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blagie [28]
2 years ago
10

Suppose three companies, Optimax, Megachug, and Thirstoid, dominate the sports drink market. Optimax enjoys the largest market s

hare. Megachug, dissatisfied with its market share, begins offering its sports drink in a new container that, according to Megachug, keeps the beverage colder for a longer period of time. This is an example of:A. Non-price competitionB. A price warC. Price leadership
Business
1 answer:
mario62 [17]2 years ago
4 0

Answer:

Non-price competition

Explanation:

Non-price competition is when producers use other factors other than the price of their good or service to raise the demand for their product.

Optimax is trying to increase its market share by changing the container for its product. This is non price competition.

Price war is when producers lower the price of their goods in an attempt to increase the demand for their product.

Price leadership is when the dominant firm in an industry sets the market price.

I hope my answer helps you

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If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the tex
Lilit [14]

Answer:

C.Greater than 0.75

Explanation:

Given

Cu = $120

Co = $360

We know Probability P <= Cu/(Cu + Co)

P = 120/(120 + 360)

   = 120/480

   = 0.25

P is the probability of unit is will not sold and 1-p is the  probability of unit that will sold

1 - p = 1 - 0.25

       = 0.75

probability of the last unit being sold should be greater than 0.75

8 0
2 years ago
Imagine you are the director of global business development for a large Swedish engineering company that wants to win a contract
Nesterboy [21]

Answer: I would reject his demand for bribe straight away and i will recommend senior management to protect business ethics at all cost.

Explanation: first of all i would not accept the demand of bribe from the official and would try to report this corruption to the concerned authorities.I would try to pressure the authorities to take strict actions against the official and to make the process to be fair and honest in every way.

I as a representative of my company would recommend senior management to take hands off from the project until appropriate actions are taken by the authority as getting into unethical actions might result in problems in future .

5 0
1 year ago
Van and her brother Trung both own homes valued at $175,000. Both pay property taxes at 1.25% and pay annual taxes of $2,187.50.
Alecsey [184]

Answer: Van's property tax will increase.

Trung's property tax will be less than Van's.

Trung's property tax will increase.

Explanation: Van’s property tax will increase because the value of his home is expected to increase more than Trung’s property value. Since Van’s property value is increasing and increasing more than Trung’s, Trung’s will be less than Van’s. Trung’s property tax is increasing due to the value increasing.

3 0
2 years ago
Read 2 more answers
Would firms have an incentive to change their level of production if input prices adjusted immediately to output price changes?
statuscvo [17]
Firms have<span> no</span>incentive<span> to </span>increase production<span> to take advantage of higher prices </span>if<span> they simultaneously face equally higher resource prices. So the answer to this question is No. </span>The<span> availability and productivity of real resources is reflected </span>in the<span> prices of inputs, and </span>in the<span> long run these </span>input prices<span> (including wages) </span>adjust<span> to match </span><span>changes in the price level.</span>
7 0
2 years ago
explain why the percentage of poeple with $300,000 or more increase so substantially across the age groups​
Tpy6a [65]

Because in <u>accumulation of wealth, older people have an advantage</u>.

Explanation:

Older people tend to have more money simply because:

<u>1. they have had longer careers and hence are expected to have better salaries with better positions</u>

<u>2. they have had more time to save up capital and invest.</u>

Every age group chronologically is more able to collect money in their working years. Young people starting their careers are less likely to be able to accumulate wealth to have a worth that much.

8 0
2 years ago
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