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valkas [14]
3 years ago
11

What is market power?

Business
1 answer:
Sedbober [7]3 years ago
8 0
I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>
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One difference between financial and managerial accounting is that the external users that use financial information must plan a
Anestetic [448]

Answer:

False

Explanation:

The internal users of financial information are those people with an organisation that makes use of financial information.

they include :

  • The board of directors
  • Employees
  • Managers.

The external users of financial information are those who aren't within an organisation that makes use of financial information.

They include :

  • Investors
  • Lenders
  • Government
  • Regulatory bodies

External users of financial information use financial information in making decisions of whether to invest in or lend to a company

4 0
3 years ago
Allyson Ashley makes jet skis. During the year, Allyson manufactured 90,000 jet skis. Finished goods inventory had the following
Flura [38]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

During the year, Allyson manufactured 90,000 jet skis. Finished goods inventory had the following units:

January 1: 18,000

December 31: 18,000

A) We need to use the following formula:

Units sold= beginning inventory + production - ending inventory

Units sold= 18,000 + 90,000 - 18,000= 90,000 units

B) Unitary cost= $2,600

Cost of goods sold= sold units* unitary cost

COGS= 90,000*2,600= $234,000,000

6 0
4 years ago
According to the marketing concept, while customer satisfaction is the main goal, it is also important that a business achieve i
Tpy6a [65]

Answer:

through profits, empowering sales force, and reducing costs

Explanation:

3 0
4 years ago
Which of the following statements about Gen Xers is TRUE? A) Gen Xers are often willing to change brands. B) Gen Xers are select
DerKrebs [107]

Answer: d. Gen Xers prize self-sufficiency and are pragmatic.

Explanation:

Gen Xers prize self-sufficiency and are pragmatic. Gen Xers prices are self sufficient that they need no external aid and they are realistic.

5 0
3 years ago
"Betty has been working for Bright Fires for about five years. She compares herself to different managers, such as Meg, who work
Dafna11 [192]

Answer:

External comparison

(occupational equity)

Explanation:

Motivation is commonly defined as a set of distinct energetic forces that occurs as a result of both within and outside an employee; start with work-related effort; and set its direction, intensity, and constancy.

Equity theory is simply a theory of motivation. It shows that motivation is based on an individual's views of his/her life and what happens in lives of other people.

comparison others

Based on the theory of equity, this is the act of viewing or examination our own efforts and results and them comparing them to the efforts and results of others people. Therefore we use the other individuals as a comparison other.

External comparison

Is simply defined as the act by which an individual or employee of a company is compared of himself or herself to an employee from another company . That is When an employee from another company is known as the "comparison other," .

7 0
3 years ago
Read 2 more answers
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