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2 years ago

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

Business

1 answer:

Aleonysh [2.5K]2 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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A taxpayer who claims the standard deduction will not be subject to the 2 percent floor on unreimbursed employee expenses.

Dimas [21]

I think this is B- false because just because its 2 percent floor on unreimbursed doesn't mean anything.

Hope this helped. Have a great day! :D

7 0

2 years ago

You Just won a prize that will pay you $800 today and $500 a year for the next three years. Which is the correct formula for com

kow [346]

Answer:

The correct answer is PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3

Explanation:

Solution

Given that:

A price was wan by you today at =$800

For the next three years =$500 a year

Now

We compute for the present value of today at 6%

Thus

Present value (PV) = $800 + $500/1.06 + $500/1.062 + $500/1.063

Because $800 is receivable today, its present value is equal to $800,

So,

500 receivable after a year will be divided by 1.06

PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3

Therefore the right formula for computing the present value as of today at 6 percent is PV = $800 + $500/1.06 + $500/1.062 + $500/1.06^3

4 0

2 years ago

PLEASE HELP ASAP!!! Which statement describes a strategy for improving ones organization and time management at work ?

notsponge [240]

The answer is the 3rd one.

My explanation would be that the other reasons listed are for personal use such as friends birthdays, music, and a new clock, but the third answer is listing things appropriate for a business.

Hope I helped !

7 0

2 years ago

Information necessary to prepare the year-end adjusting entries appears below. Depreciation on the office equipment for the year

lisov135 [29]

Answer:

Journal entries

Dr Depreciation expense 10,500

Cr Accumulated depreciation office equipment 10,500

Dr Salaries and wages expense 1,000

Cr Salaries and wages payable1,000

Dr Interest expense1,530

Cr Interest payable1,530

Dr Interest receivable 1,400

Cr Interest revenue 1,400

Dr Prepaid insurance 8,750

Cr Insurance expense 8,750

Dr Supplies expense 380

Cr Supplies 380

Dr Sales revenue 1,400

Cr Deferred revenue 1 400

Dr Rent expense 700

Cr Prepaid rent 700

Explanation:

Calculation for Interest expense

($51,000 × 12% × 3/12) = $1,530

Calculation for Interest receivable ($21,000 × 8% × 10/12) = $1,400

Calculation for Prepaid insurance ($7,000 × 15/12) = $8,750

Calculation for Supplies expense ($1,000 − 620) = $380

4 0

3 years ago

Nix’It Company’s ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances (Nix

Mkey [24]

Answer:

July 31

Shrinkage Expense $1,800 ($44,300 - $42,500)

Inventory $1,800 Reflects the loss on inventory account.

Explanation:

When the company conduct a physical inventory of their merchandise, most of the time there are discrepancies between physical counts and books values, then it's necessary to reflect that in the accounting,

The correct way is to reflect the difference as a loss in there is less units of goods or as profit if there more units, it's mostly a loss because of damage or theft.

To this case the total amount on the books on July 31 was $44,300 but when the physical counts was made the result was a total value of $42,500, the difference of $1,800 it's reported as a loss to the company in the income statement.

5 0

2 years ago