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Finger [1]
3 years ago
9

Which of the following statements is true?

Business
1 answer:
Rzqust [24]3 years ago
6 0

Answer:

The correct answer is option c.

Explanation:

An oligopoly market is a form of imperfect competition where there are a few firms. These firms can produce identical or differentiated products. Because of a few firms in the market, there is a high degree of competition in the market.  

These firms are interdependent such that the economic decisions of a firm affect its rivals. So each firm has to consider the reaction of its rivals before making decisions.

The firms are price makers and face a downward-sloping demand curve.

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Pathology studies the<br> a<br> and effect of disease.
insens350 [35]

Answer:

Causes and effects

Explanation:

7 0
3 years ago
Karena was laid off, but she is expecting to be recalled. She has not looked for work since being laid off. Nathan is not employ
AlexFokin [52]

Answer:

B. 1) Karena and 2) Nathan, if Nathan has looked for work during the previous four weeks

Explanation:

Both Karena and Nathan are counted as unemployed according to the U.S labor force statistics.

Unemployment refers to the inability of a willing and able Individual who falls in the labor force category of a country to get a suitable job.

The labor force age group of countries differ from each other but it is usually between the age of 18-65 years.

Unemployment is a situation in which a person who is willing to work coupled and has ability(phycal, emotional) to work does not get a job.

There are different types of unemployment which includes:

1. Structural unemployment

2. Cyclical unemployment

3. Seasonal unemployment

4. Frictional unemployment

5. Underemployment

5 0
3 years ago
During its first year of operations, the owner of Lupo Company invested $15,000 in the business and withdrew $2,000. The company
Anni [7]

Answer:

$25,000

Explanation:

Lupo Company's equity = owner's equity + retained earnings

  • owner's equity = $15,000 (initial investment) - $2,000 (withdrawal) = $13,000
  • retained earnings = net income = total revenue - total costs = $35,000 - $23,000 = $12,000

Lupo Company's equity = $13,000 + $12,000 = $25,000

4 0
3 years ago
If each car requires a belt that costs $20 and 2,000 cars are produced for the period, then the total cost for belts is:
kompoz [17]

Answer:

b) Considered to be a direct variable cost

Explanation:

Direct costs are expenditures that can be traced to a specific product, project, or service. It is a cost component that arises due to the production of a particular good or service as opposed to a general expense. Direct costs contrast indirect cost that covers a variety of items, such as administration.

Variable costs are the expenses that change with production volume. An increase in production leads to an increase in variable costs. Variable costs, therefore, have a direct relationship with the output level.

Belts, in this case, are a direct variable cost because

  1. The belt expense is traceable directly to the production of cars. It is a cost incurred only when a car is being produced.
  2. The cost varies with the number of cars produced. The expenses will change with changes in the production of cars.

8 0
3 years ago
Please select one of the following jobs. If none of these is interesting, please choose a job you personally like: 1. IT project
Zolol [24]

I personally would choose Ice-cream taster, but judging from context you wrote in this specific question. This isnt something with a wrong answer but rather a personal question. I think you should be the one answering this because with the context that I see on what you wrote. This isnt something like an equation, if Im wrong, I mustve missed out on some context or Im not getting something right. Therefore, you should choose what you like on this since it looks like a personal question.

6 0
3 years ago
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