Answer:
Characteristics of Monopolistic Competition: -
- Large number of firms
- Product differentiation
- No entry and exit cost in the long rim
- Challenging entry
Characteristics of Perfect Competition: -
- Large number of firms
- Identical products
- Easy to entry and exit
Characteristics of Oligopoly: -
- Few numbers of firms
- Identical or differential product
- Significant barriers to entry
Characteristics of Monopoly market: -
- Single firm
- No entry for new firms
Scenario 1
Number of firms = Many
Type of product = Differentiated product
Entry = Challenging
Market Model = Monopolistic
Scenario 2
Number of firms = Many
Type of product = Homogeneous product
Entry = Easy
Market Model = Perfectly competitive
Scenario 3
Number of firms = Few
Type of product = Identical product
Entry = Challenging
Market Model = Oligopoly
Answer: In an effort to <u>differentiate</u> its offerings from its competitors, Pegasus added <u>additional features that increased the price</u> of the laptops by $500.
This is an example of <em>Porter's competitive strategies </em>( <u>product differentiation </u>strategy).
Explanation:
The differentiation strategy consists in <em>offering a product similar</em> to one of another company in the market but that <em>has certain characteristics</em> that make the customer perceive it as unique and to be willing to pay a higher price for it.
Strategy <u>Variables</u>:
- Product characteristics.
- How the company communicates with its customers.
- Market features.
It can happen when the <u>price increases</u>, that the difference between this and and another <em>product ´s features is not too large</em>, so that we lose the loyalty of our customers because they don ´t want to pay the new price .
Answer:
4.500
Explanation:
According with the information say that the $120.000 correspond to overhead to the rate of 75% of direct labor force, so you have to calculate the portion that is directed to the direct labor cost:
Direct labor cost: $120.000 * 75%
Direct labor cost: $ 90.000
Now you know that the average wages per hour of the direct labor force is $20. Now you have to divide the direct labor cost by the average salary per hour to calculate the number of hours worked in June.
Number of hours = $ 90.000/$20
Number of hours = 4.500
The answer is C report the symptom to her manager
Answer:
The right solution is "600000".
Explanation:
The given values are:
Cost of office furniture,
= $100,000
Cost of the computer system,
= $500,000
- The changed MACRS enables a company to reduce the mortgage balance of such deteriorating properties over time.
- Throughout the very first years, MACRS permits quicker depreciation although subsequently slows down depriving. This seems to be fantastic for corporations from a tax point of view.
Now,
The cost recovery deduction will be:
= 
On substituting the values, we get
= 
= 
