<span>False. The market for digital cable does not
exhibit the two primary characteristics that define perfectly competitive
markets. A perfectly competitive market is a theoretical market structure
because the firms have to meet specific criteria to be considered a perfectly
competitive market. The firms have to sell the same product (which digital
cable varies in what packages and channels they offer), they need to set the
same price and they are unable to allow the market shares to determine their
prices. </span>
Answer and Explanation:
The balance sheet is shown below:-
The computation of note payable is below:-
Notes Payable = $1,198,000 - $649,600
= $548,400
Total notes payable by the company are$1,198,000, of which $649,600 is common stock issue and $548,400 is cash liquidate.
Windsor Company
Partial Balance sheet
December 31, 2020
Particulars Amount
Current Liabilities:
Notes Payable $548,400
Long term Debt:
Notes Payable $649,600
Tactical planning can be described as the actions taken by management to specify the intermediate goals and objectives of the organization.
<h3>What is meant by tactical planning?</h3>
The tactical planning can be described as the list of outlines of the specific actions that one or the organization has planned that they would use in the achievement of a specific goal and for the addressing of a particular problem.
It will help you to list the tasks that you want to carry out on your own and the ones that you would have to assign to workers. Hence we can say that: Tactical planning can be described as the actions taken by management to specify the intermediate goals and objectives of the organization.
Read more on tactical planning here: brainly.com/question/8613698
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Answer:
The customer should buy more of good X.
Explanation:
Marginal utility is the additional satisfaction derived from spending an additional unit of money on a commodity.
In the scenario above, since more additional satisfaction is derived from purchasing good X than it is derived from purchasing good Y, then more of good X should be purchased, because this is clearly the commodity that offers more satisfaction.
Therefore, in order for utility to be maximized, more money should be spent on more of good X.
