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Oxana [17]
3 years ago
8

An oligopoly is a market in which a the actions of one seller in the market have no impact on the other sellers' profits. b firm

s are price takers. c there are many price-taking firms, each offering a product similar or identical to the products offered by other firms in the market. d there are only a few sellers, each offering a product similar or identical to the products offered by other firms in the market.
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
4 0

Answer:

The correct answer is option d.

Explanation:

An oligopoly is a market structure where there are a few producers producing homogeneous products or similar products which are close substitutes. Because of a few firms, there is a high degree of competition in the market.  

The market decisions of a firm affect its rivals, so all the firms are interdependent on each other.  

The firms are price makers. There is high restrictions on entry of firms in the market.

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societies use machinery and energy sources rather then humans and animals for production and __________ societies use the creati
Morgarella [4.7K]

Correct/Complete Question:

Industrial societies use machinery and energy sources rather then humans and animals for production and __________ societies use the creation, processing, and storage of information for production.

Answer:

Post-industrial

Explanation:

There are stages of development of a society and one of those stages is post-industrial society.

Post-industrial societies are societies in which societal production is as a result of creation, processing and storage of information. Simply put, Post-industrial societies are societies in which service provision creates more wealth than manufacturing. This services are done through information creation, processing and storage as written above.

Cheers

7 0
3 years ago
Ranch Company estimates warranty expense as 5% of sales. On January 1, warranties payable was $13,000. During the year Ranch pai
Yuki888 [10]

Answer:

$13,000

Explanation:

The computation of the december 31 liability for the warranty is shown below:

Given that

Warranty expense = 5% of sales

Warranty payable = $13,000

Paid amount = $5,000

Sales = $120,000

based on the above information

The warranty liability as on Dec 31 would be equivalent to the warranty payable i.e. $13,000

The same is to be considered

3 0
2 years ago
What is a renewal date
Allushta [10]
Full Definition<span> of </span>renewal<span>.
 1 : the act or process of </span>renewing<span> : repetition.
 2 : the quality or state of being </span>renewed<span>.
Hope that this helps you! =)</span>
8 0
2 years ago
Read 2 more answers
Corona Co. is expecting to receive 100,000 British pounds in one year. Corona expects the spot rate of British pound to be $1.49
Grace [21]

Answer:

Explanation:

1st strategy : Selling pound forward

The spot rate of the pound is quoted at $1.51.

The one-year forward rate exhibits a 2.65% premium.

The one-year forward rate = 1.51 ( 1+ 0.0265)

= $ 1.55

Dollars received = 100000 * 1.55 = $155000

2nd strategy : Buying put option

The strike price of put = $1.54

premium on option is $.03

Amount received per option = $ 1.54 - $ 0.03 =$1.51

Total Dollars received = 100000* 1.51 = $ 151000

the best possible hedging strategy is Selling pound forward and receiving $155000

7 0
3 years ago
A company using the perpetual inventory method paid $200 cash to have goods delivered from one of its suppliers. The payment of
Montano1993 [528]

Answer:

An asset exchange transaction which increases the cost of the purchased merchandise.

The firm gives the transportation company money (which is an asset) and since the transportation costs are included in the cost of the merchandise, the firm is paying a fraction of the cost of the asset.

When you are calculating the purchase cost of goods you must include the price of the goods, transportation costs, and any other associated expense like insurance costs and import fees, etc.

Transportation costs are only included in the COGS when the firm acquires the goods, but when the firm sells the goods, any distribution cost is not included under production costs, instead they are included under the sales costs.

5 0
3 years ago
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