Oligopoly
What is Oligopoly?
In Oligopoly markets, a limited number of suppliers control the market. They are present in every nation and a wide variety of industries. While some oligopoly markets are much more competitive than others, others can at least appear to be so. Investigations into allegations of coordinated behaviour or a lack of fierce competition are frequently requested from competition authorities.
To learn more about Oligopoly
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a. 50 cents
Contribution margin per unit is price per unit- variable cost per unit
1.75 - ($50,000/40,000 units)
1.75 - 1.25 = $ .50
b. $8750
Margin of safety is the expected sales - break even sales
(45,000 units * $1.75 per unit) - (40,000 *1.75)
78,750 - 70,000 = $8750
Answer: Gemma took a <em>values inventory </em>in her career explorations class. This indicated to Gemma that money and status may mean a lot to her, but she also finds it healthy to maintain a work-life balance. The correct answer is B.
Explanation:
A values inventory is commonly given in school to help a student with their career goals. They are usually given a personality inventory, an aptitude assessment, and an interest inventory.
The values inventory worksheet has two separate sets of questions about life values and work values. On this worksheet, the student must choose from the columns of "must have, would like, and least important."
A few of the life values a student has to choose from are listed below.
1.) Being Healthy as can be.
2.) Having a happy family life
3.) Having a high status and prestige
4.) Having material possessions in life.
A few of the work values a student has to choose from are listed below.
1.) Being a leader at work.
2.) Working as a team member.
3.) Having experiences that are creative.
4.) Having job security.
Revenue per hour of labor
Answer:
the opportunity cost of producing a good is constant as more and more of that good is produced
Explanation:
In the case of the production possibilities frontier i.e. on the straight line presumes that the opportunity cost for generating the good should be the similar or constant when the more and more goods are generated or produced
So as per the given options, the above statement should be selected
And, the same is to be relevant
