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klio [65]
3 years ago
11

Perfect competition is the term used to describe: an industry in which a few price-taking firms produce identical products. an i

ndustry in which numerous price-taking firms produce identical products. an industry in which firms are price takers and compete for market share by varying the qualitative characteristics of products. an industry in which numerous firms are price makers and produce identical products.
Business
1 answer:
Olenka [21]3 years ago
8 0
An industry in which numerous price-taking firms produce identical products.
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Answer and Explanation:

As per the data given in the question,

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Fair value per share = $20.4

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Fair value of award = Fair value per share ×Number of Share

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2) No Entry

3)

Compensation expense($40.8 million÷4 years) $10.2 million

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(Being the compensation expense is recorded)

4)

Fair value per share = $20.4

Share granted = 2 million

(100%-10%) forfeiture rate = 90%

fair value of award = $20.4×2×90%

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