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qwelly [4]
3 years ago
13

One measure of the extent of competition in an industry is the concentration ratio. What level of concentration indicates that a

n industry is an​ oligopoly?
Most economists believe that a​ four-firm concentration ratio of __________ (less / greater than) than __________ percent indicates that an industry is an oligopoly. ​(Enter your response as an​ integer.)
Business
1 answer:
GarryVolchara [31]3 years ago
3 0

Answer: greater, 40%

Explanation: Most economist believe that a four firm concentration ratio is "greater" than "40%" indicate that an oligopoly.

Concentration ratio is simply the ratio of the combination of market shares of a specific numbers of firm to the size of a market. Three-firm, four-firm and five-firm concentration ratio are the most common to considered.

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Nick and Dale owned Buddy Corporation and had contacted Kurt's Warehousing to about storing some goods. Per the warehouse receip
pantera1 [17]

Answer:

Flex warehousing

Explanation:

Flex warehousing also known as Public Warehousing, is a form of warehousing in which various firms seek to store high-turnover product in spaces for short periods of time.

It is a type of warehouse space which allows many clients' products to be received, handled, stored, and transported out in a flexible environment.

It is used to cater for overflow of goods, so as to maximize the space and labor reserved for only one contract client at a time.

Hence , in this case, this is an example of FLEX WAREHOUSING.

8 0
3 years ago
Sanyu Sony started a new business and completed these transactions during December.
timurjin [86]

Answer:

Net income = $4,160

Ending Retained Earnings = $3,210

Total assets = $76,760

Total liabilities and equity = $76,760

Cash balance = $59,180

Explanation:

see the attached file below

Download docx
3 0
3 years ago
While visiting a client to deliver their 2019 tax documents, one of the owners approaches you and states: "The IRS says my trave
serious [3.7K]

Answer:

Commuting refers to travelling from your home to your workplace. It generally refers to the distance that people generally travel to get to their office or any type of workplace.

While business travel refers to not only leaving your house to go to work, but actually going somewhere else to perform your regular business activities, e.g. going form one state to another to close a sale. In order for business travel to be effectively recognized as such, it must be necessary for your business activity and it should last more than one ordinary workday.

In this case, your client continuously leaves his house and goes form one state to another performing his normal business activities. This perfectly fits the IRS's definition of business travel.

Initially, you can try to solve this issue with IRS Office of Appeals (since you are right), but if that doesn't work, then you can go to Tax Court.

6 0
3 years ago
The techniques used by systems analysts to identify or extract system problems and solution requirements are known as
OlgaM077 [116]

Answer: requirements discovery

Explanation:

The techniques used by systems analysts to identify or extract system problems and solution requirements are known as requirements discovery.

A requirements discovery is simply defined as the process and tools that are typically used to identify the system requirements for the users of a system that has been proposed.

A system requirement helps to describe the desires and needs for an application or a system. The system requirement describes the features, functions, and constraints.

7 0
3 years ago
Britney, a teenager, starts her own business of selling cupcakes to coffee shops and restaurants. she strives to increase either
castortr0y [4]

This is an example of <u>"Sales-oriented pricing objective".</u>


Pricing objectives are the objectives that control your business in setting the expense of an item or administration to your current or potential customers.  

Sales-oriented pricing objectives try to help volume or market share. A volume increment is estimated against an organization's very own deals crosswise over explicit eras.  

An organization's market share estimates its deals against the offers of different organizations in the business. Volume and market share are autonomous of one another, as an adjustment in one doesn't really enact an adjustment in the other.

7 0
3 years ago
Read 2 more answers
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