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svetoff [14.1K]
3 years ago
10

NWC, NWH, and NWV are three firms that dominate the water distribution market. Identify this type of market structure and compar

e it to perfect competition.
Business
1 answer:
Burka [1]3 years ago
5 0

Answer:

Oligopoly markets

Explanation:

In simple words, Markets controlled by a limited number of providers are known as oligopoly markets. They may be found in every country and in a wide range of industries. Some oligopolistic marketplaces are competing, whereas others aren't, or at minimum seem to be.

On the other hand, Perfect competition can be understood as the market system in which all suppliers as well as buyers have complete and symmetrical knowledge, there are no transactions expenses and a large number of producers and customers compete with others.

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Name three traits of a target audience
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It's Gender,Age,<span>Parental Status,and Income Level.

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Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge
Keith_Richards [23]

Answer:

$214,000

Explanation:

The total reservation cost per month is given by the following expression:

R = \$14,000+\$1*n

Where 'n' is the number of monthly reservations.

If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

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What you give up to obtain an item is called your
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A) Opportunity cost

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3 years ago
Fredrick Paulson Tie Co. manufactures neckties and scarves. Two overhead application bases are used; some overhead is applied on
Rus_ich [418]

Answer:

Unitary cost= $12.30

Explanation:

Giving the following information:

Overhead rate:

Rate 1= 150% of material costs

Rate 2= $7.25 per direct labor hour.

Production:

540 neckties

raw materials= $2,110

Direct labor hours= 69 direct labor hours at a total cost of $865.

First, we need to calculate the total cost:

Total cost= 2,110 + 865 + (1.5*2,110 + 7.25*69)

Total cost= $6,640.25

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5 0
3 years ago
Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer
Nataly_w [17]

Answer:

C. backward vertical integration

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Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.

From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.

Cheers.

3 0
3 years ago
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