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kotegsom [21]
2 years ago
10

Which of the following statements is true:

Business
1 answer:
Assoli18 [71]2 years ago
8 0

Answer:

The correct answer is the option A.

Explanation:

To begin with, the <em>monopolistic competition</em> is a type of market characterized by a large number of competitors and products that are mostly heterogeneous due to the fact that all the firms try to achieve the differentation of its product by aggregating unique features or changing the price as much as they can.

Secondly, a <em>oligopolistic </em>market is the type that is characterized by a few number of competitors that dominate the market and have a great influece on the price and that are very dependant on the other company's action.

Finally, in those types of markets the <em>advertising is a huge weapon</em> they can use due to the fact that as there are products that are heterogeneous <em>they must capture the client's attention and try to make them more loyal to the brand</em>.

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2 Which of the following is NOT one of the trappings of marketing? (A) Customer centrality. (B) Declarations of support from top
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Answer:

The equal employment opportunity commission trust me

8 0
2 years ago
Suppose that your colleague has accidentally spilled coffee on his laptop and the file containing your firm\'s cost data has bee
Wittaler [7]

Solution:

Q      MC       FC      VC     TC      AFC     AVC     ATC

0       NA       50        0       50       NA      NA       NA

1        50      50       50      105       50       50      105

2        19       50      64       104       20       32       52

3       85        40      149      189    13.33    49.67  63.00

4      223       40      372     412       10        93        103  

TC=FC+VC

FC=40

VC=TC-FC

MC=change in TC

AFC=FC/Q

AVC=VC/0

ATC=TC/0

a) TC when 0=0 = 40 because FC = 40 remains constant and the firm still incurs a total cost equal to its FC when it produces zero output.

b) MC for first unit = 45

c) ATC of 3rd unit = 63

d) AVC for 4th unit = 93      

6 0
2 years ago
A freelance writer must choose how to spend her time working on several different types of projects. Newspaper stories take 3 ho
Paraphin [41]

Answer:

3N + 25M + P ≤ 45

Explanation:

Let the number of Newspaper Stories taken=N

Newspaper stories take 3 hours to write.

Total Hour spent on Newspaper Stories=3N

Let the number of Magazine Articles taken =M

Magazine articles take much longer to write 25 hours per article.

Total Hour spent in Magazine Articles=25M

Let the number of Proofreading jobs taken =P

Proofreading pays for every 1 hour

Total Hour spent in Proofreading jobs=P

Since both newspaper stories and magazine articles must be completed in the week they are started.

The writer doesn't want to work more than 45 hours per week. So his total hour in a week is less than or equal to 45.

The Constraint that limits the amount of time the writer will work in a week is given as:

3N + 25M + P ≤ 45

7 0
2 years ago
On October 31, 2021, the bank statement for the checking account of Blockwood Video shows a balance of $12,818, while the compan
pickupchik [31]

Answer:

Explanation:

Bal as per cash book. $12,326

Add:

outstanding chq. $1,225

Overstated expenses. $27

Unknown credit. $566

Less:

Uncredited cash. $780

Direct debit. $449

Bank charges $23

Bank charge. $74

Bal in bank statement. $12,818

5 0
2 years ago
Omicron Technologies has $60 million in excess cash and no debt. The firm expects to generate additional free cash flows of $48
blondinia [14]

Answer:

The correct answer is $ 4.5714 which is not in the answer choice but is close to $432.00 million

Explanation:

Solution

Given that:

let us Assume that Omicron uses the entire $60 million to repurchase shares. The amount of the regular yearly dividends in the future is closest to is:

The Enterprise value =$48/0.10 = $480 million

Then,

The Market value = Enterprise value + cash = $480 + $60 = $540 million

Thus,

The Share price = market value / shares outstanding = $480 million / 12 million = $40

The Number of shares repurchased = $60 million / $40 = 1,500,000 shares

The Shares outstanding = 12,000,000 - 1,500,000 = 10,500,000

Dividend = $48 million free cash flow / 10,500,000 = $4.571

8 0
2 years ago
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