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White raven [17]
3 years ago
8

Which of the following is not one of the three conditions that characterizes a perfectly competitive​ market? A. Firms have pric

ing power and can set their prices freely. B. Sellers in the market produce identical goods. C. Buyers are price takers and cannot influence the price charged. D. There are no barriers to entry or exit in the market.
Business
1 answer:
mart [117]3 years ago
3 0

Answer: Option A

Explanation: In simple words, perfect competition refers to a market structure in which the the market have a large number of small buyers and sellers.

Due to this high volume of small level buyers and sellers no single party has the power to influence the price. The price in such market are determined by the market forces of demand and supply.

Hence from the above we can conclude that the correct option is A.

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A U.S. citizen accrued $120,000 of creditable foreign taxes last year. The citizen's foreign tax credit limitation for last year
grandymaker [24]

Answer:

C) USD 8,000

Explanation:

Excess credits can be transferred back one year and can be moved ten years, or a sum of 11 (eleven) years. The credits that are anticipated  to be not used are  USD 16,000 So,

= ((USD 30,000 - (USD 2,000 × 11)).

= USD 8000/-

8 0
3 years ago
In 1998, the Canadian Magazine Publisher's Association (CMPA) predicted the demise of many Canadian magazines because the World
scoundrel [369]

Answer:

Dumping

Explanation:

This term is used in international trading where a company or country exports a large product at a price lower in the foreign importing market than the price in the exports domestic market and this action usually endangers the economic viability of local product manufacturer in the importing nation.

4 0
3 years ago
A company has net sales of $763,000 and cost of goods sold of $551,000. Its net income is $20,160. The company's gross margin an
SCORPION-xisa [38]

Answer:

27.79%; $191,840

Explanation:

Given that,

Net sales = $763,000

Cost of goods sold = $551,000

Net Income = $20,160

Gross Profit :

= Net sales - Cost of goods sold

= $763,000 - $551,000

= $212,000

Gross margin :

= Gross Profit  ÷ Net sales

= $212,000 ÷ $763,000

= 0.2779 or 27.79%

The operating expenses can be modeled with:

Net Income = Revenues - Expenses - COGS

$20,160 = $763,000 - Expenses - $551,000

Expenses = $191,840

6 0
3 years ago
Fred is working on a new storage system for his organization. He needs it to provide storage for the entire private cloud in the
vivado [14]

Answer:

a. SAN

Explanation:

Cloud computing can be defined as a type of computing that requires shared computing resources such as cloud storage (data storage), servers, computer power, and software over the internet rather than local servers and hard drives.

Generally, cloud computing offers individuals and businesses a fast, effective and efficient way of providing services.

iSCSI is simply an acronym for Internet Small Computer Systems Interface and it is typically an internet protocol (IP) with respect to a storage area network (SAN) standard used essentially for connecting data storage facilities over a transmission control protocol and internet protocol (TCP/IP).

A storage area network (SAN) can be defined as a high-speed computer network that is specially designed to avail end users the ability to access consolidated, block-level data storage. Thus, storage area network (SAN) typically connects network servers to data storage.

Hence, Fred is most likely to deploy a storage area network (SAN) in this scenario, to provide storage for the entire private cloud in the data center.

3 0
3 years ago
your company has a registered domain name. you decide to sell portions of the domain name and make it available to others. What
Aleks [24]

Answer: A shared domain

Explanation: A domain name refers to a registered address whereby the website of an individual or organization can be accessed. In simple terms, the name of a website is called the domain name. They are used in the identification of web pages and IP addresses. Domain sharing capabilities offer the opportunity to split users of a domain across multiple servers. When one decides to make portion of one's domain name available to others, such act is called domain sharing. This way a certain domain name will possess more than one user account.

5 0
3 years ago
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