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nexus9112 [7]
3 years ago
9

Suppose that there are only two firms in the automobile industry in a particular country. Which term describes the country's aut

omobile market? Group of answer choices
Business
1 answer:
nexus9112 [7]3 years ago
7 0

Answer:

B  duopoly

Explanation:

The duopoly is the market in which there are two sellers but there are many number of buyers also it is a form of oligopoly market

So as per the given situation there is two firms in the automobile industry for a particular country so this represent the duopoly

Hence, the option b is correct

ANd the rest of the options are wrong

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Which of the following statements is FALSE?
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Answer: The following statements is false: <u><em>Mutual aid and assistance arrangements and Memorandums of Understanding (MOUs) cannot be used for supplementing incident staff.</em></u>

The above statement is wrong since mutual aid, assistance arrangements and memorandums of understanding can be used for supplementing incident staff.

<u><em>Therefore, the correct option is (c).</em></u>

8 0
3 years ago
You reflect on your meeting with the midwestern division manager, and you think part of the problem has to do with goals. what c
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3 years ago
Tanner-UNF Corporation acquired as a long-term investment $240million of 6% bonds, dated July 1, on July 1, 2018. The marketinte
horrorfan [7]

Answer:

Journal Entry

01 July Debit Investment $240 million Credit Bank $200 million Credit Discount on investment $40 million

31 Dec Debit Bank $7,2 Million Debit Discount on Bond $0.8 million Credit Interest Income $8 million

Debit Fair Value loss on investment $30 million Credit Investment $30 million

Explanation:

Interest is received semiannually

6%/2 = 3%

interest = $240 million * 3% =7,200,000

8%/2 = 4%

Interest market $200 million * 4% =8,000,000

Fair value loss = 240 million - 210 million

                        = 30 million loss because cost is greater than fair value

8 0
3 years ago
Fixed costs Blank______. Multiple choice question. are only as fixed as production volume remain at the same level despite chang
zheka24 [161]

Answer: remain at the same level despite changes in production

Explanation:

4 0
2 years ago
10. You have just deposited $1000 in an unusual bank account that pays interest biannually (once every 2 years). If the 2-year i
madam [21]

Answer:

FV= $1,259.71

Explanation:

Giving the following information:

Initial deposit (PV)= $1,000

Number of periods (n)= 3 biannual years

Interest rate (i)= 8% = 0.08

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FV= PV*(1+i)^n

FV= 1,000*(1.08^3)

FV= $1,259.71

6 0
3 years ago
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