Answer:
represent an oligopoly in which there are few sellers, and each seller has considerable control over price.
Explanation:
Car manufacturers are an oligopoly because they are relatively companies that operate around the world, they all offer similar products although they are not identical (e.g. sedans, SUVs, pickup trucks, etc.), and they all possess a considerable market power. Also it is very difficult for a new company to enter the market because the barriers of entry are extremely high since each company sells millions of cars per year worth billions of dollars. Also, when of them starts a promotional activity, the rest will probably follow.
Answer:
A.
Explanation:
A trademark is a sign capable of identifying and distinguishing in the marketplace the products of one enterprise from those of other enterprises. The term “products” encompasses both goods and services.
The trademark can be different from the company business registration. A trade name cannot be registered as a trademark unless it also functions as a trademark.
TYPES OF TRADEMARKS
:
-Trade marks: to distinguish goods
-Service marks: to distinguish services
-Collective marks: to distinguish goods or services by members of an association
-Certification marks
-Well-known marks: benefit from stronger protection
-Trade name vs. Trade mark
Answer:
d. A debit to Work-in-Process Inventory, Finishing Department of $140,000.
Explanation:
Cost of unit transferred = $4 x 35,000 = $140,000
Cost incurred by mixing department is $4 which so the transfer of cost from mixing department to finishing department will be $140,000 for 35000 units. This cost will be recorded in the work in process inventory account of finishing department. As we know that WIP account has debit nature so same entry will be done to record an expense incurred in mixing department.
Answer: (B) Demand for products
Explanation:
The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.
There are basically five factors which determine the demand of products function in an organization are as follows:
- Income of the buyer
- Price
- Customer choice
- The actual price of the related other products
- Future supply expectations
Therefore, Option (B) is correct.
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