Answer:
There are four types of competition in a free market system:
- perfect competition
- monopolistic competition
- oligopoly
- monopoly
Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.
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Answer:
d. not all resources are equally suited to producing every good.
Explanation:
The rule of increasing cost of opportunity is the principle that, when you keep increasing the development of one item, the cost of opportunity of creating the next unit rises. It occurs just as you redistribute resources to create one product which was ideally suited to create the initial product.
The three logistics-related costs are relevant when analyzing the choice of number of facilities in a distribution network C) inventory costs, transportation costs, and facility costs.
<h3>What is logistic?</h3>
Logistic is the process of transporting the goods as well as the services of the company.
Therefore, the cost involves are:
- inventory costs
- transportation costs
- facility costs.
Learn more about logistics-related costs at:
brainly.com/question/25885810
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Answer:
2.6 years
The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company
Explanation:
Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.
Payback period = amount invested / cash flow
Cash flows is used in calculating the payback period.
To derive the payback period from net income, add depreciation to net income
$82,000 + $42,000 = $124,000
$321,000 / $124,000 = 2.6 years
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Answer:
I drew the production possibilities frontier curve for both nations, A and B, and attached it.
Explanation:
