1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Setler [38]
3 years ago
8

Four degrees of competition

Business
1 answer:
Neko [114]3 years ago
4 0

Answer:

There are four types of competition in a free market system:

  1. perfect competition
  2. monopolistic competition
  3. oligopoly
  4. monopoly

Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

Hope this helps :)

You might be interested in
Bill and Brenda bought their home for $150,000. They made $50,000 of improvements. They sold the home for $450,000 and paid $30,
adell [148]

Answer:

Explanation:

Capital gains tax is a tax that is levied on the profit made from the sale of a non-inventory asset. The most common sources of capital gains are through the sale of bonds, precious metals, stocks, property, and real estate.

The IRS typically allows an exclusion of up to: $250,000 of capital gains on real estate for a single person and $500,000 of capital gains on real estate for a married couple who are filing jointly.

To find the amount on which they pay capital gains:

The adjusted basis is $200,000 which is:

Initial cost of buying the house for $150,000, plus cost of improvements $50,000.

The sales price of $450,000 minus the selling expenses which cost $30,000.

The amount realized is therefore:

$450,000 - $30,000 = $420,000.

Note: They will receive an exclusion of $500,000 because they are filing jointly. So Bill and Brenda will not pay any capital gains tax.

6 0
2 years ago
Read 2 more answers
Maxim Corp. has provided the following information about one of its products: Date Transaction Number of Units Cost per Unit 1/1
aniked [119]

Answer:

$64,000

Explanation:

Calculation to determine the cost of goods sold using the average cost method

First step is to calculate the Average cost

Average cost = [(200 × $140) + (400 × $160) + (100 × $200)] ÷ 700 units

Average cost= $160

Now let calculate the Cost of goods sold

Cost of goods sold = $160 × 400 units

Cost of goods sold = $64,000

Therefore the cost of goods sold using the average cost method will be $64,000

5 0
3 years ago
Kraft produces Lunchables, a prepackaged meal usually consisting of several crackers, small slices of meat, and small slices of
V125BC [204]

Answer:

<em>As mothers with a school going children, they are packing a meal which is healthy as well as simple.</em>

Explanation:

As the box color is bright yellow and the food which is inside the box is in a less quantity. <em>The target market for Kraft Lunchables is been considered very very likely </em><u>as mothers with a school going children, they are packing a meal which is healthy as well as simple</u>.  

<em>Because, as we can see in the question, the foods which are mentioned  there are very simple, hygienic and healthy, like a mom is packing a lunch-box for her school going child. </em>

<em>And we can also see the color of that box, the color also indicate the lunch-box that moms give to their child while the child is going to a school.</em>

3 0
3 years ago
Suppose during the course of a year an economy produces $7 trillion of consumer goods, $1 trillion of investment goods, $5 trill
In-s [12.5K]

Answer:

D) $12 trillion.

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP = Consumption + Investment + Government Spending + Net Export

Net Export = Export - Import

Net Export = $1 - $2 = -$1

GDP = $7 + $1 + $5 - $1 = $12

All calculations are in trillion

I hope my answer helps you.

4 0
3 years ago
What is likely to happen if a borrower misses a payment on a credit card account?
julsineya [31]
The borrower will get a late fee for not paying on the due date. 
6 0
3 years ago
Read 2 more answers
Other questions:
  • What key stage involves defining your project? a. Representing your data in a trustworthy manner b. Working with data c. Develop
    15·1 answer
  • In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce
    6·2 answers
  • Banks make a profit by __________.
    14·2 answers
  • The amount the objective function coefficient of a decision variable would have to improve before that variable would have a pos
    8·1 answer
  • Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage
    7·1 answer
  • Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's
    11·1 answer
  • During their first year, Austin and Associates bought $32,000 worth of supplies for their CPA firm. When purchased, the supplies
    12·1 answer
  • When there are many people singing the same job
    12·1 answer
  • Find the present value of $19,000 in 11 months at 5.1% interest
    8·1 answer
  • . A nonfinancial performance measure is often used to evaluate the __________ of a business activity. time quality quantity All
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!