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3 years ago

Which market structure is most prevalent in reality? Explain.

Business

2 answers:

kaheart [24]3 years ago

5 0

Answer:

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market.

Explanation:

Pls mark me the Brainliest..pls..

Korolek [52]3 years ago

5 0

Let's review different market structures and their characteristics. Monopolistic competition is the most common market structure, characterized by brand name and slightly differentiated products with many substitutes.

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On January 6, Windsor Co. sells merchandise on account to Harley Inc. for $9,700, terms 2/10, n/30. On January 16, Harley pays t

vichka [17]

Answer:

Explanation:

Jan. 6

Dr Accounts receivable $9,700

Cr Sales $9,700

Jan. 16

Cash $10,506

Sales discounts($9,700 * 2%) $194

Accounts receivable $10,700

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4 years ago

Herrindale Mart borrows $420,000 on July 1 with a short-term loan that has an annual interest rate of 5% which is payable on the

kirill [66]

Answer:

August 31, 202x (assuming a 360 day year)

Dr Interest expense 1,750

Cr Interest payable 1,750

Explanation:

The journal entry to record the loan:

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Cr Notes payable 420,000

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Cr Interest payable 1,750

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3 years ago

Doing a budget makes ____________________________ less likely.

ehidna [41]

Answer:

The answer is put is bankruptcy if there aren't any choices

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3 years ago

Suppose ice cream cones costs $3. Molly holds $60. What is the real value of the money she holds?

barxatty [35]

Answer:

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Explanation:

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4 years ago

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Alchen [17]

Answer: corporate social responsibility practice

Explanation:

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3 years ago

Which market structure is most prevalent in reality? Explain.​

Which market structure is most prevalent in reality? Explain.