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nekit [7.7K]
3 years ago
10

Determine which market model best describes the scenario:

Business
1 answer:
ludmilkaskok [199]3 years ago
8 0

Answer:

c) Perfect Competition

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. There are no barriers to entry and exit of firms. Firms are price takers

A monopolistic competition is when there are many buyers and sellers of differentiated goods and services. Sellers set their market price.

An oligopoly is when few large firms dominate an industry. There are really high barriers to entry and exit of firms.

A monopoly is when there is only one firm operating in an industry. There are high barriers to entry and exit of firms. The firm sets market price.

In this question, the market model describes a perfect competition because there are many sellers of identical goods (pasta).

I hope my answer helps you

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D a basic need for a constant supply of the item.
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The Crash Davis Driving School has an ROE of 13.3 percent and a payout ratio of 32 percent. What is its sustainable growth rate?
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Answer:

sustainable growth rate for Crash Davis Driving School:  9.044%

Explanation:

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Assuming the company thakes no debt for the period then:

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7 0
3 years ago
Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets
alekssr [168]

Answer:

$7.15

Explanation:

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Wages and salaries charged to each bouquet produced = (60%*$180,000)+(50%*$70,000)/20,000 bouquet

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Therefore The cost of wages and salaries and other overhead that would be charged to each bouquet made is:$7.15

7 0
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Develop strong relationship with supplier

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