The competitive environment that most marketing managers experience in developed economies is:_______

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Answer 1

Answer: MONOPOLISTIC COMPETITION.

Explanation:

What is MONOPOLISTIC COMPETITION ?

When a large number of businesses supply competing products or services that are similar but imperfect substitutes, monopolistic competition exists.

A monopolistic competitive industry has low entry requirements, and decisions taken by any one firm do not directly affect those of its rivals. The pricing and marketing decisions taken by the competing companies act as their points of differentiation.

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Related Questions

In the united states, the majority of new jobs are generated by _______ businesses.

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In the united states, the majority of new jobs are generated by Small businesses.

Millions of professionals are employed by small enterprises across numerous industries. New businesses establish themselves every year, creating jobs that support regional economies.Not all small business concepts, though, are flexible and adaptive. Many companies had to close their doors and remake themselves in 2020 in order to continue operating in the new normal. Here is everything you need to know about the current small company landscape and the opportunities if you're considering establishing a firm this year.Though starting a business is challenging, the appropriate point of sale system may greatly simplify operations. Learn how Lightspeed can keep you productive, organized, and most importantly, lucrative by watching a free demonstration.Small businesses are corporations, partnerships, or sole proprietorships that are smaller in scale than larger firms or corporations in terms of both the number of employees and/or yearly revenue. Depending on the nation and sector, different types of businesses may be considered "small" for the purposes of applying for government assistance and being eligible for special tax treatment.

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When is a residential sale exempted from the property condition disclosure requirement?

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If the property is brand-new or its value is less than 5% of the value of the property being sold, no disclosure is required.

Let's say the land is a 200-acre ranch. There is a small hut on the property that adds very little value despite being on outstanding real estate. No disclosure is necessary if the value of that structure is less than 5% of the total value of the real estate being sold.

Disclosures for Residential Property Transfers

The California Civil Code's significant disclosures are covered in this section (commencing at Section 1102). These rules apply to the sale, exchange, installment land sale contract, ground lease paired with improvements, lease with an option to purchase, or any other option to purchase of real property of one to four dwelling units, subject to the exclusions set out below.

The terms "seller" and "buyer" or "purchaser" refer to the transferor and transferee, respectively, in this discussion. The term "transaction" refers to the sale or transfer of the property.

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What is paulie's opportunity cost of producing one cup of ice cream (round to two decimal places)?

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Paulie's opportunity cost of producing one cup of ice cream is 8.5 t-shirts.

What is the opportunity cost?

The potential benefits that a person, investor, or business forgo while choosing between two possibilities are known as opportunity costs. Opportunity costs can be easily disregarded since they are by nature invisible. Understanding the potential opportunities missed when a business or individual chooses one investment over another is necessary for making wiser decisions.

To accurately calculate opportunity costs, it is necessary to balance the benefits and drawbacks of each option.

Opportunity costs have a value that can assist individuals and organizations in making more profitable choices.

Here, the opportunity cost for Paulie for ice cream will be calculated by dividing 17 by 2 Thi will be:

= 17 / 2

= 8.5 t-shirts

Therefore Paulie's opportunity cost of producing one cup of ice cream is 8.5 t-shirts

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To obtain an approximate estimate of the real interest rate, one must _________ the __________ the nominal risk-free rate.

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To obtain an approximate estimate of the real interest rate, one must subtract the expected inflation from the nominal risk-free rate.

What is inflation?

In the study of economics, inflation is the term used to describe a general increase in the cost of goods and services across a country. As the general price level rises, each unit of currency may buy fewer goods and services, hence inflation is linked to a drop in the purchasing power of money. Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation.

The equation to find an approximate estimate of the real interest rate is:

Real interest rate (approx.) = Nominal risk-free rate - Expected inflation

Therefore, in order to find the approximate estimate of real interest rate we should subtract the expected inflation from the nominal risk-free rate.

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If the present value of $280 paid one year from now is $250, what is the one-year discount factor?

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The one-year discount factor is estimated as 0.89.

What is discount factor?

In financial modeling, the term "discount factor" is most frequently used to calculate the future value of cash flows. It is a weighting factor (or even a decimal number) multiplied by future cash flow to arrive at the present value.

Now, as per the given question;

The present value = $280

The future value = $250

We can find a factor by adhering to the steps outlined below:

We already know  the discounting rate that can be computed by dividing the present and future values by one and then subtracting one from the result.

We will obtain the discounting rate for one year.

Let d be the discount rate.

As a result, d = (Future value/Present value) - 1.

Substitute the values;

d = (280/250) - 1

d = 1.12 - 1

d = 0.12

The discounting factor is now possible to determined using the following formula:

1/(1+d) = discounting factor

To find the factor, we will enter the value of d.

Discounting factor = 1/(1 + 0.12)

                                = 1/1.12

Discounting factor = 0.89

Therefore, the one-year discount factor is estimated as 0.89.

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True or false: in a market system, consumers exercise consumer sovereignty, which is crucial in determining the types and quantities of goods purchased.

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In a market system, consumers exercise consumer sovereignty, which is crucial in determining the types and quantities of goods purchased. TRUE

What is a consumer sovereignty?

Consumer sovereignty is the economic concept that the consumer has some controlling power over goods that are produced, and the idea that the consumer is the best judge of their own welfare.

Therefore, the correct answer is as given above

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Suppose that tim is unable to buy the posters separately, but can buy the bundle of all five posters for a total price of $500. what is his consumer surplus?

Answers

The consumer surplus is 4 posters, i.e. $400.

What is consumer surplus?

The difference between the social valuation of a product and the price that was actually paid is known as the consumers' surplus, which is a measure of consumer welfare. It can be calculated using the size of a triangle that is above the reported price and below a demand curve.

A customer's excess benefit is measured economically by what is known as consumer surplus, or buyer's surplus. The equilibrium price, commonly referred to as the price at which consumers are willing to pay for a good, is used to calculate it.

Because customers would be prepared to pay the market price even at the lowest utility, the law of declining marginal utility states that a good's overall utility surpasses its total market value; any excess utility is referred to as consumer surplus.

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Marginal social cost is defined as:_____.
a. marginal private cost plus opportunity cost.
b. plus marginal opportunity cost.
c. minus incidental cost.
d. plus incidental cost.

Answers

Marginal social cost is defined as the marginal private cost plus the opportunity cost.

When an extra or additional unit of a good or service this produced brings about a change in society's total cost. This change in society's total cost is called marginal social cost. This includes both the opportunity cost and the marginal private cost. So it is the total of the private cost and the external cost that the person has to pay.

Marginal private cost is the change in the total cost of the producer due to the production of an additional unit of a good or service. This cost is also known as the marginal cost of production For example if the production of a person's costs rises from$1,000 to $1,050 due to the production of this one good being produced for $50 is known as the marginal private cost.

The opportunity cost is the benefit the person would have gotten if he would have invested the money elsewhere. For example, if the person has an extra $50. He can either invest it in the business or he can invest it in the bank and get the interest. The interest money that the person has to forgo is called the opportunity cost.

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Boeing and airbus both had to make difficult decisions to address ethical missteps. Airbus’ decision to dismiss over 100 employees due to ethics and compliance reasons is tied to which managerial role?.

Answers

Airbus' decision to dismiss over 100 employees due to ethics and compliance reasons is tied to disturbance handler

What is Disturbance handler?

In this function, a manager frequently acts as a judge, issue solution, or conflict manager in addition to initiating their own activities as necessary. Such measures aim to prevent minor issues from growing into more significant ones. When employees cannot agree on who will perform a particularly unpleasant but important task, the management must resolve the conflict. She performed the disruption handler position by taking action to correct an employee's divergence from the plan.

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Because income measurement involves ________, net income from different companies may not be able to be compared directly.

Answers

Answer: judgement

solution:

Limitation

The company's goal is to earn $5 profit for every sale that's made in its stores. which key performance indicator can be used to measure the results of this goal?

Answers

Profit per sale is the key performance indicator can be used to measure the results of this goal .You may simply calculate the percentage of a sale that is profit as opposed to cost of goods sold by dividing the profit by the sales price. In a broader sense, profit margin is defined as profit divided by net sales.

What is the profit-to-sale ratio?

A company's net income as a percentage of sales is calculated using the profit margin ratio. Simply said, it offers a gauge of the amount of profits produced by a company's sales. This figure is helpful for assessing how effectively an organization's finances are managed.

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If politicians continue to avoid debating the projected increases in these three entitlement programs, the fiscal imbalance will ______.

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If politicians continue to avoid debating the projected increases in these three entitlement programs, the fiscal imbalance will In addition to other factors, the budget deficit is caused by Social Security and income taxes.

Benefits from Social Security and discretionary spending by the federal government both contributed to reducing the fiscal imbalance.

What is Fiscal imbalance?

When future debt commitments and income sources for a government are out of balance, there is a fiscal imbalance.The two types of fiscal imbalance that might affect a government's spending and revenue are vertical and horizontal.When revenues and expenditures for various levels of government are out of balance, this is known as a vertical fiscal imbalance.When revenues for various regions of the country do not equal expenditures, there is a horizontal fiscal imbalance.When revenues and expenditures for various levels of government are out of balance, this is known as a vertical fiscal imbalance.When revenues for various regions of the country do not equal expenditures, there is a horizontal fiscal imbalance.

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Goods can be categorized into durable, nondurable, consumer, and capital goods.



True or false

Answers

true should be the way to go do you need an explanation also?

Answer:  true

Explanation:

Research on ethical leadership clearly demonstrates benefits to organizations. true false

Answers

The answer is true.

The statement that research on ethical leadership clearly demonstrates benefits to organizations is true.

What is the meaning of ethical leadership?

When someone leads ethically, they act in accordance with a set of values and principles that are widely accepted as providing a solid foundation for the general good. Integrity, respect, trust, fairness, transparency, and honesty are a few of them. Leadership that is ethical must be chosen intentionally. The person, the team, and the entire business may all benefit from a positive atmosphere with productive interactions when ethical leaders are in place. Positive results and advantages for moral leaders can result from nurturing the relationships at each of these levels.

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In order for a market economy to work, it is important that supply of a product must not be restricted by a producer. in other words, _____ must be banned.

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'In order for a market economy to work, it is important that the supply of a product must not be restricted by a producer. in other words, monopolies must be banned.

As Irving Fisher explained, a monopoly is an uncompetitive market that creates a situation in which a particular person or firm is the sole supplier of a particular thing.

A monopoly is a situation where he is the only seller in the market. In traditional economic analysis, the monopoly case is viewed as the antithesis of perfect competition.

A monopoly is a company that is the sole seller of the product and has no substitute for it. Unregulated monopolies have market power and can influence prices. Examples: Microsoft and Windows, DeBeers and Diamonds, your local natural gas company.

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A payday loan company charges 8.50 percent interest for a two-week period. what is the annual interest rate?

Answers

The annual interest rate is 2.21 or 221%

Given here, 8.50 percent interest for a two-week period.

On assuming there is total 52 weeks in a year then, the number of period per year is equals = Total no. of weeks / Interest for a week period.

No. of period per year = 26

Rate per period = 8.5% or 85/100 = 0.085

We know that, Annual percent rate = Rate per period × Number of period per year.

                                                             = 0.085×26      

                                                             = 2.21 or 221%

Thus, the annual percent rate is calculated as 2.21%  

The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are annualised.

The degree of risk attached to the borrower directly relates to interest rates. In order to make up for the damage that use has done to the asset, interest is levied. Instead of making a loan or lending money, the lender could have invested the funds in another project.

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The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called ______.

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The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called Visible artifacts.

What are visible artifacts?

Visual artifacts is known to be a term that can be called artefacts.

They are said to be any form of anomalies apparent in course of visual depiction as  seen in digital graphics and other kinds of imagery, mostly photography as well as microscopy.

Therefore, The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called Visible artifacts.

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In the late 1920s, you could buy $10,000 worth of stock by putting down as little as:_________

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In the late 1920s, you could buy $10,000 worth of stock by putting down as little as: $1000.

What is meant by a stock in finance?

The term stock can also be referred to as what is called equity. This is the term that is sued to refer to the security that people would have from a particular issuing corporation. The purpose of the stock is to be able to give the owner a proportion of the assets of the particular company.

Hence we can say that In the late 1920s, you could buy $10,000 worth of stock by putting down as little as: $1000.

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Mrs. peterson has a classroom made up of general education students, students with disabilities, and english learners. which teaching strategy would best benefit the english learners?

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Answer:

welcome to San Andreas I'm CJ from grove Street land to Hally gang banger ahead

U.s. census bureau statistics indicate that approximately __________of public relations practitioners are women.

Answers

U.S. census bureau statistics indicate that approximately 63.6 percent of public relations practitioners are women.

This is further explained below.

What are public relations practitioners?

Generally, The purpose of a practitioner of public relations is to assist individuals and organizations in gaining the approval of the general public.

This is accomplished by providing an explanation of the goals, objectives, and procedures of the company, as well as by building and maintaining a positive image of the organization.

The objective of the United States Census Bureau is to gather and distribute information that is accurate and up-to-date on the people, places, and economy of the United States.

In conclusion, Women make up around 63.6 percent of the workforce in the field of public relations, as shown by statistics published by the United States Census Bureau.

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Long-term productive assets used in the normal course of business are classified as:________

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Long-term productive assets used in the normal course of business are classified as Property, plant and equipment.

Property, plant and equipment or Long term assets is defined as assets which are held for more than 12 months with a purpose of future economic benefit.

It is shown on the asset side of the balance sheet.

It is also known as non current assets.

It may be tangible or non tangible asset.

Long term assets are recorded on the amount of purchase not the current value and depreciation is charged every year.

Changes in long term asset is treated as capital investment.

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The most important factor for developing and reinforcing a high-integrity work culture is:______

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The most important factor for developing and reinforcing a high-integrity work culture is hiring ethical job applicants.

What is high integrity work culture?

Respect and honesty are only two aspects of integrity in work. Employees that work for a company with a genuine culture of integrity take their commitments seriously, take initiative when they don't know what to do with their duties, and are ultimately responsible for the outcomes. As a result, the firm thrives.

Reviewing resumes and job applications for the knowledge, skills, and abilities required to carry out the job assignment is a regular part of the recruiting process.

Ethics are frequently assumed or disregarded.

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International trade decreases the demand for workers in domestic industries that?

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International trade decreases the demand for workers in domestic industries that Real wages in several industries have been known to decline as a result of international trade, depriving a portion of the population of their wage income.

The amount of this impact may be greater than any potential effect resulting from wages, yet cheaper imports can also lower domestic consumer prices. Greater specialization and more effective resource management result from international trade, which frequently lowers prices, increases output, and boosts productivity.

When the volume of imports exceeds the volume of exports, international trade could, from an economic perspective, increase the debt of the nation. Thus, a nation needs to have a sound financial management system to guard against potential losses brought on by international trade.

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A journal entry that debits manufacturing overhead and credits accounts payable would be made to record ______.

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A journal entry that debits manufacturing overhead and credits accounts payable would be made to record

factory utilities expenseRent expense on factory equipment

This is further explained below.

What is manufacturing overhead?

Generally, The cost of manufacturing overhead, often known as MOH, is the aggregate of all the indirect expenses that are spent throughout the process of making a product.

Along with the expenses of direct materials and direct labor, it is included in the total cost of the finished product.

In conclusion, A journal entry that debits manufacturing overhead and credits accounts payable would be made to record

factory utility expenseRent expense on factory equipment

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Environmentalists are concerned that free trade encourages large multinational companies to?

Answers

Environmentalists are concerned that free trade encourages large multinational companies to:

Promote new types of economic activityRestructure economic value so that environmental conservation is market-rewardedWhat is a Free Trade?

A Free Trade policy does not regulate imports and exports.

It is sometimes referred to as the free market notion in international trade. No tariffs, quotas, or other limitations exist when goods and services can be bought and sold freely across countries or sub-national territories.

A Free Trade policy, on the other hand, may simply refer to the absence of any trade restraints. A government does not need to adopt any specific actions to promote free trade. Governments with Free Trade Agreements or policies do not necessarily abandon all import and export regulation or eliminate all protectionist measures. Few free trade agreements (FTAs) in modern global trade result in completely unfettered trade.

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A company receives a utility bill for operations in may. the company does not expect to pay the bill until june. this scenario is an example of a(n):________

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A company receives a utility bill for operations in may. the company does not expect to pay the bill until June. this scenario is an example of an accrued expense.

What is an accrued expense?

In accounting, the accrued expense can be defined as the expense that is known to have happened or be recognized in the accounting books before it was paid.

These are the liabilities that have not yet being logged under the accounts payable. Hence we can say that if a company receives a utility bill for operations in may. the company does not expect to pay the bill until June. this scenario is an example of an accrued expense.

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The market interest rate related to a bond is also called the? a.face interest rate. b.contract rate. c.coupon rate. d.effective interest rate.

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The contract rate is another name for the market interest rate associated with a bond.

The current interest rate provided on cash deposits is known as the market interest rate. This rate is affected by a number of variables, including as the interest rates set by the central bank, the inflow and outflow of capital, the quantity and length of deposits, and the duration of deposits. The cost-benefit ratio of the instrument was determined by the market rate, which is the rate of interest on a loan or investment that is typically offered on the market for that product. The market rate for a loan is the typical interest rate that will be assessed to the recipient by a number of lenders.

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The study of individual choice and its implications for the behavior of prices and quantities in individual markets is?

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The study of individual choice and its implications for the behavior of prices and quantities in individual markets is Microeconomics.

What is Microeconomics?A subfield of conventional economics called microeconomics examines how people and businesses respond when deciding how to distribute scarce resources and how these people and businesses interact with one another.In order to forecast how people would conduct in specific circumstances involving economic or financial transactions, microeconomics applies a set of fundamental principles. The laws of supply and demand, opportunity costs, and utility maximization are some examples of these rules. Microeconomics has business applications as well.Microeconomics explains how and why different things have varying values, how people and firms conduct themselves and profit from efficient production and trading, and how people can work together and coordinate their efforts to the greatest extent possible.

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If the price elasticity of demand for a good is 4. 0, then a 10 percent increase in price results in a.

Answers

There a decrease in the quantity demanded by 40%

Given here , the price elasticity demand is 4%.

We have to calculate quality demanded by formula,

Price elasticity of demand =%change in quantity demanded/ % change in price.

                                             = 10×40 =40%

Thus, if the price elasticity demand increases by 10%, then quantity demanded have decreased by 40% because they are inversely proportional to each other.

The quantity that consumers desire is determined by the price of an item or service in a market. When non-price elements are taken out of the equation, it follows that higher prices lead to lower quantities demanded and lower prices lead to higher quantities demanded.

In economics, the word "quantity demanded" refers to the overall amount of an item or service that consumers demand over a specific period of time. Regardless of whether a market is in equilibrium, it is dependent on the cost of an item or service.

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A free market is a market with​ ________ government restrictions on how a good or service can be produced or sold and with​ ________ government restrictions on how a factor of production can be employed.

Answers

A free market is a market with​ few government restrictions on how a good or service can be produced or sold and with few government restrictions on how a factor of production can be employed.

What is free market?

A free market is an imagined ideal illustration of an economy in which the expressions of supply and demand by sellers and buyers determine the prices of goods and services. Models suggest that these markets run smoothly without the assistance of any external authorities, including the government.

Therefore,

A free market is a market with​ few government restrictions on how a good or service can be produced or sold and with few government restrictions on how a factor of production can be employed.

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