Bubble-up, inc., is a small manufacturer of educational toys for children under age 10. it has co-existed with three other competitors in the educational toy industry for over 20 years, each of them maintaining a stable market share. there is a widespread rumor that mega-toy, inc., the market leader in the broad children's toy market, has decided to target educational toys. which of the following statements is most likely true? a. the owners of bubble-up are unconcerned about mega-toy's entry to the market because of the resource dissimilarity between the firms.
b. bubble-up's greater organizational slack will allow it to aggressively attack mega-toy.
c. bubble-up's smaller size may make it more flexible in introducing innovations than mega-toy.
d. competitive rivalry will not increase for bubble-up because mega-toy is not dependent on the educational toy market.

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000