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shusha [124]
3 years ago
9

Explain the similarities between monopolistic competition and oligopoly.

Business
1 answer:
scZoUnD [109]3 years ago
7 0
Oligopoly<span> is a small number of large firms and </span>monopolistic is<span> a large number of small firms.</span>
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TB MC Qu. 10-144 (Algo) Doogan Corporation makes a product ... Doogan Corporation makes a product with the following standard co
LiRa [457]

Answer:

Material quantity variance = $9,380 adverse

Explanation:

<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite</em>

We can calculate it as follows:

                                                                                         grams

4,400 units should have used (4,400× 2 grams)            8,800

but did use                                                                   <u>    10,140</u>

<u> </u>                                                                                    1,340 adverse

standard price per g                                                ×<u> $7______</u>

Material quantity variance                                    <u>       $ 9,380 adverse</u>

Material quantity variance = $9,380 Adverse

3 0
3 years ago
On December 31, the company provides consulting services and bills its customer $3,000 for these services.
lukranit [14]
I would highly recommend either 1. Try to use larger words that has a high vocabulary level to them. It kinda works to fill the sentences better and make them feel more whole as well as take more time to read. You could also 2. Just go back and give it another read and try to find more information on the subject. Hope that helped
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3 years ago
Why might a company invest in another​ company? A. To ensure a steady supply of raw materials if the company being purchased is
Sladkaya [172]

Answer:

The answer is D.

Explanation:

A company might invest in another company to:

1. ensure a steady supply of raw materials if the company being purchased is a supplier of those raw materials. The company might be experiencing shortages of raw materials or outrageous increase in price of the raw materials. So acquiring a supplier of this raw materials will be a good option.

2. earn interest revenue. This can be one of the objectives too.

3. earn dividend income. Investment or shareholding in companies will lead to receiving dividend from such country.

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3 years ago
How do businesses use the competency "Engaging Communication" to solve problems?
Whitepunk [10]
If you engage in conversation or to communicate this will help solve problems because your communicating if that makes sense
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3 years ago
Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bear
kompoz [17]

<u>Solution and Explanation:</u>

  • When interest rate is 8%, opportunity cost is 800 dollar per year for 10000.
  • When interest rate is 10%, opportunity cost is 1000dollar per year for 10000.

McQ ans is C I.e. Qunatity demand decreases as interest rate rises because Md=KPY-hi

It is to kept in mind that with the change in the quantity that is being demanded may fluctuate with the change in the interest rate. The relationship between the price and demand goes hand in hand.  

7 0
3 years ago
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