One reason why the coffeehouse market is competitive is that A. it is trendy and therefore is likely to have a customer following. B. demand for coffee is very high. C. barriers to entry are low. D. consumption takes place in public.

Answers

Answer 1

The likely reason why the coffee house market is described as competitive is because: C. barriers to entry are low.

Characteristics of competitive market?

A competitive market is a market structure having the following characteristics:

There are many producers and consumer.A single producer nor consumer cannot dictate the market.Goods and services do not vary between producers (Homogenous products).Free entry and exit (no entry barrier).

Thus, coffee house is an example of competitive market.

there are many coffee houses and many buyers of coffee. Coffee produced can be said to be homogenous. More so, there is no stiff standards preventing people from venturing into coffee business.

Therefore, the likely reason why the coffee house market is described as competitive is because: C. barriers to entry are low.

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Related Questions

Workplace safety measures that can help prevent disasters like the Deepwater Horizon oil spill include:

Answers

Answer:

Remote shutoff capability. Require additional back-up systems to shut down offshore wells automatically. ...

Relief well capability. At minimum, adopt Canada's "same-season relief well capability" requirement. ...

Spill penalties. Impose meaningful financial penalties for deepwater spills. ...

Energy legislation. ...

Moratorium.

Explanation:

hope this helps

the current price of a stock is 200 if a coll option on this stock has a strike price of 201 the call is

Answers

The call in this scenario is known as Out of the money (OTM).

Out of the money is when an option has no intrinsic value but rather, has an extrinsic value.

Here, the current stock price is below the strike price of 201,then, we say that the call is out of money.

A call option is called Out of the money when the underlying price is trading below the strike price of the call.

Hence, the call in this scenario is known as Out of the money (OTM)

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Sometimes, the market research we do for product development and the message testing we do for ad campaigns yield surprising results. Which positioning statement was most surprising for NOT yielding the highest AWARENESS with our target segment

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The positioning statement that was most surprising for NOT yielding the highest AWARENESS with our target segment is C. Eco-friendly.

Before embracing the Eco-friendly positioning statement, the company has to show that it was not just adopting a marketing strategy that does not resonate with its internal environment.

In this regard, an Eco-friendly positioning statement should ensure that the company:

Lives the Eco-friendly promise and become a leader in the Eco-friendly movement.Creates an Eco-friendly message from the inside out.Participates in community Eco-friendly outreach programs.

Question Options:

A. Fashionable

B. Cutting Edge

C. Eco-friendly

Thus, perhaps for failing to live the Eco-friendly mantra, the target segment did not show the highest awareness.

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If a disease infects and destroys a large amount of the nation's supply of tomatoes, what is likely to happen to the price of tomatoes? (Select the best answer.)

Question 5 options:

The price will go up.


The price will remain the same.


The price will go down.

Question 6 (1 point)
In cases of natural monopolies- such as utility companies- prices are kept under control MAINLY through

Question 6 options:

competition


supply and demand


free market forces


government regulation

Question 7 (1 point)
· firms produce and sell identical products
· firms have a relatively small market share
· consumers are aware of the products and their prices
· there are few barriers to entry into the market


All of these are describing what market type of market structure?
Question 7 options:

monopoly


oligopoly


monopolistic competition


perfect competition

Question 8 (1 point)

In the five C's, how is cost different from price? (Select the best answer.)

Question 8 options:

It includes all of the costs related to the product.


It makes it easier to promote the product.


It reduces the company's operating expenses.


It includes the company's operating costs.

Question 9 (1 point)

You notice that juice is now selling for much higher prices than in the past. Which two things would you expect to happen next? (Select two answers.)

Question 9 options:

Supply will go up


Demand will go down


Supply will go down


Demand will go up

Question 10 (1 point)
Needs, product, source, price, and time could all be known as ______.

Question 10 options:

Customer objections to a sale


Economic services


Sales promotion


Channel management function

Answers

Answer:

q5) price will go up

q6) government regulatories

q7) perfectly competitive

q8) includes all cost related to the product

q9)supply will go up and demand will go down

q10) customer objections to sale

Acme Widget, Inc. has 1,000 shareholders who own a total of two million shares of its common stock. The company earned $20 million after taxes and paid out $8 million in dividends. The company has assets of $250 million and liabilities of $50 million. What is the book value per share

Answers

Acme Widget, Inc. has a book value per share of $100.

Data and Calculations:

Number of shareholders = 1,000

Total number of common stock shares = 2,000,000 shares

Earnings after tax = $20 million

Dividends paid = $8 million

Assets = $250 million

Liabilities = $50 million

Equity = $200 million ($250 million - $50 million)

Book value per share = $100 ($200,000,000/2,000,000)

Thus, Acme Widget's book value per share is $100.

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Jazz is a high-end handbag manufacturing firm based in Italy. It has achieved peak sales and profits in the home-country market. Jazz now wants to cater to the different fashion sensibilities of women across the world. The firm sets up facilities for production, marketing, and sales in the United States, India, and Japan. Which of the following is most likely the reason for Jazz's global expansion?

a. Diversifying its customer base
b. Accessing a deeper, more diverse talent pool of skilled managers
c. Obtaining investment capital for increased production
d. Accessing better raw materials

Answers

Answer: B

Explanation:

Accessing a deeper, more diverse talent pool of skilled managers is most likely the reason for Jazz's global expansion. The correct option is b.

What is a global expansion in business?

In terms of business, global expansion is when a business begins operating in another country, usually to take advantage of local market conditions or lucrative opportunities to increase revenue or reduce costs.

Global expansion refers to any business activity in a new territory, from selling products or services, dealing in raw materials, manufacturing, exporting, importing or employing. Global expansion is often linked to fast-growing businesses that recognise they can make more money if there is a demand for what they do abroad, or if they can reduce costs by operating in a new territory. It can also be about driving brand recognition in a new region or even leveraging market share from a competitor who is also active in that part of the world.

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Explain the term opportunity cost

Answers

Answer:

the loss of potential gain from other alternatives when one alternative is chosen.

"idle cash balances represent an opportunity cost in terms of lost interest"

Explanation:

Harold is part of a human resources team researching a cafeteria benefits program for his company. Once their research is complete and presented to management, Harold will return to his regular HR responsibilities. Harold is part of a temporary, self-managed, cross-functional team. True False

Answers

The answer for this question is true

Harold is part of a human resources team researching a cafeteria benefits program for his company. Harold is part of a temporary, self-managed, cross-functional team. The statement is true.

What is research?

Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.

The Functions of the Human Resource department include the hiring and onboarding of a candidate in an organization. It also includes their training and development as well as performance appraisal by examining their performance in the organization.

The function of a cross-functional team is handling different working in different departments for a certain period of time, in this case, Harold is doing the same, working for the research department for a fixed project and then coming back to the HR department.

Therefore, the statement is True.

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a wifi router has a mtbf of 10 months. What is the availability if the mttr is 12 hours and the number of days in a month is 30 ?

Answers

Answer:

40

Explanation:

Answer:

MTBF = 30 days = 30 * 24 = 720 hour. MTTR = 12 hour. i.e. A = 720 / (720 + 12) = 0.9836 = 98.36%

Bada bing, Bada

Lone Star Meat Packers is a major processor of beef and other meat products. The company has a large amount of T-bone steak on hand, and it is trying to decide whether to sell the T-bone steaks as they are initially cut or to process them further into filet mignon and the New York cut.

If the T-bone steaks are sold as initially cut, the company figures that a 1-pound T-bone steak would yield the following profit:


Selling price ($2.40 per pound) $ 2.40
Less joint costs incurred up to the split-off point where
T-bone steak can be identified as a separate product 1.60
Profit per pound $ 0.80

If the company were to further process the T-bone steaks, then cutting one side of a T-bone steak provides the filet mignon and cutting the other side provides the New York cut. One 16-ounce T-bone steak cut in this way will yield one 6-ounce filet mignon and one 8-ounce New York cut; the remaining ounces are waste. It costs $0.19 to further process one T-bone steak into the filet mignon and New York cuts. The filet mignon can be sold for $3.60 per pound, and the New York cut can be sold for $3.30 per pound.

Required:
1. What is the financial advantage (disadvantage) of further processing one T-bone steak into filet mignon and New York cut steaks?
2. Would you recommend that the T-bone steaks be sold as initially cut or processed further?

Answers

1. The Lone Star Meat Packers' financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.

Data and Calculations:

Selling price per pound of T-bone steaks = $2.40

Split-off costs = $1.60

Profit per pound =$0.80 ($2.40 - $1.60)

6-ounce filet mignon = 0.375 pounds (6/16)

8-ounce New York cut = 0.5 pounds (8/16)

Further processing costs = $0.19

New sales prices after further processing:

Filet Mignon = $1.35 ($3.60 x 0.375)

New York cuts = $1.65 ($3.30 x 0.5)

Total price per pound = $3.00

Total cost after further processing = $1.79 ($1.60 + $0.19)

Profit per pound after further processing = $1.21 ($3.00 - $1.79)

Financial advantage from further processing = $0.41 ($1.21 - $0.80)

Thus, the financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.

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1. If the Economist offers print and web access separately in the market, what are the optimal prices for home

Answers

subscription and web access

what is decentralisation?​

Answers

Based on business management, Decentralization is the transfer of control of an organization to various departments or authorities rather than one single one.

Different types of Decentralization De-ConcentrationDelegationDevolutionPrivatization

Generally, decentralization is known to yield better, more timely decisions and increase organizational motivation.

Hence, in this case, it is concluded that decentralization is the sharing of authorities.

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What is clay item?Give your own no rude answer. ​

Answers

Answer:

things made up of wet clay minerals that are mixed in soil

Answer:

Clay is a type of fine-grained natural soil material containing clay minerals. Clays develop plasticity when wet, due to a molecular film of water surrounding the clay particles, but become hard, brittle and non–plastic upon drying or firing. ... Clay is the oldest known ceramic material.

If insurance companies are required to offer coverage to all interested people, it is said that premiums for each person will be increased. Assume that the insurance market is perfectly competitive. What is the major reason for raising the premium

Answers

Answer:

to make sure that your company gets the upper hand and to make more money off of your premium then what the other companies are making

Explanation:

Listed below are selected transactions completed by Ridge Company during March of the current year.
Mar. 5
10
13
15
Rendered services on account to Quinton Co., Invoice No. 92, $3,250.
Rendered services on account to Martin Inc., Invoice No. 93, $4,500.
Received $5,000 in payment of monthly rent, which was due on March 1.
Received payment from Quinton Co. for invoice of March 5.
Received payment from Martin Inc. for balance due on invoice of March 10.
Received amount due from Thomas Co. on sale made in February, $5,200.
Recorded cash from services rendered for cash during the month, $15,750.
19
20
31
a. Record the transactions (including the invoice number), using the accompanying revenue journal and cash receipts journal.
b. Total and rule the revenue and cash receipts journals.
1. For individual items and totals to be posted to the subsidiary ledger or not to be posted, select "Yes" in the Post. Ref. column or below
the totals.
2. For individual items and totals to be posted to the general ledger, select the letter "G" (as a substitute for specific account numbers)
in the Post. Ref. column or below the totals.
If an amount box does not require an entry, leave it blank.
Page: 10
ACCTS. REC. DR.
EES EARNED CR.
POST
REF.
DATE
ACCOUNT DEBITED
INVOICE NO.

Answers

Answer:19

Explanation:

Suppose that one US dollar buys 1.50 Swiss francs. A chocolate bar costs 0.75 francs in Switzerland. How much will the chocolate bar cost in US dollars?


Compared to country Y country X has a comparative advantage I’m producing computers. Country Y has a comparative advantage over country x in producing automobiles. How can the two countries best take advantage of this situation?

Answers

Answer: 1) 50 cents 2) they can trade with each other

Explanation of question 1

Ratio of dollars to francs

1: 1.5

The chocolate costs 0.75 francs. Divide 1.5 by 0.75 to find the multiplier in the ratio which is 2. Divide $1 by 2 to get 50 cents

The Omega Corporation has some excess cash it would like to invest in marketable securities for a long-term hold. Its Vice-President of Finance is considering three investments: (a) Treasury bonds at a 11 percent yield; (b) corporate bonds at a 14 percent yield; or (c) preferred stock at an 12 percent yield. Omega Corporation is in a 40 percent tax bracket and the tax rate on dividends is 10 percent.

Required:
a. Compute the after-tax yields for the three investment options. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)
b. Which one of the three investments should she select based on the after-tax yields?

Answers

Answer:1

Explanation:

Which of the following is the richest medium for communication?

✔ a. Face-to-face discussion
b. Telephone conversations
c. Voice mail
d. Written media
e. Electronic media

Answers

Answer:

"A' is the correct answer:-

Explanation:

Face-to-Face communication

g What are the causes of rising government budget deficits when expansionary fiscal policy is used during recessions

Answers

Answer:

reduced economic activity  and increased government borrowing

Explanation:

Expansionary fiscal policy increases the level of aggregate demand, through either increases in government spending or reductions in tax rates. Expansionary policy can do this by (1) increasing consumption by raising disposable income through cuts in personal income taxes or payroll taxes; (2) increasing investment spending by raising after-tax profits through cuts in business taxes; and (3) increasing government purchases through increased federal government spending on final goods and services and raising federal grants to state and local governments to increase their expenditures on final goods and services.

which is better Window 11 or 10?

Answers

Answer:

Window 10 is better then 11, so i recommand skip 11

Explanation:

A manufacturer paid total factory payroll of $200,000 in cash. The journal entry for this transaction includes a:

Answers

Based on the information given the journal entry for this transaction includes a: Debit Factory Wages Payable $200,000; Credit Cash $200,000.

Based on the given details the we were told that total factory payroll of the amount of $200,000 was paid by cash by the manufacturer.

Hence:

The appropriate journal entry to record this transaction is:

Debit Factory Wages Payable $200,000

Credit Cash $200,000

(To record factory wages payable)

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How To Get To London Southend Airport Taxi?

Answers

Answer:

call to taxi. ....

Explanation:

.........

Logic teaches students how to think for themselves. It helps them develop their critical thinking skill. It gives them the ability to analyze and evaluate arguments. I think it should be taught in schools.

Answers

Answer:

what is the question tho?

Explanation:

Consider the market for land in central Pennsylvania, where land is used mainly for growing agricultural goods, as compared to the market for land in Rittenhouse Square, a small section of Philadelphia known for its cafes and shopping.
Because the supply of land in central Pennsylvania is_____, buyers in central Pennsylvania pay____for use of the land. The rental price of land is much lower in central Pennsylvania than in more densely populated areas like Rittenhouse Square. One possible explanation for this rent difference is that highly productive land is in low____.
Some entrepreneurs decide to build parking lots in Rittenhouse Square. The supply curve for land to be used for parking lots is_____.

Answers

The supply land in central Pennsylvania is perfectly inelastic, buyers in central Pennsylvania pay an interest rate for land use.

The rental price is lower in central Pennsylvania than Rittenhouse Square. One possible explanation for this rent difference is that highly productive land is downward sloping.

Some entrepreneurs decide to build parking lots on Rittenhouse Square. The supply curve for land to be used in parking lots is upward slopping.

Perfectly inelastic supply corresponds to one in which the demand curve is vertical, that is, the quantity demanded does not respond very strongly to price changes.

Buyers pay an interest rate for the use of the land, as the quantity demanded does not change if the price changes.

The rent price in central Pennsylvania is lower than in the Rittenhouse Squar due to the downward sloping curve that corresponds to lower interest expectations in the future, due to the elasticity of the supply.

The construction of parking lots in Rittenhouse Square is upward sloping because of the response to the profit that entrepreneurs hope to achieve in a perfectly elastic market.

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Richard's Sporting Goods reports net income of $100,000, net sales of $500,000, and average assets of $1,000,000. The return on assets is:

Answers

Based on the information given the return on assets is: 0.1 times.

Using this formula

Return on assets=Net income/Average assets

Where:

Net income=$100,000

Average assets=$1,000,000

Let plug in the formula

Return on assets=$100,000/$1,000,000

Return on assets=0.1 times

Inconclusion the return on assets is: 0.1 times.

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Because self-managed teams were established at the Kinex plant, the number of electrical components produced has increased by 12% and workers seem to have more positive attitudes. Which statement is most likely TRUE about the self-managed teams at Kinex

Answers

The statement that is likely true about self-managed teams at Kinex is that self-managed teams generally control all of their own administrative tasks, including hiring and firing employees.

Self-managed teams made productivity increase and workers have more positive attitudes at Kinex, as this method of management ensures greater autonomy and authority for teams, making work more flexible, faster and more cooperative.

Therefore, self-managed teams are capable of increasing employee development, valuing work, motivation and, consequently, productivity.

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Mars Mission Inc. is a regulated publicly held corporation. Under the Securities Act of 1934, Mars is required to a. engage in market surveillance to deter undesirable practices. b. disclose information about its organization and financial situation. c. contribute to the operations of national stock exchanges. d. all of the choices.

Answers

Mars Mission Inc. which us a regulated publicly held corporation, were required to  B: disclose information about its organization and financial situation. Under the Securities Act of 1934.

The Securities Exchange Act of 1934 was set up  to oversee securities transactions that are related to secondary market.

And to ensure greater financial transparency and  accuracy and this is what is expected from Mars Mission Inc which is under this act.

Therefore, option B is correct.

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What is not a task of a bank?

Answers

they arent obligated to be real people.

The following which is not a task of the bank is that they are responsible for the conduct of monetary policy. Thus, option 'C' is the correct option.

What are the basic functions of banks?

A bank's role is to gather public deposits and lend those deposits for the growth of commerce, industry, trade, and agriculture. Bank gets interest on loans and advances from depositors at greater rates than it pays to depositors. The primary duties of banks include safeguarding, transferring, lending, and trading money in a variety of ways, as well as determining the creditworthiness of their clients.

People can borrow money from the bank at a time-interest rate. The bank approves each loan amount after giving it careful thought and protecting its profit. Additionally, the bank offers its clients advances. These are also the main roles that banks play.

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Probably, the complete options are:

a) they bring together savers and borrowers.

b) safe places for people to store their wealth.

c) they are responsible for the conduct of monetary policy.

d) they help to facilitate trade by providing alternative methods of payment.

Alo Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in black and white. Another model, the deluxe model, is a color printer-scanner-copier. For the coming year, Alo expects to sell 90,000 regular models and 18,000 deluxe models. A segmented income statement for the two products is as follows:
Regular Model Deluxe Model Total Sales
$13,500,000 $12,240,000 $25,740,000
Less: Variable costs 8,100,000 7,344,000 15,444,000
Contribution margin $5,400,000 $4,896,000 $10,296,000
Less: Direct fixed costs 1,200,000 960,000 2,160,000
Segment margin $4,200,000 $3,936,000 $8,136,000
Less:Common fixed costs 1,500,800
Operating income $6,635,200
Required:
1. Compute the number of regular models and deluxe models that must be sold to break even. Round your answers to the nearest whole unit. Regular models units Deluxe models units
2. Using information only from the total column of the income statement, compute the sales revenue that must be generated for the company to break even. Round the contribution margin ratio to four decimal places. Use the rounded value in the subsequent computation. (Express as a decimal-based amount rather than whole percentage.) Round the amount of revenue to the nearest dollar.

Answers

1. The break-even points in sales units are computed as follows:

Break-even point (in units) = Direct fixed cost/contribution margin per unit

Regular model = 20,000 units ($1,200,000/$60)

Deluxe model = 3,529 units ($960,000/$272)

2. The Alo Company's Sales revenue to break-even, company-wide, is computed as follows:

Sales Revenue at break-even point:

= Fixed costs/Contribution margin ratio

= $3,660,800/40%

= $9,152,000

Data and Calculations:

                                         Regular Model   Deluxe Model           Total

Expected sales quantity             90,000               18,000             108,000

Sales                                    $13,500,000     $12,240,000     $25,740,000

Less: Variable costs               8,100,000         7,344,000        15,444,000

Contribution margin           $5,400,000       $4,896,000     $10,296,000

Less: Direct fixed costs         1,200,000            960,000         2,160,000

Segment margin                $4,200,000       $3,936,000       $8,136,000

Less:Common fixed costs                                                         1,500,800

Operating income                                                                  $6,635,200

Selling price per unit                  $150                   $680 ($12,240,000/18,000)

Variable costs per unit                $90                   $408 ($7,344,000/18,000)

Contribution margin                    $60                   $272 ($680 - $408)

Contribution margin ratio for the company = 40% ($10,296,000/$25,740,000 x 100)

Company total fixed costs = $3,660,800 ($2,160,000 + $1,500,800)

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Baker Corp. pays a constant $1.8 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 5 percent, what would the current share price be

Answers

Answer:

1.8 divided by 15 easy

Explanation:

0. somthing

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