What is predatory pricing? A. Selling below cost to unload excess inventory B. A manufacturer requiring dealers to charge a specified retail price for its product C. Sellers offering the same price terms to customers at a given level of trade D. Selling below cost with the intention of punishing a competitor E. Setting prices without talking to competitors

Answers

Answer 1

Answer:

Answer: Option (D)

Explanation:

Predatory pricing which is also known as or also referred to as undercutting, which is described a the pricing strategy under which a commodity, service or product is provided at a low price with an intention in order to achieve the market of new customers , or can also be implemented in order to drive the competitors out of the current market/area , also to enforce the barriers to exit and entry for the new competitors.

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Suppose the civilian noninstitutionalized working age population is 35.9 million in Laborland, 4.6 million are working part time, and 15.71 million are working full time. Laborland used the Bureau of Labor Statistics (BLS) definitions for unemployment date. Among those not working, the most recent job search activity for 3.20 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, the remaining 9.81 million who don't have jobs have not looked for work in the past six weeks. Round your answers to two decimal placesWhat is Laborland's total labor force?

What is Laborland's labor force participation rate?

How many people are unemployed in Laborland?

What is Laborland's unemployment rate?

Answers

Answer+

What is Laborland´s total labor force?

Answer: 25.23 million

What is laborland´s labor force participation rate?

Answer: 70.28%

How many people are unenployed in laborland?

Answer: 4.92 million

What is Laborland´s unenployemt rate?

Answer: 19.5%

Why would someone compare past and present performance of the same company or compare business performance against the performance of other businesses in the same industry? A) To determine market demand B) To calculate taxes C) To identify areas for improvement D) To set employee salaries

Answers

Answer:

Explanation:

AI-generated answer

Comparing past and present performance of the same company or comparing business performance against the performance of other businesses in the same industry serves multiple purposes. Some of these purposes include:

C) To identify areas for improvement: By comparing past and present performance, a company can assess its progress over time. This comparison helps identify areas where the company has improved or declined. It allows management to analyze trends, evaluate strategies, and make informed decisions on how to enhance the company's performance.

D) To set employee salaries: Comparing business performance against other companies in the same industry can provide valuable insights for setting employee salaries. It helps determine the company's competitive position in terms of financial performance, which can influence compensation decisions. For instance, if a company is performing better than its competitors, it may be able to offer higher salaries to attract and retain talented employees.

In addition to these two options, comparing past and present performance or business performance against industry peers can also help in assessing market demand and calculating taxes. However, the primary purposes are to identify areas for improvement and set employee salaries.

The consumer price index (CPI) for a given year is the amount of money in that year that has the same purchasing power as $100 in 1983. At the start of 2015, the CPI was 234.1 Write a formula for the CPI as a function of t years after 2015, assuming that the CPI increases by 2.3% every year.

Answers

Answer:

CPI (n) = 234.1 x 1.023ⁿ

Explanation:

Let P be an exponential function of n (time) with a base a:

Consumer price index = P₀ x aⁿ

where

P₀ is the CPI when n = 0, P₀ = 234.1

a = 1 + r (rate of increase) = 1 + 2.3% = 1 + 0.023 = 1.023

the CPI will increase as n increases

CPI (n) = P₀ x aⁿ = 234.1 x 1.023ⁿ

A restaurant offers an "all you can eat" meal for $9. Tyrone has eaten three servings and is trying to decide whether or not to go back for a fourth. The economic way of thinking suggests that Tyrone should go back for the fourth serving if and only if:_______. a. his marginal benefit of the additional serving is greater than zero.
b. his marginal benefit of the additional serving is at least $3.
c. his marginal benefit of the additional serving is $9 or more.
d. his total value from the meal exceeds $ Because information is costly to acquire.

Answers

Answer:

a. his marginal benefit of the additional serving is greater than zero.

Explanation:

While consuming an additional unit of a commodity : consumer compares it's marginal/additional benefit (utility) MU with marginal/ additional cost i.e price P. Hence, equilibrium is where : Marginal Utility MU = Price P

However in this case, 'all you can eat' i.e unlimited food at $9. So, there is no additional cost for consuming 4th serving.

So, Tyrone will take consumption decision based on only marginal benefit - will consume if the marginal benefit i.e additional satisfaction from the 4th serving consumption > 0, because it will increase her Total Benefit/ Total Satisfaction.

If MU / MB of 4th serving is negative: she will be worse off consuming 4th unit, as it will reduce her total benefit/ satisfaction. If it's 0, she will be indifferent consuming 4th unit or not, as total benefit/ satisfaction will remain same.

Mary visits her local shopping mall to purchase some much needed additions to her wardrobe. In selecting the items she wants to purchase, Mary is concerned primarily with factors such as color, size, style, and price. Clothing items can best be described as __________ goods a. qualitative
b. search
c. experience
d. credence

Answers

Answer:

Explanation:

A search good is a good in which it's costs can be easily determined before purchasing. It can also be described as a product that can be easily evaluated just by viewing it to determine its quality.

Clothing items fall under the category of search goods because it is easy to identify the value just by looking at its colour, style,size and shape.

Which of these scenarios best describes fractional reserve banking?-Maria makes a deposit of $20,000, and the bank loans $18,000 to Mark so he can buy a car

-Jamir makes a $1,000 deposit and then withdraws it one week later.

-Isabella splits her $5,000 deposit between two different banks.

-A bank manager trades old, worn $20 bills for new currency issued by the Federal Reserve.

Answers

The scenario that best described fractional reserve banking is Maria makes a deposit of $20,000, and the bank loans $18,000 to Mark so he can buy a car.

What is fractional reserve banking?

Fractional banking is a form of banking where a portionof customer's deposits is kept with the Central Bank as reserves. The excess of deposits over reserves can be given out as loans.

To learn more about fractional banking, please check: brainly.com/question/12417681

Maria makes a deposit of 20,000 and the bank loans 18,000 to Mark so he can buy a car is the right answer I just took it.

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Consider a risky portfolio, A, with an expected rate of return of 0.15 and a standard deviation of 0.15, that lies on a given indifference curve. Which one of the following portfolios might lie on the same indifference curve for a risk averse investor?A) E(r) = 0.15; Standard deviation = 0.20.B) E(r) = 0.15; Standard deviation = 0.10.C) E(r) = 0.10; Standard deviation = 0.10.D) E(r) = 0.20; Standard deviation = 0.15.E) E(r) = 0.10; Standard deviation = 0.20.

Which phrase describes the income effect?A. the effect of demand and supply on income earned by producers B. the impact of price on consumers’ purchasing ability and decisions C. the increased income earned by suppliers because of high prices D. the impact of consumers’ income on the supply of a product