Each of 1,000 identical firms in the competitive peanut butter industry has a short- run marginal cost curve given by SMC = 4 + Q. If the demand curve for this industry is P= 10 - (1/500)Q then what will be the equilibrium price in the short run? 8 6 4 2

Answers

Answer 1

Each of 1,000 identical firms in the competitive peanut butter industry has a short- run marginal cost curve given by SMC = 4 + Q. If the demand curve for this industry is P= 10 - (1/500)Q, then the equilibrium price in the short run is $8. Explanation:Given that there are 1,000 identical firms in the competitive peanut butter industry, the supply curve for the industry can be represented asQ = 1,000qwhere q is the output per firm.Now, the short-run marginal cost curve of each firm is SMC = 4 + Q.Then, the short-run supply curve of each firm isSMC = PTherefore,P = 4 + qOrq = P - 4Using the supply function of each firm and the market demand function P = 10 - (1/500)Q, the market equilibrium can be determined.Q = 1,000q = 10 - (1/500)(1,000q)Q = 10,000 - 2qSubstituting the expression for q givesQ = 10,000 - 2(P - 4)1,000= 10,000 - 2P + 8Then,2P = 10,008 - 1,000P = 5,004Hence, the equilibrium price in the short run is $8.

Answer 2

If the demand curve for this industry is P= 10 - (1/500)Q then what will be the equilibrium price in the short run is $-10. Answer: 2

To determine the equilibrium price, we will equate the industry's supply curve with its demand curve.

Mathematically, Supply curve, Q = 1000q, where q is the output of a single firm.

Therefore, Total industry supply = 1000q × 1000

= 1,000,000q.

P = 10 - (1/500)Q

= 10 - (1/500)(1,000,000q)

= 10 - 2000q.

Now, equating supply and demand,

1000,000q = 10 - 2000q

1000q = 0.01

q = 0.01/1000

q = 0.00001

Substituting the value of q into the demand curve, we get the equilibrium price,

P = 10 - (1/500)Q

= 10 - (1/500)(1,000,000(0.00001))

= 10 - 20

= -10

Therefore, the equilibrium price in the short run is $-10. Answer: 2

To know more about Supply curve, visit:

https://brainly.com/question/28535170

#SPJ11


Related Questions

Cost behavior relates to the categorization of costs as either product or period costs.
a. True
b. False

Answers

Cost behavior refers to how costs are classified as either product costs or period costs. This statement is false.

Cost behavior refers to how costs change in relation to changes in the level of activity or output. Specifically, cost behavior relates to whether costs are fixed or variable, and how they behave in response to changes in production or sales volume.

Product costs are the costs associated with producing a product, including direct materials, direct labor, and manufacturing overhead costs. These costs are typically considered to be part of the cost of goods sold and are included in inventory until the product is sold.

Period costs, on the other hand, are the costs that are not directly related to the production process, such as administrative and selling expenses. These costs are expensed in the period in which they are incurred.

To learn more about cost behavior

https://brainly.com/question/15577941

#SPJ4

Which of the following describes how the U.S. government protects and supports farmers and ranchers?
through establishing and maintaining food standards
through programs that provide direct payments
through allowing agribusiness companies to create oligopolies
through strict measures of qualis for commodities

first one to get it right gets Brainliest ​

Answers

Answer:

through allowing agribusiness companies to create oligopolies

Explanation:

Answer:

through programs that provide direct payments

Explanation:

The United States government gives free money to farmers and ranchers through a government subsidiary.

To foster collaboration, rather than competition, as part of a team, members should have a genuine interest in achieving team goals rather than individual recognition, contribute ideas and feedback unselfishly, and ________.

Answers

To foster collaboration rather than competition, members should selflessly contribute ideas and feedback and monitor the team's progress, including what is going right and what is going wrong.

Collaboration is essential in the workplace as it generates:

IntegrationMotivationProductivitySatisfactionInnovation

Therefore, monitoring the team's progress is essential for problem resolution and continuous improvement.

The increase in collaboration is capable of generating greater competitiveness and positioning for a company in its operating market.

Find out more information about collaboration here:

https://brainly.com/question/24345164

how to use service economy and consumer and also producer in a sentence

Answers

To use service economy and consumer and also a producer in a sentence, you could say:

"The service economy relies on both consumers and producers to drive growth, as consumers demand services and producers meet those demands through their offerings."

What is a Service Economy?

The term "service economy" might apply to either of two current economic developments: The growing prominence of the service industry in developed economies.

The current Fortune 500 list includes more service businesses and fewer manufacturing than prior decades.

The service-based economy is distinguished by a dominant tertiary sector, an availability of services, a limited number of manufacturers, and the majority of service-based economies being located in first-world nations.

Learn more about Service Economy:
https://brainly.com/question/13130856
#SPJ1

WILL MARK BRAINLIEST

Etiquette Inc. earns $150,000 as income from services in a particular accounting period. The company's operating expenses for this period are
$35,000. What is the company's net income?

The net income Etiquette Inc. earns is $______.

Answers

Answer:

$115,000

Explanation:

150,000-35,000

following distance (the distance between the taxi and the lead car) was recorded. The sample mean following distance was 3.50 meters and the sample standard deviation was 1.13 meters. ( )m Interpret the interval. (b) What assumption must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece? We need to assume that taxi drivers used in the study are all drive the same make and model car. We need to assume that taxi drivers used in the study are representative of all taxi drivers in Greece. We need to assume that taxi drivers used in the study are representative of all drivers who have used the simular We need to assume that taxi drivers used in the study are representative of all drivers in Greece. We need to assume that taxi drivers used in the study are all using the same mobile phone.

Answers

a) Interpretation of the interval is as follows: There is a 95% chance that the true average following distance of all the taxi drivers in Greece lies between 3.17 meters and 3.83 meters.

The following interval is obtained by using the formula for a confidence interval where the sample mean following distance is 3.50 meters, the sample standard deviation is 1.13 meters, sample size is 100, degrees of freedom (df) is 99, and t (value for 95% confidence interval) is 1.984 (obtained using t-distribution table). Thus, the interval is calculated as follows: $$(\bar{x}-t_{\alpha/2}\frac{s}{\sqrt{n}},\bar{x}+t_{\alpha/2}\frac{s}{\sqrt{n}})$$$$=(3.50-1.984\frac{1.13}{\sqrt{100}},3.50+1.984\frac{1.13}{\sqrt{100}})$$$$=(3.17,3.83)$$b)

The assumption that must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece is that the taxi drivers used in the study are representative of all taxi drivers in Greece. Therefore, option B is correct. It is important to have a random sample of taxi drivers to ensure that the results of the study can be generalized to the population of all taxi drivers in Greece. If the sample is not random and representative, the results of the study cannot be applied to the population and it would not be valid to generalize the findings.

to know more about Interpretation visit
https://brainly.com/question/33189024
#SPJ11

Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.

Answers

I would say the answer is D because he assumes the man stole them, didnt even ask for a receipt or confirm with the store clerk if he did buy them.

The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.

What is Robbery?

Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.

To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.

In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.

So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.

Learn more about Robbery, here:

https://brainly.com/question/19151712

#SPJ2

What hazard is a farmer hoping to prevent by installing a thick mat on the floor at his loading dock?

heat exposure

joint injuries

excessive noise

unclean conditions

Answers

Answer:

joint injuries

Explanation:

Repetitive motions like bending and lifting can cause severe damage on workers’ joints. Installing a thick mat on the floor will help act as a shock absorber for the workers’ joints.

Answer:

joint injuries

Explanation:

What is the difference between crowd sourcing and crowd funding?

a) crowd sourcing carries fewer risks

b) crowd funding had money back guarantees

c) crowd sourcing was replaced by crowd funding

d) crowd funding has a financial aspect

Answers

Answer:

a) crowd sourcing carries fewer risks

Explanation:

Crowd sourcing: The term "crowd sourcing" is described as a phenomenon that encompasses the procedure of sourcing skills or information or some end products from a particular group or groups of different people.

Crowdfunding: The term "crowdfunding" is described as a phenomenon that encompasses the procedure of sourcing funds or money from a specific group of groups of different people.

In the question above, the correct answer is option a.

Answer:

crowd funding has a financial aspect

ideal standards will generally result in favorable variances for the company. group of answer choices True or False

Answers

The given statement, "Ideal standards will generally result in favorable variances for the company," is False because ideal standards are set based on optimal conditions and perfect performance, which may not be achievable in reality.

When comparing actual performance to ideal standards, it is more likely to encounter unfavorable variances due to factors such as limitations in resources, human error, or unforeseen circumstances.

Ideal standards are useful as benchmarks for improvement and setting high goals, but they may not reflect the actual performance of the company. Variances can provide valuable insights into areas for improvement and help in making necessary adjustments to achieve better results.

For more questions like Company click the link below:

https://brainly.com/question/29491178

#SPJ11

how do owners and workers get income from business​

Answers

The owner will give the worker a certain percent of the income and the owner will take the rest

Explanation:the owner will give the worker a certain amount from the income he get he might give the employe 2% of what the income is each day or month of might give them a salary base on how much profit the worker contribute but the owner will alway be able to take the rest of the income after tax.

What is a product mix?

Answers

Answer:

Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.

For example, your company may sell multiple lines of products.Or your product lines may be vastly different, such as diapers and razors.

Cole just moved to a new neighborhood. He called the electric company to switch the utilities for his new home from the landlord to
himse Why would the electric company request a copy of Cole's credit report?

A. Cole had applied for one of the company's credit cards and they wanted to find out if he was a good borrower

B. They needed to decide whether to require Cole to provide a deposit.

C. The company does background checks on all potential employees.

D. Federal regulations require them to make that request whenever someone signs up.

Answers

its B they need to know whether or not he could provide a deposit

They needed to decide whether to require Cole to provide a deposit would the electric company request a copy of Cole's credit report. Thus, option (b) is correct.

What is company?

The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.

According to the electric company, was the request the copy of the Cole's credit report. It was the needed to decide the Cole  to provide a deposit. The Cole was the deposits, of the electric company. It was the needed to the deposit of the report. The main reason was the Cole just the moved to a new neighborhood.

As a result, they needed to decide whether to require Cole to provide a deposit would the electric company request a copy of Cole's credit report. Therefore, option (b) is correct.

Learn more about on company, here:

https://brainly.com/question/27238641

#SPJ2

Which pricing tactic should most likely be used when marketing organization are targeted quality-conscious consumers?
A. Targeted pricing
B. Dynamic pricing
C. Prestige pricing (correct)
D. Goldilocks pricing
E. Discounted pricing

Answers

When marketing to quality-conscious consumers, prestige pricing is the pricing tactic that should most likely be used. Here option C is the correct answer.

Prestige pricing is a tactic in which a high price is set for a product or service to signal its high quality and exclusivity. It is also called premium pricing. Quality-conscious consumers are willing to pay more for products or services that they perceive to be of high quality, unique, and exclusive.

Prestige pricing is commonly used by luxury brands such as Rolex, Chanel, and Mercedes-Benz to create a perception of exclusivity and luxury. These brands often have a loyal customer base that is willing to pay a premium price for their products.

Prestige pricing helps the marketing organization position the product as high-end and create a perception of high quality, thus appealing to quality-conscious consumers.

To learn more about prestige pricing

https://brainly.com/question/29832980

#SPJ4

7. Nestle products Ltd includes in its account system a

purchase and sales ledger control account. The firms' trial

balance as at 31 March, 2018 includes the following

entries.

Purchases ledger control account

Sales ledger control account

The following is a summary of the firms' transactions with its suppliers:

1. Goods purchased and received from suppliers

(a) Gross invoice value before trade discount

(b) Net invoice price after trade discount

2. Goods returned to suppliers

(a) Gross invoice value before trade discount

(b) Gross invoice/price after trade discount

3. Amount due to suppliers

(a) Total amount

(b) Settled by payment of

4. Goods sold to customers:

(a) gross invoice value price before discount

(b) Net invoice value price after discount

5. Goods returned from customers:

(a) Gross invoice value before trade discount

(b)Net invoice price after trade discount

6. Amount due from customers:

GH¢'000

Dr 1,242

Cr 24,647

Dr 39,650

Cr

941

210,756

176,410

16,476

15,113

163,300

159,400

344,700

310,690

7,600

6,764

(a) Full amount

(b) Settle by receipts of

7. Customers debt written off

Additional information:

• It has been decided to create a provision for doubtful debt at

31/3/18 of 12%2% of the total amount due from customers

indebted to the firm. There was no provision for doubtful debt

in the trial Balance at 31 March, 2019

307,610

306,540

970

• At 31st March, 2019 both the purchases and sales ledgers

included accounts with K. M, purchases ledger GH¢1,630,000

(credit), sales ledger GH¢1,268,000 (debit).

• It has been decided to set off K. M's sales ledger balances

against the balance in purchases ledger. The purchases ledger

at 31st March, 2019 included the following account with debit

balances G. G GH¢930,000, L. B GH/420,000.

• The sales ledger at 31st March, 2019 included the following

accounts with credit balances P. H GH¢230,000, H. P

GH¢83,000, K. B GH¢500,000.

You are required to prepare the following account for the year

ended 31st March 2019 in the books of Nestle products Ltd.

(a) Payables ledger control account

(b) Receivables ledger control account

Answers

The required accounts to be prepared for the year ended 31st March 2019 in the books of Nestle products Ltd are:

(a) Payables ledger control account(b) Receivables ledger control account

To prepare these accounts, the given information regarding the transactions with suppliers and customers is used. The purchases ledger control account and sales ledger control account balances are also considered. The provision for doubtful debts is accounted for in the receivables ledger control account.

The accounts with K. M are set off against each other. The debit balances in the purchases ledger accounts of G. G and L. B are adjusted, and the credit balances in the sales ledger accounts of P. H, H. P, and K. B are adjusted.

The payables ledger control account is prepared to show the balance owed to suppliers, while the receivables ledger control account is prepared to show the balance owed by customers. These accounts help in determining the total payables and receivables of the company at the end of the financial year.

To learn more about Payables ledger, here

https://brainly.com/question/17201999

#SPJ4

What are the disadvantages of a command economy ?.

Answers

There isn't enough to satisfy customer demand, no reason to put up extra effort People with various talents and responsibilities make comparable money.

Why do command economies fail ?Decisions are made by people who might not be aware of what is truly happening as a result of centralization. For instance, a lot of the created commodities were not used in the command economy of the Soviet Union. Consumer preferences cannot be accommodated in a command economy.Lack of competition, which can result in a lack of innovation, and inefficiency are disadvantages of command economies.Structures based on a command economy have advantages and disadvantages. The advantages of a command economy include low levels of inequality and unemployment as well as the shared goal of displacing profit as the main driver of production. Critics contend that command economies' inherent lack of competition limits innovation and prevents prices from stabilising at a level that is best for consumers.

To learn more about command economy refer :

https://brainly.com/question/26262298

#SPJ4

according to the aicpa code of professional conduct, what would a covered member most appropriately do upon learning that another member of an attest engagement team is considering employment with the client?

Answers

According to the AICPA code of professional conduct, the covered member should notify an appropriate person in the firm upon learning that another member of an attest engagement team is considering employment with the client.

What is AICPA code of professional conduct?

The American Institute of Certified Public Accountants published the AICPA Code of Professional Conduct, which is a set of codified statements outlining a CPA's ethical and professional obligations. The code outlines requirements for auditor independence, objectivity, and integrity as well as obligations to customers and coworkers and behaviors that are detrimental to the accounting profession. The code must be written, revised, and reissued by the AICPA every year on June 1. In his speech to the American Association of Public Accountants' annual meeting in 1907, Joseph Edmund Sterrett discussed the controversy and problems surrounding the creation of a code of professional conduct.

To know more about AICPA refer:

https://brainly.com/question/17190947

#SPJ4

what are the outputs of the production process with regards to goods and services​

Answers

Answer: they will go faster

Explanation: it does a thing.

A perfectly competitive firm not able to sell all it wants at the market equilibrium
price. Therefore, it has no incentive to increase prices (sacrificing revenues and
therefore profits) to increase sales. Because other firms are selling nearly identic
products (i.e., goods are homogeneous) at the market equilibrium price, trying to
raise the price would lead to the firm gaining all its sales.

Answers

A perfectly competitive firm is not able to sell all it wants at the market equilibrium price. Therefore, it has no incentive to increase prices (sacrificing revenues and therefore profits) to increase sales. Because other firms are selling nearly identic products (i.e., goods are homogeneous) at the market equilibrium price, trying to raise the price would lead to the firm gaining all its sales.TRUE

In economic theory, perfect competition occurs when all companies sell identical products, market share does not influence price, companies are able to enter or exit without barriers, buyers have perfect or full information, and companies cannot determine prices.In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition.

Perfect competition is an economic term that refers to a theoretical market structure in which all suppliers are equal and overall supply and demand are in equilibrium. For example, if there are several firms producing a commodity and no individual firm has a competitive advantage, there is perfect competition.The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. Efficient market equilibrium under perfect competition is when marginal revenue equals marginal cost.

Learn more about Perfect competition here:

https://brainly.com/question/1488584

#SPJ9

Explain what diversification means and how it can help manage risk. (Answer in 3-5
sentences)

Answers

Answer:

See below

Explanation:

Diversification involves investing in different and diverse classes of assets. In diversification, the investor opts to spread his capital in several investment options rather than focusing on one investment vehicle.

Diversification is a risk management strategy. Since investments are spread in different classes of assets, the investor does not suffer total losses should the market progress in the unexpected direction one class of investments. Investment tools do not react the same to market events. In the case of uncertainties, some investments will make losses and other profits.  This way, the investor's capital will not be wiped out.  

What is the name of the test that is used to assess the relationship between two ordinal variables?
Spearman's rho
Allergy
Cramer's V
Chi Square

Answers

The test used to assess the relationship between two ordinal variables is called Spearman's rho, also known as Spearman's rank correlation coefficient.

This non-parametric statistical test measures the strength and direction of the association between two ranked variables. It is an alternative to Pearson's correlation coefficient when the assumptions of linearity and normal distribution are not met.

Spearman's rho calculates the correlation between two sets of ordinal data by comparing the ranks of the variables. It ranges from -1 to 1, where -1 indicates a strong negative relationship, 1 indicates a strong positive relationship, and 0 suggests no relationship.

While other tests, such as Chi Square and Cramer's V, are used to assess associations between categorical variables, they are not specifically designed for ordinal variables. Chi Square is used to determine if there is a significant association between two categorical variables, while Cramer's V measures the strength of that association. Allergy, on the other hand, is not a statistical term and is not relevant to this context.

In summary, Spearman's rho is the appropriate test to assess the relationship between two ordinal variables, as it measures the strength and direction of the association based on the ranked data.

Learn more about Spearman's rho here: https://brainly.com/question/30702323

#SPJ11

which part of the result block should you evaluate to determine the needs met rating for that result?

Answers

You always need to evaluate both the block and the landing page. For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.

The quality of the web page and the material inside the block are both taken into account when determining if a requirement is met. The Needs fulfilled rating would not succeed if the landing page's quality was acceptable but the desired content was not delivered.

Videos, live cricket scores, and sports videos are all included in the special content result block and may be seen right away after entering the search term.

When a user searches in websites that are related to their search query, the possibility of finding distinct content that seems irrelevant to them exists in the online search result block.

In particular content result blocks, only the content inside the block is evaluated.

To know more about met rating:

https://brainly.com/question/14427844

#SPJ4

Anna currently owns and maintains a building. She spends $1,500 each day to hire the security and maintenance crew. She also pays $1,000 each day to rent the surveillance equipment for the building. The renters at her building pay her $3,000 of rent each day. If she doesn't own and maintain the building, she can work as a photographer instead. If she works as a photographer, she expects to earn $200 each day. In this case, what is Anna's economic profit?

Answers

The given scenario is about Anna, who owns and maintains a building. She has to pay $1,500 each day to hire the security and maintenance crew.

She also pays $1,000 each day to rent the surveillance equipment for the building. Her building renters pay her $3,000 of rent each day.

Suppose she doesn't own and maintain the building, then she can work as a photographer and earn $200 each day. The formula for economic profit is:Total revenue - Total Cost = Economic profitTotal revenue: Anna's total revenue from the building is $3,000 per day.Total cost:

Anna's total cost is the sum of maintenance crew and rent for the surveillance equipment. Therefore, Anna's total cost is $1,500 + $1,000 = $2,500 per day. Economic profit= Total revenue - Total Cost Economic profit= $3,000 - $2,500Economic profit= $500/dayNow, suppose Anna works as a photographer, then her total earnings would be $200 per day. Anna's economic profit would be as follows:

Economic profit= Total revenue - Total CostEconomic profit= $200 - $0Economic profit= $200/dayIf we compare Anna's economic profit from both the building and the photographer, she would be better off with the building. Therefore, Anna's economic profit is $500 per day. 

Learn more about equipment here

https://brainly.com/question/28269605

#SPJ11

Sample advertisement: Lose body fat and feel healthier with our proven supplement, Edgozene! Losing weight is easy with Edgozene! Just take two pills before each meal. You'll feel more full and eat less. No other diet pill offers what our product does - and for a limited time, if you buy now you can get two bottles of Edgozene for just $29.95! Which of these statements from the advertisement are facts? Check all that apply. A) Losing weight is easy with Edgozene. B) You will lose weight and feel healthier if you take Edgozene. C) You will receive two bottles of Edgozene when you order. D) Edgozene costs $29.95. E) You won’t eat as much if you take Edgozene.

Answers

Answer:

  C) You will receive two bottles of Edgozene when you order.

  D) Edgozene costs $29.95.

Explanation:

We assume that 1 order costs $29.95 and delivers 2 bottles. (That is, we assume that you cannot order 1 bottle for $14.98.) Under that assumption, the cost is $29.95 (D) and the amount delivered is 2 bottles. (C)

There is no way to determine whether any other claims are facts, or not. As a rule, feelings experienced when eating are a function of a lot more than just a diet pill. That is, you may or may not eat less when/if you feel more full.

Answer:

c,d

Explanation:

Ceviche is prepared by marinating fresh raw fish in citrus juice for several hours, until the fish becomes opaque and firm, as if cooked. How does citrus juice render the seafood safe to eat

Answers

Answer:

since citrus is acidic it cooks the fish making it safe to eat

Explanation:

.Money is often standardized in appearance true or false

Answers

True, this is the right answer.

If you get an email from your bank on its official stationery that asks for your account number, what should you do

Answers

When an email is received in one's bank name and asks for account number, it is more likely a fraud and should be reported immediately.

It is very uncommon and rare for bank to contact an account-owner and when they does, it is usually for complicated situations, complimentary messages, product offers etc

This type of message received (in question) are usually from a malicious party disguising as you bank and it is referred to as email phishing.

In conclusion, when an email is received in one's bank name and asks for account number, the intent is more likely a fraud and should be reported immediately to necessary department.

Read more here

brainly.com/question/1627286

Setting the price for a new product is less difficult when other products like it are already being sold. This is true because ______. Multiple choice question. consumers will have become used to paying artificially high prices for products in that category all retail outlets in the area can get together and agree to sell the product for the same price, regardless of its actual value consumers will have learned to depend on that type of product and will pay whatever it costs the market will have established a general value for that sort of item

Answers

Answer:

the market will have established a general value for that sort of item

Explanation:

If we set the price of the new product so it would be less difficult in the case when the other kind of products are being sold because in the market the products make the image of the company that the audience will be aware of

So according to the given situation, the last option is correct

And, the rest of the options does not represent the given case

in evaluating your company performance, if your company’s "revenue growth rate" is less than the "market growth rate," then:

Answers

If your company's revenue growth rate is less than the market growth rate, it may indicate that your company is losing market share to competitors or facing other challenges that are hindering its growth.

It is important to analyze the reasons behind the slower growth rate and take appropriate measures to address any issues or capitalize on opportunities to improve the company's performance. It could be a signal that your company's products or services are not meeting customer needs or that there is increased competition in the market.

It may require a closer examination of your business strategies, marketing efforts, product offerings, and competitive landscape to identify areas of improvement and develop strategies to enhance your company's growth and market position. Some possible steps could include improving marketing strategies, enhancing product offerings, or exploring new markets or partnerships.

You can learn more about growth rate at: brainly.com/question/13870574

#SPJ11

You are applying to a job after reading the listing on a job board website. The listing requests that applicants email a copy of their resume to the company's recruiter. What's the best way to send your resume?

Answers

The best way to send your resume is to attach your resume to an email message addressed to the recruiter and explain that you are applying for the position in the body of the message. Option (D) is correct.

What is Resume?

In order to list their qualifications for a position, job applicants must generate a formal document called a resume. A personalized cover letter that is included with a resume typically conveys interest in a particular position or business and attracts attention to the CV's most crucial details.

Someone is submitting a job application on the board's website. The applicant sends a copy of their resume to the hiring manager of the company while they are listening. The greatest format for introducing oneself is email correspondence. Mentioning the position is a necessary part of conveying information through a resume.

Therefore, Option (D) is correct.

Learn more about Resume, here;

https://brainly.com/question/862477

#SPJ1

Your question is incomplete, the complete question is :

You are applying for a job after reading the listing on a job board website. The listing requests that applicants email a copy of their resume to the company's recruiter. What's the best way to send your resume? a. send an email addressed to the recruiter explaining that you are applying for the position in the body of the message, and then copy and paste your resume below your explanation. b. attach your message explaining to the recruiter that you are applying for the position, and copy and paste your resume into the body of the message. c. print out your resume and email the recruiter asking for a mailing address so that you can mail your resume. d. attach your resume to an email message addressed to the recruiter, and explain that you are applying for the position in the body of the message.

Other Questions
What, ultimately, is "the most dangerous game"? "Only one person is missing," wrote French poet Alphonse de Lamartine, "and the whole world seems depopulated". Select the correct answer.Which verb phrase correctly completes this conversation between Eva and Laura?Laura: Puedes jugar al ajedrez conmigo?Eva: No, yo ________________.A. est estudiandoB. estoy estudiando C. ests estudiandoD. estamos estudiando Tamara and Julio consume only bread and wine. They trade only with each other and there is no production. They both have strictly convex preferences. Tamaras initial endowment of bread and wine is the same as Julios.a. At the initial endowment their marginal rates of substitution must be the same. b. In a competitive equilibrium, the ratio of the two prices must be 1. c. In a competitive equilibrium, they must consume identical consumption bundles. d. If they have identical utility functions, then the initial allocation is Pareto optimal. e. None of the above the fact that approximately 5 percent of dna sequences are highly conserved between mice and humans suggests that: King Harshavardhana's death brought about numerous changes in the country's social, economic, political and cultural Life'. Explain any two political impacts of the death of Harshavardhana on North India. What is 16.93 x 107 x 102 - 103 x 104 = 105 equal to?0.016931,6931.6931,693,000 hallucinogen persisting perception disorder refers to an lsd overdose. true or false What is 5/8 - ( -7/8)= A box plot is shown below:A box and whisker plot is shown using a number line from 20 to 45 with primary markings and labels at 20, 25, 30, 35, 40, 45. In between two primary markings are 4 secondary markings. The box extends from 25 to 39 on the number line. A line in the box is at 33. The whiskers end at 20 and 44. The title of the art is Visitors at the Exhibition, and below the line is written Number of Visitors.What is the median and Q3 of the data set represented on the plot? Median = 30; Q3 = 44 Median = 36; Q3 = 44 Median = 30; Q3 = 39 Median = 36; Q3 = 39 The bar chart shows the average consumption of soft drinks and juice in a week for a range of different age groups in 2000. TRUE/FALSE. the fabella is a small sesamoid bone found in some mammals embedded in the tendon of the lateral head of the gastrocnemius muscle behind the lateral condyle of the femur Please provide thorough explanation (5 points) Find the slope of the tangent to the curve r = 5 + 9 cos at the value 0 = 1/2 consumer researchers have adapted some of sigmund freud's ideas. in particular, his work highlights the potential importance of ________ that influence(s) our purchases. Patient Protection and Affordable Care Act ereates which of the following problems? a) Asymmetric information b) Adverse selection c) Moral hazard d) Death panels 2uestion 9 Paticnt Protection and Affordable Care Aet deals with which of the following problems? a) Asymmetric information b) Adverse selection c) Moral hazard d) Death panels Annie knows that people in her family die young, and so she buys life insurance. Harry knows he is a reckless driver and so he applies for automobile insurance. a) These are both examples of adverse selection. b) These are both examples of moral hazard. c) The first example illustrates adverse selection, and the second illustrates moral hazard. d) The first example illustrates moral hazard, and the second illustrates adverse selection What were the two types of coalition members in the Persian Gulf War? Why were they coalition members? I have a home work due in 10 mins can you please help me out? Provide the coefficients needed to balance the redox reaction given. Choose... Fe(s) + Choose... Cl2(g) Choose... Fe3+(aq) + Choose... Cl-(aq) Help me please !!The sum of 5th and 9th terms of an A.P. is 72 and the sum of 7th and 12th terms is 97. Find the A.P.