Answer:
Modified rebuy.
Explanation:
The buyer in a modified rebuy wants to change product specifications, price, delivery requirements, or other terms. The out suppliers see this as an opportunity to propose a better offer to gain some business.
Characteristics:
-buyers feel they can make significant advances if they review their buying situation on a regular basis.
-often, changes in styles, materials or even alternative solutions facilitate this review.
-Another reason for modified rebuy is dissatisfaction with present suppliers.
-new supplier was able to find the present supplier´s weaknesses and offered buyers new alternatives to fix their problems.
Answer:
1
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
In a perfect monopoly, there is only one firm operating in the industry
In a monopolistic competition, differentiated products are sold
In an oligopoly, there are few large firms
Answer:
Money Paid
Overall Sacrifice
Explanation:
The two major dimensions of pricing are Monetary and Non- Monetary pricing.
Monetary pricing is the liquid asset like cash that is spent to acquire goods and services while the non monetary are other costs apart from money like time , stress , distance that it costs to acquire an item .
The individual perception of pricing has a way of affecting its choice when it comes to purchasing.
Earl did not consider the cost of stress in travelling 30 miles in order to save a $1 in his purchase decision as his mindset is programmed to the price paid being the real price while most other customers considers the sacrifice involved before making a purchase decision.
Answer:
As per MM proposition total capital would remain same.
which implies share price = (24-12)/2= $6 per share
