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3 years ago

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7. A company's marginal revenue is $10, its marginal cost is $10, and its price is $10. This company is operating in a/an ______

_ market structure. A. perfect competition B. oligopoly C. monopolistic competition D. monopoly

2 answers:

Sphinxa [80]3 years ago

8 0

The Answer is C. monopolistic competition

serious [3.7K]3 years ago

3 0

Answer:C monopolistic competition

Explanation:

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<span>they meet the needs of custmers while meeting satutory and regulatory requieremnts related to a product or program. ISO 9000 deals with the fundamentals of quality managements systems, including the seven quality managements principles upon which the family of standards is based.</span>

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3 years ago

Exposition, Inc. had 200 units of inventory on hand at the end of the year. These were recorded at a cost of $14 each using the

e-lub [12.9K]

Answer:

decrease by $800

Explanation:

The computation of the gross profit is calculated below:

= Number of inventory units on hand at the end of the year × (Cost per unit - current replacement cost per unit)

= 200 units × ($14 - $10)

= 200 units × $4

= $800

This $800 represents the decrease in gross profit and the same is to be considered

hence, the last option is correct

3 0

3 years ago

Megan is a graduate student pursuing a course in business. Presented with the case of a company's unethical behavior, Megan wond

liberstina [14]

Answer:

B) should ask the CEO to step down because it has a greater obligation toward society.

Explanation:

The concept of value creation in a business is more than simply increasing profits, it is about creating value for the company's customers and society as a whole. This concept is best illustrated by engaging in practices that reduce pollution or other business decisions like not buying from foreign vendors that employ forced child labor. Sometimes certain business practices are so evil that they are outlawed, e.g. buying conflict or blood diamonds, but Belgian diamond markets are still full of them. The final decision is ours, and as customers we have the power to decide which companies we support.

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4 years ago

On December 31, 2018, the end of its first year of operations, Wildhorse Associates owned the following securities that are held

maxonik [38]

Answer:

July 1

Dr Cash $10,180

Cr Dividend Revenue $10,180

Aug. 1

Dr Cash $525

Cr Dividend Revenue $525

Sept. 1

Dr Cash $9,180

Cr Gain on Sale of Stock Investments $1,530

Cr Stock Investments $7,650

Oct-01

Dr Cash $14,797

Cr Stock Investments $13,152

Cr Gain on Sale of Stock Investments $1,645

Nov 1

Dr Cash $1,199

Cr Dividend Revenue $1,199

Explanation:

Preparation of the journal entries

July 1

Dr Cash (5,090 X $2) $10,180

Cr Dividend Revenue $10,180

Aug. 1

Dr Cash (1,050 X $0.50) $525

Cr Dividend Revenue $525

Sept. 1

Dr Cash [(1,020 X $9) ] $9,180

Cr Gain on Sale of Stock Investments $1,530

($9,180-$7,650)

Cr Stock Investments (274 X $7.5) $7,650

(38,175/5,090=$7.5)

Oct-01

Dr Cash [(274 X $54)] $14,797

Cr Stock Investments (274 X $48) $13,152

($50,400/1,050=$48)

Cr Gain on Sale of Stock Investments $1,645

($14,797-$13,152)

Nov 1

Dr Cash $1,199

Cr Dividend Revenue $1,199

(1,199*$1)

8 0

3 years ago

Tastee Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry should Tastee make

Lyrx [107]

Testee should make entry of Debit Cash.

<h3><u>What is debit?</u></h3>

A debit is an accounting entry that affects a company's balance sheet by increasing assets or decreasing liabilities.
In basic accounting, credits that operate in the inverse direction of debits balance each other out.
For instance, depending on the loan's terms, if a company takes out a loan to buy equipment, it will simultaneously debit fixed assets and credit a liabilities account. Sometimes "dr," the acronym for "debtor," is used to refer to debit.

Every double-entry accounting system has a debit option. The polar opposite of credits is a debit. Credits indicate money coming into an account, whereas debits represent money leaving it. As Debit Service Charge, Expense (3% of the revenue--$200) Credit Sales Revenue.

Know more about debit with the help of the given link:

brainly.com/question/12269231

#SPJ4

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1 year ago