Answer:
b
Explanation:
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
- Firms that set the market price for their products
- profit maximisation
- high barriers to entry or exit of firms
- downward sloping demand curve
87 octane gas in Durham is the same in each of the five stations, so the product is undifferentiated
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
A monopolistic competition is when there are many firms selling differentiated products in an industry.
A monopoly is when there is only one firm operating in an industry.
An example of a monopoly is a utility company
Answer Not claiming the instrument hes sending
Explanation:
Answer:
2.0 percent
Explanation:
Inflation can be defined as the persistent rise in general price levels.
Inflation can be calculated by determining the change in price levels.
(122.4 / 120 ) - 1 = 0.02 = 2%
I hope my answer helps you
Answer:
Looking through a suspect's garbage for possible evidence.
Explanation:
When an investigation is being carried out, looking through a suspect's trash is a good strategy.
People tend to discard relevant documents in am investigation through their trash, and looking through their garbage can uncover items that will give insights on cases.
For example if an individual commits a fraud in the process of concealment he may have torn up a document, and put it in the trash for disposal. People feel nobody goes through trash and that it is a good way of disposing evidence.
Answer and Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $1,800,000
(1,800 × $1,000)
To Discount on bonds payable $30,000
To Common stock $720,000
(1,800 × 40 × $10)
To Paid-in-capital in excess of par $1,050,000
(Being conversion of bond into common stock is recorded)
Therefore for recording the conversion using the book value approach we simply debited the bonds payable and credited the discount on bonds payable, common stock and paid-in-capital in excess of par.
