In a certain monopolistically competitive market that is characterized by high prices and equally high-quality merchandise, if a firm's competitors begin to successfully introduce new products that cut into the firm's market share, the firm's best counter- strategy is to:

a. introduce few new products in order to meet competitors head on.
b. reduce its advertising budget in order to save costs. look to the government for protection.
c. ignore its competitors and hope its customers' loyalty carry it through the threat.
d. raise prices in order to increase the revenue.

Which ranks these careers that employers are most likely to hire from the least to the greatest?

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?

How are credit unions similar to banks