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3 years ago

How does competition affect markets?

Business

2 answers:

777dan777 [17]3 years ago

6 0

Answer:

money and price of double of items

Explanation:

it effects the price within the menu and items too

think of it being the "Krusty Krab" and the "Chum Bucket"

4vir4ik [10]3 years ago

4 0

Answer:

Not only does the demand of consumers for the product affect price, but so does the relationship among the different producers of the product. Competition among sellers usually deals with who has the best price. Greater competition among sellers results in a lower product market price.

Explanation:

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Our last four periods had sales, from oldest to most recent, of 100, 200, 130, and 300. what is the three-period ma

masya89 [10]

<span>Sales during the last four periods are in the order from older to recent as 100, 200, 130, and 300. Moving average is a successive average calculated from the successive segments. So the third month moving average MA3 = (200 + 130 + 300) / 3 = 630 / 3 = 210 So the answer is 210.</span>

6 0

2 years ago

Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses proces

lys-0071 [83]

Answer and Explanation:

a. The computation of cost of ending work in process inventory for materials, conversion, and in total is shown below:-

For material = 2,080 × $15.66

= $32,572.80

For conversion = 930 × $6.23

= $5,793.90

For total cost of work in process inventory = $32,572.80 + $5,793.90

= $38,366.70

b. The computation of cost of the units completed and transferred out for materials, conversion, and in total is shown below:-

For material = 21,700 × $15.66

= $339,822

For Conversion = 21,700 × $6.23

= $135,191

For total cost of completed and transferred units = $339,822 + $135,191

= $475,013

3 0

3 years ago

EB4.

avanturin [10]

Answer:

Fixed and Variable cost:

Fixed cost are the costs which cannot be changed with change in the level of goods and services sold or produced.

Variable cost are the costs which changes with change in the level of output produced and sold.

Product and Period cost:

Product costs are the costs which are incurred for making the product such as direct material, factory overhead and direct labor, etc.

Period costs refers to the cost which are incurred for a certain period of time. It is normally associated with the time period than with any type of transactional event.

Therefore, the classification of items is as follows:

(a) Variable cost - Product cost

(b) Variable cost - Product cost

(d) Fixed cost - Period cost

(e) Fixed cost - Period cost

(f) Fixed cost - Period cost

(g) Variable cost - Product cost

(h) Fixed cost - Period cost

(i) Fixed cost - Period cost

6 0

2 years ago

Steven watched the island get bigger as they approached. Now he could see buildings and roads. He saw that they were approaching

SVETLANKA909090 [29]

The answer would be a

7 0

2 years ago

Read 2 more answers

Springfield mogul Montgomery Burns, age 80, wants to retire at age 100 so he can steal candy from babies full time. Once Mr. Bur

masha68 [24]

Answer:

Springfield mogul, Montgomery Burns

How large of an annual deposit must be made to fund Mr. Burns retirement plans:

= $94,644,751.67

Explanation:

a) Data and Calculations:

Age of Mr. Burns now = 80 years

Retirement age = 100 years

Annual withdrawal at the beginning of each year for 10 years = $500 million

Special offshore account pays interest = 18% annually

Investment for funding retirement:

Deposits = 20 equal end-of-the year deposits in the same special offshore account above.

b) Calculation of Future value of annual deposit after 20 years:

FV (Future Value) $13,877,572,093.01

PV (Present Value) $2,651,510,914.01

N (Number of Periods) 10.000

I/Y (Interest Rate) 18.000%

PMT (Periodic Payment) $500,000,000.00

Starting Investment $0.00

Total Principal $5,000,000,000.00

Total Interest $8,877,572,093.01

c) Calculation of Annual Deposit to reach the future value target of $13,833,567,810.87:

FV (Future Value) $13,877,567,810.87

PV (Present Value) $506,609,362.98

N (Number of Periods) 20.000

I/Y (Interest Rate) 18.000%

PMT (Periodic Payment) $94,644,751.67

Starting Investment $0.00

Total Principal $1,892,895,033.42

Total Interest $11,984,672,777.45

d) Mr. Burns will need to contribute $94,644,751.67 at the end of each period to reach the future value of $13,877,572,093.01. Both the future value of deposits of $13,877,567,810.87 and the annual periodic payment of $94,644,751.67 are determined using online financial calculator.

4 0

3 years ago

How does competition affect markets?​

How does competition affect markets?