Answer: Market maturity
Explanation:
A market is said to be mature when it has gotten to a state of equilibrium. The state of equilibrium means when an absence of lack of innovation or significant growth and the demand is equal to the supply that is decided by the market forces.
The maturity stage of the product life cycle explains that sales will peak and later slow down. At this stage, the sales growth has started to reduce and the product has reached widespread acceptance in the market.
Answer:
$945,000
Explanation:
The computation of the amount transferred to the finished goods is shown below:
= Material + labor + overhead
= $470,000 + $190,000 + $190,000 × $300,000 ÷ $200,000
= $470,000 + $190,000 + $285,000
= $945,000
hence, the amount transferred is $945,000
Answer:
because they want money why else
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Explanation:
Answer:
Characteristics of a Perfectly Competitive Market
One of the characteristics is the presence of many firms:
In a perfectly competitive market or industry, there is a large number of small firms producing homogeneous, identical, and unbranded products. As they are small in comparison to the overall market size, no single firm is able to exert market control over the price or quantity at which the firms sell to the buyers. In such a market, all the characteristics of a perfectly competitive market are present. Buyers and sellers have perfect knowledge of the product, prices, quantity, information, and technology. Under this scenario, if one firm doubles its production or stops production entirely in order to influence the market indexes, the market remains unaffected. With this, the price remains constant. There is no scarcity or surplus. The demand curve is always in equilibrium. There is no elasticity of price, since there is no change in the price of the product. Unfortunately, there is no market that is perfectly competitive. It is only an ideal situation. A close resemblance to this market is in the market for salt, because of the relatively cheap prices of salt. But, many firms have branded their products so differently that consumers make choices, but firms have not been able to influence the market. Unfortunately, this characteristic of perfectly competitive market is not present in the other three markets: monopolistic competition, oligopoly, or monopoly given their own basic characteristics.
Explanation:
A perfectly competitive market or industry has large number of small firms, with no exit or entry barriers. There is perfect knowledge of the market so that buyers and sellers have equal access to information. The goods in such a market is so identical that firms do not brand their goods to look different from others. As earlier mentioned, this type of market exists in the ideal world. Other market types are monopolistic competition, oligopoly, and monopoly. There are practical examples of the existence of such markets in the world.
Answer:
I don't there should be a problem with celebrities weighing in on politics.They are human right? I mean everyone has the right to say who they want to vote for. The only problem there might be is celebrities may impact the views of younger adults before they even know the people running and the opinions.
Explanation:
