Answer: Perfect competition
Explanation:
The market structure for a small scale corn farmer is perfect competition. The characteristics of perfect competition include:
1. Large Number of Sellers and Buyers: In a perfect competition, there are large number of buyers and sellers in the market. Producers are price takers and the seller cannot influence the price. There are numerous people on the market that sells corn and no seller can influence price.
2. Homogenous Products: The products are identical. Corn looks thesame and cannot be differentiated.
3. Perfect information. There is perfect information about the prices of products and other necessary information regarding the products. There's a perfect information regarding the corns that are sold.
(4) Free entry and exit: There's free entry and exit as new sellers are free to come into the market. There's no obstacle in the market.
The correct answer is choice 4, ambient advertising.
Ambient advertising is the practice of placing unusual advertisements or promotion content on items and in areas where consumers would net be expecting to see advertising. This ambient advertising may be in bathrooms, inside refrigerators, or many other areas where you would not expect to see advertising.
The answer is B a hospital
Answer:
d. $1,470,000
Explanation:
The computation of the cash realizable value of the accounts receivable is shown below:
= Ending balance of accounts receivable - credit balance of uncollectible amount
= $1,600,000 - $1,30,000
= $1,470,000
For finding out the cash realizable value, we deduct the credit balance of uncollectible amount from the ending balance of accounts receivable
Answer:
Alternative A= $1570
Explanation:
Giving the following information:
It has three choices:
(a) Refurbish the old equipment for $800.
Materials and labor= $1.10 per board.
(b) make major modifications for $1,100
Materials and labor= $0.70.
(c) purchase new equipment at a net cost of $1,800.
Variable costs= $0.40.
Q= 700
Alternative A= 800+1.10*700= $1570
Alternative B= 1100+0.70*700= $1590
Alternative C= 1800+0.40*700= $2080
The cheapest alternative is Alternative A. To make a full analysis you need the selling price, which we don't have.