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tino4ka555 [31]
3 years ago
10

Most markets in the economy are A. markets in which buyers, rather than sellers, control the price of the product. B. perfectly

competitive. C. markets in which sellers, rather than buyers, control the price of the product. D. highly competitive.
Business
1 answer:
Helen [10]3 years ago
5 0

Answer:

D. highly competitive.

Explanation:

Highly competitive markets are this e where a large number of sellers compete to satisfy the needs of a large number of buyers.

There are wide variety of products for consumers to choose from , so sellers have to come up with a competitive advantage that will give them edge over competitors.

Price changes drive demand and supply trends.

You might be interested in
Suppose Rocky Brands has earnings per share of ​$2.33 and EBITDA of ​$29.3 million. The firm also has 5.3 million shares outstan
posledela

Answer:

enterprise value to EBITDA.

Explanation:

The computation of the value of the stock using P/E ratio is shown below:-

Stock value = (P/E ratio × EPS) × Number of shares outstanding

= (12.9 × $2.33) × 5.3 million

= 159.3021 million

Now, the computation of the value of the stock using EBITDA multiple is shown below:-

Stock value = (EBITDA multiple × EBITDA) - Net debt

= (7.1 × $29.3 million) - $125 million

= 208.03 - $125 million

= 83.03

There is no equivalent corporate debt. It is easier to make a comparison at the operating level and thus a better measure of valuation is the enterprise value to EBITDA.

3 0
3 years ago
An increase in the price of poultry would lead to__________
elixir [45]

Answer:

c.a decrease in quantity demanded of poultry and an increase in the demand for fish.

Explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.

6 0
3 years ago
Rimble Graphic Design receives $2,750 from a client billed in a previous month for services provided. Which of the following gen
Lana71 [14]

Answer:

C) Debit Cash $2,750

    Credit Accounts Receivable $2,750

Explanation:

When payment is received in respect of services rendered or goods sold in the past periods, the accounting rule is to debit cash or bank as the case may be and credit account receivable for the amount received. This is necessary because in period when transaction took place, revenue has been credited and account receivable debited.

6 0
4 years ago
Which of the following are payments to ensure receiving the standard treatment that a business ought to receive from a foreign g
Romashka [77]

Answer:

Grease payments, Option A, are payments to ensure receiving the standard treatment that a business ought to receive from a foreign government, but might not due to the obstruction of a foreign official

Explanation:

Grease payment is like a bribe which is usually small in amount and is provided to a government official or to a businessman with the aim of expediting a business decision. It may also be used in case any shipment or any transaction needs to be expedited.  

Grease payments do not change the result of the foreign official's decision, under FCPA. If it changes the consequence, then it is considered a bribe. In that case, grease payments become illegal. It also depends on the amount given to the official and their frequency to decide if it is illegal.

7 0
3 years ago
Cutter Enterprises purchased equipment for $72,000 on January 1, 2018. The equipment is expected to have a five-year life and a
hram777 [196]

Answer:

$28,800

$25920

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  

2018 = 2/5 x 72,000 = 28,800

Book value = 72,000 - 28800 = 43,200

2019 = 2/5 x 43200 = 17280

Book value = 43200 - 17280 = 25290

3 0
3 years ago
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