Question

Firm B, a widget maker, collaborates with Firm C, a complementor, to produce widget holders. True...

Firm B, a widget maker, collaborates with Firm C, a complementor, to produce widget holders. True False

Homework Answers

Answer #1

Complementors are businesses that directly sell a product (or products) or service (or services) that complement the product or service of another company by adding value to mutual customers;

The customers who is interested in buying widgets of course needs to buy a widget holder in which the widget will fit and operate. In other words, both widgets and widget holders have same customer base. Sell of widget will not happen without help of widget holder and vice versa. Therefore widgets and widget holders are complementors to each other .

Therefore, the correct answer will be “TRUE “

ANSWER : FIRM B , A WIDGET MAKER COLLABORATES WITH FIRM C , A COMPLEMENTOR, TO PRODUCE WIDGET HOLDERS : TRUE

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Joe is considering the purchase of a new machine that will produce widgets. The widget maker...
Joe is considering the purchase of a new machine that will produce widgets. The widget maker will require an initial investment of $10,000 and has an economic life of five years and will be fully depreciated by the straight line method. The machine will produce 1,500 widgets per year with each costing $2.00 to make. Each will be sold at $4.50. Assume Joe uses a discount rate of 14 percent and has a tax rate of 34 percent. What is...
True or False In liquidation, equity holders claim firm's assets after all creditors. Equity holders are...
True or False In liquidation, equity holders claim firm's assets after all creditors. Equity holders are last in line to other players in the firm, which undermines the incentive for business innovation. Bondholders' upside potential in a firm's profit sharing is capped as opposed to equity holders. NYSE is a primary market. By Dividend Discount Model (DDM), if a company never ever pays any cash in the future, its stock should be worth zero.
Two firms, A and B, both produce widgets. The price of widgets is $1 each. Firm...
Two firms, A and B, both produce widgets. The price of widgets is $1 each. Firm A has total fixed costs of $500,000 and variable costs of 50¢ per widget. Firm B has total fixed costs of $240,000 and variable costs of 75¢ per widget. The corporate tax rate is 40%. If the economy is strong, each firm will sell 1,200,000 widgets. If the economy enters a recession, each firm will sell 1,100,000 widgets. Calculate firm B's degree of operating...
A firm should produce the quantity at which marginal revenue and marginal cost are equal. True...
A firm should produce the quantity at which marginal revenue and marginal cost are equal. True or False
Unbalanced torques produce rotational accelerations, and balanced torques produce rotational equilibrium. A) True; B) False;
Unbalanced torques produce rotational accelerations, and balanced torques produce rotational equilibrium. A) True; B) False;
A total cost curve shows the largest amount of a product a firm can produce with...
A total cost curve shows the largest amount of a product a firm can produce with a minimum cost. True or False
Q)       A stock split has no impact on the value of the firm. a.   True b.  ...
Q)       A stock split has no impact on the value of the firm. a.   True b.   False
A firm begins operations with $300,000 in equity on its balance sheet. The equity holders borrow...
A firm begins operations with $300,000 in equity on its balance sheet. The equity holders borrow an additional $200,000 to purchase assets. The assets produce sales of $1,000,000 and a net profit margin of 10%. Since the firm is growing, it retains all earnings and does not pay dividends. - Calculate ROE - What is the equity balance at the end of the year? - Calculate the sustainable growth rate. Assume no new equity has been issued. - What is...
A pen maker uses labor and capital to produce their pens. They are both normal inputs...
A pen maker uses labor and capital to produce their pens. They are both normal inputs with prices w and r respectively. Initially workers were earning a wage of $10 per hour and capital was paying a rental rate of $8 per hour. If the input prices then changed to w=$7 and r=$6, what would be the substitution effect and scale effect? Would the firm employ more or less labor? more or less capital?
Your firm is considering producing a new variety of widget. You have already test marketed the...
Your firm is considering producing a new variety of widget. You have already test marketed the widgets at a cost of $90,000. You estimate sales will be $500,000 in the first year, $800,000 in the second year, $500,000 in the third year, and zero after three years. To produce the new widgets will require an investment in working capital at year 0 of $50,000. Net working capital will be 20% of sales in years 1 and 2. Labor, materials, and...