The correct answer to this open question is the following.
Although there are no options attached we can say the following.
An oligopoly can cause market failure because companies that form the oligopoly do not allow other companies to enter and compete in the market. This action limits consumers to choose from a variety of options, including quality, the best price, and service.
Often, oligopoly associates the strongest or more powerful companies in order to wipe out other minor competitors. They want to establish a dominant presence that affects prices and consumers participation.
Oligopoly practices result in inefficiency and instability in the market. That is why oligopolies are not good for the economy.
The automobile industry is mostly associated with an oligopoly.
When a market is controlled by just a few numbers of companies, but none of them is above the others, we are talking about an oligopoly. They can collude intentionally or not, to establish prizes and to not let other companies compete with them.
<span>Negotiation: Early Neutral Case Evaluation
</span>
<span>Form
of assisted negotiation. The parties select a neutral third party
(generally an expert in the subject matter of the dispute) to evaluate
their respective positions. The parties explain their positions to the
case evaluator however they wish. The evaluator then assesses the
strengths and weaknesses of the parties' positions, and this evaluation
forms the basis for negotiating a settlement.
</span>
<span>Negotiation: Mini Trial
</span>
<span>Form of assisted negotiation.
A
mini-trial is a private proceeding in which each party's attorney
briefly argues the party's case before the other party. Typically, a
neutral third party, who acts as an adviser and an expert in the area
being disputed, is also present. If the parties fail to reach an
agreement, the adviser renders an opinion as to how a court would likely
decide the issue. The proceeding assists the parties in determining
whether they should negotiate a settlement of the dispute or take it to
court.
</span>
<span>Negotiation: Negotiation
</span><span>The
simplest form of ADR is negotiation, a process in which the parties
attempt to settle their dispute informally with or without attorneys to
represent them. Attorneys frequently advise their clients to negotiate a
settlement voluntarily before they proceed to trial. Parties may even
try to negotiate a settlement during a trial or after the trial but
before an appeal.
</span><span>Negotiation: Facilitation
</span>
<span>Form
of assisted negotiation. Disputes may also be resolved in a friendly,
non-adversarial manner through facilitation, in which a third party
assists disputing parties in reconciling their differences. The
facilitator helps to schedule negotiating sessions and carries offers
back and forth between the parties when they refuse to face each other
in direct negotiations. Technically, facilitators are not to recommend
solutions. (In practice, however, they often do.) In contrast, a
mediator is expected to propose solutions.</span>
Answer:
$ 5,937.00
Explanation:
The credit to retained earnings in the year would be the net income for the year which is computed as sales and rent revenue added together minus salaries and wages expense,depreciation expense , utilities expense recorded in the year.
Net income=$13,108+$2,756-$6,639-$1,610-$1,678=$ 5,937.00
All in all,the credit to retained earnings would be $ 5,937.00
The net income is the amount by which the overall retained earnings would increase in the current year
Answer:
Check the explanation
Explanation:
Alternative A
Let the break even point be X, then
Total Revenue = Total Expense
60*X = (300000 + 25*X)
35*X = 300000
X = 8571.43 Units
Alternative B
Let the break even point be Y, then
60*Y = (250000 + 30*Y)
30*Y = 250000
Y = 8333.33 Units
Total cost: $412.00
Marginal cost: $105.00
Average total cost: $103.00
Average variable cost: $50.00
What is marginal cost?
The marginal cost is the cost of producing one more unit of manufacturing. Since marginal cost aids in determining the level of production that is most efficient for a manufacturing process, it is a crucial topic in cost accounting. It is computed by estimating the costs involved in producing just one more unit.
Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.
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