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Gelneren [198K]
3 years ago
9

Under which market structure does the action of one firm have a spillover effect on the decision of another firm

Business
2 answers:
serg [7]3 years ago
6 0

if the company is in the world market

raketka [301]3 years ago
4 0

Answer:

Monopoly

Explanation:

In a monopoly market, factors like government license, ownership of resources, copyright and patent and high starting cost make an entity a single seller of goods. All these factors restrict the entry of other sellers in the market. Monopolies also possess some information that is not known to other sellers.

Cheers.

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Union Company reported the following information about the production and sale of its only product during the first month of ope
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Answer:

C) $200.00

Explanation:

Absorption Product Cost = Direct Labor + Direct Materials + Variable Overheads + Fixed Overheads

Thus, we need to Calculate the Total Cost of Goods Manufactured as follows :

Direct materials used                        $160,000

Direct labor                                        $100,000

Variable factory overhead                 $60,000

Fixed factory overhead                      $80,000

Total Cost of Goods Manufactured $400,000

Then Calculate the product cost per unit

Product cost per unit = Total Cost / Total Production

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Note : Total Production = Units Sold <em>plus</em> Ending Finished Goods Inventory

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