An example of a market where a Bertrand model would NOT be plausible is the market for A) pizza. B) sweaters. C) toothpicks. D) motorcycles.
Answers
Answer: D) Motorcycles. A perfect example of a market where a Bertrand model would not be applicable is the market for motorcycles. Motorcycle companies provide distinct, branded goods that are not the same, and they sell to people who are brand loyal.
The Bertrand model of competition, which is used in microeconomics, assumes that companies sell the same homogeneous commodity and compete with one another solely based on price. Furthermore, it assumes that customers are fully aware of the price charged by all businesses. Although the model has some advantages, there are a few instances where it is not suitable. Hence, in this situation, the market for motorcycle is not an ideal example for the Bertrand model.
The Bertrand model is a market equilibrium model in which there are two competing companies that offer identical goods. The model is characterized by price competition between companies that produce an identical or nearly identical product. It is distinguished from the Cournot model by the fact that businesses must choose a price rather than a quantity in this model.
The Bertrand model is used to understand the market price of identical goods, particularly if there are only two competitors in the market, and businesses have no control over their production costs. It is used when businesses provide homogenous goods, compete in the market with price, and consumers are fully aware of the prices provided by all competing businesses.Answer: D) Motorcycles. A perfect example of a market where a Bertrand model would not be applicable is the market for motorcycles. Motorcycle companies provide distinct, branded goods that are not the same, and they sell to people who are brand loyal. As a result, pricing is not the only determinant of consumer preference. While some consumers may be price-sensitive, other motorcycle buyers may be more concerned with characteristics such as top speed, handling, comfort, and styling. As a result, firms must engage in non-price competition to retain and attract customers.
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Related Questions
A restaurant that serves $1400 a day in meals to 140 customers with an average cost of goods sold per unit at $7.00.
What is the average unit of sale for this business?
Answers
Answer:
=$10
Explanation:
The average unit of sales will the total serves per day divided by the total number of customers.
= $1400/140
=$10
The average unit of sale is $10
Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the par value. II. The selling rate is above 100. III. It is sold by corporations, not by the government. A. I and II b. I only c. III only d. I, II, and III.
Answers
Answer:
Its A
Explanation:
I took the test
Answer:
A
Explanation:
edge
carl and laura receive $270 per month under a joint and two-thirds survivor life policy settlement option. what would happen if carl died within a year after payment started? a)laura would receive $180 per month for as long as she lived. b)the balance of the proceeds would be paid to laura in a lump sum. c)laura would continue to receive a monthly benefit of $270 for as long as she lived. d)laura would receive $135 per month for as long as she lived.
Answers
If Carl died within a year after the payment started, Laura would continue to receive the monthly benefit of $270 for as long as she live. So, correct option (c).
Under a joint and two-thirds survivor life policy settlement option, the insurance company pays a reduced monthly benefit to the surviving spouse upon the death of the policyholder. In this case, Carl and Laura are receiving $270 per month under this settlement option.
This is because the joint and two-thirds survivor life policy settlement option guarantees that the surviving spouse will receive a reduced monthly benefit for the remainder of their life after the policyholder dies.
Option (a) is incorrect because the monthly benefit for Laura would not be reduced if Carl died within a year after payment started. Option (b) is incorrect because the balance of the proceeds would not be paid to Laura in a lump sum under this settlement option.
Option (d) is incorrect because the reduction factor for a joint and two-thirds survivor life policy settlement option is two-thirds, not one-half.
So, correct option is (c).
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If country A has a comparative advantage in the production of good X over country B, then:_________.
i. country A should not trade with country B.
ii. the domestic opportunity cost of producing X in country A is higher than in country B.
iii. the domestic opportunity cost of producing X in country A is lower than in country B.
iv. the domestic opportunity cost of producing X in country A is higher or lower than in country B.
Answers
Answer:
i believe your answer is option c. correc me if im wrong
Explanation:
It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to be followed in case of service failure b) Identifying failure-prone areas can be enabled by a service blueprint technique c) Obtaining feedback from the customers and continuous review of service delivery d) Defining and incorporating service standards and explicitly communicating them to the customers e) Empowerment enabled through training and other HR practices List them in the right order.
Answers
Answer is in a file below
cutt.us/tWGpn
as part of a team you are assigned to create appointment to report one of your asses to put people together and another team sent them to you you already have the title page summary and introduction in the place next you should put the A.table of contents B.appendices C.main body D.conclusion and recommendation
Answers
Answer: C.
Explanation:
An S corporation had the following income and expenses: Sales $240,000 Rent expense 25,000 Business meals 5,000 Interest income 1,500 Contributions to qualifying charities 600 IRC Section 179 expense 3,000 Depreciation expense 1,800 What would be reported as ordinary income on the corporation's income tax return
Answers
The amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
Sales $240,000
Less: Rent expense ($25,000)
Less: 50% Entertainment expense ($2,500)
Depreciation ($1,800)
Ordinary income $210,700
Ordinary income involved the sales amount, rent expense, 50% of entertainment expense, and the depreciation expense
Therefore, we can conclude that the amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
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after you finish giving a presentation, an audience member asks your team for additional information on your topic. your coworker is answering the question thoroughly, but you notice that the rest of your audience has tuned out. how can you re-engage your audience? select all that apply.
Answers
You might change to a different question or ask a new question of your audience if you notice that they are losing interest.
Describe Presentation.A presentation is how a speaker communicates information to an audience. A presentation's typical goals include informing, persuading, inspiring, motivating, creating goodwill, or presenting a novel concept or service. Speeches, opening statements, lectures, and demonstrations can all be included in presentations. For presentations, preparation, planning, organization, writing, the use of visual aids, stress management, and question-answering are frequently required. Presentations are widely used in tertiary job settings, like when accountants give a corporation's detailed financial report. An interactive presentation has the advantage of capturing more audience attention and encouraging audience engagement, which promotes a sense of community.
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McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. The balance in Accounts Receivable was $800,000 at 1/1 and $960,000 at 12/31. At 12/31/17, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/17
Answers
Answer:
$48,000
Explanation:
The computation of the amount that should be reported as its allowance for doubtful accounts is shown below
= Ending balance of account receivable × uncollectible percentage
= $960,000 × 0.05
= $48,000
hence, the amount that should be reported as its allowance for doubtful accounts is $48,000
The above formula should be applied
Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answers
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
the allowance for doubtful accounts is: multiple choice question. an estimate that represents the amount of accounts receivable a company expects to collect. the net realizable value of receivables plus the balance in accounts receivable. an estimate that represents the amount of accounts receivable a company expects to be uncollectible. the net realizable value of receivables minus the balance in accounts receivable.
Answers
The allowance for doubtful accounts is an estimate that represents the amount of accounts receivable a company expects to be uncollectible. Option C is correct.
The allowance for doubtful accounts is a contra-asset account that is used to reduce the value of accounts receivable to their net realizable value. It is based on an estimate of the portion of accounts receivable that are expected to be uncollectible. This estimate is typically made by management based on historical data, industry trends, and other factors that may impact the collectability of accounts receivable.
By recording an allowance for doubtful accounts, the company is able to more accurately reflect the true value of its accounts receivable on its balance sheet. This helps investors and creditors make more informed decisions about the company's financial health and ability to generate cash.
Option C holds true.
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In the United States, data all about economic activity is categorized into a hierarchical set of six-digit NAICS codes. What does NAICS stand for?
Answers
In the United States, all information pertaining to economic activity is organized into a hierarchy of six-digit NAICS codes. Known as the North American Industrial Classification System (NAICS),
What does the NAICS code mean?American National Standards Institute. For gathering, analyzing, and disseminating statistical information on the US economy, federal agencies use the North American Industrial Classification System (NAICS) to categorize enterprises.
What are the five-digit NAICS codes?Most NAICS sectors in the United States, Mexico, and Canada have codes and meanings that are comparable at the level of the five-digit NAICS code. The six-digit level enables country-specific information. Six numbers make up a complete and legitimate NAICS code.
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Which idea is an important element of the U.S. free enterprise system?
A. One company should be allowed to control an entire industry.
B. People should be allowed to freely buy and sell goods.
C. The government should play a major role in the economy.
D. Businesses should focus on the common good rather than on profits.
Answers
Answer:
B. People should be allowed to freely buy and sell goods.
Explanation:
When you plan a presentation, how should you make sure you stay on track as you talk?
A. Make a list of general topics and points you want to cover.
B. Write out every word of the presentation on notecards.
C. Memorize every word of the presentation in your head.
D. Have the audience tell you what else you need to talk about.
Answers
Answer:
A make a list
Explanation:
Answer:
It's A. Make a list of general topics and points you want to cover.
Explanation: hope it helps ^w^
Explain the importance of team dynamics (plz help)
Answers
Team dynamics in the workplace are important because they impact creativity, productivity and effectiveness. Since group work is integral to organisations, improving group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.
Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities.
Answers
Bank assets tend to have longer maturities and lower liquidity than/as bank liabilities. Therefore, the correct answer option is: B. longer; lower.
What is banker's acceptance?In Economics, banker's acceptance can be defined as a type of financial instrument that is used for representing a promised future payment by a bank, rather than an individual accountholder.
What is liability?In Financial accounting, liability can be defined as the amount of money that is being owed by an individual or business organization (company or firm) to another.
This ultimately implies that, liability is a debt that an individual or business organization owe and as such, it usually has "payable" in its account title on a financial statement.
In conclusion, a bank asset has longer maturity period and lower (shorter) liquidity in comparison with bank liabilities.
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Complete Question:
Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities.
shorter; lower
longer; lower
shorter; greater
longer; greater
equal; equal
Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt. This business uses
Answers
In the given case where Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt. This business uses a crowdsourcing technique.
Crowdsourcing is the process of gathering data, viewpoints, or creative output from a large number of individuals, typically online.
Through the use of crowdsourcing, businesses may access individuals with a variety of skills and viewpoints from around the world while also saving time and money.
Crowdfunding, in contrast to crowdsourcing, is used to raise money to help individuals, nonprofit organizations, or start-up businesses.
Cost reductions, speed, and the opportunity to collaborate with people who possess abilities that an internal team might lack are all benefits of crowdsourcing.
Hence, This business uses a crowdsourcing technique.
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You are starting a shopping service for elderly people in your community who cannot leave their homes. Write a mission statement that clearly communicates the purpose of your business.
Answers
To write a mission statement about starting a shopping service for elderly people in your community, begin writing what your company does. In this case, start with "My company's purpose is to start a shopping service for elderly people in my community (name of your community)."
Then follow up by describing how your business plan to operate its services.
Here, you can state that "My company's purpose is to provide shopping services that allow all elderly people to experience easy and comfortable life."
Thus continue by adding the reason your company operates its services.
Finally, your mission statement can look like this:
At Brainly (name of your company), we provide shopping services to make elderly people experience an easy and comfortable life.
Hence, in this case, it is concluded that a mission statement should have the purpose, values, and goals of the company.
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An S corporation does not recognize a loss when distributing assets that are worth less than their basis. a) True b) False.
Answers
b) False. An S corporation does recognize a loss when distributing assets that are worth less than their basis.
When an S corporation distributes assets with a fair market value lower than their adjusted basis, it results in a loss for the corporation. This loss can be recognized and used to offset other income or gains of the S corporation, reducing its taxable income. It is important to note that shareholders of the S corporation may have limitations on deducting the loss on their personal tax returns. Loss refers to a financial outcome where the expenses or costs incurred by an individual, business, or entity exceed the revenue or income generated. It represents a negative result in terms of financial performance. Losses can occur in various contexts, such as in business operations, investments, or personal finances. In business, losses can result from factors such as low sales, high expenses, inefficient operations, or unfavorable market conditions. They can impact profitability and financial stability, and businesses often aim to minimize or mitigate losses through strategic planning, cost control, and risk management.
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How many days does the pay stub cover?
Answers
Answer:
Pay stubs are usually an extent of 30 days which is a month.
A diagram shaped like a pyramid with 4 levels. From top to bottom, these are labeled gemstones, collectibles; real estate, individual stocks; stock funds, corporate bonds, U S government bonds; C D's, money market accounts, savings accounts, cash. At left, an arrow points up the pyramid. At right, an arrow points down the pyramid. Based on the diagram above, which investment involves the greatest degree of risk?A.real estateB.collectiblesC.corporate bondsD.certificates of deposit
Answers
Answer:
Based on the pyramid diagram, the investment involving the greatest degree of risk is, Option B. Collectibles, which is on the second level from the top of the pyramid. This is because collectibles are often unique and may not have a reliable market value. Additionally, the value of collectibles can be greatly affected by subjective factors such as popular trends, condition, and rarity.
Explanation:
Answer:
Based on the pyramid diagram, the investment involving the greatest degree of risk is, Option B. Collectibles, which is on the second level from the top of the pyramid. This is because collectibles are often unique and may not have a reliable market value. Additionally, the value of collectibles can be greatly affected by subjective factors such as popular trends, condition, and rarity.
Explanation:
What is a loan?
I put:
A loan is when you borrow money temporarily from someone with the promise of paying it all back.
and got 100%
Answers
Answer:
see below
Explanation:
A loan is when one party receives money from another and promises to pay it back with interest. A person, firm, or country will seek a loan from a lender with a promise to repay within a specified period and with interest. The interest paid becomes the cost of the loan.
Taking is a loan is similar to borrowing money. The loan amount is equivalent to the amount borrowed.
Which is a benefit of collaboration and teamwork?
A.It expands your social network and creates new connections.
B.It makes it more difficult to leave your current job.
C.It makes it easier to do your job since you can have other people do it.
D.It requires more work since you have to explain so much to other people.
Answers
Answer:
The Awnser Is A
Explanation:
It's the Best Awnser
20 POINTS please answer quick!
Why do you think that most careers in the Education and Training cluster require a college degree of some sort? Explain in detail.
Answers
Answer:
There are different kind of careers that one can pursue in life; in order to choose a particular career, one has to consider some important factors.
Explanation:
Type of energy classified as solids
Answers
In a solid, particles are packed tightly together so they don't move much. The electrons of each atom are constantly in motion, so the atoms have a small vibration, but they are fixed in their position. Because of this, particles in a solid have very low kinetic energy.
fill in the blank Jon is able to get his employees to support his vision for the department because he is a self-confident leader who is enthusiastic and excited about his vision. Jon is a ____ leader whose style may be particularly effective when organizations are undergoing transformations
Answers
Jon is a transformational leader whose style may be particularly effective when organizations are undergoing transformations.
What do you mean by transformational leadership?He is able to get his employees to support his vision for the department because he is a self-confident leader who is enthusiastic and excited about his vision.
Transformational leadership is a style of leadership that involves inspiring and motivating followers to achieve common goals through personal transformation.
This type of leadership is particularly effective when organizations are undergoing change or transformation because it encourages followers to adapt to new situations and think creatively to overcome challenges.
Transformational leaders are also able to inspire and motivate followers to work toward a shared vision, which can be especially important during times of change.
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Next → Post Test: Electronic Correspondence and Digital Media
16
customers.
Select the correct answer from the drop-down menu.
A furniture store has uploaded pictures of its products to advertise them on its social networking page. What is the purpose of this post?
The purpose of this post is to
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Reader
Answers
The purpose of the post by the furniture store which uploaded pictures of its products to advertise them on its social networking page is to advertise their products.
Why do companies upload product photos to social media?The reasons why a company such as the furniture store would upload the photos of its products to their social media page is to advertise them.
Social media has access to a lot of people and so when the furniture store uploads pictures, it leads to more people learning about their products.
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Answer:
The answer is Persuade I got it right on the test.
*entrepreneurship*
why it is important to adapt to the sudden changes in
your environment?
Answers
Because if your mining company gets flooded and you can't mine for a few years you have to be able to find new mines or sell you equipment, or even the mine it's self.
-A mine not producing, is a mine that's losing.
You can apply this to almost anything, but it's most prominent in evolution and Business. in Evolution you die, and in business, if you company is losing money it will die so you have to adapt to sudden changes to avoid imminent death.
Hope this helps.
-Trey Tucker
Fill in the blank:
Setting (blank) objectives, may improve a firm's reputation as well as help it recruit, motivate and retain staff. On the other hand, doing so may impose additional
(blank) on the firm.
Answers
Social objectives, may improve a firm's reputation as well as help it recruit, motivate and retain staff. On the other hand, doing so may impose additional
liabilities on the firm.
The term "social aims" refers to goals that are intended to be realized for the betterment of society. Company makes use of society's limited resources. As a result, people expect something in exchange for its well-being. The fulfillment of social duties is referred to as a social objective.
So, Social objective and Liabilities area correct answers.
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Lightskins or Darkskins
Or Other ?
Answers
Answer:
any kind of boy
Explanation:
I have no type