Iz, lauren, odd, and ralph started a t‑shirt company. they can produce any number of t‑shirts at a cost of $ 2 per t‑shirt, both marginal and average. they are the only producers of t‑shirts. as monopolists, they charge $ 20 per t‑shirt and obtain total profits of $ 10,000 . now assume there are creative differences and they split the company in two. lauren and ralph join together and compete against iz and odd. if they compete on quantity, each company would produce 50 t‑shirts and charge $ 12 a t‑shirt. for technical reasons, assume that the quantity demanded is greater than zero for all prices greater than $0.
if, however, ralph and lauren compete directly against iz and odd in prices, the market price for t‑shirts will

One way that marketing mix characteristics differ for organizational buying

Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.