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Pepsi [2]
3 years ago
10

Generally, perfectly competitive industries such as paper and steel (commodities) are deemed to be ________ in profits to more d

ifferentiated industries like pharmaceuticals and cosmetics. A. Similar B. Indeterminate C. Inferior D. Superior
Business
1 answer:
Marrrta [24]3 years ago
5 0

Answer:

<h2>The answer in this case would be option C. or Inferior.</h2>

Explanation:

  • A perfectly competitive market structure is characterized by numerous buyers/consumers and sellers/producers pertaining to the market for any particular good or service.The product or service sold in the perfectly competitive market is customarily similar or homogeneous.
  • There are no legal and administrative barriers to entry or exit for any individual firm or company in the perfectly competitive market structure eventually leading to higher level of market competition or rivalry.
  • High level or market competition or rivalry hinders the market power or price making ability of the firms or companies indicating that no single or individual firm or company in the market cannot determine the market price for the concerned good or service in the market and hence,they do not have any control over the market price.
  • In contrast,in relatively non-competitive markets such as monopolistic competition,characterized by differentiated or heterogeneous products or services generally experience relatively low market competition or rivalry providing respective firms or companies with relatively higher market power or control over the market price of the concerned product or service.Hence,in non-competitive markets with differentiated or heterogeneous products or services,the individual firms or companies can somehow determine the market price for the concerned product or service according to their profit maximizing intentions or behavior.
  • Therefore,overall profitability of the firms or companies in non-competitive firms is relatively higher compared to competitive firms or companies mainly due to product or service differentiation and difference in market competition or rivalry and price making ability or level of market power.
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Which report is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the a
White raven [17]

The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance  is called : Adjusted trial balance

<h3>What is an adjusted trial balance?</h3>

Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.

An adjusted trial balance include:

  • Adjustment for prepaid and accrued expenses.
  • Depreciation

Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.

Learn more about adjusted trial balance here: brainly.com/question/14274904

3 0
2 years ago
Valerie bought 200 shares of Able stock today. Able stock has been trading for some time on the NYSE. Valerie's purchase occurre
8_murik_8 [283]

Answer:

The correct answer is letter "C": Secondary market.

Explanation:

A secondary market relates to all equity transactions that occur after the initial offer. It can also refer to the exchanges where these transactions occur. The New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation (NASDAQ) are examples of secondary market exchanges.

5 0
3 years ago
Read 2 more answers
Which of the following would not be a current asset? Certificates of deposit that mature in six months Cash Customer receivables
zavuch27 [327]

Answer:

Supplier bills payable in 30 days

Explanation:

This is current assets

- Certificates of deposit that mature in six months

- Cash

- Customer receivables

The Supplier bills payable in 30 days is a current liability

7 0
3 years ago
In a set of statistics the _____ is the middle number
tino4ka555 [31]
C) Median

is your answer

Median is "the middle number in a given sequence of numbers, or the average of the two middle numbers when there is a even amount of numbers in a sequence"

For example, your median is 3 in a sequence of: 1,2,3,4,5

hope this helps
3 0
3 years ago
Nonquantitative methods to forecast the future need for employees, usually based on the knowledge of a pool of experts in a subj
AlexFokin [52]

Nonquantitative methods to forecast the future need for employees, usually based on the knowledge of a pool of experts in a subject or an industry, is called QUALITAIVE FORECASTING in human resource forecasting.

Explanation:

  • Qualitative forecasting is an estimation methodology that uses expert judgment, rather than numerical analysis. This type of forecasting relies upon the knowledge of highly experienced employees and consultants to provide insights into future outcomes.
  • It is a statistical technique to make predictions about the future which uses numerical measures and prior effects to predict future events. These techniques are based on models of mathematics and in nature are mostly objective. They are highly dependent on mathematical calculations.
  • Qualitative forecasting is useful when there is ambiguous or inadequate data.
  • Qualitative forecasting is most useful in situations where it is suspected that future results will depart markedly from results in prior periods, and which therefore cannot be predicted by quantitative means.
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3 years ago
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