Answer:
A. must consider the behavior of its rivals when it makes decisions.
Explanation:
An oligopoly occurs when a small number of firms operate in a market, and firms cannot control the influence of other firms in the market. Each firm has the ability to influence the market.
A key feature of oligopoly is interdependence. Firms look at other firms behaviours before making decisions. It is a form of tacit collusion.
Decisions on output, price, advertising and other depends on decision of other firms in the market.
Answer:
b
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero
If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero
in the long run, only normal profit is earned
If Verslas is producing at a profit maximising point, it means that marginal revenue equal marginal revenue and the firm is earning a normal profit
Answer / Explanation:
Access: Real motives, Asking customers, Providing data, allowing expression
Impacts: Thinking about your idea, thinking of the community
Fact: Checking your report, Avoiding exaggeration
Respect: Valuing others opinions, choosing words carefully.
Now to be able to fully comprehend the aforementioned above, let us define a couple of them.
Access: This simply refers to being able to get approval to what is needed
Impact: This refers to or can be likened to the action of an object coming forcibly into contact with another external object.
Fact: This can be likened to a process that has been tested and proven to be an established principle.
Respect: This can be referred to as the feeling of admiration for an individual or group of people due to their perceived abilities or level of achievement.
With the brief definition of this terms, i hope you find it logical why the action were dragged to the perceived most appropriate category.
Answer:
$93,000
Explanation:
Data provided in the question:
selling cost of the property = $350,000
Earnest money paid = $12,000
Percentage of loan obtained = 70%
Now,
The amount of loan obtained = 70% of $350,000
= $245,000
Therefore,
Amount to be paid by self
= selling cost of the property - amount of loan obtained
= $350,000 - $245,000
= $105,000
Thus,
Additional cash the buyer will have to bring to the closing day
= Amount to be paid by self - Earnest money paid
= $105,000 - $12,000
= $93,000
Answer:
B. $275,000
Explanation:
The second machine will be depreciate over time as it can later be used for operational purposes or another research projects. The first, as can only be used for a research project It should be considered expenses for the entire amount regardless of the useful life.
Machine B useful life 10 years
depreciation expense: cost / useful life
250,000 / 10 = 25,000
machine A 250,000 + 25,000 depreciation for machine B = 275,000 total
