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Zinaida [17]
3 years ago
11

In a perfectly competitive market, all producers sell goods or services. Additionally, there are buyers and sellers. Because of

these two characteristics, both buyers and sellers in perfectly competitive markets are price . True or False: The market for public utilities, such as gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets. True False
Business
1 answer:
Naily [24]3 years ago
3 0

Answer:

In a perfectly competitive market, all producers sell goods or services. Additionally, there are buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price .

TRUE

The market for public utilities, such as gas and electricity, does not exhibit the two primary characteristics that define perfectly competitive markets

FALSE

Explanation:

A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. ... Perfect competition occurs when there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers are price takers.

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Which of these items is not an adjustment to taxable income or net loss to compute current E&P?
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Answer:

d. Federal income taxes paid or accrued

Explanation:

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3 years ago
A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted c
Mila [183]

Answer:

$4.00

Explanation:

To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as

Activity 1 allocated to Product B2 line we have as

$48,000 × 4,800/6,000

= $38,400

Activity 2 allocated to Product B2 line we have it as

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=$80,000 × 800/8,000

= $8,000

Total overhead allocated to Product B2 = $89,240

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4 0
4 years ago
During the year, Hamlet Inc. paid $ 26,000 to have bond certificates printed and engraved, paid $ 110,000 in legal fees, paid $
baherus [9]

Answer:

$388,000

Explanation:

Data provided

Bond certificates printed = $26,000

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CPA registration = $12,000

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The calculation of amount of bond issue costs is shown below:-

Total Bond issue costs = Bond certificates printed + Legal fees paid + CPA registration + Underwriter commission

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The management of a facility that manufactures parts for car brakes has a policy of testing only some of the items in each produ
Arisa [49]

Answer:Quality control

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Every company device a method to identify the defects and thus eliminate the defects. Quality control team do not correct the mistake instead they notify another team to correct the defect.

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