Why are businesses in monopolistic competition interdependent

Do you believe the decision to start a new

Bad White [126]

I believe that it depends on the individuals skills if they match up well enough to the qualities of starting a business and they must know the risk they are taking with a new business so in most cases I think people should continue to look for employment

6 0

3 years ago

Antonia Clark, the Senior Marketing Manager of Tough Mudder, talks about how operations teams, creative teams, and merchandising

Dmitrij [34]

It would be a functional team effort

6 0

3 years ago

Sheffield Corp. is starting business and is unsure of whether to sell its product assembled or unassembled. The unit cost of the

son4ous [18]

Answer:

The correct decision would be to process further before product is sold

Explanation:

Profit if the product is sold un-assembled

Selling price $135

cost of un-assembled product ($60)

Profit on un-assembled product $75

Profit if the product is further assembled before sale

Selling price $170

Cost of un-assembled product ($60)

Cost of assembling product ($25)

Profit if the product is assembled $85

The profit increased by $10 if the product is further assembled before it is sold.

Hence the best course of action would be to further assemble the product before it is sold

7 0

3 years ago

It is necessary for all economic systems to provide people with goods and services and also restrict them from getting as much o

solong [7]

Answer:

The correct answer is: reduce; not as highly valued as others.

Explanation:

All the economic systems must provide people with the goods and services that they want and need. But it is also necessary to limit them from getting as much as they wish.

This is because providing as many goods and services as they want may lead to a reduction in efficiency. Economic efficiency is achieved when resources are allocated in such a way that there is no wastage and resources are allocated to most valued use.

If the economic systems do not restrict the production of goods and services as much as they want it may lead to the production of those goods and services that are not as highly valued as others. This will cause wastage of resources, thus reducing the economic efficiency of the system.

8 0

3 years ago

J. Morgan and M. Halsted are partners who share income and loss in a 3:1 ratio. After several unprofitable periods, the two part

Elina [12.6K]

Answer:

cash 110,000 debit

land 100,000 credit

gain at disposal 10,000 credit

--to reocrd teh sale of land--

accounts payable 80,000 debit

cash 80,000 credit

--to record the payment of liabilities--

gain at disposal 10,000 debit

Morgan 7,500 credit

Halsted 2,500 credit

--to distribute the gain from sale--

Morgan 22,500

Haslted 7,500

Cash 30,000

--to liquidate the partnership--

Explanation:

ratio 3:1 (3+1=4)

Morgan 15000 share of 3/4 = 75%

Halsted 5000 share of 1/4 = 25%

there is gain of 10,000 in the sale distribute as follow

Morgan 10,000 x 75% = 7,500

Halsted 10,000 x 75% = 2,500

Now we close the account against cash

8 0

3 years ago