I guess the correct answer is rivalry among existing firms in an industry
Ted works in his family’s bakery business. They supply bread and rolls to neighboring restaurants, and have their own store-front where they sell breads, rolls, pastries, cookies, and cupcakes. Ted thinks he should put free Wi-Fi in the store front (which seats about 15 people).
The idea that reflects one of Porter’s five competitive forces is the rivalry among existing firms in an industry.
B. Insider-outsider model
C. Relative wage coordination argument
Answer:
B
Explanation:
The insider - outsider model explains the influence of the insiders on the firm;s behavior , wages negotiation and the national welfare.
In this context , the set of employees that have been working with the organization are referred to as the Insiders while the newly recruited are the outsiders.
This theory believes that the insiders are more relevant to the firm than the outsiders as they are more experienced in the system and the firm even rely on them to train the outsiders.
Answer:
C) Price would increase and its output would decrease
Explanation:
Negative externality is when the cost of economic activities to third parties exceeds the benefits.
Government can discourage the production of activities that produce negative externality by imposing tax. This type of tax is known as pigouvian tax. This tax increases cost and discourages production and reduces output.
For example, smoking is an activity that produces negative externality by harming non smokers around. Government can impose taxes on cigarettes, this would increase the price of cigarettes. Cigarettes would become more expensive and the quantity consumed would fall and as a result the output of negative externality (smoke) would fall.
I hope my answer helps you.
Answer and Explanation
The south African government is providing Welfare payment which is the amount of money that is paid by the government to someone who is ill, the poor and those people who are jobless. It is the duty of the government to ensure that all its citizens are entitled to the basic human needs and also give them good infrastructure. These are called welfare payments or consumer subsidies. This helps in improving the living standards of its citizens and also in eradicating poverty in the country thus encouraging economic growth in the country.
b. contributions may exceed $2,000.
c. deposits must be in federally-insured accounts.
d. funds are only to be used for education expenses.
Answer:
Your answer is A
Earnings on the account are tax free after five years.
Explanation:
B. Private business owners
C. Entrepreneurs
D. The government
The government, decides how goods and services will be produced in a command economy. Thus, option (d) is correct.
In a command economy, the government sets prices, assigns production targets, manages output levels, and distributes raw materials to businesses. Private ownership of land and capital is nonexistent or very restricted, and the majority of industries are owned by the government.
The government coordinates intricate social and economic systems through a variety of administrative means, including orders, laws, and national objectives. Production of commodities and services that benefit people is prioritized in a command economy.
Therefore, option (d) is correct.
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Answer:
The Government
Explanation:
In a command economy, the government controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public. The government prices and produces goods and services that it thinks benefits the people