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ycow [4]
3 years ago
5

Monopolistically competitive markets and perfectly competitive markets share some similarities but differ in a number of ways. O

ne
such difference between the two is that monopolistically competitive firms (1 point)
Business
1 answer:
FinnZ [79.3K]3 years ago
6 0

Answer:

feature differentiated products

Explaination:

i just took the quiz

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True or false: A potential consequence of an incentive system for factory workers is that workers who are rewarded solely on out
wolverine [178]

If there is incentive system linked to quantity of output produced then workers will try to produce as much products as they can, compromising on the quality of product.

The statement is True.

<h3>Incentive system based on Quantity Produced</h3>

There are different incentive systems in a factory. A worker may get rewarded base don quantity produced.

If this is the case then the worker will try to make more products in minimum possible time which can reduce the quality of those products.

Learn more Business at brainly.com/question/27328022

5 0
1 year ago
Evaluating and rewarding managers based on absorption basis income can lead to overproduction. true or false
nikklg [1K]

Answer:

True

Explanation:

The absorption basis of income, profits are always high when the production is greater than income because more fixed costs will have been deferred in closing inventory.

So, managers will focus more on increasing production which create huge balances of closing stocks and consequently results in large profits.

5 0
3 years ago
The following is a trial balance of Barnhart Company as December 31, Year 1: Account Title: Debit Credit Cash 12,500 Accounts Re
Tanzania [10]

Answer:

The total amount of assets is 15,750.

Explanation:

Reproducing the trial balance below for clarity:

Account Title                  Debit           Credit

Cash                                12,500

Accounts Receivable     3,250

Accounts Payable                               2,800

Common Stock                                   6,600

Retained Earnings                              4,500

Service Revenue                                7,450

Operating Expenses       5,100

Dividends                         500

Total                                21,350         21,350

Calculation of Total Assets:

Total assets = Cash + Accounts Receivable

                    = 12,500 + 3,250

                    = 15,750

Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.

7 0
3 years ago
Suppose the inflation rate is 2% per year. If you currently think of $40,000 as an acceptable retirement income and are expectin
Svetllana [295]
40,000x(1.02^40)=$88,322
3 0
3 years ago
When venturing into a foreign country for business, which controllable risk will you most likely face?
OLEGan [10]

The answer would be C worker strikes due to cultural differences

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3 years ago
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