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ipn [44]
2 years ago
10

What are the likely reason(s) that the market for dress shirts is not perfectly competitive? please select all that apply?

Business
2 answers:
tekilochka [14]2 years ago
4 0

Answer:

Dress shirts are not a standardized (homogeneous) product.

Explanation:

Standardized products are more homogeneous in their characteristics and therefore more easily found, and the price also tends to be more influenced by competition, tending to be lower than the differentiated ones in the same range. Moreover, these products end up attracting a large number of producers and establishes imperfect competition between them.

The market characteristic of imperfect competition is one that is characterized by the great possibility for sellers to influence demand and prices by means of product differentiation, advertising, lower added value, brand, etc.

An example of a standardized product that establishes an imperfectly competitive market is the dress shirt.

s2008m [1.1K]2 years ago
3 0
Brand competition. price. location.
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aleksandrvk [35]

"researchers usually start their investigation by examining some of the rich variety of low-cost and readily available <u>"secondary" </u>data, then collect <u>"primary"</u> data if the needed data don't existing or are dated, inaccurate, incomplete or unreliable."


Primary data will be data that you gather particularly with the end goal of your examination venture. An advantage of primary data is that it is particularly custom fitted to your examination needs. A weakness is that it is costly to acquire.  

Secondary data alludes to information which is gathered by somebody who is somebody other than the client. Regular sources of secondary data for sociology incorporate censuses, data gathered by government divisions, hierarchical records and information that was initially gathered for other research purposes.

8 0
2 years ago
Adrian owns an older used car that is valued at about $1,000.
Liula [17]

Answer:

Purchasing insurance can help Adrian  minimize  risk. Adrian’s best decision in this case is to  not buy the insurance because the policy is too expensive in relation to the value of his vehicle

0 0
2 years ago
Olu’s African Sculptures is preparing their budgeted financial statements for the coming year, and has accumulated the following
Charra [1.4K]

Answer:

What is the budgeted cash received from customers?

  • b. $4,120,000

Explanation:

cash received from customers = total sales revenue + beginning accounts receivable - ending accounts receivable

  • total sales revenue = 20,000 x 205 = $4,100,000
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  • ending accounts receivable = $20,000

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8 0
2 years ago
In October, Pine Company reports 18,600 actual direct labor hours, and it incurs $126,540 of manufacturing overhead costs. Stand
VladimirAG [237]

Answer:

The total overhead variance in hours taken is 3,600 hours

The total overhead cost variance is $1,110

Explanation:

The variance is about the different between budget/ standard and actual figures.

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The total overhead variance in hours taken  = standard hours of 22,200 - actual direct labor hours of 18,600 = 3,600 hours

The total overhead cost variance  = standard cost - actual cost = $127,650  - $126,540 = $1,110

7 0
2 years ago
10 percent partner in a partnership that incurred a $4 million business loss this year. Jahlil has no other business activities.
sashaice [31]

Answer:

$250,000 and $500,000

Explanation:

According to the tax laws there is annual limit on Loss deductions  relating the amount of business loss that can be deducted in a year.

The law states that single or individual tax payers can deduct nothing more than $250,000 while married taxpayers who are filing jointly can deduct up to $500,000 per year of their business losses.

Therefore, if Jahlil is single the amount of partnership loss he can deduct is $250,000 but if he is married filing jointly, he can deduct $500,000

6 0
1 year ago
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