Classify the following inventory items as either A, B, or C items according to the ABC analysis method:

Imperfect competition is: A. a market structure with no more than one firm in the industry. B. an industry in which all firms ar

nekit [7.7K]

Answer:

The correct answer is letter "C": a market structure where firms have a degree of monopoly power.

Explanation:

No single company influence price in Perfect Competition. There is no entry or exit barrier. All firms sell the same product or service, all of them have the same industry knowledge, and there are a large number of suppliers and buyers. If any of these conditions are not present, it is imperfect competition.

Imperfect competition can be found in monopolies, oligopolies, and monopolistic competition, to name but a few.

3 0

3 years ago

When pitching your budget to decision makers, focus on conveying two things: First, demonstrate ROI from the current year, and s

DENIUS [597]

After demonstrating the ROI from current year, we should showcase the value of our initiatives, campaigns and goals for coming year.

Decision-makers are people who will decide if the presented budget for the financial year is worthy of approval.

The presenter is responsible for explaining what the budget entails with necessary document to convince the decision-makers.

In conclusion, after demonstrating the ROI from current year, we should showcase the value of our initiatives, campaigns and goals for coming year.

Read more about this here

brainly.com/question/5170436

3 0

3 years ago

A computer manufacturer sells motherboards, CPUs, and cases. They only sell products in packages. Package 1 contains 2 motherboa

Gwar [14]

Answer:

The company must sell:

13 No. 1 packages
6 No. 2 packages
17 No. 3 packages

Explanation:

the company currently has 32 motherboards, 18 CPUs, and 90 cases

Package 1 ⇒ IT MUST SELL 13 OF THESE TO SELL ALL THE MOTHERBOARDS LEFT.

2 motherboards x 13 = 25 motherboards sold

3 cases x 13 = 39 cases sold

Package 2 ⇒ IT MUST SELL 6 OF THESE TO SELL ALL ITS CPUs.

1 motherboard x 6 = 6 motherboards sold

3 CPUs x 6 = 18 CPUs sold

Package 3 ⇒ IT MUST SELL 17 OF THESE TO SELL ALL ITS CASES.

3 cases x 17 = 51 cases sold

8 0

3 years ago

Manipulation Manufacturing's (AMM) standards anticipate that there will be 5 pounds of raw material used for every unit of fini

gregori [183]

Answer:

price variance: 13,050 favorable

quantity variance: -1,760 unfavorable

Explanation:

standard quantity 5

standard price 1.1 per pound

actual quantity for 4900 units

$beginning \: inventory + purchases = ending \: inventory + used$

8000 + 25,500 -7,400 = 26,100 pounds

standard quantity 4,900*5= 24,500

actual price 15,300/25,500 = 0.60

standard price = 1.10

$price \: var = actual \: pounds(STD \: price - actual \: price)$

$26100(1.1 - 0.6) = 13050 \: favorable$

Because actual is lower than STD the company saved money spending. It is favorable.

$quantity \: var = STD \: price(STD \: quantity - actual \: quantity)$

$1.10(24500 - 26100) = - 1760 \: unfavored$

Because the company used more pounds than STD the quantity variance is unfavorable

8 0

3 years ago

What were the main reasons grange decided to leave school in order to start his own team?

aleksandr82 [10.1K]

One of the main reason is He Knocked out in one of the games during high school. Grange remained unconscious for two days after the blow and started to experience difficulity in speaking. This make his career became really blurry and none of the team want to sign him. In the end, he had to make his own team.

3 0

4 years ago