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White raven [17]
2 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]2 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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Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a
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Answer:

$154,050

Explanation:

The computation of the net income for the firm is shown below:

Sales               $634,000

Less: costs      -$328,000

Less: depreciation -$73,000

EBIT                   -$233,000

Less: interest      -$38,000

EBT                      195,000

Less: tax(195,000 × 21%) -$40,950

Net income    $154,050

We simply deduct all expenses ,interest and taxes from the sales revenue so that the net income could come and the same is to be considered

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C. maintaining the organization without any changes of primary importance
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The asymmetric information problem in the market for healthcare services is​ _______.
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Answer:

B

Explanation:

Asymmetric information is an instance of market failure.

It is when one party to a transaction possesses greater information or knowledge than the other party. e.g. when a seller possesses greater information than the buyer or when a buyer possesses greater information than the seller.

Individuals know when they have a more healthy lifestyle while their insurers might not be privy to such information due to privacy laws

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3 years ago
Shawn starts a business called valuecentral.com, the concept takes off, and the company has an ipo and goes public. the company
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In such a case Shawn's company cannot and should not give out a dividend.

Since the company has just raised money, is growing and profitable and it is becoming hard to keep up with demand, this is the best time for the company to reinvest its profits to:

1. Hire more people/Buy more product

2. Improve processes

3. Use the profits to invest in R&D

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So no dividend should be given since it can hamper the growth of a young company. The money should be used to grow the company for now and in the future all shareholders can enjoy good dividends.




8 0
3 years ago
When using the indirect method to determine cash flows from operating activities, an increase in prepaid expenses should be repo
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Answer:

it is an adjustment to net income.

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other adjustments to net income:

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changes in accounts payable

changes in other current liabilities, e.g. taxes payable

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