All categories

2 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

Vocational education is one path to a career

balu736 [363]

Answer:

It's true I think if I'm wrong do tell me.

5 0

2 years ago

Each month, renaldo earns a commission of 10.5% of his total sales for the month, plus a flat salary of $2,500. if renaldo earns

katovenus [111]

Renaldo would earn 2817.63. You take the $ of sales and multiply it by the commissions percentage, then add the number you get with the flat salary to get his total $ earned that month.

8 0

3 years ago

Simon has net investment income of $38,000 and MAGI of $223,000 and files as a single taxpayer. Simon's additional Medicare tax

Sergeeva-Olga [200]

Answer:

$874

Explanation:

Calculation for Simon's additional Medicare tax

Based on the information given we were told Simon has a MAGI of the amount of $223,000 in which part of it is for wages income of the amount of $185,000 ($223,000 -$38,000)

while the amount of $38,000 is the net investment income which means that Samson MAGI is below the threshold limit of the amount of $200,000, therefore tax rate of 3.8% tax will be applied.

Now let calculate the additional Medicare tax

Additional Medicare tax = ($38,000-$15,000)*3.8%

Additional Medicare tax =$23,000*3.8%

Additional Medicare tax = $874

Therefore Simon's additional Medicare tax is:874

5 0

2 years ago

Philip works at a graphic designing firm. He can efficiently work on various graphic design software. He can create visuals and

Mariana [72]

Answer:

technical skills

Explanation:

According to my research on different employment abilities, I can say that based on the information provided within the question this scenario illustrates that Philip has technical skills. These are procedures, techniques, and knowledge which allows you to use certain hardware/software that is required to get a job done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago

Read 2 more answers

On January 1, 2018, an investor company acquired 30% of an investee company’s common stock for $600,000. As a result of this tra

djverab [1.8K]

Answer:

$642,000

Explanation:

the journal entries required to record these transactions under the equity method are:

January 1, 2018, investment in ABC company

Dr Investment in ABC company 600,000

Cr cash 600,000

December 31, 2018, dividends received from ABC company

Dr Cash 15,000

Cr Investment in ABC company 15,000

December 31, 2018, ABC company reports net income

Dr Investment in ABC company 36,000

Cr Investment revenue 36,000

December 31, 2019, dividends received from ABC company

Dr Cash 15,000

Cr Investment in ABC company 15,000

December 31, 2019, ABC company reports net income

Dr Investment in ABC company 36,000

Cr Investment revenue 36,000

The balance of the investment in ABC company account = $600,000 + $36,000 + $36,000 - $15,000 - $15,000 = $642,000

3 0

3 years 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?