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stepan [7]
2 years ago
5

Essay of market structure

Business
1 answer:
ASHA 777 [7]2 years ago
4 0

Market structure serves as the way the industries in the market are been classified.

<h3>What is Market structure ?</h3>

Market structure can be regarded as a structure that is used in the classification of different industry that made up a market.

The types of market structures are:

  • perfect competition
  • oligopoly market
  • monopoly market
  • monopolistic competition.

These classification is usually done base on based on their degree and nature of competition of that industry.

Learn more about  Market structure here: brainly.com/question/3010212

#SPJ1

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Which of the following most directly made possible the ideas described in the excerpt? The emergence of monopolies that dominate
Nataliya [291]

Answer:

innovations including textile machinery, steam engines, and interchangeable parts

Explanation:

7 0
2 years ago
The following selected account balances are provided for Delray Mfg. Sales $ 1,165,000 Raw materials inventory, beginning 35,000
katovenus [111]

Answer:

Cost of goods manufactured = $562,050

Explanation:

                    Delray Manufacturing

 Schedule of cost of goods manufactured

 For the current year ended December 31

Beginning Raw materials inventory        $35,000

Add: Raw materials purchases               <u>$184,800</u>

<em>Raw materials available for sale             $219,800</em>

<u>Less: Ending Raw materials inventory    $(40,100)</u>

Direct materials used                           = $179,700

<u>Direct labor                                              $249,000</u>

Primary cost                                            $428,700

<em>Add: Factory Overhead</em>

Factory supplies used           $16,000

Indirect labor                           48,000

Repairs—Factory equipment    5,250

Rent cost of factory building  <u>52,000                      </u>

<em>Total factory overhead cost                    </em><u><em>$121,250</em></u>

Total manufacturing cost                     $549,950

Add: Beginning work-in-process             $58,500

<u>Less: Ending work-in-process                $(46,400)</u>

Cost of goods manufactured              $562,050

8 0
3 years ago
What is a credit score ​
SVEN [57.7K]

Answer:

a number assigned to a person that indicates to lenders their capacity to repay a loan.

hope this helps :)

5 0
3 years ago
As part of the overall systems engineering process, there are three software engineering/development approaches. When using the
shusha [124]

When using the Waterfall Approach, development activities are performed in order, with possibly minor overlap, but with little or no iteration between activities.

Explanation:

There is a seamless execution of software operation with perhaps a slight variation, but little or no repetition. User standards are identified, requirements are described and the whole system is designed, intended and tested at one moment in time for ultimate delivery.

A document-based approach better suited to structures of strongly precedent and reliable requirements.

Sometimes referred known as the great linear and sequential model, the waterfall model is also quite linear and sequential for the activity flow in this model, as its title suggests.

4 0
3 years ago
dupe's age and olu's add upto 25 years. Eight years ago , dupe was twice as old as olu. how old are they now?​
Bas_tet [7]

Dupe's present age = 14 years

Olu's present age = 11 years

Explanation:

  • Let Dupe's age be x. Let Olu's age be y. Since their ages add up to 25 years, x + y = 25
  • Eight years ago Dupe's age was double that of Olu's age. Solving by simultaneous equations. Four methods are Elimination Method, Graphical Method, Substitution Method, and    Matrix Method. Let us try out Elimination method for solving a pair of simultaneous linear equations that reduces one equation to one that has only a single variable. Once this has been done, the solution is the same as that for when one line was vertical or parallel.
  • Therefore, eight years ago, Dupe's age was 6 and Olu's age was 3 so that x=2y becomes, 6=2*3. Eight years hence, x=6+8=14 and y=3+8=11. That makes, x or Dupe's age as 14 years and y or Olu's age as 11 years.  
6 0
3 years ago
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