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bagirrra123 [75]
3 years ago
9

Imagine your 16-year-old daughter wants to attend a friday night high school party, and you do not know who will be attending. u

sing three parenting styles discussed in the lesson, how would an authoritarian parent respond? a democratic parent? a permissive parent?
Business
1 answer:
Whitepunk [10]3 years ago
3 0
An authoritarian parent may say "No you are not going, you are forbidden to go and that is final!". A democratic parent might say, "If you wish to go, since you are only 16 I think you should go with your brother who is 18 for protection and in case the party gets out of hand he will bring you home and out of harm's way. I know you need sociability with your school mates as I also sought this when I was at school but it must be done responsibly. I expect you two to be home by 11PM". The permissive parent might say, "Sure, go for it and enjoy yourself and see you when you get home'.
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Which of the following characteristics differentiates a firm in an oligopolistic market from a firm in a perfectly competitive m
Oliga [24]

Answer:

A) A firm in an oligopolistic market has to consider its own impact on price when making production decisions

Explanation:

A perfectly competitive market is a market with many firms selling identical product. There are free entry and free exist and the decision of a firm does not affect the price in the market as all firms are price takers. Therefore, each firm is independent under perfectly competitive market and production decisions of a firm in a perfectly competitive market does not affect the price in the market nor will it cause any reaction from other firms.

However, Oligopolistic market is a market where there are few firms which are 3 or more firms but not more than 20 firms selling identical or differentiated product.. Firms in oligopolistic market are interdependent which implies that the decision of one firm can affect price and this can cause reaction from other firms and then lead to a price war. A price war occurs when each firm continually reduces its own price in order to increase its market share which causes other firms to react reducing their own prices and this will make none of the firms to gain in the end. In order to avoid the price war, each firm in an oligopolistic market has to consider its own impact on price when making production decisions.

6 0
3 years ago
In a small, closed economy national income (GDP) is $750.00 million for the current month. Individuals have spent $300.00 millio
Gwar [14]

Answer:

Investment is $50 million as shown below.

The national savings is -$150m as government spent more than it received in taxes.

The national savings and the investment moving in different directions shows that the economy is running a deficit budget

Explanation:

The formula for computing GDP is given as:

GDP = C + I + G + (Ex - Im)

Where C=Consumption

I=investment

G=Government expenditure

Ex=Export

Im=Import

In this case,neither export nor import is applicable

The formula becomes:

GDP=G+I+C

Rewritten I=GDP-C-G

I=750-300-400

I=$50m

National savings is the difference between what government in taxes and government exenditure.

National savings =T-G

National savings=250-400

National savings=-150m

3 0
3 years ago
Suppose that the owner of the small business you work for is planning to raise prices in order to increase revenues. The busines
andriy [413]

Answer:

B

Explanation:

Less competition equals hgiher prices.

6 0
3 years ago
A production department's output for the most recent month consisted of 12,000 units completed and transferred to the next stage
Sati [7]

Answer:

The equivalent units of production for the month, assuming the company uses the weighted average method would be 21,600 units

Explanation:

In order to calculate the equivalent units of production for the month, assuming the company uses the weighted average method, we would have to calculate first the following:

Units completed and transferred=physical units×%complete

Units completed and transferred=12,000×100%

Units completed and transferred=12,000 units

Ending goods in process=12,000×80%=9,600 units

Therefore, the equivalent units of production for the month= Units completed and transferred+Ending goods in process

equivalent units of production for the month=12,000+9,600

equivalent units of production for the month=21,600 units

5 0
4 years ago
Provide the name of two business competitors that manufacture and sell the same product. Be sure to name the products.
vampirchik [111]

Answer:

1. Coke vs Pepsi: product include Cold Beverage

2. Nike vs Reebok: product include sporting goods

6 0
3 years ago
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