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iren [92.7K]
1 year ago
13

Explain how firms that compete in the four different market structures determine profitability.

Business
1 answer:
WITCHER [35]1 year ago
4 0

The four different market structures determine profitability.

perfect competition, monopolistic competition, oligopoly, and monopoly.

Profitability is a measure of an organization's profit relative to its costs. A more efficient organization earns higher profit margins than an inefficient organization that must spend more to achieve the same profit.

Profitability is measured in terms of income and expenses. Income is the money generated by a company's activities. For example, if you produce and sell crops or livestock, income will be generated. However, the money that flows into the business, such as borrowing money, is not income.

The accounting definition of profitability is when a company's total revenue exceeds its total expenses. This number is called net income, or income minus expenses, according to Iowa State University. Revenue is the total income generated by the company.

Learn more about Profitability brainly.com/question/27911836

#SPJ4

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Explain at least one potential implication for the genetic diagnosis of traits such as intelligence and criminality.
tankabanditka [31]
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5 0
3 years ago
Ariana withdrew $400,000 out of her personal savings account and used it to start her new Internet cafe. The savings account pay
Vikki [24]

Answer:

The Ariana's accounting profit for the year was $6,000

Explanation:  

Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.

Where,

Total revenues includes sales revenues

And total cost includes monetary cost, etc.

So,

Accounting profit = Total revenues - Total cost

where

Total revenues = 2,000 × $2.5 + 4,000 ×$2.5 = $15,000

Monetary cost = $9,000

So,

Accounting profit = $15000 - $9000 = $6,000

Hence, the Ariana's accounting profit for the year was $6,000

7 0
3 years ago
What is a delivery gap?
sertanlavr [38]

A delivery gap is,

a. the difference between a firm's service standards and the actual service it provides

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7 0
3 years ago
Steadigen Company sells two generators long dash Model A and Model Blong dashfor $ 432 per unit and $ 410 per unit, respectively
ch4aika [34]

Answer:

False

Explanation:

Contribution margin per unit = Sales -  variable cost

Contribution margin per unit (Model A) = $432 - $404

Contribution margin per unit (Model A) = $28 per unit

Contribution margin per unit (Model B) = $410 - $304

Contribution margin per unit (Model B) = $106 per unit

False, Contribution margin per unit (Model B) is higher so,  motivated to push sales of Model A will be false.

Break-even in units = Fixed cost / Contribution margin per unit

Break-even in units (Model A) =  Fixed cost / $28

Break-even in units (Model B) =  Fixed cost / $106

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