In 1 or 2 sentences, explain the effect of competition on the price of goods and services.

Answers

Answer 1

Answer: Competition causes prices to drop on average. competition also causes the classes to fight within themselves, allowing the rich to be safe from any rebellion.

Related Questions

Group Leader” is an example of ____________.a. a social role b. a power role c. a task role d. a leadership role
4.manager wants to give a pay rise to everyone who is paid less than the average salary.This table shows the annual salaries of the employees in the company.EmployeeSalary (in £ thousands)AJ16TM23WF23SW22MT15.5RD18.5JR20LS23PB36Tick all of the employees who are paid less than the median salary.
In inflation-adjusted dollars, how have average wages in the united states changed in the last 20 years?
Cashier's checks are generally required for A. grocery store purchases. B. mortgage fees. C. purchases made during overseas travel. D. credit card payments.
The chief financial officer (CFO) is responsible for accounting and financial functions. a. True b. False

Assume that a Japanese car manufacturer exports cars to U.S. dealerships, which are priced in yen. The demand for those cars declines when the yen is strong. The manufacturer also produces some cars in the U.S. with U.S. materials and those cars are priced in dollars. The manufacturer could reduce its economic exposure by:a. pricing its exports in dollars.
b. relying completely on Japanese suppliers for its parts.
c. producing more automobiles in the United States.
d. closing down most of its plants in the United States.

Answers

Answer:

c. producing more automobiles in the United States.

Explanation:

Based on the scenario being described it can be said that the manufacturer could reduce its economic exposure by producing more automobiles in the United States. By doing so they would not be at the mercy of the yen's unexpected currency rate fluctuations since the cars produced in the US are priced in dollars which is for the most part very stable.

Answer:

C) producing more automobiles in the United States.

Explanation:

All companies that engage in foreign trade suffer from currency exchange risks, because they cannot control the price of foreign currencies. An American company cannot control the price of the US dollar, how can it expect to control the price of the Japanese yen.

The solution will always be to increase manufacturing in the country, Honda realized that about 40 years ago when they started producing the Accord and then Toyota followed. This doesn't eliminate all the risks, since many parts are still imported from other countries, but at least they are reduced.

Once Honda's market share reached a certain amount of cars, they decided to built them in the US. Back then Japanese economy was booming, but their currency was also appreciating fast. The same happened to BMW and Mercedes Benz a few years later when the euro started appreciating.

Giselle wants to buy a condo that has a purchase price of $163,000. Giselle earns $2,986 a month and wants to spend no more than 25% of her income on her mortgage payment. She has saved up $33,000 for a down payment. Giselle is considering the following loan option: 20% down, 30 year at a fixed rate of 6.25%. What modification can be made to this loan to make it a viable option, given Giselle’s situation?

Answers

Answer:

Giselle should purchase points to lower the interest rate of the mortage, this will make the cuota decrease.

Explanation:

163000 x20% = 32,600

163,000 - 32,600 = 130,040

current mortgage cuota:

$C * (1-(1+r)^(-time) )/(rate) = PV\n$

$C * (1-(1+0.0625/12)^(-30*12) )/(0.0625/12) = 130,040\n$

C= 800.68

800.68/ 2,986 = 0.2681 = 26.81%

this cuota exeeds the desired amount Giselle wants.

her couta can be as much as 2,986 x 25% = 746.5

Giselle should purchase points to lower the interest rate of the mortage, this will make the cuota decrease.

Answer:

Explanation:

Edge 2020 your welcome

Which of the following reasons for writing a formal business document would lead you to write a proposal?A. To convince your manager to use a new meeting organization tool
B. To summarize what happened during a meeting
C. To describe what tasks you completed during the week
D. To tell your manager a project is on budget and on schedule

Answers

It should be noted that the reasons for writing a formal business document would lead you to write a proposal is A. To convince your manager to use a new meeting organization tool

According to this question, we are to discuss about reasons for writing a formalbusinessdocument would lead you to write a proposal.

As a result of this we can see that a manager can be convinced to use a new meetingorganizationtool, which serve as a reasons for writing a formal business document.

Learn more about proposal at;

brainly.com/question/7223868

Answer:

A. To convince your manager to use a new meeting organization tool

Explanation:

When creditors make a decision about approving an individual for a credit card, they consider an individual’s _____.?

Answers

When creditors make a decision about approving an individual for a credit card, they consider an individual's Debt to Income Ratio.

The creditors consider ratio to give your credit score and to determine whether that debtor has the capability to pay back their Debt.

Which command staff member serves as the incident commands point of contact.

Answers

Answer:

Liaison Officer

Explanation:

Susan is afraid that someone stole her identity using the details she provided for an online credit card application. Which agency can she complain to?

Answers

Susan can complain to the Federal Trade Commission. The agency is responsible for giving her an Identity Theft ID signifying that she may be a victim of identity theft. Susan can then bring her report to the police so that proper action can be taken.

The correct answer is the

Federal Trade Commission

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Joe Sullivan invests $9,000 at the end of each year for 20 years. The rate of interest Joe gets is 8% annually. Using the tables in the Business Math Handbook that accompanies the course textbook, determine the final value of Joe's investment at the end of the 20th year on this ordinary annuity.