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4 years ago

Four degrees of competition

Business

1 answer:

Neko [114]4 years ago

4 0

Answer:

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

perfect competition
monopolistic competition
oligopoly
monopoly

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

Hope this helps :)

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At the beginning of a recent year, JetBlue's assets were $6,549 million and its equity was $1,546 million. During the year, asse

Simora [160]

Answer:

Thus, the JetBlue's equity at the end of the year is $1,654 million

Explanation:

In this case, the accounting equation is used.

Accounting equation means the equation which shows double accounting entry system. Double accounting means debit side and credit side. In this accounting equation, the total assets is equal to total liabilities + total equity.

Total Assets = Total Liabilities + Total Equity

$6549 = Total Liabilities + $1,546

Total Liabilities = $5,003 million

In the question the assets is increased by $44 million whereas liabilities is decreased by $64 million.

So,

Updated asset value = $6,549+$44

= $6,593 million

Updated liabilities value = $5,003 - $64

= $4,939 million

So, the ending equity value will be

= Ending assets - Ending liabilities

= $6,593 million - $4,939 million

= $1,654 million

Thus, the JetBlue's equity at the end of the year is $1,654 million

7 0

3 years ago

A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The software manage

Rina8888 [55]

Answer and Explanation:

Given:

Actual time (AT) = 70 days

Actual cost (AC) = $78,000

Scheduled cost (SC) = $84,000

Earned value (EV) = $81,000

Computation of cost variance:

Cost variance = Earned value - Actual cost

Cost variance = $81,000 - $78,000

Cost variance = $3,000

Computation of schedule variance:

Schedule variance = Earned value - Scheduled cost

Schedule variance = $81,000 - $84,000

Schedule variance = - $3,000

Computation of Cost schedule Index (CSI):

Cost schedule Index = EV² / (AC × SC)

Cost schedule Index = ($81,000)² / ($78,000 × $84,000)

Cost schedule Index = 1.00137363

Cost schedule Index = 1.001 (Approx)

Computation of time variance:

Time variance = (AT × CSI) - AT

Time variance = (70 × 1.001) - 70

Time variance = (70.07) - 70

Time variance = 0.07 days

7 0

3 years ago

You were recently hired by RLM Inc. It is your job to prepare reports and analyze financial information related to the company.

Alex73 [517]

Answer:

d. management

Explanation:

Based on the job tasks described within the question it seems that you were recently hired as a management accountant. This role focuses on (like mentioned in the question) preparing reports and analyzing as much financial information as possible in order to best inform yourself, so that you can help you make the best and most strategic decisions for the organization. Which seems to by why RLM Inc. has hired you.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0

3 years ago

Any effort by the Federal Trade Commission (FTC) to evaluate expected deceptive marketing practices would be seriously flawed be

Llana [10]

Answer:

True

Explanation:

This is true because the Federal Trade commission(FTC) analyze and investigate a seller or sellers who may be so cooperative as to make agreements that ensure large amounts of profit for them which is likely harmful and exploitative to consumers . FTC investigates business mergers which may be horizontal or vertical that are likely done for the purpose of increasing market share and fostering a sort of monopoly of the market. However, mergers and cooperation among businesses in the market do not always yield a monopoly and the FTC may be wrong(sometimes) to wave mergers that could increase the quality of goods or services in a market

7 0

3 years ago

Scott defines "minority owned" in his study of businesses in Northeastern City as being those businesses that are currently owne

Sphinxa [80]

Answer:

conceptualized

Explanation:

Based on the information provided within the question it can be said that in this scenario Scott has conceptualized the concept of "minority owned". This term refers to when an individual creates an abstract but very simplified view of something. Which in this case he gave the term "minority owned" a simplified definition of being only owned by women or African Americans, when there can be many other minorities in a certain area.

4 0

3 years ago