Answer:
The correct answer is letter "B", "C", and "D".
Explanation:
Trip reports relate the major events of a journey to a different location because of business. companies need it to find out if the employee developed all the activities the trip was set for. They are usually requested with an expense report where workers show how they used the budget approved for the company so they could cover basic needs -food, clothing, and shelter.
<em>Trip reports should identify topics in the opening, including major topics with headings, and cover interest facts for managers.</em>
Except for college book stores, all of the following are examples of oligopolistic markets.
An oligopolistic market (also known as an oligopoly) is characterized by the dominance of a small number of businesses that provide comparable products and services over a large number of others. In an oligopolistic market, there are few competitors, which limits competition and enables every firm to thrive. The environment often encourages cooperative behavior and regular business ties between companies.
It's crucial to keep in mind that oligopolistic enterprises are those that do business in oligopolistic markets. Businesses typically determine trends and pricing by establishing alliances and agreements that set prices higher than the marginal costs of the dominant firms. It implies that businesses operating in an oligopoly fix prices to maximize their own profit. In the end, it results in alliances and partnerships that help them and other businesses, particularly smaller ones engaged in the same market or sector, succeed.
If one company in a market cuts the prices it charges for goods and services to achieve the best possible increase in sales, firms that are directly competing usually do the same, frequently igniting a price war. Oligopoly firms typically avoid engaging in such pricing wars and instead invest more funds in research to enhance their products and services and in advertising that emphasizes their advantages over rival firms selling comparable goods and services.
Learn more about oligopolistic markets here
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Answer:
The statement is True
If Brazilian oranges entered the United States, the number of oranges in the market would be higher, and if the quantity demanded remained more or less stable, the oranges prices would fall.
Changes in supply are those produced by anything other than price, thus, in this example we can see a change in supply, because the higher number of oranges has come from the market entry of new competitors : the brazilian orange providers.
Answer:
$15,960
Explanation:
The total profit on units sold for the consignor:
= Sales Value - Cost of Goods Sold - Shipping Expenses - Commission - Advertising Expenses - Installation and setup costs
= (40 × $720) - (40 × $220) - [$1,850 × (40/50)] - ($28,800 × 5%) - $470 - $650
= $28,800 - $8,800 - $1,480 - $1,440 - $470 - $650
= $15,960
<span>For 2 nights cost is $10,000 for theater rental, insurance, and musicians. 10% of $10,000 is $1000 that goes to theater if $10,000 worth of ticket is sold, which is to break even. Now the break even cost is $10,000+$1000= $11,000. Cost of one ticket is $10, to break even the total cost, number of tickets that must sell is $11,000 divided by $10, which is 1100 tickets. 1100 tickets must sell in total for two nights to break even.</span>
