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Lyrx [107]
4 years ago
8

The market for used cell phones is very popular in Barylia. However, several phones available in this market are of inferior qua

lity and it is often impossible to differentiate between a good-quality phone and a poor-quality phone.
Refer to the scenario above. Based on the given information, we can conclude that the market for used cell phones in Barylia:

is perfectly competitive.

has asymmetric information.

has only one seller.

is monopolistically competitive.
has asymmetric information.
Business
1 answer:
irina1246 [14]4 years ago
5 0
Has only one seller I think
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Answer:

Commitment

Explanation:

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3 years ago
During the 1990s, several airlines were on the brink of bankruptcy. These same airlines were giving away millions of dollars in
lara [203]

Answer:

Assuming that the elimination of frequent-flyer programs would have enabled the airlines to earn higher profits and remain in business, then it would be a purely good idea for the airlines to eliminate their frequent-flyer programs.

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4 0
3 years ago
Three accuracy problems with the consumer price index (CPI) are Group of answer choices price confusion, substitution, and quali
vredina [299]

Answer:

Option b (Substitution.....services) is the appropriate choice.

Explanation:

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7 0
3 years ago
Hepner Corporation has the following stockholders' equity accounts:
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Answer:

$235,000

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The computation of the goodwill amount attributed is shown below:

Common stock $1,660,000  

Preferred stock $630,000  

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Non controlling interest in preferred stock $270,000  

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4 years ago
An example of publicity is
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B being featured on the evening news
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3 years ago
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