Some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitor's products.
<h3>
What is the prevailing market price?</h3>
- Prevailing Market Price refers to the market's published wholesale price and, in the absence of a declared wholesale price, the prevailing market price of any commodities.
- The term "prevailing market conditions" refers to the average amount of rent paid by operators of similar sized and placed lodges throughout the country, as determined in good faith by the national protected area authority.
- Because of their great degree of similarity to competitors' products, some producers are forced to offer their items at the prevailing market price.
- The average wage paid to similarly employed workers in a certain occupation in the area of anticipated employment is described as the prevailing wage rate.
Therefore, some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitors' products.
Know more about market prices here:
brainly.com/question/24877850
#SPJ4
The complete question is given below:
Why are some producers forced to sell their products at the prevailing market price?
A. price takers find market analysis is too costly
B. they are very small players in the overall market
C. high degree of similarity to competitor's products
D. they can increase output without affecting the quality
Answer:
<u><em>Internal control area</em></u>: it is responsible to stablish monitoring process in all the areas of the organization that prevent unlawful practices that are not in compliance with the regulations, laws or any external norm applicable to the company.
<u><em>Key areas:</em></u> below find 3 areas as subjects important to control and 3 areas as departments within the company
- prevention of reputational risk, prevention of credit risk, prevention of operational risk.
- Internal audit area, Compliance area, Legal area.
<u><em>Key controls:</em></u>
- dual controls in the manufacturing of products prevent operational errors
- due dilligences of the commercial area regarding the customers that stablish a relationship with the company
- setting manuals that contain how the procedures must be done.
Answer:
Mortgage Payable Table is prepared in an MS Excel file which is attached with this answer, please find it
Explanation:
The loan which is received by a person for purchase of real estate property or alternatively existing property owner to raise fund from the property. The mortgage are paid with interest over a specific period of time in installment of monthly quarterly semiannually or yearly.
Installment includes both principal payment and Interest Payment.
In this question The first payment on December 31, 2018 included
Total Payment = $37,092
Interest Payment = 385,000 x 5% = $19,250
Principal Payment = $37,092 - $19,250 = $17,842
Answer:
IF function
Explanation:
The options to the question are missing; however, I'll assume the question related to Microsoft Office Excel.
To do the task in the question, Nathan can only make use of the IF function.
This is so, because the question relates to conditional statement.
The full if statement is:.
=IF(A1 < B1, "YES","NO")
Answer: c) High-tax
Explanation:
Municipal bonds are quite attractive because they offer returns that are free of Federal taxes which means that the return quoted on them is the after-tax return already.
For this reason their returns are usually less than corporate bond returns. Investors in high tax brackets will therefore be attracted to municipal bonds as it gives them a chance to get tax savings on amounts they would have paid as taxes.
