Answer:
correct answer is Oligopoly
Explanation:
this is an example of Oligopoly
because of Oligopoly
it is a market structure with many small companies and no company keep others by the significant influence
so as the company is characterized by some seller and if one company will increase the price and other company also follow suit
it is an example of Oligopoly
so correct answer is Oligopoly
Economics is the branch of knowledge concerned with the production, consumption, and transfer of wealth.
Economics focuses on the behaviour and interactions of economic agents<span> and how </span>economies<span> work</span>
Answer:
False
Explanation:
The basic cost flow model is used for inventory, and the formula is:
(Starting balance)+(Incoming Cost)-(Outgoing cost) = Ending balance
Starting balance = represents cost of resources that have been used so far.
Incoming cost = represents cost from previous periods.
Outgoing cost = represents cost attributed to goods ready for sale.
Ending balance = is the cost at the end of period under consideration.
So as can be seen in the formula, basic cost flow also involves costs. So the statement is False
