1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ratelena [41]
3 years ago
8

A perfectly competitive firm: A) will budget money to advertise its product. B) can adjust the price of the product so that it s

ells, in order to make more money.
Business
1 answer:
MAVERICK [17]3 years ago
7 0

Answer:

D) has output that is so small, relative to market supply, that it cannot influence the market price

Explanation:

The Perfect competition is that market condition in which it have various characteristics like

1. Large number of buyers and sellers

2. Same or similar products

3. Perfect knowledge

4. Free entry and exist

In this market competition, the output is very small also it is related to the market supply and the market supply does not affect the market price

Hence, the correct option is d.

You might be interested in
Management of Wee Ones (WO), an operator of day-care facilities, wants the company's profit to be subdivided by center. The firm
m_a_m_a [10]

Answer:

The correct answer is $23,430.

Explanation:

According to the scenario, the given data are as follows:

Total actual revenue = $1,700,000

Irvine Center actual revenue = $561,000

Advertising cost = $71,000

So we can calculate the amount of advertising that would be allocated to the Irvine center by using following formula:

Advertising Cost allocated = (Irvine Center actual revenue × Advertising cost)   ÷ Total actual revenue

By putting the value, we get

= ($561,000 × $71,000)  ÷ ( $1,700,000)

= $23,430.

3 0
3 years ago
If the credit to record the purchase of supplies on account is not posted
Ratling [72]
The liabilities will be understated. 
6 0
3 years ago
: i can't believe it! now our pay depends on meeting goals! doesn't effort count for anything anymore? i have the same goals tha
viva [34]

Setting the pay according to the goals achieved by a group may not be considered beneficial to everyone, thus decreasing motivation. Pay-for-performance or according to individual performance may help motivate the employee but increasing individuality in terms of performance may also decrease group cohesiveness or group-related values. The speaker here shows depreciation by undervaluing another's work to overvalue or protect one's own.

6 0
3 years ago
Is it reasonable to assume that treasury bonds will provide higher returns in recessions than in booms?
Annette [7]
It is indeed reasonable.We know this because interest rates rise when the economy is booming and fall when the economy goes into a recession which is known as procyclic movement. What happens is that during recessions the government usually tries to keepcinterest rates low in order to stimulate investment. It is good because bond prices <span>and interest rates go in opposite directions so bond prices will rise when recession starts. </span>
8 0
3 years ago
Read 2 more answers
During the current year, the company purchased equipment for $212,000 on October 1. It is estimated the equipment will have a us
qwelly [4]

Answer:

$6250

$5000

$5250

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($212,000 - $12,000) / 8 = $25,000

The machine was used for only 3 months in the fiscal year. Thus, the depreciation expense = $25,000 x (3/12) = $6250

Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)

(1000 / 40,000) x ($212,000 - $12,000) = $5000

Activity method based on hours worked = (hours worked that year / total hours of the machine) x  (Cost of asset - Salvage value)

($212,000 - $12,000) x (525 / 20,0000)  = $5250

7 0
3 years ago
Other questions:
  • The following information is taken from Reagan Company's December 31 balance sheet:
    15·1 answer
  • When robert includes elements in his clients' advertising campaigns that are rare, surprising, or move away from the obvious or
    5·1 answer
  • Danube Corp. purchased a used machine for $ 10 comma 000. The machine required installation costs of $ 4 comma 000 and insurance
    12·1 answer
  • The arrival of personal computer technology gave rise to client server networks that replaced traditional mainframe and minicomp
    7·1 answer
  • The desire to own something and the ability and willingness to pay for it
    10·1 answer
  • As a prerequisite to an agent’s use of an income and expense data worksheet, the agent should ask a prospective broker: a) the p
    14·1 answer
  • Which statement is true about theory and qualitative studies?
    11·1 answer
  • Which of the following is not always a result of unethical behavior? a. loss of profits b. loss of goodwill c. loss of trust d.
    14·1 answer
  • QUESTION 6 of 10: Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If h
    6·1 answer
  • An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!