Answer: Monopolistic competition
Explanation:
Monopolistic competition is described as a competition between firms where they offer similar services but not the same or exact services. This competition is seen in industries where differentiation is possible, example of such industries are restaurant, hairdressers, clothing, TV programs.
The Market Risk Premium (MRP) is the difference between the market portfolio's expected return and the risk-free rate.
<h3>What is
market ?</h3>
- A market is a place where buyers and sellers come together to facilitate the exchange and trading of goods and services.
- A market place can be physical, like a retail store, or virtual, like an e-merchant.
- Many of the other examples include illegal markets, auction markets, and financial markets.
- The structure of the economic market can be divided into four categories: Perfect competition, monopoly competition, oligopoly, monopoly.
- Categories differ in the following characteristics: The number of producers is large in monopoly competition, few in oligopoly, and he is one in monopoly.
- Markets matter. Markets are the mechanisms through which shares of a company are bought and sold, providing companies with access to cash.
- Markets are very important for pricing, liquidity transformation, and enabling businesses to meet customer needs.
To learn more about market from the given link :
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Answer:
$7,000
Explanation:
Calculation for the depreciation expense for the second year
Depreciation rate will be:
2/7 = 29%
$34,000 × 29% = $9,860
The depreciation in the first year will be $9,860
Thus,
($34,000 - $9,860) × 29%
$24,140×29%
= $7,000
Therefore the depreciation expense for the second year will be $7,000
Answer:
The multiple choices are as follows:
$4,720.
$17,260.
$48,680.
$43,960.
$42,960.
The beginning cash balance was $4,720
Explanation:
The formula for closing cash balance can be used to determine the opening cash balance as shown thus:
closing cash balance=net increase in cash+opening balance of cash
by arranging the equation
opening cash balance =closing cash balance-net increase in cash
closing cash balance is $26,700
net increase in cash is $21,980
opening cash balance=$26,700-$21,980=$4,720
Answer:
The false statement is letter "D": Contracts that can be performed within one year.
Explanation:
The statute of frauds establishes contracts to be written for some agreements to be secured. It mainly applies to land sales and purchases of goods $500 (U.S. dollars) and above, but it is not limited to only those two kinds of transactions. The statute of frauds capitalizes that contracts cannot be completed in less than one year. In that sense, the option "D" is a false statement.
