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Pavlova-9 [17]
2 years ago
8

What pricing strategy is usually the rule in an oligopolistic industry that a few firms​ dominate, which might be in the best in

terest of all players because it minimizes price​ competition?
Business
1 answer:
solmaris [256]2 years ago
3 0

Answer:

B) price leadership

Explanation:

A price leadership  strategy is set by the price leader or most important competitor in the oligopolistic market. E.g. Coca Cola is the market leader in soda markets and it sets a reference price that the rest of the industry follows.

When the market leader sets its price, the rest of the competitors will use that price as reference to set their own prices at similar or lower levels.

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Why is the savings account better than a checking’s account for saving money?
Lisa [10]

Because it pays a higher rate of interest.

A savings account is better than a checking account for saving money because they normally pay a higher interest rate than a checking account. Quite often, a checking account will not pay any interest at all.

7 0
3 years ago
Change from the fair value method to the equity method Assume an investor company acquires for $256,000 an 8% investment in the
matrenka [14]

Answer:

Date         Account title and explanation      Debit        Credit

March 1    Equity investment                          $32,000

                ($612,000/17%)*8% - $256,000)

                       Unrealized holding gain                             $32,000

               (To adjust the value of equity investment)

Note: On 1 march, value of the investment value is increased which is unrealized based on 31 December fair value

6 0
3 years ago
Andrea has prepared the following list of statements about corporations. Identify each statement as true or false.
Zolol [24]

Answer:

1. A corporation is an entity separate and distinct from its owners.  TRUE

2. As a legal entity, a corporation has most of the rights and privileges of a person.  TRUE

3. Most of the largest U.S. corporations are privately held corporations.  TRUE

4. Corporations may buy, own, and sell property; borrow money; enter into legally binding contracts; and sue and be sued.  TRUE

5. The net income of a corporation is not taxed as a separate entity.  TRUE                  

6. Creditors have a legal claim on the personal assets of the owners of a corporation if the corporation does not pay its debts.  FALSE

7. The transfer of stock from one owner to another requires the approval of either the corporation or other stockholders.   TRUE

8. The board of directors of a corporation legally owns the corporation.  FALSE

9. The chief accounting officer of a corporation is the controller.   FALSE

10. Corporations are subject to fewer state and federal regulations than partnerships or proprietorships. TRUE                                                                                                        

Explanation:

A corporation is a business that is a separate, legal entity that is run by board of directors chosen by the shareholders. A corporation operates or exists as an entity separate and distinct from it's owner or owners. This means that as separate or legal entity, a corporation has the rights and privileges of an individual except the right to vote and be voted for.

The stakeholders or shareholders of the corporation usually select officers to serve is board of directors and every year this board of directors nominate officers for the positions of a president, secretary and treasurer to handle the running's and activities of the corporation. If the board of directors also wishes or decides they can nominate a vice president too.

7 0
3 years ago
7.A shop makes all its sales for cash.
Elis [28]

Answer:

A.) CASH BOOK

Explanation:

7 0
2 years ago
If a stadium sells 40,000 seats sold at $20, $22.50, and $25 and $28 equally distributed in four sections, how much can be made
Ksenya-84 [330]
Section A = 22,500 seats
section B = 14,900 seats
section C = 7,600 seats
7 0
3 years ago
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