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3 years ago

Which of the following is the correct order of market structure from most competitive to least?

Business

1 answer:

ankoles [38]3 years ago

3 0

Answer:

Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly

Explanation:

In perfect competition, many sellers are competing to sell an identical product. The market has very many small suppliers. No single supplier dominates the market, meaning no seller has the power to influence the price. The market has very many buyers as well. Suppliers have the freedom to enter or exit the market with ease.

Monopolist competition has very many sellers selling similar but differentiated products. Due to the differentiated aspect, sellers can set the prices for their products. The market has very many buyers.

An oligopoly is where a few big suppliers dominate the market. The oligopoly market may have other smaller suppliers whose market share is a small percentage. Oligopoly may stock or manufacture identical or differentiated products.

A monopoly is where a dominant supplier is selling a particular product without competition. Only one supplier is selling that type of product. An oligopoly can sell lifetime solutions through books.

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In order to have a high confidence level in a customer survey, what should the sample size accurately reflect?

Damm [24]

In order to have a high confidence level in a customer survey, the sample size accurately reflects the entire population.

A discrete collection of entities with identifiable characteristics, such as humans or animals, for the purposes of analysis and data collection is called a population. It consists of a group of similar species that can inhabit a specific geographical location and interbreed.

A group of people, things, events, organizations, etc. Use populations to draw conclusions. Figure 1: Population. An example of a population is the entire student body of a school. Includes all students studying at the school when the data was collected.

Learn more about population here:brainly.com/question/1437549
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7 0

2 years ago

The set of values, attitudes, and ways of doing things that result from belonging to a certain ethnic, religious, or racial grou

777dan777 [17]

Answer: False

Explanation:

What a ethnic, religious and racial group shares in common is their beliefs or traditions.

Cognitive dissonance on the other hand is a conflict that occurs in an individual's mind as a result of new information contradicting what they already believe to be true.

4 0

3 years ago

Read 2 more answers

ear Net Income Profitable Capital Expenditure 1 $ 14 million $ 8 million 2 18 million 11 million 3 9 million 6 million 4 20 mill

Maru [420]

Answer:

$42 Million

Explanation:

The computation of the total cash dividend is shown below:-

Year Net Income Profitable capital Expenditure Dividends

1 $14 Million $8 Million $6 Million

2 $18 Million $11 Million $7 Million

3 $9 Million $6 Million $3 Million

4 $20 Million $8 Million $12 Million

5 $23 Million $9 Million $14 Million

Total cash dividends $42 Million

8 0

3 years ago

Which of these resources do

xeze [42]

Answer:

B. Capital

Explanation:

It would be capital because households pay for the certain goods or services a business has to offer, therefore giving them money. The word "Capital" means funds/money, and since the households are giving the businesses money, they care supplying capitals.

4 0

3 years ago

Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning in

Drupady [299]

Answer:

$816

Explanation:

Calculation for Dunbar Incorporated Ending inventory

Formula for Ending inventory units using FIFO method:

Ending inventory units = Beginning balance + Purchase -sales

Leg plug in the formula

490+410 - 600

= 300units

Calculation for Ending inventory

Ending inventory = 300*2.72

= $816

Therefore the Ending inventory assuming FIFO method is use would be $816

3 0

3 years ago