Answer:
All buyers and sellers
Explanation:
A competitive market is a market where there are lots of producers who produces goods and service hence compete with one another with a view to providing and supplying goods and services that suits the needs of consumers.
In a competitive market, there are no barriers to entry and exit. Also, there are many buyers and sellers, hence there is adequate information about the price of a product. There are also no cost attached to transactions, undifferentiated products and both buyers and sellers determines the quantity of a product produced and the price of the product.
Answer:
Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.
Explanation:
Answer:
$80,000
Explanation:
Missing word <em>"and has average variable costs of $100"</em>
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Note: AVC = Average variable cost, TVC = total variable cost
AVC = TVC / Output
$100 = TVC/800 units
TVC = $100*800 units
TVC = $80,000
So, the firm's total variable costs are $80,000.
By processing their milk supply by themselves and cutting out middlemen, by pooling their resources and working together, the members of Swaayam Ksheer have been able to generate more purchasing power and grow their operations and have been able to double their profits.
Answer:
D) 11.75%
Explanation:
The overall capitalization rate is calculated by dividing net income by the fair market value of the asset.
net income = effective gross income - operating expenses
effective gross income = potential gross income - vacancy and collection losses = $350,000 - ($350,000 x 7%) = $325,500
net income = $325,500 - ($325,500 x 35%) = $211,575
capitalization rate = $211,575 / $180,000 = 11.75%
