Answer: Option (B) is correct.
Explanation:
Correct option: have some control over its price because its product is differentiated.
A competitive monopolistic firm is not operating efficiently because it doesn't producing at a point where price is equal to the marginal cost or at a minimum point of its average cost curve.
It generally produces lower output and charges higher prices for their differentiated products. Differentiated products are the products which are similar in nature but have slightly different features. So, firms try to make their products different.
Hence, the firms have some control over the price of the differentiated products.
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.
Answer:
it would between 5 to 7 dollars
Explanation:
SORRY IF THIS IST CORRECT
-dani
Answer: $99,300
Explanation:
The cost of the land includes the actual purchase price and every expense incurred to get it ready for use.
These include;
= Cash price + Accrued taxes + Attorney fees + Real estate broker’s commission + clearing and grading
= 86,000 + 3,200 + 2,600 + 1,800 + 5,700
= $99,300
Answer:
d. Cash, accounts receivable and inventory
Explanation:
Current assets are assets that can easily be converted to cash including cash and cash equivalent.
Considering all the options given;
Option a . Cash, accounts payable, inventory has account payable which is a current liabilities. This also applies to option c.
Option b has building as one of the items. Building is an example of a fixed asset which is a non current asset.
Option e has Credit which is usually a liability item when considering the balance sheet.
Hence Option d which has Cash, accounts receivable and inventory is the right option.
