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Lelu [443]
3 years ago
9

The Dealey Electric Group produces light bulbs that are used in refrigerator manufacturing. Currently, only three other companie

s produce bulbs used in the production of refrigerators, with Dealey as the leader in market share.
In this case, Dealey Electric Group would be considered:

A. a monopoly.
B. involved in perfect competition.
C. involved in monopolistic competition.
D. involved in a perfect oligopoly.
E. an oligopoly.
Business
1 answer:
WINSTONCH [101]3 years ago
4 0

Answer: Oligopoly

Explanation:

The market type being described in the question is an oligopolistic market, where Dealey electric group and three other companies are in control of bulb production.

An oligopolistic market is a market where sales is being controlled by a very few number of companies and the prices of commodities in that market are also controlled by those companies.

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Answer:

A. when the owner defaults on the loan payment

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2 years ago
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A customer in a coffee shop purchases a blend of two coffees: kenyan, costing $3.50 a pound, and sri lankan, costing $5.60 a pou
Rom4ik [11]
We have to make a system of equations:
x + y = 7;  where x stays for pounds of Kenyan coffee, and y stays for pounds of Sri Lankan coffee. And: 3.50 * x + 5.60 * y = 33.95 ( total cost ).
From the 1st equation: x = 7 - y. We have to substitute it into the 2nd equation:
3.50 * ( 7 - y ) + 5.60 * y = 33.95
24.50 - 3.50 y + 5.60 y = 33.95
5.60 y - 3.50 y = 33.95 - 24.50
2.10 y = 9.45
y = 9.45 : 2.10
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7 0
3 years ago
Sobota Corporation has provided the following partial listing of costs incurred during August:
QveST [7]

Answer:

a. $365,000

b. $346,800

Explanation:

The computations are shown below:

a. For product cost:

= Direct materials used + Direct labor + manufacturing overhead

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b. For period cost

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3 years ago
When the government transfers resources to the poor in the form of a good or service, it is called?
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The term in-kind transfers generally refers to goods, services, and transactions not involving money or not measured in monetary terms are transferred to the needy.

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