Answer:
The correct answer is letter "A": Commodity goods.
Explanation:
A differentiation strategy is an approach adopted by companies to make the goods or services they offered unique compared to their competitors. Most firms tend to use price as the main key to the difference between their products and the competitors'.
Thus, <em>the differentiation strategy is less likely to be applied in commodity goods because they are inherently unique such as oil, natural gas, precious metals or foreign currencies</em>.
Answer:
A. The demand curve shifts to the left
Explanation:
Bread and butter are compliment goods. They offer the consumer a high utility when consumed together. An increase in demand for bread will increase the demand for butter. Changes in the price of bread will affect the demand for butter.
An increase in the price of bread leads to a decrease in demand. Reduction in bread demand means that butter consumption will decline as there will be less bread to apply butter. A decrease in demand will prompt the demand curve to shift inwards.
Answer:
1. <em>Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends</em> - Cumulative Shares
Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.
2. <em>Holders of the stock can receive dividends exceeding the stated rate under certain conditions - </em>Participating Shares
Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.
<em>3. Holders of the stock are not entitled to receive dividends in excess of the stated rate. - </em>Non- Participating Shares
Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.
<em>4. Holders of the stock lose any dividends that are not declared in the current year - </em>Non- Cumulative Shares
If their dividend is not declared in a certain period, they will forfeit that dividend for the period.
All cost decisions it makes during the 30 year period is,
are zero because the cost decisions were made at the beginning of the business
Answer:
Q = 10
Explanation:
Assuming that supply remains the same, the new supply and demand equations are, respectively:
The equilibrium quantity occurs at the point for which the prices in the supply and demand equations are the same:
The new equilibrium quantity is Q = 10.
