Answer:
He should tell his coworker that there is mistakes, but in a polite way.
Explanation:
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Answer:
a. oligopoly.
b. an economic profit.
c. economic profits will fall.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. Market control by many small firms.
III. Difficult entry to new firms.
Hence, a firm operating in the United States of America with only two other competitors in the industry is likely to be an industry that would be characterized as oligopoly.
Additionally, business firms operating in this industry (oligopolistic market) will likely earn an economic profit. Also, if foreign business firms begin supplying the product, increasing the number of competitors, it is likely that economic profits will fall because the industry is now being competitive and controlled by other business firms.
Answer: 4,375 units
Explanation:
The budgeted production for July will be;
= July sales + Ending inventory - Beginning inventory
Ending inventory = 25% * August sales =25% * 4,900 = 1,225
Budgeted production = 4,200 + 1,225 - 1050 = 4,375 units
The value of the retirement account will be the future value which is calculated using FV function of Microsoft excel as in =FV(rate,nper,pmt) where
RATE = Annual interest rate = 8% = 8/100 =0.08
NPER = number of periods = number of years = 25
PMT= Annual deposit = 5850
Retirement account value =FV(0.08,25,5850) = 427,669.75
The balance in the retirement account in 25 years = $427,669.75
Answer:
a. regulations.
Explanation:
A company with technical support staff in another country mostly benefits from changes to regulations because regulation and compliance requirements affects businesses particularly during the phase of startup. For example developed economies have very stringent data protection laws which could be expensive to implement but you can choose a developing country with lax data protection laws to avoid certain expenses.