Answer: Option A
Explanation: The basic organisational structure and several different characteristics prevailing in a business environment together constitutes a market structure. In an oligopolistic there are very few large firms which dominate the market, for example - auto industry.
As firms in the oligopolistic market are very high this results in high concentration in the market. Each firm in this market structure operates in so large scale that actions of one affects the operations of others.
Usually the capital need in such industries is too large making it difficult to entry also the need for several licenses acts as barriers to entry but there is no such thing like NO ENTRY in such industries.
Answer:
The journal entry to record the lease would be:
Debit Credit
Asset $3,000,000
Lease Payable $3,000,000
Debit Credit
Lease Payable $195,774
Cash $195,774
Explanation:
To prepare the journal entry to record the lease we would have to calculate the present value of lease payments as follows:
present value of lease payments=$195,774*15.32380=$3,000.000
Therefore, the journal entry to record the lease would be:
Debit Credit
Asset $3,000,000
Lease Payable $3,000,000
Debit Credit
Lease Payable $195,774
Cash $195,774
Answer: The options are given below:
A. Both firms can behave opportunistically towards one another to keep the other from gaining competitive advantage.
B. Both firms can achieve competitive advantage over one another, even if they are operating in the same product market, by using each other's most valuable resources.
C. One firm can gain competitive advantage by taking advantage of its partner's resources and giving its partner less valuable resources.
D. Partnering with another firm in a strategic alliance and trading valuable resources enables both firms to further develop their products or markets to gain competitive advantage.
The correct option is D.
Explanation: A strategic alliance is a business agreement that two or more companies come together in order to undertake a project that will be beneficial to all the involved parties, while each retains its independence.
This kind of agreement is not as complex and much less binding as a joint venture, where businesses pool together their resources in order to create a separate business entity.
A strategic alliance will help a company remain relevant because the companies, will through this alliance, increase their customer base, have access to new technologies, diversify their products and services, and even reduce overhead and administrative costs, as they offer top quality service to their customers. In this way, the companies involved in the agreement companies will get an edge over their competitors.
Answer:
A) $0.075 variable and $450 fixed
Explanation:
to calculate Kendra's fixed and variable components using the high-low method we can use two separate formulas:
variable costs = (highest utility cost - lowest utility cost) / (highest output - lowest output) = ($1,200 - $600) / (10,000 - 2,000) = $600 / 8,000 = $0.075 per unit
fixed costs = highest cost - (highest output x variable cost) = $1,200 - (10,000 x $0.075) = $1,200 - $750 = $450
Answer:
A and B are True
Explanation:
The efficient market hypothesis or theory, is a hypothesis which states that share prices reflect all information and consistently beating the market is impossible. Because market prices should only respond to new information. The efficient market hypothesis states that when new information comes into the market, it is immediately reflected in stock prices
From the question,
a. one cannot expect to earn an abnormally high return by purchasing a security.
And
b. information in newspapers and in the published reports of financial analysts is already reflected in market prices.
Are the correct answers.