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3 years ago

3. Name two different market structures. Describe how and why they each have a different competitive situation.

1 answer:

7 0

Market structure is defined with characteristics of the market and there are four different market structures: perfect competition, oligopoly, monopoly and contestable market.
Perfect competition is a market structure in which there is a large number of small firms who produce identical goods otherwise known as homogenous goods and it has a lot of buyers. The competition between these firms is huge, because they are many firms and each of them wants to attract more buyers.
Oligopoly is a market structure in which there is a small amount of large firms, for example the supermarket industry. There are not so many buyers as in the perfect competition, but buyers can still choose from which supermarket, for example, they will buy. So there is a competition between the firms.

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Many businesses have a(n) __________, which is a password-protected network that uses web-based technologies for employee collab

Zinaida [17]

Answer:

b. intranet

Explanation:

An intranet is basically a computer network that cannot be accessed by the general public. Generally we think of intranets as local networks that are restricted to only a certain group of users, but some intranets are national or even international. The pentagon's intranet is accessed from all over the world.

The difference with the internet, is that anyone can access the internet, while an intranet is used by specific people.

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3 years ago

Which chart type can be used to display summary values from two different levels of grouping in a report?

Stells [14]

Funnel chart and donut chart can be used to display summary values from two different levels of grouping in a report.
There are many types of charts to show the data in the form of bars, columns, lines, shapes, or other elements. Which chart is the right one for your use, it depends on the type of data and how you want to show. The different types of charts are: Bar Charts, Column Charts, Line Charts, Pie Charts, Donut Charts, Funnel Charts, Scatter Charts.

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3 years ago

What happens when network externalities are present?

wolverine [178]

I think it is either C or D. I'm not sure which one though. Hope this helped, have a great day! :D

4 0

3 years ago

For the year, Uptowne Furniture had sales of $818,790, costs of $748,330, and interest paid of $24,450. The depreciation expense

slava [35]

Answer:

Dividend paid in current year = $6,898

Explanation:

Calculating net profit

Sales = $818,790

Less: Costs = $748,330

Less: Interest = $24,450

Less: Depreciation = $56,100

Earning before taxes = Loss (10,090)

Tax benefits = $10,090 $\times$ 34% = $3,431

Net losses = $10,090 - $3,431 = $6,659

Opening retained earnings = $172,270 Less: Losses for the year = $6,659

Balance = $165,611

Less: Closing balance = $158,713 = $6,898

Thus amount of dividend paid in current year = $6,898

Change in value of common stock will not be considered.

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3 years ago

Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d

Anton [14]

Answer:

The answer is: 3. The quantity of available rental housing units falls

Explanation:

Rent control is a type of price ceiling, where the price of a product is artificially lowered below the equilibrium price.

Whenever a price ceiling is introduced, the quantity supplied of products or services will decrease. That happens because as the price of a product increases, suppliers are willing to offer a larger quantity of that product. But if the price of a product decreases, suppliers will be willing to offer smaller quantities of that product. (Law of Supply).

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3 years ago