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Market structure is determined by the Group of answer choices None of the Answers are Correct. Annual revenue, costs, and profit

nignag [31]

Market structure is determined by the number and relative size of the firms in an industry.

Market structure describes how different industries are categorized and distinguished based on how fiercely and in what ways they compete with one another for customers' goods and services. There are four different kinds of market structures: monopolistic competition, oligopolistic markets, perfect competition, and monopolistic markets.
In economics, market structure illustrates how businesses are categorized and distinguished according to the sorts of items they sell and how external circumstances and elements impact their operations. It is simpler to comprehend the peculiarities of various marketplaces when there is a clear market structure.
The four types of economic market structures are oligopoly, monopoly, perfect competition, and monopolistic competition. The following characteristics explain why the categories are different: In oligopoly, there are few producers, many in perfect and monopolistic competition, and one in monopoly.

Thus the correct answer is Option D.

To learn more about market structure, refer: brainly.com/question/27874368

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6 0

1 year ago

How does an organization get the most out of its large data without

Aleks [24]

Answer:

By Focusing on Key Performing Indicators (KPIs)

Explanation:

Having large amounts of data has its <em>advantages</em> with give entities competitive advantages over rivals. These include the ability to satisfy a market need and establish changing trends in demand.

However, some firms <em>get lost in large data</em> and this is because of overwhelming amount of information and failure to focus on their industry`s Key Performance Indicators (KPIs).

5 0

3 years ago

Sebastian Wayne's filing status is married filing jointly, and he has earned gross pay of $3,940. Each period he makes a 401(k)

Artist 52 [7]

Answer:

Social Security Tax = $ 244.28

Medicare tax = $ 57.13

Explanation:

Social Security Tax: $3,940 x 6.20% = $244.28

Medicare tax: $3,940 x 1.45% = $ 57.13

4 0

3 years ago

Langer Company produces plastic items, including plastic housings for humidifiers. Each housing requires about 15 ounces of plas

Alex

Answer:

Langer Company

Direct Materials Purchases Budget

For July, August and September

July August September Total

Units to be produced 3500 4400 4900 12800

Direct materials per unit (ounces) 15 15 15 15

Production needs 52500 66000 73500 192000

Desired ending inventory (ounces) 19800 22050 28350 28350

Total needs 72300 88050 101850 220350

Less: Beginning inventory 15750 19800 22050 15750

Direct materials to be purchased (ounces) 56550 68250 79800 204600

Cost per ounce $0.08 $0.08 $0.08 $0.08

Total purchase cost $4,524 $5,460 $6,384 $16,368

3 0

3 years ago

When an insurance agency published an advertising brochure, it emphasized the company's financial stability and sound business p

Alex Ar [27]

Answer:

The right answer is 3. False financial statement

Explanation:

When a company gives statements about its processes that are different from those that are occurring inside it, it is considered false and misleading information. In the case of the previous approach as provided in the brochures that your financial situation is the best, we consider the answer 3 as correct since this information does not match what actually happens. therefore, in a false information.

3 0

2 years ago