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3 years ago

In an oligopoly situation, a wise marketing manager will probably set the firm's price level:

Business

1 answer:

Aleonysh [2.5K]3 years ago

7 0

Answer:

Letter A is correct. At the competitive level.

Explanation:

An oligopoly is a marketing structure that occurs when some companies come together to determine the supply of products or services.

In this type of market there is imperfect competition, where market control is exercised by few companies, capable of regulating the behaviors and market decisions of other companies.

Therefore in an oligopoly situation the ideal is that the price level of a company be defined at a competitive level, since the goods produced are homogeneous and the degree of differentiation occurs in the variables of service, quality, image and not so much in the variation of prices. price.

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3 years ago

Poskey Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following

MrRa [10]

Answer:

$\left[\begin{array}{cccccc}&Cost&Assembly&Setting Up&Other&Total\\wages&349,000&226,850&69,800&52,350&349,000\\Depreciation&290,000&101,500&58,000&130,500&290,000&Utilities&199,000&29,850&149,250&19,900&199,000&Total&838,000&358,200&277,050&202,750&838,000&\end{array}\right]$

Explanation:

We mulitply each line by the stated percent of each activity

for example

Setting Up % x Utilities= Utilities cost assigned to setting up

199,000x 75% = 149,250

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35% x 290,000 = 101,500

This process must be done to assign each portion of cost.

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3 years ago

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3 years ago

When reporting inventory using the lower of cost or market, market should not be less than:

Natali5045456 [20]

Answer:

Net realizable value less a normal profit margin.

Explanation:

Lower of cost or market rule of inventory states that cost of inventory recorded must be that at which cost is lower, and the original cost is the current market price.

This occurs when the inventory has become obsolete, market price has declined, or inventory has deteriorated

Net realisable value is defined as selling price minus estimated cost of completion.

So the market value should not be less than net realizable value less a normal profit margin.

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3 years ago

When Tom had the satellite dish placed on the roof of his house, the installer dislodged and made no attempt to replace a half d

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Answer: irate

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In the given case, Tom is complaining about the lousy service from his friends but not to any third party. Also, he is doing so with the intention of awaring others.

Hence from the above we can conclude that Tom is an irate kind of complainer.

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3 years ago