c. when the price of a good decreases, sellers produce less of the good.
According to the law of supply, an increase in price results in an increase in quantity supplied. This means that there is a direct relationship between price and quantity: Thus, when price of a good falls, sellers produce less
Answer:
Difficult entry, Mutual interdependence, Market is control by a few large firms.
Explanation:
An Oligopolistic market very few organisations control a particular market share. Likewise, when another organisation attempts to enter the market, there are obstructions set up by the current organisations. Similarly, if one organisation changes or alter a commodity, it affects all other firms and organisations. So there is mutual interdependence in the oligopolistic market. There is high mutual interdependence because firms produce identical or the same goods and services.
This is false. a fad is a product that is popular for a SHORT amount of time .
Answer:
A $155.94
Explanation:
A down payment is an initial payment that is paid cash to the buyer. It is the same as the deposit. Marcus must have been buying the compute of credit. The down payment or deposit shows that the customer is serious about buying the item.
The deposit that Marcus paid is 12%.
The cost of the new computer is $1,229.50
The deposit will be 12% of $1,229.50
=12/100 x $1,229.50
=0.12 x $ 1,229.50
=$155.94
Answer:
A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.
Explanation:
Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.
For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.
Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.
