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Greeley [361]
3 years ago
5

Which of the following statements is correct?

Business
1 answer:
kirza4 [7]2 years ago
6 0

Answer:

D

Explanation:

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Which best describes how advertising influences consumer choice in an oligopoly?
allsm [11]

Answer:

• Advertising undermines competition.

Explanation:

Oligopoly is a market structure which contains the small kind of firms in that it have non-significant influence. The concentration ratio defines the highest firms market share

As per the given options, the advertising impact the choice for the consumer in an oligopoly at the time when advertising undermines the competition

Therefore the option b is correct

And, the rest of the options are wrong

5 0
2 years ago
In every state, there is a government-subsidized university. This subsidy, in theory, would make it possible for tuition to be l
Hatshy [7]

Answer:

Explanation:

fhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

3 0
2 years ago
approximates the dollar cost of producing x units of a product. The manu- facturer believes it cannot make a profit when the mar
anyanavicka [17]

The question is incomplete. The complete question is :

A manufacturer believes that the cost function : $C(x) =\frac{5}{2}x^2+120 x+560$  approximates the dollar cost of producing x units of a product. The manu- facturer believes it cannot make a profit when the marginal cost goes beyond $210. What is the most units the manufacturer can produce and still make a profit? What is the total cost at this level of production?

Solution :

Given the cost function is :

$C(x) =\frac{5}{2}x^2+120 x+560$  

Now, Marginal cost = $\frac{d}{dx}C(x)$

So, if the marginal cost = $ 210, then the manufacturer also makes a profit and if it goes beyond $ 210 than the manufacturer cannot make a profit.

Therefore, we have to equate : $\frac{d}{dx}C(x)= \$ 210$

$\frac{d}{dx}C(x)= \frac{5}{2}(2x)+120 = 210$

$5x + 120 = 210$

$5x=210-120$

$5x=90$

$x=45$

So when x = 45, then C(x) = $ 8042.5

Therefore, the manufacturer $\text{can make up}$ to 45 units and $\text{still makes a profit.}$ This leads to a total cost of $ 8042.5

3 0
2 years ago
In 2020, Susan retired from her active participation in a 50% owned restaurant business, which she owned for 20 years. Susan is
icang [17]

Question Completion with Options:

a. Susan cannot deduct the $80,000 loss from the restaurant because she is not a material participant.

b. Susan can offset the $80,000 loss against the $150,000 of income from the retail store.

c. Susan will not be able to deduct any losses from the restaurant until she has been retired for at least three years.

d. Assuming Susan continues to hold the interest in the restaurant, she will always treat the losses as active.

Answer:

Susan

b. Susan can offset the $80,000 loss against the $150,000 of income from the retail store.

Explanation:

Susan can offset the $80,000 loss from the restaurant business against the income from the retail store because she has been an active and material participant in both businesses.  For the past 20 years, she had participated materially in the restaurant, only just retiring this year.   At least, she has passed the material participant test, number 5.

7 0
3 years ago
A-Z Construction Company was organized on May 1 of the current year. On May 2, A-Z Construction prepaid $18,480 to the city for
aalyn [17]

Explanation:

a. The journal entries are as follows

Taxes Expense A/c Dr $12,320

        To Prepaid Taxes A/c $12,320

(Being the tax expense is recorded)

The computation is shown below:

= $18,480 × 8 months ÷ 12 months

= $12,320

Taxes Expense A/c Dr $45,000

     To Property Taxes Payable A/c $45,000

(Being the taxes expense is recorded

b. The amount of tax expense for the current year is shown below:

= $12,320 + $45,000

= $57320

8 0
3 years ago
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