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alex41 [277]
3 years ago
10

________ exists when a large number of firms produce goods that are similar but customers believe there is a difference.

Business
2 answers:
Sedaia [141]3 years ago
5 0
Answer (Competitive practice)

The answer that fills the blank is competitive practice because businesses compete when they have a similar product that they both try to sell.

Hope this helps have a nice day :)
hichkok12 [17]3 years ago
4 0

Answer:

Monopolistic Competition

Explanation:

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The strength of the economy depends on the balance of production and consumption of goods and services true or false
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The answer is True because it depends on both 
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1. This problem asks about opportunity costs in different situations. a. You get a jump on your holiday shopping in July and buy
AleksandrR [38]

Answer:

the $400 you would have earned if you sold the toy

Explanation:

Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If you didn't give the toy to the child, you could have sold it for $400. Selling the toy is the next option and thus, it is the opportunity cost

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3 years ago
Deferral adjustments are needed when the business:
prisoha [69]

Answer:

The correct answers are the options B and D: Pays cash before the expense has been incurred. And receives cash before the revenue has been generated.

Explanation:

To begin with, in the accounting field the term of "Deferral Adjustments" refers to those that the accountant does when they postpone the report of it in the income statement until a later period, so that means that when an event happens they might decide to postpone the report of that particular transaction doing what it is called "defer". Moreover, the two most common cases when the accountants use this technique are the ones choosen from the options, the cases B and D.

6 0
3 years ago
Suppose you know a company's stock currently sells for $64 per share and the required return on the stock is 0.12. You also know
jasenka [17]

Answer:

$3.62

Explanation:

Dividend Yield = 0.12/2

Dividend Yield = 0.06

==> (Dividend in One Year)/Current Price= .045

D1 = 0.06*$64

D1 = $3.84

D0 (Current Dividend) = D1/(1+Dividend Yield)

D0 (Current Dividend) = $3.84/(1.06)

D0 (Current Dividend) = 3.622641509433962

D0 (Current Dividend) = $3.62

6 0
3 years ago
Explain how the production possibilities curve can be used to illustrate each of the following: a. wastefulness b. what happens
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Answer:

A. wastefulness - production inside PPC ; B. Economy growth - PPC shift outwards/rightwards ; C. Economy at Productive Efficiency - production on PPC ; D. Unattainable Production- Outside PPC

Explanation:

PPC is graphical representation of production combinations that an economy can produce, given resources & technology.

PPC is based on assumption : That resources are best efficiently utilised. So, all product combinations ON PPC reflect 'Economy is at Productive Efficiency'

All production points INSIDE PPC reflect inefficient utilisation of resources i.e 'Wastage'

Points OUTSIDE PPC are 'Unattainable Product Combinations'- as they are beyond economy's best optimum production, given resources & technology.

'Economic growth' is increase in resources &/or technology which increases economy's production potential and PPC curve SHIFTS rightwards or outwards.  

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3 years ago
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