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Darya [45]
3 years ago
9

Econ please helppp :(((((

Business
1 answer:
Lelechka [254]3 years ago
5 0

Answer:

Pure competition

Explanation:

Pure competition refers to an ideal market with very many suppliers selling an identical product. Because the sellers are many, none of them can influence the price. Pure competition is also the perfect competition.  Other characteristics of perfect competition include.

  1. easy to enter and exit the market since there are no trade barriers
  2. All sellers sell a homogeneous product
  3. all sellers are price takers
  4. There are many buyers.
  5. Buyers have sufficient knowledge of prices and suppliers.
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Kim runs a restaurant. She expects her employees to deliver excellent customer service. As a result, the employees often feel pr
Harrizon [31]

Answer:

C) The authority-compliance style

Explanation:

Kim as well as other managers that follow the authority-compliance style believe that their subordinates are not important members of the organization. What matters is profits, and the higher the better, the needs of the employees are secondary.

This style focuses on exact work rules, arrangements, systems and discipline as a means to succeed. In the short run this leadership style can yield good results, improving employees' performance, but on the long run it doesn't work well, and all the benefits obtained at the beginning fade away.

5 0
3 years ago
Rehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.06 direct labor
Phoenix [80]

Answer:

Results are below.

Explanation:

Giving the following information:

Each unit of output requires 0.06 direct labor-hours.

The direct labor rate is $8.00 per direct labor-hour.

The production budget calls for producing 5,300 units in June and 5,800 units in July.

<u>Direct labor budget June:</u>

Direct labor hours= 5,300*0.06= 318

Direct labor cost= 318*8= $2,544

<u>Direct labor budget July:</u>

Direct labor hours= 5,800*0.06= 348

Direct labor cost= 348*8= $2,784

3 0
3 years ago
True or False: A rebate and a discount are the same.
crimeas [40]
False



hope it is correct
4 0
3 years ago
Marigold Company discovered the following errors made in January 2022.
lys-0071 [83]

Answer:

A. Reversals entry

1. Dr Cash 900

Cr Equipment 900

Correct entry

Dr Wages and salaries 900

Cr Cash 900

B.

2. Dr Cash 5850

Dr Service revenue 650

Cr Account payable $6,500

3. Dr Accounts payable 360

Cr Equipment 360

Explanation:

A. To Correct the errors by reversing the incorrect entry and Preparation of the correct entry.

Reversals entry

1. Dr Cash 900

Cr Equipment 900

Correct entry

Dr Wages and salaries 900

Cr Cash 900

B. To Correct the errors without reversing the incorrect entry

2. Dr Cash 5850

($6500-650)

Dr Service revenue 650

Cr Account payable $6,500

3. Dr Accounts payable 360

(510-150)

Cr Equipment 360

4 0
3 years ago
Which statement defines equilibrium in a graph showing demand and Supply curves? <br>​
NemiM [27]

On a graph that shows supply and demand curves, <u>equilibrium is the single point where the two curves meet</u> (aka are <em>equal</em>).

5 0
3 years ago
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