A perfectly competitive market is a market where all competitors are very small businesses, supply prices are perfectly elastic, all goods sold are the same(no branding), abnormal profits can only be made in the short run
Perfect competition is a theoretical model so there is no real world example in our world an example I find easy is the milk market since the good is the same no matter the brand and the amount of branding is minimal and there is usually a good amount of competitors in a country
Answer:
Common stock
Explanation:
Common stock can likewise be referred to as a voting stock. Common stock for the most part conveys with it the privilege to decide on business element matters, for example, choosing the top managerial staff, building up corporate destinations and approach, and stock parts. Similarly, common stock can be broken into casting a ballot and non-casting a ballot classes.
Answer:
Answer is option B $68.70
Total overhead costs
Assembling products (918000/54000)*3000.......510,000
Preparing batches (397440/2484)*1026.............164160
Product support (1134000/3780)*1188.............. 356400
Total overhead costs............................................ 1030560
Unit overhead cost = total overhead costs / number of units = 1030560/15000 = 68.70
Explanation:
Answer: a. The listing agreement they will use
b) Ted's office policy regarding intermediary brokerage
c) Ted's office policy regarding commission splits with "other" brokers
Explanation:
Apart from the fact that the statutory written statement regarding the brokerage services will be presented, it is appropriate for Ted to discuss the following with the sellers.
• The listing agreement they will use
• Ted's office policy regarding intermediary brokerage
• Ted's office policy regarding commission splits with "other" brokers.
These are needed to ensure that both the sellers and the buyer understands each other's stand and the agreement that are in place to ensure a smooth transaction.
Answer:
make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to negative/favorable exchange rate cost adjustments.
Explanation:
Exchange rate is defined as the rate at which one currency can be exchanged with another. It determines balance of trade, that is the amount of one countrie's goods that can be exchanged for another one's.
When exchange rate causes Sing$ to be weaker versus than the Brazilian real, it results in more of the Sing$ used to purchase one Brazilian Real.
Export of footwear from Asia-Pacific plants to Latin America will be more expensive, so it will be less competitive.
