($30 + $35) and not $75 as indicated in the question.
Specific identification is an inventory costing method that tracks the cost of goods to the exact items that are sold. This method is used where it is possible to track sold items individually, especially when the sold items are separately identifiable.
Specific identification is just one method in inventory costing. Others are Last-in, First-out (LIFO), First-in, First-out (FIFO), and Weighted-Average Cost Methods.
Thus, the inventory method that will produce the cost of goods sold under this scenario is the specific identification method.
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It is 1 July 2022 . Fansifist Sdn Bhd manufactures and sells a variety of food for
dogs and cats. Your firm, Kiran & Co Chartered Accountants, has audited the
company for a number of years. You are about to commence the final audit for
the year ended 31 March 2022 and the draft financial statements show profit
before tax of RM23.1m and total assets of RM99.2m.
Fansifist Sdn Bhd launched a new brand of grain free dog food, Polobalancing
Dog, in December 20X4 but sales have been lower than expected and the
directors are considering a discounted sales price. Polobalancing Dog products
are valued using standard costing method and the standard cost comprises raw
materials, labour costs and production overheads. As at 31 March 2022 ,
Polobalancing Dog products with a standard cost of RM2.4m were included as
finished goods in inventory.
One of Fansifist's major customers, Petcare Sdn Bhd , operates a chain of pet
stores with 23 stores across the country.
There have been reports in the press for several months that Petcare Sdn Bhd 's
sales and profits have been falling and, in March 2022 , Petcare Sdn Bhd
announced that 11 of its stores were to close in May 2022 . As at 31 March 2022
, Fansifist Co's trade receivables included RM2.6m outstanding from Petcare
Sdn Bhd and no allowance has been included for this balance at the year end.
On 25 February 2022 , it was discovered that a batch of canned cat food had
been contaminated with insecticide, which could be harmful to cats. This batch
had been dispatched in November 20X4 to 247 retail stores. By 31 March 2022 ,
Fansifist Sdn Bhd had received legal claims totalling RM1.9m from consumers
whose cats had eaten the contaminated food.
Describe any 3 (three) substantive procedures the auditor should perform to obtain sufficient and appropriate audit evidence in relation to the legal claims following the contamination.
Answers
The auditor should ensure that the claims have been recorded and disclosed accurately and completely in the financial statements.
The three substantive procedures the auditor should perform to obtain sufficient and appropriate audit evidence in relation to the legal claims following the contamination are as follows:1. Confirmation with the legal counsel: The auditor should contact Fansifist Sdn Bhd’s legal counsel to receive a detailed report on the nature of the legal claims filed by consumers whose cats have consumed the contaminated food. The auditor should confirm the likelihood of the liability resulting from the legal claims, the probability of the court’s decision, and the estimated amount of the liability.
2. Scrutiny of legal invoices: The auditor should examine the legal invoices received by Fansifist Sdn Bhd from the legal counsel hired to handle the legal claims. The auditor should determine if the legal expenses are reasonable in nature and there are no expenses which have been misclassified.3. Analytical review: The auditor should analyze the legal claims based on their nature and extent. The auditor should compare the legal claims to prior years to determine if the nature and amount of the legal claims are in line with prior years. Furthermore, the auditor should ensure that the claims have been recorded and disclosed accurately and completely in the financial statements.
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Suppose a nation's inflation rate is 5.8 percent from Year 1 to year 2. IF the CPI in year 2 is 200 what was the CPI in year 1?A. 190B. 189C. 208D. 180
Answers
The CPI in Year 1 would be approximately 189. Hence, the correct answer is B. 189.
To calculate the CPI in Year 1, we need to account for the inflation rate. The formula for calculating the CPI is:
CPI = (Cost of Basket in Current Year / Cost of Basket in Base Year) x 100
Since the inflation rate is given as 5.8 percent from Year 1 to Year 2, we can assume that Year 2 is the current year, and Year 1 is the base year.
Let's denote the CPI in Year 1 as X:
(200 / X) x 100 = 105.8
Simplifying the equation:
20000 / X = 105.8
X = 200 / 1.058
X ≈ 189.08
Therefore, the CPI in Year 1 would be approximately 189. Hence, the correct answer is B. 189.
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Hasty Manufacturing orders 86,000 annually. They order 6 times a year. They hold 6,468 units in safety stock. The minimum number of units Hasty Manufacturing holds throughout the year is:__________
Answers
Answer:
6,468 units
Explanation:
Based on the information given we were told that the Manufacturing company orders 86,000 per year which they order 6 times a year which means that if the manufacturing company HOLD 6,468 units in safety stock. The MINIMUM number of units the Manufacturing company will HOLDS throughout the year is:6,468 units which was HOLD in Safety stock.
what is greater 135 inches or 11 feet?
Answers
the answer is 11 feet
please rate 5 stars
if the government creates a price control of $1.00 and this price control prevents the market from reaching equilibrium, then the government has created a:
Answers
In order to make goods and services more accessible to consumers, governments impose price control, which sets minimums (floors) and maximums (ceilings) for their pricing. Price regulation is the practice of the government.
Other regulatory body determining the "price" of a good or service with the intention of safeguarding the "producers" or the "consumers." The issue of 'overproduction' or 'underproduction' results from a departure from the equilibrium price. A surplus will occur from a price cap above the level of the competitive equilibrium price. A shortage will occur if the price cap is lower than the price of competitive equilibrium.
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A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
Answers
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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You are thinking of opening a gardening business during the summer — you will cut, weed, rake, and water lawns. a. What market structure would you be competing in? b. Describe your pricing strategy using the term "elasticity of demand."
Answers
If you open a gardening business providing services such as lawn cutting, weeding, raking, and watering, you would likely be competing in a monopolistic competition market structure.
Your pricing strategy would be influenced by the elasticity of demand. Elasticity of demand refers to how sensitive the demand for a product or service is to changes in its price. In the context of your gardening business, if the demand for your services is elastic, it means that customers are highly responsive to changes in price. In this case, you would need to consider the price elasticity of demand to set your prices strategically.
For example, if the demand for your gardening services is price elastic, a small increase in price might result in a significant decrease in demand. In this scenario, you might need to price your services competitively to attract customers and maintain a steady demand. On the other hand, if the demand is price inelastic, customers are less sensitive to price changes, and you may have more flexibility in setting higher prices without a significant decline in demand.
Understanding the elasticity of demand can help you determine the optimal pricing strategy for your gardening business, taking into account market competition and customer responsiveness to price changes.
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What example best describes the market structure of monopolistic
competition?
A. A farmers market features multiple stalls where farmers sell their
apples.
B. Several different restaurants compete for customers in a city
neighborhood.
C. A large company makes over half of the trains built in the country.
D. A city government owns and operates all waste management
services.
Answers
The answer choice which best represents an example of a monopolistic competition is; Choice B; Several different restaurants compete for customers in a city neighborhood.
What is Monopolistic competition?Monopolistic competition as the name implies is a type of imperfect competition characterized by the fact that there are many producers competing against each other, although selling products that are differentiated from one another and hence are not perfect substitutes.
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Answer:
b
Explanation:
Give very short answers to the following questions:
1. What do you know about an office ?
2.
What does chalani mean?
3. What does darta mean?
4 How can you say that office is an information centre ?
Answers
Answer:
1-place where any formal operations are done
2-chalani means to make somebody pay fine
3-darta refers to listing of something as name (registration )
4-office is an information center as all records are kept in a office that is related to any business