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kow [346]
3 years ago
13

Drag the tiles to the correct boxes to complete the pairs. Match each economic term with its description?

Business
1 answer:
VMariaS [17]3 years ago
5 0

<u>Monopoly:</u> There is a single seller in the market

<u>Oligopoly:</u> every company in this market structure is aware of the actions of the other companies (oligopolies are a small number of companies controlling the markets-  there are elements of collusion in this structure because the firms work together to control prices and the market)

<u>Perfect Competition:</u> There are no barriers to entry (lots and lots of competing companies that each have a small share of the market)

<u>Collusion:</u> 3 companies secretly enter into a price agreement (this is illegal in many cases)

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Nancy and Tonya exchanged assets. Nancy gave Tonya her personal residence with an adjusted basis of $280,000 and a fair market v
azamat

Answer:

Realized gain  $110,000

Recognized gain  $110,000

Explanation:

The computation of the Tonya's realized and recognized gain is shown below:

Amount realized by Tonya (fair market value)  $560,000

Less; Amount given by Tonya

Yacht: adjusted basis  ($250000)

Assumption of Nancy's mortgage  ($200000)

Realized gain  $110,000

Recognized gain  $110,000

7 0
2 years ago
Saira, Inc. has the following income statement (in millions): SAIRA, INC. Income Statement For the Year Ended December 31, 2017,
AysviL [449]

Answer:

60%

Explanation:

To calculate the percentage assigned to cost of goods sold , we should use the formula:

=\frac{Cost Of Goods Sold}{Sales}

= \frac{180}{300}

= 0.60 = 60%

Therefore, the percentage assigned to Cost of goods sold is 60%

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3 years ago
CarCut Corporation has been employing the Fixed-Order Quantity model to manage the inventory of its best selling 3D printer. The
vfiekz [6]

Answer: See explanation

Explanation:

The optimal reorder point in units is calculated as the average daily sales unit multiplied by the delivery lead time.

In the question, we're not provided with the annual demand as this is vital in order to know the average daily unit. Therefore, the question is incomplete

7 0
3 years ago
The quantity sold in a market will decrease if the government decreases aA. binding price floor in that market.B. binding price
Pavlova-9 [17]

Answer: B

Explanation:

Price ceiling is the highest authorized price that could be charged by sellers for a good.

Prices received by sellers will be reduced if government would bring down authorized price in the market.

5 0
3 years ago
Which of the following is an example of the operations concerns of a business plan?
Serhud [2]

<u>Answer:</u>

When composing the marketable strategy, the tasks plan <em>segment portrays</em> the <em>physical necessities </em>of your business' activity,

<u>Explanation:</u>

<em>For example,</em> your business' physical area, offices, and hardware. Contingent upon what sort of business you'll be working,

it might likewise incorporate data about stock necessities, providers, and a portrayal of the <em>assembling procedure.</em>

3 0
3 years ago
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