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NISA [10]
3 years ago
7

Which firm is the oligopolist? Choose one: Firm A is in retail. It is one of the largest and most popular clothing stores in the

country. It also competes with many rivals and faces intense price competition. Firm B is in the auto rental business. It is not the nation’s largest rental company, but significant barriers to entry enable it to serve customers across the United States more conveniently and at a lower price than local rivals. Firm C is a restaurant in a small, isolated community. It is the only local eatery. People drive from miles away to eat there.
Business
1 answer:
skelet666 [1.2K]3 years ago
3 0

Answer:

Firm B is in the auto rental business. It is not the nation’s largest rental company, but significant barriers to entry enable it to serve customers across the United States more conveniently and at a lower price than local rivals.

Explanation:

For the given options we considered Firm B to be treated as the oligopolist as the firm nor its competitors would have the major impact over the market also there are entry & exit barriers from the market

So the firm B should be chosen as the oligopolist

Therefore the same should be considered and relevant

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The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorde
Shalnov [3]

Answer:

income-generating assets under the current account of the balance of payment.

Explanation:

In international trade to balance of payments between countries looks at inflow and outflow of funds as a result of trade.

When there is balance of trade deficit the country imports from others. When there is balance of payment surplus the country exports to others.

The fund movement is recorded in various accounts. These are current account, capital account, and financial account.

The current account is used to record funds recieved from goods, services, income, and current transfers.

The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as

income-generating assets under the current account of the balance of payment.

6 0
3 years ago
The export business in China is growing. Uncle George, who has just returned from a trade expo in Shanghai, has informed you tha
vlada-n [284]

Answer:

Assuming that the capacity of the new X-ray machine is the same as the capacity of two older machines, the difference results from the number of units waiting in line (queue). You would need two different groups of workers to move the containers into the correct position if you use the two older machines, while you need only one group to move them to the new machine. This decreases lead time since coordinating work also requires time, it might be a short time, but it is more time at the end of the day.

4 0
2 years ago
Brian is struggling with the choice of publishing his new book, How to Cook Polish Barbeque, as an e-book or a paperback. Brian
Molodets [167]

Answer:

making a product decision

Explanation:

Since in the question it is mentioned that Brian is struggling with regard to the choice of publishing of his new book that reflects the decision making as the options of books are available and confused with the available options in terms of e-book or paperback that means sell it online or in book stores or both

So it reflects the making the decision with respect to the product

4 0
3 years ago
EB4.
avanturin [10]

Answer:

Fixed and Variable cost:

Fixed cost are the costs which cannot be changed with change in the level of goods and services sold or produced.

Variable cost are the costs which changes with change in the level of output produced and sold.

Product and Period cost:

Product costs are the costs which are incurred for making the product such as direct material, factory overhead and direct labor, etc.

Period costs refers to the cost which are incurred for a certain period of time. It is normally associated with the time period than with any type of transactional event.

Therefore, the classification of items is as follows:

(a) Variable cost - Product cost

(b) Variable cost - Product cost

(c) Fixed cost - Period cost

(d) Fixed cost - Period cost

(e) Fixed cost - Period cost

(f) Fixed cost - Period cost

(g) Variable cost - Product cost

(h) Fixed cost - Period cost

(i)  Fixed cost - Period cost

6 0
3 years ago
Your restaurant has assets of $64,342 and liabilities of $47,266. What is the equity of your business?
Alborosie

Answer:

Equity of the business= $17,076.

Explanation:

Equity as used in business is used to refer to the difference between the worth of a business (its assets) and what the business owes (debts and liabilities).

In other words, total equity refers to the value which is left in the company after the total liabilities must have been subtracted from the total assets.

The formula to calculate total equity is given below:

Equity = Assets - Liabilities

Therefore to calculate the equity above, we have:

Equity = $64,342 - $47,266

Equity = $17,076.

4 0
3 years ago
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