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Mamont248 [21]
3 years ago
7

Put the following statements in the correct order to summarise the sequence of events in moving from the short-run to the long-r

un in perfect competition.

Business
1 answer:
Oduvanchick [21]3 years ago
7 0

Answer:

ok

Explanation:

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A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $60; Sec
lys-0071 [83]

Answer:

$82

Explanation:

As company Uses FIFO system, it will sell first two products

The cost price =($60 + $67 = 127).

So Gross profit = Selling Price-Cost Price

Gross Profit = 209-127

= $82

The gross profit for the period is $82

8 0
2 years ago
A is the thing that an organization does best--something that draws customers to the company, is difficult to imitate, and opens
Ugo [173]

<u>Answer: </u>A is core competence

<u>Explanation:</u>

Core competence is the common term that is used by an organisation to define its multiple resources and skills that are not similar to any one else in the market. Core competence is also the strategic advantage that a business possess in the market.

The strength of the organisation helps it attract many customers and tap all the opportunities in the market at the right time to achieve success. The core competence of the organisation cannot be easily identified or imitated by the competitors in the market.

3 0
3 years ago
Which of the following statements about the marketplace of ideas is true? The British created the marketplace of ideas in the se
pentagon [3]

Answer:

Private groups and the news media play important roles in shaping opinions in the marketplace of ideas.

Explanation:

The marketplace of ideas denotes to the thought and belief of the idea that the authenticity of the truth or its acceptance depends upon the level of competition which the ideas have with one another. This is irrespective of the view that the truth has been provided by the government or by any authority.

8 0
3 years ago
The basis for Durkheim's theory of society is the principle that Select one: a. people are the products of their social environm
Molodets [167]

Answer:

a. People are the products of their social environment.

Explanation:

The basis for Durkheim's theory of society is the principle that people are  the products of their social environments. around them. Emile Durkheim is a well known sociologist  and developed lots of social structure theories, which includes the Division of labor, Anomie and Functionalism. The theories of Emile Durkheim's  were founded on the concept of social facts, defined as the norms, values, and structures of society.

4 0
3 years ago
If one-year nominal interest rate in the U.S. is 3%, while the one-year nominal interest rate in Australia is 5%. The spot rate
Mariana [72]

Answer:

to get 5,00,000 australian dollar at the forward rate we are goign to need 4,704,000 US dollars

Explanation:

spot x (1 + (US rate - Australia rate) x time)

0.96 x (1+(0.03-0.05)x1 year) =

0.96 x 0.98 = 0.9408 forward exchange rate

$5,000,000 Australian Dollar * 0.9408 = 4,704,000 US dollars

3 0
2 years ago
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