would burger king hamburgers or lady gaga mp3s have a deadweight loss smaller relative to the total surplus in its market?

Answers

Answer 1

Competition do exist between firms. For Burger King hamburgers, I will expect deadweight loss to be smaller relative to the total surplus in its market.  This is because the less differentiated products are known to be more difficult to sustain its inefficient prices and the much smaller deadweight loss it has.

Burgers are known to be  less differentiated product and it  need to advertise so as to convince consumers that they should have one burger over another.

Consumers are said to be more indifferent about fast-food. The entry of new firms affects profits by forcing business rivals to compete.

Learn more from

https://brainly.com/question/23491984


Related Questions

Need help with now/ASAP!

Answers

Answer:

You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many
conversations with friends can he have to efficiently use his time?
OO
01
04
06

Answers

To efficiently use his time, the number of conversations with friends Pete can have is 4.

The Production possibilities curve shows the different ways goods and can be combined so resources are fully utilised. The PPC is concave to the origin.

Points on the curve indicate efficient production.  Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources . Points inside the production possibilities curve means that the nations resources are not being fully utilised.

If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.

To learn more, please check:https://brainly.com/question/14293257

A wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn ________ per year.

Answers

Answer:

12,000

Explanation:

A wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn $12,000 per year.

What is wage?

The term wage refers to the payments made to employees or labor as compensation for their services. Daily, weekly, and monthly are the norm. The wages are paid on a daily, weekly, or according to the work basis. The wages are the expenses of the business.

According to the given was the amount are the wage was the increased the per year in the $3000. There was the subjective in the people are the increased the well-being into the people are the collection was the wage are the $12,000 per year in the currently to the earn.

As a result, the wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn $12,000 per year. Therefore, option (a) is correct.

Learn more about on wage, here:

https://brainly.com/question/13847060

#SPJ5

Your question is incomplete, but most probably the full question was.

a. $12,000b. $40,000c. $25,000d. $75,000

The key characteristics of a monopolistically competitive market structure include:

Answers

Many small (relative to the total market) sellers acting independently.

A monopolistically competitive market is a market structure where there are many producers of similar products but each firm can differentiate their own products.

In a monopolistically competitive market, entry into the markets are low. This means that there are no barriers to entering and exiting the market for sales purposes.

Thus, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.

learn more at : https://brainly.com/question/25717627

Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimberly because she had done a good job setting up the company's new accounting system. Jonah is very satisfied with Kimberly's work and feels that the fees she charges are quite reasonable. Kimberly would be classified as a(n)

Answers

Licensed professionals who indulge in preparing financial documents for individuals, organizations and business are called public accountant. Hence, Kimberly would be classified as a public accountant.

Based on the description given which involves the various tasks undertaken by Kimberly while working for Jonah, such as preparation of tax income forms and various financial documents.

Here, Jonah is Kimberly's client and she will be classified as a public accountant.

Learn more : https://brainly.com/question/25698053

When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.) Multiple select question. adding the preferred stock balance to total stockholders' equity subtracting preferred stock dividends from net income subtracting the preferred stock balance from total stockholders' equity adding the preferred stock dividends to net income

Answers

With both common and preferred stocks, the company's ROE must be adjusted by B. subtracting preferred stock dividends from net income and C. subtracting the preferred stock balance from total stockholders' equity.

ROE means Return on Equity.  It refers to the financial measure that determines the profitability of Common Stockholders' investments versus the profits due to them.

Thus, to arrive at the ROE, the preferred stock dividends must be deducted from the net income, and the resulting figure is divided by the balance of the total stockholder's equity after subtracting the preferred stock.

Learn more: https://brainly.com/question/18068539

Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in

Answers

Answer:

Consultative

Explanation:

I did this question

The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an example of

Answers

Claims that drop-out rate has increased because more women have taken jobs in the workplace is an example of false cause fallacy.

A false cause fallacy is said to occur in a statement because the link between the premises and conclusion does not even exist.

Here, phrase one is "high school drop-out rate has increased" and phrase two is "because more women have taken jobs in the workplace"

If we assess the two phrase, we will observe that their is no link between the statement to facilitate a valid conclusion because when woman taking jobs in workplaces can not result to increase in drop rate in high school.

Therefore, it is an example of false cause fallacy.

Read more about this here

brainly.com/question/6987057

When the federal reserve announces that it is increasing the federal funds rate, it is actually going to ___________.

Answers

The federal funds rate is commonly described as the target interest rate that has been fixed by the Federal Open Market Committee (FOMC). When the federal reserve announces that it is increasing the federal funds rate, it is actually going to sell bonds on the open market until the federal funds rate rises the new target.

The target interest rate is often the rate at which commercial banks do borrow and lend their excess reserves to one other.

The FOMC often meets eight times a year so as to set the standard federal funds rate.

The Federal government announces a new federal funds rate. It takes place through buying or selling bonds to influence interest rates. fed do sells bonds, and as a result the bond prices fall and interest rates rise.

Full question below

When the federal reserve announces that it is increasing the federal funds rate, it is actually going to ___________.

A. Require that banks pay higher interest rates to each other

B. Change the law on the federal funds rate

C. Buy bonds on the open market until the federal funds rate rises to the new target

D. Sell bonds on the open market until the federal funds rate rises the new target

Learn more from

https://brainly.com/question/15601362

when a bank says their savings account earns 1% APY interest, that typically means you will earn 1% interest over what period of time
A. monthly
B.Daily
C. Annually
D. Quarterly

Answers

Answer:

A.number monthly. i think

A company's biggest vulnerability in employing a best-cost provider strategy
A. relying too heavily on outsourcing.
B. getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.
C. getting trapped in a price war with low-cost leaders.
D. being too timid in cutting its prices far enough below high-end differentiators many of their customers.
E. not having a sustainable distinctive competence in cost reduction.

Answers

Answer:

B - Getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.

Explanation:

A company's biggest vulnerability in employing a best-cost provider strategy, getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Thus, option (b) is correct.

What is strategy?

The term strategy refers to the plan for the company growth. The market are the based of the so many companies are the different company are the different strategy. The strategy is the measure, the following the points are the related to the advantages and the disadvantages of the plan. The perfect strategy is the perfect advantage.

It was the company's biggest strategy was the vulnerability in employing a best-cost provider of the low cost of the provider are the best strategy to the high-end differentiation strategies. There are the firms the low cost are the more profit. The strategy are in the perfectly to the implement.

As a result, a company's biggest vulnerability in employing a best-cost provider strategy getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Therefore, option (b) is correct.

Learn more about on strategy, here:

https://brainly.com/question/15285486

#SPJ2

Your friend, Alicia, is a graduating senior about to head to college in the fall. Alicia has a single checking account and is eager to open a savings account. After reading this article, she is inspired to open up multiple savings accounts to work towards her goals. Do you think it’s a good idea for Alicia to do so? Why or why not?

Answers

Answer:

It is good

Explanation:

Alicia would have an easier time splitting money and saving money towards different goals. Such as putting 40% of your paycheck into savings and splitting the 40% into 10% for each savings account.

As the number of sellers in an oligopoly becomes very large, a. the price effect is magnified. b. the quantity of output approaches the socially efficient quantity. c. the price approaches the monopoly price. d. the quantity of output approaches the monopoly quantity.

Answers

As the number of sellers in an oligopoly becomes very large, the quantity of output approaches the socially efficient quantity.

An Oligopoly is when there are few large firms operating in an industry.  

Characteristics of an oligopoly:

Firms set the price for their productProducts are differentiated The demand curve is downward sloping There is a high barrier to entry and exit of firms into the industry.

As the number of firms increase in an oligopoly, the quantity and price approaches what would exist in a perfect competition. As the number of firms in an oligopoly decreases, the price and quantity produces approaches that would be exist in a monopoly.

To learn more about oligopolies, please check: https://brainly.com/question/14136347

1. An advantage of gig work is...
A. constant workload
B. flexible work hours
C. paid sick leave
D. reliable income

2. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as
A. a branch
B. a division
C. an exchange
D. a franchise

Answers

An advantage of gig work is flexible work hours. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as a franchise.

Those who seek to combine work and home life or who have other responsibilities may find that gig employment, which often gives workers greater freedom over their schedule and allows them to work on a project basis, is suitable. Nevertheless, as these are not typically guaranteed in gig arrangements, they might not offer a steady workload, paid sick time, or dependable income.

A franchise system allows for the use of a franchisor's business model, brand, and support networks in exchange for an upfront fee and recurring royalties paid by the franchisee to the franchisor in the franchise. Although the franchisee runs their business independently, they are required to abide by certain standards and regulations imposed by the franchisor.

Gig work is a word used to describe income-generating activities that don't include regular, ongoing employer-employee interactions. Companies are increasingly offering temporary employees short-term work, and the employees—known as gig workers—accept these gigs.

To learn more about franchise, click below:

https://brainly.com/question/29845631

#SPJ1

Answer: It is flexible work hours and reliable income... But it is most likely B

Explanation: Sorry if this is wrong but I am 99 percent sure it is B

The era in marketing history characterized by the notion that the consumer is king is known as the ________ era.

Answers

Answer:

The Selling Era

Kotler refers to this as businesses "selling what they make, rather than making what the market wants to buy." ... Selling-era tactics can be risky for companies, as the hard sell can turn off consumers, perhaps even push them into the arms of a competitor.

Explanation:

Select this link to view the North American Free Trade Agreement Preamble. How does this agreement help the nations involved? Check all that apply. It reduces barriers to trade. It coordinates trade with other trade agreements. It promotes industry development and trade. It requires environmental protection. It builds up a common military. It protects workers’ rights.

Answers

The North American Free Trade Agreement (NAFTA) helps nations involved in that:

It reduces barriers to trade. It promotes industry development and trade.It requires environmental protection.It protects worker's rights.

The NAFTA was mostly a trade agreement which means that it is meant to reduce the barriers that member countries have in trade as well as promote facilities that encourage trade such as industrial development.

It then goes further to require that the environment be protected by member states and that workers be treated fairly with all appropriate rights.

In conclusion, the NAFTA was a comprehensive trade agreement that did a lot of things.

Find out more at https://brainly.com/question/14266212.

Answer:

1, 3 ,4 , and 6

Explanation:

I got it right on edge , good luck guys:)

Over the last fifty years both real GDP and prices have trended upward in most countries. Continuing real GDP growth and inflation can be explained by

Answers

The continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.

Every country have improved massively especially in production of goods and services because of technological progress

Also, an increase in money supply are achieved because of various effective economic policies implemented by the economic team of many countries.

Hence, the Option C is correct because the continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.

The missing options includes "a. continuing technological progress alone. b. continuing increases in the money supply alone. c. continued technological progress and continuing increases in the money supply. d. None of the above can explain continuing real GDP growth and inflation."

Read more about this here

brainly.com/question/15056897

What is the largest source of a income for banks

Answers

Answer:

Interest income

Explanation:

Answer:

goverment

Explanation:

they create the money from paper

The consumer buying decision process involves _______ stages. The first stage is ____________, and the last stage is _____________.

Answers

Five; problem recognition; post- purchase behavior.

The decision-making process for consumer purchases has five stages. Problem recognition is the first step, and post-purchase behavior is the last.

What is a decision-making process?

The process of choosing a course of action involves identifying a decision, acquiring data, and weighing potential answers. By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions.

By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions. By using this strategy, one have a better chance of selecting the option that will satisfy one the most.

Here, effective decision-making is defined as the procedure by which options are chosen and then managed through execution to meet organisational goals.

Effective decisions are the outcome of a methodical procedure that has aspects that are precisely specified and is handled in a specific order.

Learn more about decision-making from here:

https://brainly.com/question/19901674

#SPJ2

50 POINTS

Abdul works as a regulator at the Bereau of consumer protection. His agency makes sure consumers are treated fairly. What task might be part of Abduls job at his agency?

A. Drawing up ideas for the new city park
B. drafting a proposal for the state government budget
C.recording information about fraudulent business
D.meeting with heads of state to discuss trade

Answers

Answer:

the answer is D

Explanation:

It is essential to hold a meeting in order to learn about the progress of your business and the attitudes of your employees during work. Although you may think that your employees are treated fairly, this may not be the case at all. so have a face-to-face meeting with your employees and ask them if they are satisfied with the job.If you are the boss you treat your employees fairly if you are not the boss . in cases of unfair treatment you should have a meeting with the boss

Answer:

C

Explanation:

He is consumer protection and a fraudulet means like scams or fraud.

Question down below, Please answer if you know :)

Answers

Answer:

d

Explanation:

assets are what give u profit so a loan would be an asset for the person giving the loan.

Acme Model Trains started the year with $10,000 worth of model trains in inventory. During the year, it purchased $5,000 more model trains. By the end of the year it sold a total of $7,500 in model trains. Calculate the cost of goods sold using the handout from class or the information provided in Chapter 14.

Answers

Based on the information given the cost of goods sold is $7,500.

Using this formula

Cost of goods sold=Starting inventory + Purchases − Ending inventory

Where:

Starting inventory=$10,000

Purchases=$5,000

Ending inventory=$7,500

Let plug in the formula

Cost of goods sold=$10,000+$5,000-$7,500

Cost of goods sold=$7,500

Inconclusion the cost of goods sold is $7,500.

Learn more about cost of goods sold here:https://brainly.com/question/24561653

Beverly, the manager of a branch location of a large law firm, purposely controls company resources as if they were her own and encourages continued development and training of her employees. She cares about the staff deeply and even organized international volunteering activities to promote their growth. Beverly could best be described as which type of leader

Answers

Based on the given scenario Beverly could best be described as servant leader.

A servant leader is a type of leader that is has the best interest of their organization or company and employee on mind.

They are more concern about the wellbeing and the need of their employee and they tend to show support or render support to their employee.

A servant leader often show empathy and they help people to develop as well as encourage the development, growth and training of their employee or people.

Inconclusion Beverly could best be described as servant leader.

Learn more about servant leader here:https://brainly.com/question/14281455

Linda is having trouble in her economics class. Although she understands the material, she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand. Which condition is Linda most likely struggling with

Answers

Based on the information given, the condition that Linda is most likely struggling with is writing disorder.

From the information given, it was stated that Linda is having trouble in her economics class and that she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand.

The above shows that she has a writing disorder. It's also referred to as dysgraphia. It's when an individual has problems with writing. This has a negative impact on the grade of such a person.

Read related link on:

https://brainly.com/question/25628373

The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to:

Answers

Answer:

Select the course of action

Explanation:

Because it’s the next step after collecting relevant information and evaluating each alternatives

The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to select the course of action.

What is the decision-making?

The process of deciding what to do involves identifying a problem, acquiring data, and weighing potential answers. The value of decision-making comes in how it aids you in selecting among many possibilities.

Group decision-making is preferable when there is sufficient time and the potential consequences of a choice are considerable since it allows the opportunity for all members to contribute their best ideas.

Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process. The best options are selected, and a course of action is decided.

Learn more about  decision-making, here:

https://brainly.com/question/16407152

#SPJ2

Many online stream services allow customers to use their service of limited for 30 days. This strategy tries to increase the diffusion of a new format of using the service through increasing ________.

Answers

Answer:

trialability

Explanation:

trialability is the strategy used to try to increase the diffusion of new format using the service

keitaro, a university administrator, needs to send an official memo to the directors of the registration, advising, and financial aid divisions, as well as their supervisors. to determine who should receive his memo, keitaro consults the

Answers

Based on the information given to determine who should receive his memo, keitaro consults the organization chart.

Organizational chart is a chart that help to illustrate a company or organization structure based on their rank and the job responsibilities assign to each one of them.

Based on the information given using the organization chart is the best as this will enable the university administrator to identify the right person to receive the official memo.

The university organization chart will show the person to receive the memo based on the rank and workload designated to each individual on the chart.

Inconclusion  to determine who should receive his memo, keitaro consults the organization chart.

Learn more organization chart here:

https://brainly.com/question/25296906

A report that details prevention, appraisal, internal failure, and external failure costs is called a ________.

Answers

Answer: quality cost report

Explanation:

I just checked it and got it right.

the definition of workplace teams includes the requirement that team members _____.

Answers

Explanation:

I dont know sorry have a good day

You work as the inventory manager at a golf pro shop. The club pro has reviewed and approved a new golf club collection, and you proceed to complete the purchase by negotiating a price and finalizing paperwork with the manufacturer. In this scenario, you are in the role of ______. Multiple choice question. influencer initiator user buyer

Answers

Answer:

Buyer

Explanation:

I did this question

Other Questions
cual es el sentido de la vida xd Find the volume v of the solid obtained by rotating the region bounded by the given curves about the specified line. Y = 27x3, y = 0, x = 1; about x = 2. - Piensa en otro animal que tenga tentculos o pico. Cmo usa estas estructuras paramoverse y para atrapar su alimento? Identify the incorrectly punctuated sentence. (1 point) Daniel received two, expensive parking tickets. O He drives his father's big new car. Danielhas dark brown hair: He also has a bright, cheerful smile. Say that you look at the nuclei of 100 skin cells taken from the same person. About how many of these skin cells would you expect to be in interphase Katie jogged a total distance of 8 and 1 over 2 miles during the months of January and February. If Katie only jogged 1 over 4 mile every day, which expression shows the number of days she went jogging? (1 point)Group of answer choices8 and 1 over 2 1 over 48 and 1 over 2 1 over 48 and 1 over 2 + 1 over 48 and 1 over 2 1 over 4Flag question: Question 4 An estimated 70% of cases of foodborne illness are either undiagnosed or misdiagnosed because they are caused by ______, which are difficult to detect. A comparative balance sheet for Lomax Company containing data for the last two years is as follows: Lomax Company Comparative Balance Sheet This Year Last YearAssets Current assets: Cash and cash equivalents $ 91,000 $ 66,000 Accounts receivable 630,000 660,000 Inventory 632,000 440,000 Prepaid expenses 26,000 15,000 Total current assets 1,379,000 1,181,000 Property, plant, and equipment 2,470,000 1,880,000 Less accumulated depreciation 639,000 578,000 Net property, plant, and equipment 1,831,000 1,302,000 Long-term investments 122,000 190,000 Loans to subsidiaries 140,000 80,000 Total assets $ 3,472,000 $ 2,753,000Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 902,000 $ 590,000 Accrued liabilities 37,000 60,000 Income taxes payable 159,000 134,000 Total current liabilities 1,098,000 784,000 Bonds payable 720,000 460,000 Total liabilities 1,818,000 1,244,000 Stockholders' equity: Common stock 1,130,000 1,020,000 Retained earnings 524,000 489,000 Total stockholders' equity 1,654,000 1,509,000 Total liabilities and $3,472,000 $2,753,000 stockholders' equity The following additional information is available about the company's activities during this year: a. The company declared and paid a cash dividend this year. b. Bonds with a principal balance of $400,000 were repaid during this year. c. Equipment was sold during this year for $80,000. The equipment had cost $170,000 and had $64,000 in accumulated depreciation on the date of sale. d. Long-term investments were sold during the year for $150,000. These investments had cost $68,000 when purchased several years ago. e. The subsidiaries did not repay any outstanding loans during the year. f. Lomax did not repurchase any of its own stock during the year. The company reported net income this year as follows: $3,400,000 2,108,000 1,292,000 1,036,000 256,000 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: Gain on sale of investments Loss on sale of equipment Income before taxes Income taxes Net income $ 82,000 (26,000) 56,000 312,000 100,000 $ 212,000 Required: Using the indirect method, prepare a statement of cash flows for this year. (List any deduction in cash outflows as negative amounts.) Lomax Company Statement of Cash Flows Operating activities: 0 0 Net cash provided by operating activities Investing activities: 0 Net cash provided by investing activities Financing activities: 0 0 Beginning cash and cash equivalents Ending cash and cash equivalents $ 0 The scale factor from A DEF to A ABC is654.5 for what reasons did the early rock n roll scene almost disappear toward the end of the 1950s? select all that apply. Based on the article how might a declining population cause people to change jobs or move to new areas What is an allele? View Available Hint(s)for Part A a variety of pea plant used by Mendel an alternative version of a gene the recessive form of a gene the dominant form of a gene a type of chromosome Write equation for the graph Linear or nonlinear: why? I promise I'll give brainliest. Thanks!Southerners were concerned that Northerners were going to place restrictions on the sale of ___ at bargain prices. The solution to 3(x 8) + 4x = 8x + 4 is *1. 122. 283. -124. -28 Calculator(4y + 10What is the value of y?Enter your answer in the box.759(3x)By = Croquet ball A moving at 8.3 m/s makes a head on collision with ball B of equal mass and initially at rest. Immediately after the collision ball B moves forward at 6.4 m/s .What fraction of the initial kinetic energy is lost in the collision? Solve by substitution.x-2y=22x-5y=3I give BrainliestPlease explain step by step. Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.Online Content: Site 1 Describe tectonic plates and explain how they float on the Earths surface (what do they float on and what causes their movement). (site 1)