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2 years ago

Several firms are operating in a market where they take the other firms' response to their actions into account. This market is

Business

1 answer:

Gnesinka [82]2 years ago

8 0

Answer: An Oligopolistic market.

Explanation:

An Oligopolistic market is a market where they are very few supplies of a product and as such they charge higher prices due to the reduced competition.

In such a market the firms have to be very mindful of how their actions will impact that of their competitors because with such few competitors, they could easily lose customers if another oligopoly decides to change prices for instance.

They generally avoid doing so though because a price change by one will lead to a price change by others which would end up reducing the total amount that each firm makes as the prices will usually go downwards not up unless they collude.

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Ronda's debt to Skye is past due. Skye brings a legal action against Ronda to collect the debt. To ensure that a judgment in Sky

dusya [7]

Answer:

The correct answer is Ronda's family home is in its entirety or up to a specified amount.

Explanation:

Non-intervention as a general principle is based on the legal conviction of States that certain rules have such force that they necessarily bind the international community as a whole4. Consequently, non-interference is binding on all States, whether or not they have ratified the conventional instruments that express it, as the general principles are the very essence of International Law which, as manifested in customary law, is valid erga omnes independently Whether or not States have attended the formation of such a custom.

6 0

3 years ago

In the month of June, Bedford Company sold 350 widgets. The average sales price was $34. During the month, fixed costs were $6,3

VikaD [51]

Answer:

Results are below.

Explanation:

Giving the following information:

In June, Bedford Company sold 350 widgets. The average sales price was $34. During the month, fixed costs were $6,320 and variable costs were 40% of sales.

First, we need to calculate the unitary variable cost:

Unitary variable cost= 34*0.4= $13.6

Now, we can determine the contribution margin per unit and the contribution margin ratio:

contribution margin per unit= selling price - unitary variable cost

contribution margin per unit= 34 - 13.6= $20.4

contribution margin ratio= contribution margin per unit/selling price

contribution margin ratio= 20.4/34

contribution margin ratio= 0.6

To calculate the break-even point in units and dollars, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 6,320/20.4

Break-even point in units= 310 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 6,320/0.6

Break-even point (dollars)= $10,533

To calculate the margin of safety, we will use the following formula:

Margin of safety= (current sales level - break-even point)

Margin of safety= 350*34 - 10,533

Margin of safety= $1,367

Finally, the desired profit is $4,000:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (6,320 + 4,000) / 20.4

Break-even point in units= 506 units

Break-even point (dollars)= (fixed costs + desired profit)/ contribution margin ratio

Break-even point (dollars)= 10,320/0.6

Break-even point (dollars)= $17,200

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3 years ago

A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming

Sloan [31]

It can be noted that when the addition of more features to an existing product overwhelm the customers, it is known as feature fatigue.

<h3>What is feature fatigue?</h3>

Feature fatigue simply means when consumers shy away from products that appear to be rich in features.

This occurs ehen a company continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence.

Learn more about fatigue on:

brainly.com/question/948124

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2 years ago

Black systems sold and delivered modems to white computers for $330,000 to be paid by white in three equal installments over the

patriot [66]

Why are they giving $110,000 more?

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3 years ago

Transfer payments alter household income, but they do not reflect the economy's production.

Dominik [7]

I think it might be true, I’m so sorry if I’m wrong

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2 years ago