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4 years ago

Under which of these market classifications does each of the following most accurately fit?

1 answer:

4 0

Pure Competition: A very huge number of firms; uniform products; no rent controls: price takers; no entry barriers; no un-price competition.

Oligopoly: Few companies; uniform or distinguished goods; price controls constricted by mutual interdependence: a great deal of anti-price competition, especially product difference.

In each case, Oligopoly and pure competition differs.

Supermarkets in hometown - Oligopoly is correct; Supermarkets in every area are few in the total amount.

Steel industry - Oligopoly is correct; Companies are few; their goods are somewhat standardized.

Kansas wheat farm - Pure Competition is correct; there is no price control; there is no non-price competition.

Commercial bank - Oligopoly is correct; the facilities are as distinct as the bank can help them look.

Automobile industry - Oligopoly is correct; Imports made the industry more competitive in the past two years, dramatically increasing American automakers ' market power.

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As a sole proprietor, what are the ways in which you can raise money to establish your business, and make it grow?

kolezko [41]

Answer:

Take out a small business loan.

Explanation:

A small loan is a way, based on your credit, to establish a way to raise money.

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3 years ago

Which of the following statements is FALSE? Consider the case of a new firm that is identical to an existing publicly traded com

marta [7]

Answer: A valuation multiple is a ratio of some measure of a firm's scale to the value of the firm.

Explanation:

The Law of One Price does indeed allow for the determination of the value of the new firm using the value of the existing firm as they are identical. The value of a firm is also estimated based on the value of comparable ones.

It is also true that companies can be similar in many respects but still be different in size and scale.

Valuation multiples however, are not ratios of some measure of a firm's scale to the value of the firm but ratios of financial metrics in the company that can be used for analysis and comparison.

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3 years ago

Since its establishment in 1945, the United Nations has...

marysya [2.9K]

I would go with B

They most certainly have not eliminated hunger and does not have an international armed force.

8 0

3 years ago

Scientific management, pioneered by Frederick Taylor, claimed that decisions about organizations and job design should be based

sattari [20]

Answer:

Management theory that analysis work settings.

Explanation:

The scientific management is theory which is pioneered by F.Taylor whose main objective was to provide an economic efficiency specially in labour productivity.

Began to develop his theory in the 80s and 90s in industrial manufacturing especially steel his work included logical analysis, efficiency and the elimination of wastes.

He observed most workers were forced to perform repetitive tasks at the slowest rate and thus he focused on the aspect of time.

7 0

3 years ago

Stable Enterprises had sales of $230,000 in Year 1. Stable warrants its products and estimates warranty expense to be 4% of sale

scoray [572]

Warranty payable=Debit=9000

Cash=Credit=9000

Explanation:

Given

Sales= $230,000 in one year

Warranty expense= 4% of sales

Cash paid to settle warranty obligations= $9,000

The journal entries required to recognize the settlement of the warranty obligations=?

Warranty payable=Debit=9000

Cash=Credit=9000

Warranty is a written statement or promise given by the manufacturer or seller of a product to the customer to repair or replace the product in case of any fault or damage within specific period of time.

8 0

3 years ago