The marginal revenue curve of an oligopolist begins to decline after 500 units of output. Which type of oligopoly does Sweezy's company most likely operate under?
A market system known as an oligopoly occurs when a small number of important sellers or manufacturers dominate a market or an industry (from the Greek words oligos, "few," and v, polein, "to sell"). The result of corporate cooperation to boost profits is typically oligopoly. Numerous industries have been identified as being oligopolistic, including commercial aviation, power providers, telecommunications companies, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacture, and auto manufacturing. Because of the decreased competition, consumer prices would increase and labour earnings will decrease.
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Answer:An incorporated business that puts all of its profits back into the business is a corporation. They are used by those common people and it can help the others who need the money. This will secure that the funds of these corporation will be shared also into its members incase of emergency.
Answer:
Break-even point in units= 33,333.33 units
Explanation:
<em>The break-even point (BEP) is the quantity of each product to be sold such that the business makes no profit or loss. </em>
The beak-even point can be determined as follows:
The Break-even point in sales = Total general fixed cost / Contribution per unit margin
Contribution per unit = Contribution margin ration × selling price
= 40%×11.25 =4.5
The break-even point (in unit) = 150,000/ 4.5
=33,333.33
break-even point in units= 33,333.33 units
Answer:
a. 2019 Operating cash flow
Welland Co. Operating Cash Flow for 2019
Particular Amount $
Sales 162500
Cost of goods sold 80000
Other Expenses 3300
Depreciation 9000 <u>92,300</u>
EBIT 70200
Less: Taxes 22295
Add :Depreciation <u>9000</u>
Operating Cash Flow $<u>56905</u>
b. Cash flow to creditors
Interest paid 6500
Add: Loan raised <u>7700</u>
Cash flow to creditors <u>14200</u>
c. Cash flow to Stockholders
Dividends Paid 8150
Less: Net Equity Raised <u>4500</u>
Cash flow to Stockholders <u>$3650</u>
d. Change in Net working Capital = Change in Current Assets - Change in Liabilities
Figures for Current Asset was not given, rather the Net Fixed asset is given $21,100 which is not a current asset.
Answer:
core competency
Explanation:
A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness.
