Is it possible for a firm to become too big to be competitive and earn profit?

Answers

Answer 1

Answer: The answer is yes.
Its possible for a firm to become too big to be competitive and earn profit. They can be so large and successful that they no longer compete with small businesses anymore and might inhibit the ability to continue earn their profit.

Related Questions

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What type of control focuses on measuring a company’s products territories, customer groups, segments, trade channels, and order sizes to help expand or eliminate any products or marketing activities? Profitability Activity Efficiency Solvency
Many automobile companies have custom options available for disabled people.a. True b. False
Management of Premium Discovery Company is compensated through large salaries, stock options, and bonuses tied to the company's working capital growth. The CEO is constantly holding meetings to ensure that management is on target for increased operating income each month. Based solely on the preceding information, which element of the fraud triangle exists at the Premium Discovery Company?
Which type of organizational purchase situation is characterized by high purchase importance and complexity, a large and evolving decision-making unit that includes the top of the organization, a long time to decision, extensive information search and analysis techniques, and a dominant strategic focus?

As price falls along a downward sloping ordinary demand curve (in the x1, p1 plane), consumer utility will Group of answer choices rise. rise if the income effect is LESS than the substitution effect. fall. fall if the income effect is GREATER than the substitution effect. rise if the income effect is GREATER than the substitution effect. rise if the income effect is LESS than the substitution effect.

Answers

Answer:

c. rise if the income effect is GREATER than the substitution effect.

Explanation:

The substitution effect refers to how changes in the price of a product or service affects our consumption of them, e.g. if the price of brand X increases too much, then we might decide to buy brand Y.

On the other hand, the income effect refers to how a change in our level changes our consumption habits, e.g. luxury goods tend to be extremely elastic, since earning more income results in much higher levels of consumption.

Since the price of the product is falling, the substitution effect is not likely to occur, instead, consumer utility might increase due to higher purchasing power, i.e. you can purchase more units spending the same amount of money.

Danielle is making payments on her past-due taxes and trying to reduce the total interest she will have to pay. What will help Danielle? A. reducing her 401(k) contributions
B. increasing her charitable donations
C. paying more than the minimum payments
D. changing her filing status

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The right answer for the question that is being asked and shown above is that: "C. paying more than the minimum payments" Danielle is making payments on her past-due taxes and trying to reduce the total interest she will have to pay. This will help Danielle: C. paying more than the minimum payments

If you use credit what are you creatingA line of credit
B debt
C Collateral
D a default

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B is the correct answer. When you spend money on a credit card you are creating a debt because you are spending money you don't actually have at that point in time.

Answer:

Explanation:

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Natalie operates on a pretty tight budget. she is a price-conscious shopper and usually buys store or generic brands to save money. recently, however, natalie was given a pretty substantial raise. as such, she has altered her shopping patterns and now regularly buys more expensive, name-brand goods. this is an example of

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Answer:

Income effect is the correct answer.

Explanation:

The income effect means that the change in demand for a good or service which is caused by the change in a consumer's purchasing power resulting from the change in real income. The change can be due to a rise in the wage or due to freeing the income due to a decrease in the price of the goods. This effect also tells how the change in the price of goods will cause a change in its demand accordingly. The income effect is part of the consumer choice theory. It expresses the impact of change in income and relative market prices on the consumption pattern of goods and services.

Answer:

The income effect

Explanation:

If the exchange rate for Mexican pesos has changed from 10 pesos to 9 pesos per dollar, _____. What is the value of the peso?

Answers

Answer:

The answer is: The Mexican peso has appreciated in relation to the dollar, and now 9 Mexican pesos can be exchanged for $1

Explanation:

Currency appreciation happens when one currency gains value related to a different currency.

In this case the Mexican peso went from 10 pesos per dollar to 9 pesos per dollar, that means that the Mexican peso appreciated by 10% [= (10 - 9) / 10] in relation to the American dollar.

If the exchange rate for mexican pesos has changed from 10 pesos to 9 pesos per dollar, The value of the Peso has increased.

Previously, you need 10 pesos to get 1 dollar.
Now, you only need 9 pesos to get 1 dollar.

This means that the value of pesos toward dollars has increased

Underwriting is best described as __________. activities related to selecting acceptable risks so that general insurer objectives are met actuarial science production-related activities performed primarily by agents in the field a function most often performed by adjusters

Answers

The correct answer is letter a. Activities related to selecting acceptable risks so that general insurer objectives are met. Underwriting is best described as "Activities related to selecting acceptable risks so that general insurer objectives are met."

Here are the choices
a. Activities related to selecting acceptable risks so that general insurer objectives are met.
b. Actuarial science
c. Production-related activities performed primarily by agents in the field
d. Process of developing pricing structures for insurance, often performed by an actuary
e. A function most often performed by adjusters

Other Questions

A value chain is ________. Select one: a. the sequence of administrative policies implemented to promote economic integration by a government b. the process of relocating manufacturing and production to valuable and cost-effective locations abroad

You just graduated college and is now searching for a job. As an applicant, how can you show willingness to work and be open to changes in your future work environment? A) Resisting change for stability B) Embracing change for growth C) Seeking constant approval from superiors D) Sticking strictly to established procedures.

The _____ adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP).

SHORT ESSAY: What exactly is this principle of the invisible hand in relationship to the free market? Answer in at least 150 words.