Suppose You Are a Sales Representative for Advanced Micro Devices

question 44

Multiple Choice

Suppose you are a sales representative for Advanced Micro Devices (AMD) in Japan.You are trying to convince Toshiba to buy your company's superfast Opteron microprocessor for its new laptop computer.Toshiba's representative seems interested,but eventually does not actually place an order.Confidentially,the representative tells you that he is afraid that Intel will withhold shipments of its Pentium 4 if he does business with AMD.Thinking about Intel's role in this scenario,which of the following elements of the five forces model is evident here?

• A)barriers to entry
• B)bargaining power of suppliers
• C)bargaining power of buyers
• D)threat of substitute products
• E)threat of new entrants

Explain the valuation process for securities, focusing on stocks and bonds.

Understand the distinction between investing in equity versus debt instruments.

Understand the stages of language development and characteristics of each stage.

Distinguish between productive, receptive, and telegraphic speech in language acquisition.

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Definitions:

Long Run

A period in which all factors of production and costs are variable, allowing for adjustment to changes.

Fixed

In economics, pertains to costs that do not change with the level of output or production, such as rent, salaries, and insurance.

Variable

A quantity that can take on more than one value.

Short-Run Average Total Cost Curve

A graphical representation that shows the average total cost of producing different levels of output in the short run, when at least one input is fixed.