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k0ka [10]
4 years ago
8

Which market type is most beneficial to consumers?

Business
2 answers:
shusha [124]4 years ago
6 0
"Purely competitive" is the market type among the following choices given in the question that is <span>most beneficial to consumers. The correct option among all the options that are given in the question is the third option or option "C". I hope that this is the answer that has come to your desired help.</span>
umka21 [38]4 years ago
4 0

Answer:

C. purely competitive

Explanation:

<em>In a purely competitive market, the prices are determined by the consumer's demand</em>, this kind of marked leaves the power in hands of the consumers because<em> all firms produce a standardized product and therefore they don't have influence over the market price, contrary to oligopoly or monopoly.</em>

I hope you find this information useful and interesting! Good luck!

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If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditor
USPshnik [31]

Answer:

The auditor should issue a qualified report for the departure from generally accepted accounting principles.

Explanation:

A qualified opinion can be understood as the statement given by an auditor in conjunction with a corporation's audited financial statements in an auditor's report. It was an auditor's judgement that implies a firm's earnings reporting was restricted in scope or that there was a substantial fault with the implementation of generally accepted accounting standards (GAAP)—but hardly one that was widespread.

3 0
3 years ago
In the first three years of operations, Lindsey Corporation reported net income(loss) of $(150,000), $100,000, and $250,000. At
Dmitriy789 [7]

Answer:

$80,000

Explanation:

The calculation of the total amount of dividend for three years is given below

= Net loss for first-year - net income for the second year + net income for the third year - ending retained earning balance

= -$150,000 + $100,000 + $250,000 - $120,000

= $200,000 - $120,000

= $80,000

And,

As we know,  

The ending balance of retained earning = Beginning balance of retained earnings + net income - cash dividend paid

So, we used the same formula to compute the dividend amount

3 0
3 years ago
The difference between the economic impact upon a municipality by a convention center as opposed to a stadium or arena built for
jarptica [38.1K]

Answer:

increase presence of visitor spending

Explanation:

hope the answer satisfies

7 0
3 years ago
Greece Inc. has excess capacity. Under what situations should the company accept a special order for less than the current selli
ipn [44]

Answer:

D) When incremental revenues exceed incremental costs

Explanation:

Incremental revenues are the additional revenues generated by selling additional units, or in this case an special order. Incremental costs are the additional costs generated by accepting the special order.

Generally when a special order is being considered, the company must first determine if the additional output is possible with the current capacity, and if so, which additional costs would apply to the special order. Generally certain fixed costs are not included in the cost analysis of special orders, and only variable costs are used to determine if it generates profits or not.

6 0
4 years ago
Bill’s Bakery is trying to decide if it should use all of its resources to make 12 dozen chocolate chip cookies or 10 dozen pean
juin [17]

Answer:

The trade off Bill's Bakery will make will be using most of its resources in producing the product that would be more attractive to the customers while producing lesser of the less attractive product

Explanation:

The trade off that Bill will make will be using most of its resources in producing the product that would be more attractive to the customers while producing lesser of the less attractive product. this will be dependent on which product will be more beneficial to Bill's Bakery financial i.e based on customers depend .

A Trade off is a business exchange where by one benefit is given up for another because both cannot be compatible at a time

8 0
3 years ago
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