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sweet-ann [11.9K]
2 years ago
11

An industry comprised of a very large number of sellers producing a standardized product is known as:

Business
1 answer:
mash [69]2 years ago
5 0

Answer:

The appropriate response is "Pure competition".

Explanation:

  • Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment.
  • Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.
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Which statement of cash flow method would require the disclosure of the noncash transaction of acquiring a factory financed enti
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Answer: Direct and indirect statement of cash flows

Explanation: statement of cash flows shows the overall computed inflow and outflow of cash that took place in an organization over a given period of time. It shows how well an organization managed it's cash which is used to settle it's debts and make profit.

The direct method only considers the cash inflow and outflow into account and produces the cash flow from it's operations.

The indirect method considers the net income as the starting point and prepare the inflow and outflow using adjustments.

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The cost of goods manufactured at stereo corp. in the year 2017 is $285,000.

What is Manufacturing?
Manufacturing is the process of <u>turning raw materials or sections into finished goods using tools, human labour, machinery, and chemical products.</u>

Manufacturing enables companies to sell finished goods at a price higher than the cost of the materials used. Huge manufacturing allows for the mass production of goods using assembly line procedures and sophisticated technology as core assets. Manufacturing techniques that are efficient allow manufacturers to start taking advantage of scale economies of scale, generating more units at the a lower cost. Manufacturing is a vital and significant component of the economy. It entails the transformation of raw materials such as <u>ore, timber, and food </u>into finished goods such as <u>metal goods, soft furnishings, and processed foods.</u>

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3 0
1 year ago
________ is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings t
svp [43]

Answer:

The given option "Marketing" is the right choice.

Explanation:

  • Marketing seems to be focused on thought about either the market regarding consumer expectations as well as satisfaction with them.
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Some other options in question are not connected to something like the given scenario. And the above will be a good alternative.

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