Answer:
this situation can be classified as an duopoly
Explanation:
An duopoly is similar to a monopoly but instead of only supplier there are two suppliers that share total market power and control. Both companies also offer basically the same product or service. Competition exists between the companies but it is not significant, both companies decide to coexist. Customers are forced to choose between one company or the other.
In this case, there are only two taxi companies and the customers really don't care what company they use since they both offer similar services. None of the companies even bothers to offer a better service to try to gain a larger market share.
Depends on if you've got it on PC or console. The console versions obviously work on the latest generation machines and come with the texture pack (which has always been free), modding capabilities (better on XBONE) and all DLC's.
So if you're looking to take your PS3/XB360 copy to the next level then I'd say yes, personally.
The PC version gets you the DLC's thrown in and that's all, assuming you don't own any of the DLC's this might be he better value overall depending on offers, so do some research, you're not gaining anything bar the DLC's though, you could already get the texture pack and mod.
Short answer: Consoles: Yes. PC: Only if the DLC's are cheaper that way.
The current ratio expressed as a proportion is 2.5
Explanation:
Given :
The current assets = $292400
The current liabilities are $116960.
To find :
The current ratio
Solution :
Current Ratio =
2.5
Therefore, The current ratio expressed as a proportion is 2.5
Answer and Explanation:
The classification is as follows;
1. Since the wages are to paid for supervising the assembling process so the same is related to the factory operations therefore considered to be the manufacturing overhead cost
2. The wages paid to the accountant so classified as the administration cost
3. The depreciation is the manufacturing overhead cost as it is the indirect cost.
4. The rent facility should be classified as the manufacturing overhead cost and distributed as per the cost drivers.
<span>If they make, for example 20,000 products every year their variable cost and and fixed cost will be changed because of the increased sales by 20% and they will only lose smaller amount of money than the last year.</span>
