Answer:
The correct answer is: oligopoly.
Explanation:
A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.
Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.
There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.
Answer:
25%
Explanation:
the formula for the margin of safety is as follows
margin = current sales level -breakeven point/ current sales level x 100
expected sales unit = 20,000 units
the break-even point is fixed costs/contribution margin
fixed costs= $360,000
contribution margin = sales price- variable costs
=61-37
=24
breakeven point = $360,000/ 24
=15000
the margin of safety = 20,000-15,000/20,000 x 100
=5000/20000 x 100
=25%
Answer:
It can be greater as well as less.
Explanation:
1st of all we should know what is Future Price and what is Stock Index.
The futures price can be more or less that the predicted fee.
When futures costs are lower than predicted price spot fees, the situation is known as normal backwardation.
When futures prices are higher than anticipated spot charges, it is called normal contango
