1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jolli1 [7]
2 years ago
9

5.Is it easier for a few firm to enter the market under found in oligopolis competition or oligopolis? Why?

Business
1 answer:
sashaice [31]2 years ago
3 0

Answer: No, it is not easy for new firms to enter to market where there is oligopolis competition.

Explanation:

Oligopolis is a market condition in which few firms take the advantage to run their business and they do not allow small competitors to interfere and put barriers and obstacles for small competitors so that they cannot compete with them and do not earn anything. Those powerful competitors can make up the huge amount of profit. Also few sellers attain significant power in the market and prevent other.

You might be interested in
Safty nets should be provided where the falling distance is 25 feet or more
Soloha48 [4]
What are your options?
3 0
3 years ago
Sheldon Company began Year 1 with $1,900 in its supplies account. During the year, the company purchased $5,600 of supplies on a
nataly862011 [7]

Answer:

Sheldon's financial statement for year 1 would show;

Supplies inventory =

Supplies expense =

Account payable =

Explanation:

Supplies account at the beginning of the year = $1,900

Purchases during the year= $5,600

Payment during the year = $2,800

Supplies counted at the end of the year = $3,300

Supplies used in year 1 = $1,900 + $5,600 - $3,300

= $4,200

Account payable at the end of the year = $4,200 - $2,800

= -$1,400

6 0
2 years ago
A three-person committee has to choose a winner for a national art prize. After some debate, there are three candidates still un
andre [41]

Explanation:

The preference committee members are as follows:

Member 1 prefers a to b and b to c

Member 2 prefers c to a and a to b

Member 3 prefers b to c and c to a

The order of this problem can be solved:

Preference for 1, 2 and 3 are as below:

1. a then b then c

2. c then a then b

3. b then c then

Member 1 knowing advantage , will always disagree with 2 and 3 so that he can win when it comes to vote

So, 2 and 3 in order to win , will have to cooperate with each other.

As we can see that the least suitable option according to Member 2 and Member 3 are b and a respectively. Therefore they would not consider supporting either b or a.

So the possible option of Member 2 and Member 3 supporting will be C.

Therefore both 2 and 3 will agree on C.

The predicted outcome of the game is C.

5 0
3 years ago
AutoZone and O'Reilly are two competitors in the retail automotive parts industry.
sineoko [7]

Answer:

Gross Profit Margin: 53 % and 54%

Inventory days outstanding: 249 days and 252 days.

Explanation:

Gross Profit Margin = Gross Profit / Sales * 100

Gross profit = Sales - Cost of Goods Sold

Gross Profit :

Year 1 : 10,498,448 - 4,860,309 = 5,638,139

Year 2 : 8,277,782 - 3,804,031 = 4,473,751

GP margin :

Year 1 = 53%

Year 2 = 54%

Days of inventory :  Average inventory / Cost of Sales * 365 days

Year 1 : 3,320,864 / 4,860,309  * 365 = 249 days

Year 2 : 2,632,898 / 3,804,031 *365 = 252 days

7 0
2 years ago
(Lessee-Lessor Entries, Sales-Type Lease; Guaranteed Residual Value) Phelps Company leases a building to Walsh, Inc. on January
Artist 52 [7]

<u>Solution and Explanation:</u>

Calculation of Minimum lease annual payments from (MLP)    

Year  MLP from lessor       Present value                   Present valur of

                  point of view    factor 8%                    cash flows

1                  $4,703                  1 /(1.08)=0925   $4,350.28

2                    $4,703                  1 /(1.08)^{\wedge} 2=0.857 $4,030.47

3                   $4,703               1 /(1.08)^{\wedge} 3=0.793  $3,729.48

4                 $4,703               1 /(1.08)^{\wedge} 4=0.735  $3,456.71

5                   $4,703              1 /(1.08)^{\wedge} 5=0.680  $3,198.04

   

Total of Minimum

lease Payments  $23,515                                       $ 18,764.97

Add    

Unguaranteed

residual value(ugrv)  4000  1 /(1.08)^{\wedge 5}=0.680  $2,720.00

Asset to be recorded

in the books of lessor

(sum of mlp +ugrv)  $27,515                             $ 21,484.97

Here        

Gross Investment=$27515        

Lease receivable recorded in in the books of lessor(Phelps)(Mimum lease payments + Unguaranteed residual )value = $21484  $21,484      

Walsh (lessee) shoiuld be recorded the amount of present value of minimum lease payments + Guaranteed Residual value=$18764.97 as asset and liabilty            

b) In the books of phelps (lessor)        

2017.01.01  Lease Recievble from walsh ….Dr  $21,484      

                                 to Asset                              $21,484      

(Being Lease receivable recorded )        

In the books of Walsh (lessee)        

2017.01.01  Asset ac ……………Dr  $18,764        

         to Lease Liabilty(Lessor)               $18,764      

(Being the asset and liabilty recorded )                

2017.12.31  Depreciation ……Dr  3752        

                            to Asset                      3752        

(Beint Depreciation recorded charged during the year recorded 18764/5 provided for 5 years)

Here annual payment started from the at the beginning of year i.e annual lease payments start from 01.01.2018.

c)  If expected residual value of $4000 is guaranteed by walsh no changes will be made in classification of lease and there is no chages in asset recorded in Lessor books. But changes will be made in the books of lessee as present value of guaranteed residual value should be added to asset I.e $18764+Present vlue of $4000     $18764+2720=21484

d)   If expected residual value of $3000 is guaranteed by walsh no changes will be made in classification of lease and there is no chages in asset recorded in Lessor books But changes will be made in the books of lessee as present value of guaranteed residual value should be added to asset    I.e $18764+Present vlue of $3000       $18764+$2040=$20804

 

5 0
3 years ago
Other questions:
  • Hawk-Dove (or Chicken) (t = tough, c = concede)
    14·1 answer
  • All of the following are guidelines for budgeting except:
    14·1 answer
  • What law governs the release of student information?
    6·2 answers
  • Which of the following is true concerning the input validity goal in relation to the RAs in the B/AR/CR process? a. Failure to a
    15·1 answer
  • Tidewater Distributors is successfully using short-term financing to buy inventory for resale. As sales climb, the managers real
    7·2 answers
  • Agile teams require motivated members with a higher level of commitment, and agile teams have all of the following desirable tra
    6·1 answer
  • "Girls Just Wanna Have Funds" is a Washington, DC, support group that consists mostly of young women who offer tips on budgeting
    11·1 answer
  • Company Baldwin invested $50,460,000 in plant and equipment last year. The plant investment was funded with bonds at a face valu
    8·1 answer
  • How does increased competition through FDI in the form of greenfield investments affect the host country
    10·1 answer
  • The following data have been recorded for the production of Product A-11 in the current period. Direct materials cost was $2,079
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!