Monopoly (mp) and perfect competition (pc) are the two completely opposite market structures. the market structures that fall between these two extremes are generally called <u>imperfectly competitive markets</u>.
Imperfect competition is a competitive market state of affairs where there are many dealers, however they may be selling heterogeneous (diverse) items instead of the correct aggressive marketplace state of affairs. as the name indicates, competitive markets are imperfect in nature.
Imperfect opposition regularly exists because of extremely excessive obstacles to entry for new suppliers. As an example, the airline industry has high barriers to entry due to the extraordinarily high cost of aircraft.
Imperfect markets are characterized by means of having competition for marketplace share, excessive boundaries to access and go out, exceptional products and services, and a small wide variety of customers and sellers. best markets are theoretical and can't exist inside the actual international; all real-world markets are imperfect markets.
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Answer:
$7,714
Explanation:
The computation of the cost of good sold under LIFO method is shown below
But before that following calculations need to be done
Goods sold = Beginning inventory + Purchases - Ending inventory
= 114 + (399 + 57) - 190
= 380 units
Now 380 units sold would include 57 units of July 22 purchases and balance i.e. (380-57) 323 units of July 7 purchases
So, cost of goods sold
= (57 × 22) + (323 ×20)
= $7,714
Answer:
D
Explanation:
i believe it could also be c
The answer is "place". Bank clients attempt to decrease vulnerability of utilizing an administration by drawing surmisings from the place, for example, the outline of the building's outside and inside, the format of the work areas, and the length of holding up lines
