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- TRUE OR FALSE 1. IF A CUSTOMER EXPECTS A GOODS PRICE TO BE HIGHER IN THE FUTURE THERE WILL BE A HIGHER DEMAND FOR THE GOOD NOW 2.A SURPLUD OCCURS IF FLOOR PRICE IS BELOW EQUILIBRIUM PRICE. 3. TWO GOODS ARE SUBSTITUTES IF AN INCREASE IN THE PRICE OF THE FIRST GOOD CAUSES AN INCREASE IN SUPPLY OF THE SECOND GOOD 4.A DECREASE IN INCOMEWOULD CAUSE A BUYER TO CONSUMER MORE INFERIOR GOODS 5. AN INCREASE IN THE LEVEL OF AVAILABLE TECHNOLOGY CAUSES A PRODUCTS SUPPLY TO DECREASE 6.A CHANGE IN THE CONSUMERS INCOME WOULD CAUSE A MOVEMENT IN THE DEMAND CURVE 7. IN REAL LIFE SITUATIONS SHIFTS IN DEMAND CURVE ARE PARALLEL TO EACH OTHER 8. THE PRICE FLOOR AND PRICE CEILING ARE BOTH IMPOSED BY THE GOVERNMENT 9. AN ANTICIPATED DECREASES IN THE PRICE OF A GOOD WILL CAUSE SUPPLIERS TO DECREASE CURRENT SUPPLY OF THE GOOD 10. THE LAW OF DEMAND STATES THAT THERE IS A NEGATIVE RELATIONSHIP BETWEEN DEMAND AND SUPPLY(1) A monopolistically competitive firm is earning positive economic profit. Which of the following must be true? A-The firm is not in long-run equilibrium. B-The firm is not producing where marginal revenue equals marginal cost. C-The firm is receiving a per-unit subsidy. D-The firm is operating with allocative efficiency. E-The firm's price is the level where marginal revenue equals marginal cost. (2)What is the key difference between monopolistic competition and an oligopoly market? A-In an oligopoly, the number of firms is so small they strategize their production interdependently. B-In monopolistic competition, the marginal revenue is beneath the demand curve because of market power. C-Oligopolies generally have a lower market concentration and a lower minimum efficient scale. D-Monopolistically competitive markets have more significant barriers to entry into and exit from the industry. E-Oligopolies see consistent economies of scale across their entire product demand.SWOT analysis of the Better Business Bureau. The internal factors (Strengths and Weaknesses) will focus on the BBB. The external environment (Opportunities & Threats) will focus on competitors, such as, Angie’s List, Yelp, Home Advisor, etc.
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- The efficient markets hypothesis identifies three forms of market efficiency. (a) What would happen to market efficiency if all investors attempted to follow a passive strategy? (b) LMV Trust, outperformed the S& P 500 in each of the 15 years ending in 2005. Is this performance sufficient to dissuade you from a belief in efficient markets? If not, would any performance record be sufficient to dissuade you? (c) Explain the three forms of market efficiency propagated by the Efficient Markets Hypothesis and discuss the impact on investment strategygood day tutor! im here to cure my doubts i hv 1 question. please kindly help solve. Required: selected company: Pfizer Inc. 1. Prepare a PESTLE analysis for Pfizer Inc. (4 points for each component–political, economic, social, technological, legal, environment). Provide at least 6 relevant examples. It is suggested to take into consideration about the current situation happening nationally and globally. (such as Covid19/economic recession/all the downfall & downturns happened due to Covid19) Thats all. tutor, i hope for a clear, precise & easy-to-understand explantions. (non-plagiarized answers) thanks tutor! much appreciated~Consider the factors that influence environmental uncertainty (rate of change in factors and number of factors in the environment). Classify each of the following organizations as operating in either (a) a low-uncertainty environment or (b) a high-uncertainty or (c) moderate uncertainty environment: Hyundai, Facebook, Fed ex, local subway franchise, a cattle ranch in Okholama , and McDonald’s. Explain your reasoning in detail.
- With a _____________________, companies need to know when to get in and get out. On the other hand, a ________________reveals the shape of the future and can provide strategic direction. a. Fad; Trend b. Trend; Fad c. Trend; Strategy d. Mega-trend; FadShould firms such as apple maxmize their profits or should they sacrifice some profits to do goodAccording to an article on Markets and Markets (2021), the global agricultural robotics market is likely to reach 11.9 billion US dollars by 2026 – a growth of 19.3% since 2021. Write a short article about the current state of robotics used in the context of agriculture. This can include any form of assistance to farmers and agriculturalists, whether focused on labour-intensive tasks or helping with logistics or planning. Write no more than 700 words, excluding references.