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xeze [42]
3 years ago
12

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

Business
1 answer:
sasho [114]3 years ago
4 0
<span>The market structure for which economists have the least precise model of price​ determination is oligopoly.

</span><span><span>Oligopoly is a market structure in which a small number of firms has the large majority of market share.</span></span>
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When Tom wanted to buy a new gas grill, he searched for grills on the Internet. He was able to gather information on the latest
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Answer:

The correct answer is Information search

Explanation:

Before deciding on the first offer, it is necessary to review or look for other options in order to have a better view of the options and be able to decide on one that offers the best utilities for what is needed. In this case Tom carries out a search process in order to know the options offered in the market and to be able to have an accurate decision according to his needs.

8 0
3 years ago
Read 2 more answers
Harvest Inc. produces and sells a single product. The selling price of the product is $200.00 per unit and its variable cost is
Anna35 [415]

Answer:

Break-even point (units)= 2,500 units

Explanation:

Giving the following information:

The selling price of the product is $200.00 per unit and its variable cost is $80.00 per unit. The fixed expense is $300,000 per month.  

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point (units)= fixed costs/ contribution margin

Break-even point (units)= 300,000 / (200 - 80)

Break-even point (units)= 2,500 units

7 0
4 years ago
Which of the following statements are TRUE about credit scores?
Westkost [7]
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7 0
3 years ago
A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
serg [7]

Answer:

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

Explanation:

For calculation, following things need to be considered which is shown below:

1. Product A process costing = Pounds × Per pound price

                                            = 34,000 × $8

                                            = $272,000

2. Product A costing after selling = Pounds × sale price per pound

                                                   = 34,000 × $14

                                                   = $476,000

3. Difference of costing :

=  Product A costing after selling - Product A process costing

= $476,000 - $272,000

= $204,000

4. Invested amount = $227,800

5. Actual Difference = Invested amount - costing difference

                                  = $227,800 - $204,000

                                  = $23,800

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

8 0
4 years ago
Jackson has been working as a sales manager at a large company for 8 months and oversees about 100 sales representatives. For th
Allisa [31]

Answer:

The answer is look at it from a employee perspective and from one of Jackson’s manager perspective on how to deal with Jackson’s different problems

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