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3 years ago

In an oogilyboogily market, consumer choice is?

Business

1 answer:

Zielflug [23.3K]3 years ago

4 0

Answer:

limited.

Explanation:

In an oligopoly market, few firms dominate a market with many buyers. The firms may sell similar or differentiated products. The oligopoly stature is characterized by heavy advertisement to win customers. Each firm sets its price.

Because few firms dominate the market, customers do not have a wide range of variety to select from. For example, the mobile phone business is dominated by 5 to 6 companies. Customers' choices are limited to these service providers.

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Your real estate agent mentions that homes in your price range require a payment of $1,200 per month for 30 years at 0.75% inter

Igoryamba

Answer:

the size of the mortgage with these terms is $149,138.24

Explanation:

The computation of the size of the mortgage is shown below:

Present value of annuity is

= Monthly payment × {[1 - (1 + rate of interest)^-number of months] ÷ rate of interest}

= $1,200 × {[1 - (1 + 0.0075)^-360] ÷ 0.0075}

= $1,200 × 124.2819

= $149,138.24

The 360 is come from

= 30 years × 12 months

= 360 months

hence, the size of the mortgage with these terms is $149,138.24

6 0

3 years ago

Your grandfather tells you that he earned $7,000/year in his first job in 1961. You earn $35,000/year in your first job in 201

Juli2301 [7.4K]

Answer:

A. less than 5 times as much as your grandfather in terms of real income.

Explanation:

Nominal income is earning that does not take account of changes in price levels. Nominal income is the stated income. Real income considers the changes in inflation. Therefore, real income is nominal income after considering inflation effects.

If grandfather earned $7000 per year in 1961, and myself $35,000 in 2018, mathematically i earned five times more than him. The five times ($35,000/$7,000) is the stated amount without factoring in inflation. The difference between $35,000 and $7000 is the nominal difference because it is not adjusted for inflation. In we consider inflation, the real income is less than five times.

4 0

3 years ago

Decisions today are becoming _____ complex, due to _____ uncertainty in the decision environment. Question 25 options: 1) less,

denis-greek [22]

The answer is option 4 more and increased.

Explanation:

Decisions today are becoming more complex, due to increased uncertainty in the decision environment.

Decision making is planning, organizing, directing and controlling the functions of a manager at achieving organizational goals.

It provides more information and alternatives, improves the quality of decisions and helps in strengthening the organization.

In the decision phase of the decision making process the managers construct a model that reduces the problem. The decision rights identify and define the framework for how they will be made through operating process and support tools.

6 0

3 years ago

Financial statement data for years ending December 31 for tango company follow

maxonik [38]

The inventory turnover for Tango company are: 4.8, 5.3.

<h3>Inventory turnover</h3>

Using this formula

Inventory Turnover = Cost Of Goods Sold / ((Beginning Inventory + Ending Inventory) / 2)

20Y7

Inventory Turnover =$3,864,000 /($770,000+$840,000)/2

Inventory Turnover=$3,864,000/$805,000

Inventory Turnover=4.8

20Y6

Inventory Turnover = $4,001,500 /($740,000+$770,000)/2

Inventory Turnover= $4,001,500 /$755,000

Inventory Turnover=5.3

Therefore the inventory turnover for Tango company are: 4.8, 5.3.

The complete question is:

Financial statement data for years ending December 31 for tango company follow

20Y7 20Y6

Cost of goods sold $3,864,000 $4,001,500

Inventories:

Beginning of year 770,000 740,000

End of year 840,000 770,000

Determine the turnover for 20Y7 and 20Y6.

Learn more about inventory turnover here:brainly.com/question/18914383

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8 0

1 year ago

For a film studio to make a profit, it has to be able to earn enough to offset expensive initial costs. a large portion of the p

slega [8]

The appropriate response is economies of scale. It alludes to the cost advantage that emerges with an expanded yield of an item. Economies of scale can emerge in a few territories inside a huge endeavor. While the advantages of this idea in ranges, for example, generation and obtaining are self-evident, economies of scale can likewise affect zones like fund.

3 0

3 years ago