Answer:
Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, the wheat market would become less competitive because the products would no longer be similar in the wheat market- Option c.
Explanation:
Option c is the correct answer- the products would no longer be similar in the wheat market, the reason being that people with different taste preferences would prefer either of the two kinds of wheat available in the market, therefore making them less concentrated.
Answer:
$6,200
Explanation:
The computation of the total cost assigned to the ending work in process inventory is shown below:
= Units completed of materials × units material cost + unit conversion cost × completion percentage × units completed of material
= $2.50 × 2,000 units + $1.50 × 2,000 units × 40%
= $5,000 + $1,200
= $6,200
The 2,000 units is come from
= 5,000 units + 3,000 units - 6,000 units
= 2,000 units
Answer:
It is True. the option (a) is correct
Explanation:
Solution
Given that:
The statue of fraud can be refereed to as the requirements for specific kind of contract that should be in writing and signed by the parties involved with sufficient evidence. the main idea is to stop fraud and other types of injury.
The vital aspect of statute of frauds include the following:
- It applies to particular types of contract and they are six classification It include contracts for an interest for the sale of land, contracts that need to be performed in more than a year, contracts about someone else's debt presumed by other, contract in which marriage is a deliberation, contracts for good sold value more than $500 and promises by executors or administrators.
- The motive of the contract is that it formalize the concurrence between the parties so that it can be thought seriously.
- The statute of frauds avert fraudulent conduct of one party to another.
The agency that was established in 2010 by the Dodd-Frank Act is the Consumer Financial Protection Bureau (CFPB).
<h3>What is the role of the Consumer Financial Protection Bureau?</h3>
It's main purpose is to regulate the affairs of finance companies that offer products and services to consumers in the United States.
The Dodd-Frank Act in 2010 established this agency as one of the safeguards to ensure that the Great Recession of 2008/9 never happens again.
Find out more on the Consumer Financial Protection Bureau (CFPB) at brainly.com/question/13446888.
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