More than 95% of customers in the US wireless mobile phone market are served by AT&T, Verizon, and T-Mobile. This market is characterized by oligopolistic rivalry.
How large is the market for cell phones?
In 2021, the market for smartphones was estimated to be worth USD 457.18 billion. A 7.3% CAGR is predicted for the market throughout the forecast period as it increases from USD 484.81 billion in 2022 to USD 792.51 billion in 2029.
The market for smartphones is it expanding?
Since 2008, the smartphone market has been continuously expanding and increasing in size as well as in terms of the variety of models and providers. In 2022, it is anticipated that there will be 1.43 billion smartphones shipped globally. 78.05% of people on the planet will have smartphones by the year 2020.
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Answer: $237070
Explanation:
The amount that Novak should report as its December 31 inventory will be:
Inventory in hand = $190,000
Add: Goods bought from Pelzer Corporation = $25,170
Add: Cost of goods sold to Alvarez Company = $21900
Total = $237070
The amount that Novak should report as its December 31 inventory will be $237070
Techniques? Hm, well I’d definitely try to reason with them. I’d rely more on logos by giving facts or data that can be proven in some type of way.
This was the best answer I could give for right now, considering that I’m currently typing with one hand. Let me know if you have any further questions.
<span>The right answer is C. marginal revenue equals marginal cost; is upward-sloping. Marginal revenue is the amount that revenue increases if someone sells one more unit of their product. When there's competition, every unit has the same price, but when there's a monopoly, you have to make cheaper every other unit to sell one more</span>
<span>The cross-price elasticity of demand between salt and pepper is -0.50
In this example salt and pepper are Complements.
Instead, suppose salt and pepper were substitutes. If so, the the cross-price elasticity of demand between salt and peeper would be positive.</span>
