Author Question: Most companies that sell CDs by mail deliver in 1 to 2 weeks. Mosey Music, Inc, takes 4 weeks to ... (Read 75 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
Most companies that sell CDs by mail deliver in 1 to 2 weeks. Mosey Music, Inc, takes 4 weeks to deliver CDs. We should expect that Mosey Music
 a. will lose all its customers
  b. will not lose customers because the good in question is CDs, not the delivery date
  c. will have to charge more for its CDs to make up for the business it loses through slow delivery
  d. will have to charge less for its CDs to compete with firms that deliver CDs faster
  e. will be able to charge the same amount for its CDs as other firms do, as long as the CD quality is the same

Question 2

Firms in a high-wage nation such as the U.S. can compete effectively with imports from low-wage nations if
 a. skill levels are identical in the nations
  b. the U.S. reduces tariffs on imports
  c. low-wage nations impose tariffs on U.S. made goods
  d. labor productivity is higher in the low-wage nation
  e. labor productivity is higher in the U.S.



scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

D

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library