All categories

3 years ago

Which option identifies the concept represented in the following scenario?

Business

1 answer:

Black_prince [1.1K]3 years ago

3 0

Answer:

oligopoly

Explanation:

An oligopoly is a market structure with few firms dominating a large market. It is where few sellers control a large market with many buyers. In this illustration of corn exports in the US, four companies are dominating the business.

In an oligopoly, there are likely to be other small entities operating in that industry. Each of the other firms has an insignificant market share. In this case, four companies have 80 percent of the market share. The remaining 20 percent could be controlled by many other smaller companies.

You might be interested in

Why is Feeney called a hero/saint?

Deffense [45]

Answer:

In 1982, he decided he would commit to giving away his billions during his lifetime. He is broke now. Gave away and donated over $8million. His motto was "giving while living "

Explanation:

5 0

3 years ago

Correll Corporation is considering a capital budgeting project that would require investing $264,000 in equipment with an expect

lapo4ka [179]

Answer:

Income Tax Expense in Year 2 = 32400 USD

Explanation:

The income tax expense can be calculated from the following given data:

First of all we need to find the incremental revenue:

Incremental Revenue = Incremental Sales - Incremental expenses

Incremental Sales = 630,000 USD

Incremental expenses = 456,000 USD

So, plug in the values:

Incremental Revenue = 630,000 USD - 456,000 USD

Incremental Revenue = 174000 USD

Now, we need to find the less annual depreciation:

Less Annual Depreciation = Investment/ Expected Life

Investment = 264,000 USD

Expected Life = 4 years

Less Annual Depreciation = 264,000/4

Less Annual Depreciation = 66000 USD

Now, the next step is to calculate the operating incremental income:

Operating incremental income = Incremental Revenue - Less Annual Depreciation

Incremental revenue = 174000 USD

Less Annual Depreciation = 66000 USD

Operating incremental income = 174000 USD - 66000 USD

Operating incremental income = 108000 USD

30% tax at the operating incremental income is the income tax expense in year 2.

Income Tax Expense in Year 2 = 108000 x 30%

Income Tax Expense in Year 2 = 32400 USD

6 0

3 years ago

company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 3

olganol [36]

Answer:

Company A

The cost assigned to Ending Inventory under periodic inventory system and based on the weighted average method is:

= $465

Explanation:

a) Data and Calculations:

Units Unit Cost Total Costs

Beginning inventory on January 1 320 $ 3.00 $960 (320 * $3.00)

Purchase on January 9 80 3.20 256 (80 * $3.20)

Purchase on January 25 100 3.34 334 (100 * $3.34)

Total 500 $3.10 $1,550 ($1,550/500)

Units sold -350 $3.10 -$1,085 (350 * $3.10)

Ending inventory 150 $3.10 $465 (130 * $3.10)

3 0

3 years ago

In an enterprise-class database system, business users interact directly with the DBMS, which directly accesses the database dat

nikklg [1K]

Answer:

False

Explanation:

In an enterprise-class database system, business users can not interact directly with the DBMS, which directly accesses the database data

7 0

3 years ago

What does software alone enable a computer to do?

photoshop1234 [79]

Connect the internet

3 0

3 years ago

Read 2 more answers