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svet-max [94.6K]
2 years ago
8

If the scale of a single producer is small relative to the demand for an undifferentiated good, the market structure of the prod

ucer is best described as being:________
Business
1 answer:
dalvyx [7]2 years ago
3 0

The market structure of the producer will be described as ''Perfect Competition".

As in perfect competition, there are homogenous goods or products from different sellers involved in the market. While monopoly completion also involves many sellers but the products in the market are differentiated (non-homogenous).

Undifferentiated or homogenous goods are less effective on the market as there are too many sellers in the market. Due to that in the above condition a producer is producing the respective goods on a smaller level.

So, he will not affect the market and this clearly shows that the market is perfectly competitive by structure.

For more content like Market Competitions this visit:

brainly.com/question/9311576

#SPJ4

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Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct ma
BartSMP [9]

Answer:

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93  

Explanation:

Equivalent unit of material = (120,000× 100%)+(39,000×75%)=149250

Cost per unit of material = Total cost /Total equivalent unit

=(313,920 +2,956,500)/149250 =21.912

Cost per conversion cost

Equivalent unit of conversion cost

= (120,000 × 100%) + ((39,000×35%)= 133,650

Cost per unit of conversion cost

= ($3,737,220 + $449,040)/133,650  = 31.322

Cost of goods transferred = 120,000× (21.912 + 31.322)= 6,388,147.07  

Cost of Inventory = (75%*39,000×21.912)+(35%× 39,000×31.322)

                             = 1,068,478.93  

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93  

=

3 0
3 years ago
Knowing that global business models are changing, how do you perceive IT systems helping or hindering the change process?
kati45 [8]

Answer:

IT is helping the change process

Explanation:

Information technology has revitalized today's business operations. Business models incorporating IT are fast, cost-friendly, and more responsive to market demand.

As business models endeavor to meet the needs of modern customers, IT is helping the process by offering innovative solutions. Emerging business models are anchored on modern IT.

3 0
3 years ago
EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?
mezya [45]

Answer:

Option (c) is correct.

Explanation:

Given that,

Sales = $ 2,000.00

Costs = 1,400.00

Depreciation = 250.00

EBIT = $ 350.00

Interest expense = 70.00

EBT = $280.00

Taxes (25%) = 112.00

Net income = $168.00

Net operating profit after taxes (NOPAT):

= EBIT × (1 - tax rate)

= $350 × (1 - 25%)

= $350 × 0.75

= $262.50

Therefore, the net operating profit after taxes (NOPAT) is $262.5.

8 0
3 years ago
Auto Body Repair Shop (ABRS) promises to pay Ben $1,000 a week to work for ABRS. Ben accepts and quits his job with Car Care Ser
andrey2020 [161]

Answer:

Breach of Contract

Explanation:

If a contract was signed that promised a job/salary, then rescinding the job by the prospective employer is grounds for a "Breach of Contract" lawsuit.

6 0
3 years ago
Which of these are ways to protect yourself against identity theft
Free_Kalibri [48]

Answer:

All of the above except: Don't tell people your dog's name

Explanation:

Hope this helps!

6 0
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