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Yuki888 [10]
2 years ago
13

A firm has market power if it can a. maximize profits. b. minimize costs. c. influence the market price of the good it sells. d.

hire as many workers as it needs at the prevailing wage rate.
Business
1 answer:
VikaD [51]2 years ago
5 0

Answer:

Option C: Influence the market price of the good as it sells

Explanation:

Market Power is simply when a firm is able to raise price above the equilibrium level by not and without losing all of its customers. It depends on largely on the closeness of substiutes.

A firm has market power if it can Influence the market price of the good as it sells to its customer and can regulate it when necessary.

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A company's Income Tax Payable account decreased from $14 million to $12 million during the year. If its income tax expense was
Flura [38]

Answer:

A cash outflow of $82 million is correct answer

Explanation:

Options:

A cash outflow of $12 million.

A cash outflow of $78 million.

A cash outflow of $80 million.

A cash outflow of $82 million.

(Hope this helps can I pls have brainlist (crown)

8 0
2 years ago
Read 2 more answers
Maddie's shoe store donated hundreds of pairs of shoes to needy children at an inner city school. A news crew reported on the do
chubhunter [2.5K]

Answer:

publicity

Explanation:

Publicity involves creating an excellent reputation for a company's brand name. Publicly arises from positives messages from the media, and other sources such as the internet and word of mouth.  An organization engages in activities that create a good relationship with the media and the public to build the desired publicity.

Publicity messages are not paid for, unlike advertising.  In the case of Maddie, the business was engaged in a charitable event. The event was captured in the press, and Maddie brand name was mentioned, thus promoting its brand name.  

3 0
3 years ago
What is implied when the total cost of producing Q1 and Q2 together is less than the total cost of producing Q1 and Q2 separatel
KonstantinChe [14]

Answer:

The correct answer is D. Economies of scope.

Explanation:

The Economies of scope means the reduction of the average costs under the production of two or more products or services together. This must always be observed in the production process, in order to strategically plan the entire internal production process of the company. By implementing this type of joint production, great savings are achieved in own production factors, seeking effective diversification in the market.

5 0
3 years ago
PLEASE HELP ME I AM STUCK
Marat540 [252]
The answer is 350000
8 0
2 years ago
Why is accuracy an essential element of business communication?
katovenus [111]

Communication is an essential element of any business. One needs to convey message as effectively as possible. Therefore accuracy is the key requirement for the business communication. without the accuracy the business message will be delivered either misleading or it will be unclear.

Misleading message or miscommunication can lead to huge problems to any business. When you are working with your client, he will trust your words only if they are accurate otherwise the deal can be lost too.

That is why accuracy is the most important element of any business communication and a significant interval of time must be spent on making the communication accurate in any organization.

To know more about Business communication here:

brainly.com/question/17181900

#SPJ4

3 0
2 years ago
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