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garik1379 [7]
3 years ago
9

A firm has market power if it can Select one: a. maximize profits. b. minimize costs. c. influence the market price of the good

it sells. d. hire as many workers as it needs at the prevailing wage rate.
Business
2 answers:
iren2701 [21]3 years ago
7 0

Answer:

The correct answer is C. Influence the market price of the good as it sells..

Explanation:

A company is said to have market power when it can increase and maintain the price of its products or services above the level that would exist in a perfectly competitive market.

Due to the price increase, demand may decrease. Therefore, market power can lead to a reduction in the quantity produced (and sold). Which entails a reduction in the welfare of society.

tatyana61 [14]3 years ago
5 0

Answer:

The correct answer is letter "C": influence the market price of the good it sells.

Explanation:

Market power refers to the ability a firm has to change the price of a good or service in the market without changing the supply, demand or both of them. Companies with market power are called "<em>price makers</em>". This scenario is more frequent to see in monopolistic or oligopolistic market models.

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For this assignment, respond to each of the questions presented in that lecture. You do not need to submit a completed outcomes
katrin [286]

In the above case, a skill acquisition will be the aim of the program.

<h3>What organizational goal is driving this skill acquisition training?</h3>

The purpose of skill acquisition is so that student can be able to learn one or more trade so that they can earn a living after school

<h3> What will the benefit be?</h3>

The benefit of acquiring a skill  is that one will be equipped with a lot of good resources and also the skill of  financial management, one will have improved strategic planning and others.

What competencies will skill acquisition need?

It just need your presence, one's talents and expertise that has been obtained via education or or life experience.

<h3>What is the skill gap? </h3>
  • Critical thinking/problem solving
  • Paying Attention to detail.
  • Leadership.
  • Teamwork.

<h3> What evaluation will be used to measure the level of goal achievement? </h3>

Output based on work done, practical work and result.

Who will be trained - student.

The estimated class size- 50 - 100

How many classes will there be and how long will this training last - 20 class and it will last 2 month.

knowledge and skill prerequisites -Ability to read and understand and also just come and you will be taught.

The type of program that is being proposed - skill and handwork training.

What media, if any will be used in the training - visual, media and communication tools will be used·

What will happen if we do not deliver the training - giving of certificates and graduation.

What are the restrictions or limitations for delivering a program - financial restriction.

What other methods may be used to reach the goal - use of the mass media for dissemination of information concerning the program. Its advantage is that it will benefit all and the disadvantage is financial constrain.

Learn more about skill acquisition from

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5 0
2 years ago
Serena's financial goal is to reduce debt. Which statement could make Serena's financial goal specific and timely?
dimaraw [331]
B. Serena should focus on a certain amount and track her spending
5 0
3 years ago
The following are selected 2020 transactions of Astin Corporation. Sept. 1 Purchased inventory from Encino Company on account fo
masya89 [10]

Answer:

inventory  50,000 debit

    accounts payable    50,000 credit

--to record purchase of goods--

accounts payable 50,000 debit

      notes payables      50,000 credit

--to record teh issued promissory note to setle the account--

cash                                  50,000 debit

discount on note payable 4,000 debit

  notes payable                            54,000 credit

--to record the discounted note--

Explanation:

a)  we record the purchase as always.

b) we are trading a liability for another. We do not receive for the note.

c) we discount on the note and we are goind to declare the interest expense at maturity or year-end against this discount.

5 0
4 years ago
Heath can pay $10 for one meal deal at the hamburger restaurant or $15 for
andrezito [222]

The marginal cost of the second meal deal is $5.

<h3>What is the marginal cost?</h3>

The marginal cost is the change in total cost when consumption is increased by one unit.

Marginal cost = change in total cost / change in consumption

($15 - $10) / (2 - 1) = $5

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8 0
2 years ago
The ______ is a security technique associated with the use of credit cards at the time of purchase that checks additional digits
gayaneshka [121]

Answer:

Card Verification Number

Explanation:

The card verification number is the additional code printed on the back of the debit or credit card. On most cards it is the last three digits printed on the signature strip located on the back of the card. On American Express (AMEX) cards, this is usually a four-digit code on the front of the card. Since this number is not embossed (like the card number), it is not printed on receipts, so it is unlikely that anyone, In addition to the actual cardholder, know him.

6 0
4 years ago
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