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Gwar [14]
3 years ago
5

Some markets have many buyers and sellers but fall into the category of monopolistic competition rather than perfect competition

. the most common reason for this is
Business
1 answer:
tiny-mole [99]3 years ago
7 0
These firms do not have perfect market information to know all the price charges by different sellers,the quality the market demand and supply is etc.
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Blue Company produces Trivets. Based on its master budget, the company should produce 13,000 Trivets each month, working 14,500
notsponge [240]

Answer:

14.277 hours.

Explanation:

Please see attachment.

4 0
4 years ago
Planes frequently push back from the gate on time but then wait 2 feet from the gate until it is time to queue up for takeoff. T
ira [324]

Answer:

b. A performance metric that measures timeliness of the flight, where a flight is considered "on time" as long as the flight is boarded and away from the gate by the scheduled departure time

Explanation:

We are told that airplanes make a mock depart by exiting the boarding gates, but they stay on the runway for long periods of time. This is due to the fact that airlines measure which planes are on time based on the moment that they left the boarding gate, not when they actually lift into the air. it happened to me once and it was extremely unpleasant to just sit without moving for more than one hour. I doubt any passenger likes these type of situations.

4 0
3 years ago
Jax Company uses the acquisition method for accounting for its investment in Saxton Company. Jax sells some of its shares to Sax
Elena-2011 [213]

Answer:

A

Explanation:

In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?

The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.

Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.

3 0
3 years ago
Read 2 more answers
An insurance company has offered your friend the choice of $45,000 per year for 15 years, with the first payment being made toda
TiliK225 [7]

Answer:

$427,011.92

Explanation:

We use the present value formula i.e to be shown in the attached spreadsheet

Given that,  

Future value = $0

Rate of interest = 7.5%

NPER = 15 years

PMT = $45,000

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

And, in type we write the 1 instead of 0

So, after solving this, the present value is $427,011.92

8 0
4 years ago
Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each
Zina [86]

Answer:

Luana will save $2,493.522

Explanation:

Given:

Luana will deposit $570 every year for 4 years. This is an annuity as same amount is deposited every year.

Rate is 6% or 0.06

We have to compute Luana's savings at the end of 4th year.

Refer future value of annuity factor table at 6%, 4th year. Annuity factor is 4.3746.

Savings = Yearly deposit × Annuity factor

             = 570 × 4.3746

             = $2,493.522

Therefore, Luana will save $2,493.522 by the end of 4 years.

6 0
3 years ago
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