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zzz [600]
2 years ago
15

the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.

Business
1 answer:
Katen [24]2 years ago
4 0

A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.  

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

Learn more in brainly.com/question/5992626

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Denise Company manufactures three products from a joint process. Joint costs for the year amounted to​ $250,000. The following d
prohojiy [21]

Answer:

Product X is allocated with 87,500 dollar of the joint cost.

Explanation:

We allocate the values considering the weight of their sales value:

Joint cost: 250,000

We add up the sales values and then calcualte how much each product contributes to that.

Then we multiply that weight or percentage of sales revenue by the joint cost to get the allocated on each product.

\left[\begin{array}{cccc}$Product&$Sales&$Weight&$Cost\\X&70000&0.35&87500\\Y&30000&0.15&37500\\V&100000&0.5&125000\\Total&200000&1&250000\\\end{array}\right]

8 0
3 years ago
Before purchasing a chemical, one should ask if the chemical is commonly used. how does one know whether or not a chemical is co
Ivenika [448]

Glance through the curriculum to discover how generally the chemical is used in the course of the year.

Chemical procurement is the manner of obtaining gadgets and/or ingredients for enterprise functions. This involves no longer simplest the act of hitting the “purchase” button, however, also includes the issues main up to that factor and the gear used to finish the procedure.

A chemical is any substance that has a described composition. In different phrases, a chemical is continually made from identical "stuff." some chemical substances arise in nature, such as water.

The definition of a chemical is a substance created by way of chemistry. An example of a chemical is a pesticide.

Learn more about Chemical here

brainly.com/question/1222323

#SPJ4

3 0
2 years ago
If a company from Country A decides to sell merchandise to a company from Country B, then the company from Country A ________.
Marizza181 [45]

Answer: C) can denominate the sale in either currency and use the foreign exchange market to convert currency

Explanation:

The options to the question are:

A) will denominate the sale in its own currency since it is too hard to convert foreign currency

B) will denominate the sale in the currency of the buyer since it is too hard for them toconvert foreign currency

C) can denominate the sale in either currency and use the foreign exchange market to convert currency

D) can use the OTC market to convert receipts in the future and the exchange markets to convert receipts in the spot market.

Since the company from Country A I the one selling merchandise to the company from Country B, it means that the company from Country A can denominate the sale in either currency and use the foreign exchange market to convert currency.

4 0
3 years ago
Crane Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows:
vovikov84 [41]

Answer:

Crane Company

If Crane Company uses LIFO, the value of the ending inventory is:

= $440.

Explanation:

a) Data and Calculations:

                               Units   Unit Cost   Total Cost

1/1/20 inventory      150      $4.00         $600

1/15/20 Purchase,    70         5.10            357

1/28/20 Purchase,   70        5.30            371

Total                      240                       $1,328

1/31/20 inventory   110       $4.00         $440 ($4.00 * 110)

b) The LIFO method assumes that goods that are sold first are the last that were purchased.  Therefore, the cost of the ending inventory is usually based on the cost of the earlier inventory purchased.  In our case, the cost per unit was based on the beginning inventory balance.

 

4 0
3 years ago
Solving for the sales level needed to achieve a profit of zero is the same process as solving for the sales level needed to ____
____ [38]

Answer: break-even

Explanation:

5 0
2 years ago
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