Answer: "B) Difficult entry, C) Mutual interdependence, D) Market control by a few large firms" are other characteristics of this market structure.
Explanation: An oligopoly is a market structure where there are few relevant competitors and each of them has some capacity to influence market variables (such as price and amount of balance).
The Oligopoly characteristics are:
Small group of producers.
Producers can influence the price and market quantity.
They are strategically interdependent speaking.
There are usually barriers to entry for new producers.
The product offered can be interchangeably homogeneous or differentiated.
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Answer:
Attached below is the required flowchart
Explanation:
Process used in placing an order
- Registration/signing up of user
- selection of goods by user
Process for filing the Order
- picking the exact quantity and type of goods
- placing order on selected items
- checking out
process for receiving payment
- Paying for goods that are Pay before delivery
- Cancellation of order incase order was not fulfilled
Answer:
Net realizable value = $647536
Explanation:
Below is the calculation for net realizable value:
Given the accounts receivable = $673252
Allowance for doubtful accounts = $25716
Net realizable value = Accounts receivable - allowance for doubtful account
Net realizable value = 673252 - 25716
Net realizable value = $647536
Therefore the net realizable value is $647536.
Answer:
Goal is a set target that a person wants to achieve, while Aim is the determined course a person sets to achieve a target.