The answer is the third option. It is true for a monopoly that is not true perfect competition that the firm and the industry are exactly the same entity.
In a perfect competition the industry (producers) is composed of a large number of companies or firms that compete in the market, trying to give the best product/service to the lowest cost, while in a monopoly there is one only firm which constitute the industry.
Answer: $222,800
Explanation:
Given that,
Sales = $427,000
Cost of goods sold (all variable) = $173,400
Total variable selling expense = $21,200
Total fixed selling expense = $18,900
Total variable administrative expense = $9,600
Total fixed administrative expense = $36,300
Variable expenses:
= Cost of goods sold + Variable selling expense + Variable administrative expense
= $173,400 + $21,200 + $9,600
= $204,200
Contribution margin = Sales - Variable expenses
= $427,000 - $204,200
= $222,800
The component of reflective listening that is absent from this conversation is clarifying the implicit.
Affirming contact:
Instead of necessarily signaling agreement, the purpose of affirming contact is to express attentiveness and assurance.
So "Wow" and "Yes!" in the conversation expresses attentivness and make Affirming contact.
Paraphrasing the expressed:
It clarifies to the speaker both what was heard and what the listener's thoughts and feelings were. occasionally use a follow-up question
Hence When TAMI said, "So you're saying that Ricky bought tomatoes you couldn't serve?" she was paraphrasing what was said. when he responded to ALBERTO's remarks.
Clarifying the implicit:
Any implicit messages, such as thoughts and feelings that are not fully or explicitly expressed along with their outwardly expressed message, are clarified.
Hence The conversation lacks Clarifying the implicit.
Learn more about Reflective Listening here:
brainly.com/question/8955472
#SPJ10
Answer:
Gabel Inc.
The company's cost of goods sold for the month is:
$61,000
Explanation:
a) Data and Calculations:
Beginning inventory = $13,000
Purchases 63,000
Goods available for sale 76,000
less Ending inventory 15,000
Cost of goods sold $61,000
b) A company's cost of goods sold is the difference between the cost of goods available for sale and its ending inventory of merchandise. This implies that the company allocates the cost of goods available for sale (which is the function of the beginning inventory and the purchases made during the period) between the cost of goods sold and the cost of the ending inventory based on the inventory valuation method in use.
Answer:
D. an increase in the price of a good causes a decrease in market demand for that good.
Explanation:
First, if prices decrease, then people will feel wealthier and consume more and the aggregate demand increases. (Pigou´s effect)
Second, if interest rates decrease available domestic investors will invest in foreign countries where return (interest rates]) on investments are higher. If domestic investors invest in foreign countries the supply of dollars will increases. This will decrease the real exchange rate and then exports will be affected in a positive way; exports will increase and thus the aggregate demand.
Third, when the price level is down, consumers demand less currency, which means that they will keep more money in their bank accounts. If banks have more money, then the interest rate for loans decrease. If interest rates decrease, the cost of investment decreases too. Then, if the price for investment decreases, the demand for it increases and the aggregate demand decreases too.
