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Karo-lina-s [1.5K]
3 years ago
10

Assume all markets are in long-run equilibrium. Market price in a duopoly would be ________ the market price in a monopoly, and

________ the market price in a competitive market.
Business
1 answer:
Vladimir [108]3 years ago
4 0

Answer:

Assume all markets are in long-run equilibrium. Market price in a duopoly would be <u>greater than or equal to</u> the market price in a monopoly, and     <u>less than</u> or equal to the market price in a competitive market.

Explanation:

That is the logical answer to the question about markets that are in long-run equilibrium.

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What costs are considered “relevant” and which are considered “irrelevant “to a business
Klio2033 [76]

Answer:

Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.

Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.

4 0
3 years ago
Iliana’s gross pay is $2,130 per month. Her deductions total $270. She budgets for $1,000 in fixed expenses and $400 in variable
nexus9112 [7]
Lliana saved $460, her gross of which is $2,130 minus her total deductions which is $270. Her fixed expenses which $1,000 we know that it is liability like payment to the bills, the $400 variables expenses can be her food and transportation or other expense that she might need to spend. In calculation, the equation is $2,130 - $270 - $1,000 - $400 = $460
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3 years ago
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What type of witness is allowed to give opinions during testimony?
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8 0
3 years ago
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The use of the concepts of purchasing, procurement, supply, and supply chain management will vary from organization to organizat
IRISSAK [1]

Answer: B. The industry which they operate

Explanation:Different companies carry out the functions of purchasing, procurement and supply differently and these depend on how they operate. For example supply chain in a manufacturing company, it will produce items that will be stored in warehouses and other locations, making the supply chain more complex, on the other hand if it's a Service Provider company which uses a make-to-order business model, there will be no need for storing finished products, Therefore, it is clear that supply chains including procurement , purchasing and supply depend on the nature of the company.

8 0
3 years ago
Interest rates and the price of old or existing bonds are a. directly related. b. independent of each other. c. inversely relate
STALIN [3.7K]

Answer:

Option C, “inversely related” is the correct answer.

Explanation:

Option “C” is the correct answer because if the interest rate on the bonds falls then its demand rises. Thus, its rising demand will derive up the price of bonds. If the interest rate rises then the demand for bonds will fall and this will reduce the price of bonds. Therefore, this condition shows the inverse relationship between the interest rate and bond price

7 0
3 years ago
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