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andriy [413]
3 years ago
6

Suppose the price you are willing to pay for a new car is greater than the marginal cost of producing that new car. Under which

market structure could you be most confident that you would be able to buy that new car?a) Perfect Compettitionb)Monopolistic competitionc)Oligopolyd)Monopoly
Business
1 answer:
fiasKO [112]3 years ago
5 0

Answer:

The correct answer is letter "A": Perfect Competition.

Explanation:

Perfect Competition is a theoretical framework of the market, in which competition is as high as possible. In perfectly competitive markets, <em>all firms sell an identical product, all firms are price takers, all firms have a relatively small market share, buyers have complete information about the product and prices, </em>and <em>the industry is characterized by low to no barriers to enter and exit a business</em>. Perfect competitive markets do not exist in real life.

Thus, <em>if the price a consumer is willing to pay for a product is greater than its marginal cost, that individual is likely in a perfectly competitive market.</em>

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After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $703,938 and Allo
JulijaS [17]

The net realizable value of accounts receivable is $684,204

Explanation:

  • To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.
  • accounts receivable = $703,938
  • doubtful-accounts = $19,734.
  • the net realizable value of accounts receivable =
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  • Therefore, the net realizable value of accounts receivable is $684,204

7 0
2 years ago
A firm's _____ includes its rivals, suppliers, customers, new entrants, substitutes, and complementary products. environmental s
Maslowich

The answer is: competitive environment

The competitive environment of a company include all things that could affect how well the company could sell its product in the market. The factors that could affect such performance include things such as how many rivals sold similar products in the market, consumers' preference, how many products can be used as alternative for the company's product, etc.

8 0
3 years ago
Over the last year, Eli has been working very hard and his employer has taken notice by giving him a 6% raise in his salary. Dur
ELEN [110]

Answer:

b increased by 2%. 

Explanation:

Increase in real wage = 6% - 4% = 2%

7 0
3 years ago
A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.
Gwar [14]

A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

  • systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.

  • This could be in Tech. industry such as in software and others.

Therefore, systems analyst is correct.

Learn more:

brainly.com/question/9349989?referrer=searchResults

5 0
2 years ago
Allison, a long-time employee at aim corporation is helping william, a new employee; learn the culture of the organization. alli
Dmitrij [34]
Hello!

Q: Alison, a long-time employee at AIM Corporation is helping William, a new employee; learn the culture of the organization. Alison is using the _____________ process.

A: Alison, a long-time employee at AIM Corporation is helping William, a new employee; learn the culture of the organization. Alison is using the Socialization process.
8 0
3 years ago
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