Answer:
The correct answer is letter "A": Perfect Competition.
Explanation:
Perfect Competition is a theoretical framework of the market, in which competition is as high as possible. In perfectly competitive markets, <em>all firms sell an identical product, all firms are price takers, all firms have a relatively small market share, buyers have complete information about the product and prices, </em>and <em>the industry is characterized by low to no barriers to enter and exit a business</em>. Perfect competitive markets do not exist in real life.
Thus, <em>if the price a consumer is willing to pay for a product is greater than its marginal cost, that individual is likely in a perfectly competitive market.</em>
Answer:
NAFTA
Explanation:
NAFTA stands for the North American Free Trade Agreement and it represents a standing treaty between Mexico, Canada and the United States and it is recognized as the largest free trade treaty in the world.
NAFTA's treaty makes it possible for Electra Bikes which is an American brand to expand its business to Mexico and Canada. NAFTA as a treaty facilitates this expansion because the treaty has removed the trade barriers that existed among the three nations.
Answer: $11,800
Explanation:
Cashflow inflow from Customers is calculated as follows
Cash flow from customers = beginning account receivable + Credit sales - ending Account receivable.
Plugging in figures would give us,
= 3,360 + 10,640 - 2,200
= $11,800
$11,800 is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement.
You may wonder what happened to the uncollectible accounts expense amounted of $940. It was meant to confuse you. That figure is dealt with before the ending Account Receivable balance is computed.
Answer:
Reminder
Explanation:
It is a marketing plan consisting of brief messages sent with the objective of reminding a target consumer group about a product into an existing marketing program.
The correct answer is letter C, J<span>apanese banks pay interest on checking accounts. In Japan, banks are not willing to pay a high rate of interest. This is the reason why people who use their credit cards or other savings account they get charged extra for interest. </span>