Answer:
D. usually produces an inefficiently small level of output.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices is usually set by market forces. There is no need for advertising because all firms produce homogenous products. There is little or no need for government regulation because goods and services are efficiently distributed.
A monopoly is characterised by one firm in the industry. The firm sets the market price. The government regulates the activities of the activities of a monopoly to reduce inefficiency that usually occur. Either quantity produced or price are usually regulated by the government to reduce inefficiency and ensure fair distribution of goods and services.
Monopoly firms usually advertise and undertake more research activities when compared to a pure competition.
I hope my answer helps you
Answer and Explanation:
The preparation of the balance sheet is as follows:
Assets
Accounts receivable $3,300
Cash $6,310
Supplies $3,880
Equipment (net) $109,800
Inventory $2,940
Total assets $126,230
Liabilities and stockholder equity
Accounts payable $4,100
Interest payable $580
Unearned service revenue $820
Salaries and wages payable $850
Notes payable $31,500
Common stock $50,400
Retained earnings (balancing figure) $37,980
Total Liabilities and stockholder equity $126,230
Coupon payments... That's your answer!
The cheap foreign Labour argument says that trade protection is required to ensure that cheap imports do not flood u.s. markets, dragging down prices of goods and u.s. wages. This is further explained below.
<h3>What is foreign Labour?</h3>
Generally, Those who work in a nation other than their own but have no intention of permanently relocating there are considered foreign workers since they do not have citizenship in the country where they are employed.
In conclusion, The idea that trade protection is needed because of cheap imports flooding the market and driving down prices and U.S. wages is known as the "cheap foreign labor" argument. More detail about this is provided below.
Read more about Labour
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Answer:
Reliability.
Explanation:
They are both concerned about reliability of the contractors after getting some harsh stories about some contractors too.
In other words, reliability refers to the consistency of a measure. A test is considered reliable if we get the same result repeatedly. For example, if a test is designed to measure a trait, then each time the test is administered to a subject, the results should be approximately the same. Unfortunately, it is impossible to calculate reliability exactly, but it can be estimated in a number of different ways.
