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2 years ago

Which situation could be the best example of an oligopoly?

Business

2 answers:

AURORKA [14]2 years ago

5 0

Answer:

B. A new producer of a smart phone operating system is trying to enter the market but cannot because most cell phone makers use one of two popular operating systems.

Explanation:

I got it correct on Edg.

Darya [45]2 years ago

3 0

Answer:

The answer is most likely A. new producer of power tools has entered the market and is relying on low prices to attract consumers.

Explanation:

In an oligopoly, there is only a handful of companies operating in the industry and they all present similar types of goods and services (but they can differ too)

The goods and services are closedly priced in an oligopoly market. This means that the price between the goods offered by the companies in the market do not change much between the companies.

So a new manufacturerentering the market has to use a market penetration strategy and set the prices low.

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Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $200,000 and i

kirill115 [55]

Answer:

(a) $190,000

(b) $635,000

Explanation:

(a) Cost of material Consumed:

= Opening Stock of material + Purchases - Closing Material

= $1,20,000 + $200,000 - $130,000

= $190,000

(b) Total Manufacturing cost:

= Direct Material + Direct labor + Overhead

= $190,000 + $120,000 + $325,000

= $635,000

= Total Manufacturing cost + Work in progress Beginning - Work in progress End

= $635,000 + 80,000 - 90,000

= $625,000

8 0

1 year ago

How does having a flexible mind help you become a better employee?

likoan [24]

Well you can ask yourself which of these answers have to do with having a flexible mind. I would say having a flexible mind
helps you become a team player
because in order to work with other people you must have a flexible mind.

8 0

1 year ago

A hospital benchmarked against a ferrari racing team in an effort to:

Rus_ich [418]

<span>improve patient handoff quality</span>

5 0

1 year ago

Elias works as a fire fighter. His top priorities are maintaining safety equipment and protecting himself from physical and econ

Zarrin [17]

Answer:

'Safety Needs' from 'Basic Needs'

Explanation:

Maslow's hierarchy of needs is a psychological theory, stating the priority ranking in which individuals seek to fulfil their needs.

Basic Needs : Physiological needs (food, water, shelter) and Safety needs (security , wealth base)
Psychological Needs : Love, Belongingness needs (good family, friends bonds) and Self Esteem needs (prestige, self accomplishment)
Self Fulfilment Needs : Self Realisation needs (enhancing growth potential, creative activities)

Elias works as a fire fighter. Although she prioritises protection from safety equipment ; she still bought a 'disability insurance' with income protection. This act highlights towards Elias fulfilling / prioritising her : Safety Needs (Security of body, health, employment, resources, family welfare, property); broadly from 'Basic Needs'.

8 0

2 years ago

A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return

Degger [83]

Answer:

Therefore, the internal rate of return is lower than the expected return, for this the project must be rejected

Explanation:

Solution

Given that

The cash flow of a project consists of the following amount from year 0 to 3 = −$161,900, $60,800, $62,300, and $75,000

The rate of return required = 13%

Now,

Let the Internal rate of return be y%

Thus,

At internal rate of return, the value of present inflows is the same as the value of present outflows.

So,

Internal rate of return = Value of present inflows = Value of present outflows

=161900 =60800/1.0y +62300/1.0 y ^2 + 75000/ 1,0 y^3

Therefore, y = internal rate of return 10.41%

7 0

1 year ago