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Do mergers between firms producing similar goods and services always benefit consumers?
Wiki User
∙ 12y ago
No. They CAN, if there is a redudancy in fixed costs which can be pared and spared, but they can also result in a monopoly or, nearly as bad, an oligopoly. These situations tend to raise prices, because the producers are the only (or one of a vew few) game in town, so to speak.
Wiki User
∙ 12y ago
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What is the difference between the revenue that a business gets for its goods and services and the cost of producing the goods and services?
Labor
What are the relationship between goods service and consumers?
Goods are consumer wants and needs that are produced. Services are things that people pay for once and receive something. Consumers spend money on both.
You live in an economy with a circular flow of influences and inputs between producers and consumers Producers make goods and provide services that go to the consumers to be used Prices are determine?
Free market
What are the benefit of commodity exchange?
benefit between commodity exchange
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
How does personality influence consumer behavior?
Personality can influence consumer behavior by affecting preferences, attitudes, and decision-making processes. Individuals with certain personality traits may be more inclined to make impulsive purchases, engage in risk-taking behaviors, or seek out products that align with their self-image. Marketers often tailor advertising and product offerings to appeal to specific personality traits in order to better connect with consumers.
What is the difference between the revenue that a business gets for its goods and services and the cost of producing the goods and services?
Labor
What are the relationship between goods service and consumers?
Goods are consumer wants and needs that are produced. Services are things that people pay for once and receive something. Consumers spend money on both.
You live in an economy with a circular flow of influences and inputs between producers and consumers Producers make goods and provide services that go to the consumers to be used Prices are determine?
Free market
How much money do consumers earn?
The definition of a consumer is a person who uses goods and services. From this definition, consumers don't earn any money. They pay money to buy these goods and services. In the real world, everyone is a consumer, so you could argue that a consumer can earn anywhere between no money and an infinite amount.
Define the relationship between primary consumers and secondary consumers?
Between that of a Primate and a Scavanger
Describe the difference between how producers and consumers use cost-benefit analysis?
Producers do the same thing, though there are some important differences. For one thing, businesses consider benefits and costs just as a consumer does, but only the monetary costs and benefits are relevant to their calculations. Consumers often take into account non-monetary things when doing cost-benefit analysis.
The difference between B2B and B2C?
On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. B2C is (business-to-consumer).
What kind of service does the financial ombudsman have to offer?
A financial ombudsman aids in the settlement of complaints between consumers and businesses that provide finance related services. An example of this would be the settling of complaints between banks and their investors.
What type of services do HMO's offer?
An HMO is a Health Maintenance Organization. They provide services which include health insurance, self-funded health care benefit plans and provides communication between health care providers and individuals.
What is the difference between a wholesale license and a retail one?
A wholesale license enables businesses to purchase from manufacturers. A retail license enable business owners to sell goods and services to consumers.
Differentiate producers from consumers?
You can differentiate between producers and consumers by understanding that producers make their own food. Consumers cannot do that.
