1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
musickatia [10]
3 years ago
9

What is pure competition?

Business
2 answers:
liubo4ka [24]3 years ago
5 0
It is the third one
lbvjy [14]3 years ago
5 0

Answer:

The answer is C. The last option.

You might be interested in
You are the manager of a medium-sized farm with 100 acres of workable land. You can farm the land yourself, rent the land to ano
Ainat [17]

Answer:

The opportunity cost for a year will be $240,000.

Explanation:

The opportunity cost of any decision is the second-best alternative that is given up or sacrificed.  

Here, the manager has a farm of 100 acres of land.  

If he sells it to a developer for $40,000 per acre, he will get $4,000,000 for the whole land.  

He can invest this amount and get an interest of 6% per year.  

The opportunity cost of keeping the farm to the manager himself will be

= 6% of $4,000,000

= \frac{6}{100}\ \times\ \$ 4,000,000

= $240,000

3 0
3 years ago
Pajama Corp. uses direct materials (fabric, thread, buttons), and direct labor (cutting, sewing labor) to make each pair of paja
RUDIKE [14]

Question Completion:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Answer:

Pajama Corp.

The cost driver rate = $0.40 per DL cost.

Explanation:

a) Data and Calculations:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Cost driver rate = $0.40 ($156,000/$390,000)

b) To calculate the cost driver rate, Pajamas Corp. divides the total estimated manufacturing overhead costs by the cost driver (direct labor cost).  This implies that the cost driver rate is the total cost of activity pool divided by its cost driver.  This yields the amount of overhead and indirect costs related to a particular activity.

7 0
3 years ago
Which feature helps business address customer grievances
meriva
A customer service representative would be a feature commonly used by huge companies in addressing the customers' issues with regards to their products and services. Furthermore, customer feedback is very important because the company would have the idea on how to improve their service or product.
8 0
3 years ago
Read 2 more answers
Which one of the following types of losses is excluded from the determination of net income in income statements? Material losse
alexgriva [62]

Answer: The correct answer is "Material losses resulting from correction of errors related to prior periods.".

Explanation: It is generally established that the type of loss that is excluded from the determination of net income in the income statement are the material losses resulting from transactions in the company's investments account.

7 0
3 years ago
[The following information applies to the questions displayed below The following financial statements and additional informatio
Andrej [43]

Answer:

ffyygghjj......................

7 0
2 years ago
Other questions:
  • In order to assure better management acceptance, the flow of input data for budgeting should begin with the
    9·1 answer
  • A company has a new concept for a lightweight electric scooter that can be easily folded and taken with you inside a building or
    8·2 answers
  • Per capita means:
    10·2 answers
  • Christopher works as a news anchor for a television network. In addition to his regular pay, at the end of each year, his compan
    5·1 answer
  • What role does an entrepreneur play in the making of goods and services? A. The entrepreneur provides the labor for a business.
    9·2 answers
  • Alma is in the business of dairy farming. During the year, one of her barns was completely destroyed by fire. The adjusted basis
    5·1 answer
  • Which one of the following best describes the concept of erosion? a. The cash flows of a new product that come at the expense of
    6·1 answer
  • What is one of the main economic benefits of free trade?
    6·1 answer
  • Answer ASAP
    13·2 answers
  • You have been hired as the Economics Advisor in a XYZ Ltd to help steer the company to greater heights. The company is launching
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!