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3 years ago

Identify the number of fims present, the type of product, and the appropriate market model in the following scenario.

Business

1 answer:

Otrada [13]3 years ago

3 0

Answer:

No of Firms Present - 4 firms / few firms

Type of Product - Standadized Product

All the companies are offering a standadized product of broadband Internet access of the same speed.

Appropriate Market Model - Oligopoly

An Oligopoly is a concentrated market structure where a few firms dominate the market and offer the same products. Gaining entrance into this type of market is considered hard as the existing firms are already very entrenched and dislodging them will require a huge cash outlay. The Broadband internet market in this town is therefore an Oligopoly.

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While waiting in line to buy two tacos at 75 cents each and a medium drink for 80 cents, Jordan notices that the restaurant has

frozen [14]

Answer:

55 cents

Explanation:

75 cents each for a taco

$1,50 for two tacos (75×2)

80 cents for a medium drink

Total cost =1.50+0.80=$2.30

Additional taco =2.30+0.75=$3.05

Value meal =$2. 50

The marginal cost for Jordon to purchase an additional taco instead of the value meal =

3.05-2.50=55 cents

6 0

4 years ago

Present difficult (acquisition) tasks approximately _________ percent of the time.

SOVA2 [1]

<span>20 percent is the proper rate to give difficult tasks. This allows the student to still be able to master most of the tasks easily, while challenging them at a rate that does not overwhelm them and discourage them from wanting to learn the materials.</span>

4 0

4 years ago

Luis received his account statement. He needs to make sure the balance in his checkbook register is correct. To reconcile his ch

m_a_m_a [10]

Answer:

He needs to add all of the transactions together.

Explanation:

4 0

4 years ago

Which of the following statements is correct? Multiple Choice Interest rates and bond prices vary directly. Interest rates and b

nevsk [136]

Answer:

Interest rates and bond prices vary inversely

Explanation:

The relationship between interest rate and bond prices can be seen in the bond pricing formula. Given a series of coupon payments (C) paid over the lifetime (ranging from "1" through "i" to "n") of a bond, and given that the bond will repay the principal investment (F) at maturity, the price of the bond is

$P = ∑\frac{C}{(1+r)^{i}} + \frac{F}{(1+r^{n})}$

where "r" is the interest rate.

As seen in the formula, the price of the bond (P) is inversely related to the interest rate (r).

Option A is incorrect because interest rates and bond prices vary indirectly, not directly. Option C is incorrect because interest rates and bond prices are related. Option D is incorrect because vary inversely irrespective of inflation and recession.

8 0

3 years ago

What kinds of transactions can be entered in a general journal?

snow_lady [41]

Answer:

Asset sales. Depreciation.interest income and interest expense

Explanation:

These Journals are:

Sales journal

Cash receipts journal

Purchases journal

Cash disbursements journal

8 0

3 years ago