All categories

3 years ago

For which market structure do economists have the least precise model of price determination?

1 answer:

4 0

The market structure for which economists have the least precise model of price determination is oligopoly.

Oligopoly is a market structure in which a small number of firms has the large majority of market share.

You might be interested in

TUMI brand briefcases are very expensive, high-end briefcases that are generally sold in specialty luggage shops. Which of the f

myrzilka [38]

Answer:

B. Executives

Explanation:

Option E is wrong. Students do not need high-end briefcases for school or other tasks.

Option D is incorrect. Postal workers do not need any expensive briefcases to carry postal service and letters.

Option C is false. Construction workers cannot afford expensive briefcases.

Option A is not correct. Police officers have not necessary to have those briefcases.

Option B is correct. Executives often need high-end briefcases to keep essential things with them. They can also afford expensive bags.

7 0

3 years ago

The McDonaldization of society refers to the:

puteri [66]

Answer:

Explanation:

obesity epidemic in American society increased uniformity and rationality of society

6 0

3 years ago

Corporations often allocate all or part of their profits to shareholders. This is called _____.

Mariana [72]

Answer:

Explanation:

Dividends.

Usually now days, the rate of return is anywhere from 3 to 8 %. That means that if you have 10000$ worth of stock, you should expect about 300 dollars per year back. Doesn't sound like much, but it can build up.

Shares are what you buy that return the dividends. 1 share brings back so much money. You don't have to sell the shares to get the money. I have no idea what allotments and dispensations are when referring to stocks.

7 0

3 years ago

Read 2 more answers

Whose interests should be the paramount concern of government trade policy: the interests of producers (businesses and their emp

GuDViN [60]

Answer:

interests of consumers

Explanation:

The long run interests of consumers should be the paramount concern of government government trade policy. Consumers are negatively impacted by only a few dollars and producers have a great deal at stake. Employees may lose jobs if there are more efficient foreign competitors. In such a situation, government should help these employees to get jobs where they can be efficiently employed.

4 0

3 years ago

Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The comp

Rom4ik [11]

Variable costing unit product cost $ 779.

Manufactured merchandise is bought.

Units in beginning inventory 0

Units produced 13,000

Units sold 9,000

Units in ending inventory 4,000

Variable costs per unit:

Direct materials $ 220

Direct labor $ 500

Variable manufacturing overhead $ 59

Variable selling and administrative $ 24

Fixed costs:

Fixed manufacturing overhead $ 790,000

Fixed selling and administrative $ 580,000

1. Under absorption costing, all manufacturing costs (variable and fixed) are included in product costs.

Direct materials $ 220

Direct labor 500

Variable manufacturing overhead 59

Fixed manufacturing overhead

($790,000 ÷ 13,000 units) 61

Absorption costing unit product cost $ 840

Under variable costing, only the variable manufacturing costs are included in product costs.

Direct materials $ 220

Direct labor 500

Variable manufacturing overhead 59

Hence, Variable costing unit product cost $ 779.

Learn more about Company variable costing here:-brainly.com/question/6337340

#SPJ4

3 0

1 year ago

For which market structure do economists have the least precise model of price​ determination?

For which market structure do economists have the least precise model of price determination?