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
Elden [556K]
3 years ago
13

Suppose that the market for computers is dominated by a single firm, like Dell, that is able to exert influence over prices and

output. This situation violates the perfect competition assumption of:________________.
Business
1 answer:
Salsk061 [2.6K]3 years ago
8 0

Answer:

many buyers and sellers

Explanation:

Based on the information provided within the question it can be said that this situation violates the perfect competition assumption of many buyers and sellers. This is a model that many buyers and sellers in a competitive market agree on a single market price, and that no individual has influence over the price. Therefore if a single company, like Dell in this scenario, is able to influence the price then it is violating this assumption.

You might be interested in
Mr. Romeri's actions in deceiving Ms. Conley were legal and ethical.
galina1969 [7]
Mr. Romeri's actions in deceiving Ms. Conley were legal and ethical --- this statement is FALSE. Deception is never legal nor ethical. Especially in this case where a man deceived a woman for his personal gain. This may be acquitted in some courts but normally this is not acceptable. 
4 0
3 years ago
Lisa's opportunity cost rate is 10 percent compounded annually. how much must she deposit in an account today if she wants to re
Aleks04 [339]

Answer:

The answer would be, $21,760

Explanation:

The formula to be used is  that of calculating the present value (PV) of the payment in the ordinary annuity (PMT). PMT are done annually, semi-annually, quarterly or monthly.

PV = PMT * ((1-(1/ (1+r) n))/r)

Where PV is the present value; PMT is the payment in an ordinary annuity; r is the opportunity cost rate; n is the number of years  

in this case, PV= 3,200; r=10%, and n=12

To get PV, substitute the values given above and compute as shown below:

PV  = 3,200*((1-(1/(1+0.10)12))/0.10)

PV= $21,760

With an opportunity cost of 10% compounded annually, Lisa will have to deposit $21,760 today if she wants to be receiving $3,200 at the end of each year for the next 12 years.

5 0
3 years ago
While stocking the shelves with a new soup, the store manager notes a difference in price between the 16-ounce can and the 32-ou
asambeis [7]

Answer:

The correct answer is: Cost-Plus Pricing Strategy.

Explanation:

To begin with, a ''Cost-Plus'' is the name that a pricing strategy receives in the field of marketing and business that mainly focuses on the pricing of a product by the cost of it plus a certain porcentage of benefit, considering this last one as the benefit margin. Moreover, this type of pricing strategy is one of the most common ones in the field, typically the businesses use this type of pricing strategy due to the fact that it is easy to establish and it does not consider complex terms.

Secondly, in this case where the manager notices such a difference in the prices of the two cans is due to the fact that the manufacturer put less commodities and less effort in the can of 16-ounce rather than in the other can of 32-ounce where there is more soup and therefore there is more cost in that can, establishing that a higher price must put in that one.

5 0
3 years ago
Someone with dollar bills to lend will never agree to make a loan with a nominal interest rate of less than zero because:
saw5 [17]
<span>Having a nominal interest rate less than 0 would mean that a depositor pays a bank to hold its money. If the annual nominal interest rate is negative 1 percent, a deposit of $1000 dollar would come out $10 dollar short the following year which is why someone with dollar bills will never agree to loan with a nominal interest rate that is negative percent.


</span>
7 0
3 years ago
Under the percentage of completion method, if the actual costs are ____ the estimated costs, the taxpayer must pay interest on t
Sphinxa [80]

Answer:

The correct answer is Less than the estimated costs.

Explanation:

The percentage method completed is an accounting practice used to recognize income in long-term contracts.

When long-term projects (greater than one year) are undertaken, the costs and revenues associated with it are incurred throughout its life.

This accounting method, as its name suggests, allows the company to account for part of the associated income and expenses incurred as the project phases are completed. Thus, the percentage complete method is understood as a method of recognition of recognition of income and expenses that is applied continuously without having to defer income and expenses at the end of the project.

8 0
3 years ago
Other questions:
  • I'LL GIVE YOU BRAINLIST!!!!!
    5·1 answer
  • Republican influence in big business and their party’s domination of government resulted in a close relationship between big bus
    15·1 answer
  • This resume format focuses on the task or skills that an applicant can preform :
    11·1 answer
  • Lako Systems is looking to increase performance of employees in decision-oriented and knowledge-intensive jobs within the firm.
    10·2 answers
  • Larson Manufacturing is considering purchasing a new injectionmolding machine for $250,000 to expand its production capacity. It
    11·1 answer
  • The disaster recovery team will be made up of many different people in the __________ who have a stake in the outcome of recover
    11·1 answer
  • The balance sheet for Monty Consulting reports the following information on July 1, 2022. Long-term liabilities Bonds payable $1
    6·1 answer
  • A business opportunity that match traveling​
    9·1 answer
  • You are the manager of a monopoly, and your analysts have estimated your demand and cost functions as P = 200 − 2Q and C(Q) = 1,
    6·1 answer
  • Economists study international trade or trade between countries. List which countries you think are the top four trading partner
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!