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4 years ago

Homogeneous oligopoly exists where a small number of firms are ______.

Business

1 answer:

Otrada [13]4 years ago

3 0

Answer:

Explanation:

If the firms in an oligopolistic industry can establish an effective cartel, the resulting output and price will approximate those of a pure monopoly.

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You were asked to read U.S. Statistics in 1912 and in your writing journal, you reflected upon how different your life would be

Zolol [24]

Explanation:

Hi, you've asked an incomplete question. However, based on inference, after consult relevant academic material, the learning objective on this particular assignment is stated below;

<em>"To think about things like your education, career goals, romantic relationships, how you get around, and your physical health, write at least one paragraph explaining how such aspects of your life would have changed had you lived in the early 1900s."</em>

4 0

3 years ago

What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current ratio equals 3, quick ratio equa

soldi70 [24.7K]

Answer:

Inventory turnover= 5.5 times

Explanation:

Current ratio is given as 3

Cost of goods sold = $5,000

Current assets = $1,800

Quick ratio= 1.5

Current ratio= current assets/ current liabilities

3= 1,800/ current liabilities

Current liabilities= 1,800/3

Current liabilities= $600

Quick ratio= Cash and Receivables/ Current liabilities

1.5= Cash and Receivables/600

Cash and Receivables= 600* 1.5= $900

Current asset= Cash and Receivables + Inventory

1,800= 900+ Inventory

Inventory= 1,800-900

Inventory= $900

Inventory turnover= Cost of goods sold/ Inventory

Inventory turnover= 5,000/900

Inventory turnover= 5.5 times

6 0

3 years ago

Institute Technologies is choosing new cost drivers for its accounting system. One driver is labor hours, the other is a combina

Eddi Din [679]

Answer:

d) $2,000,000 $990,000

Explanation:

The computation is shown below:

Unit variable cost pool is

= Budgeted cost ÷ Budgeted machine hours

= $1,600,000 ÷ 360,000

=$ 4.444 per machine hour

And,

Batch-level cost pool = Budgeted cost ÷ Budgeted number of setups

= $900,000 ÷ 3000

= $ 300 per setup

Now

Unit variable cost pool is

= Actual machine hours × Activity rate

= 450000 × 4.44

= $2,000,000

And, Batch-level cost pool is

= Actual number of setups × Activity rate

= 3300 × 300

=$990,000

3 0

3 years ago

You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-lon

Scrat [10]

Answer:

$22

Explanation:

The total cost of skipping practice and going to the carnival will be computed by adding the forfeited earnings from practice plus the carnival admission fee.

Total cost = $13 + $9 = $22.

Therefore, if the practice had not been skipped and the carnival not attended, $22 would have been saved.

6 0

3 years ago

Which is an example of a demand account?

Tamiku [17]

A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning.

Answer is D. checking account as they allow the depositor to withdraw funds at any time.

7 0

3 years ago

Read 2 more answers