In a market characterized by ________, all firms must be small and the number of firms in the industry must be large. A. oligopoly B. stable competition C. monopolistic competition D. perfect competition

Answers

Answer 1
Answer:

Answer:

D. perfect competition

Explanation:

Perfects competition is a theoretical market structure where competition among firms is at the highest level possible. It is also known as pure competition. Due to the high level of competition, there are no dominant firms. Each firm will have a small proportion of the market share. Other characteristics of a pure competition market include,

1.  All firms sell a homogeneous or identical products

2. There are barriers to entry or exiting in the market

3.  All firms are price taker; no single entity can influence the prices

4.  There many very firms and seller in the markets

5.   Buyers have sufficient knowledge about the sellers and the market.

Answer 2
Answer:

Final answer:

A market condition characterized by large numbers of small firms is known as Perfect Competition, where no single firm has the power to impact market prices.

Explanation:

The correct answer to the given question is Perfect Competition. In a market characterized by perfect competition, all firms are assumed to be small and the number of firms in the industry must be large. This is to ensure that no single firm has any market power that can influence prices. It implies that firms are price takers and essentially based on demand and supply, market prices are determined. If we move to other types of market structures like oligopoly or monopolistic competition, we find that these focus on few firms controlling the market or product differentiation, rather than large numbers of small firms.

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Exercise (2):Javier Computer Services began operations in July 2017. At the end of the month, the company prepares monthly financial statements. It has the following information for the month.
1. At July 31, the company owed employees $1,300 in salaries that the company will pay in August.
2. On July 1, the company borrowed $20,000 from a local bank on a 10-year note. The annual interest rate is 12%.
3. Service revenue unrecorded in July totaled $2,400.
Required:
Prepare the adjusting entries needed at July 31, 2017.

Answers

Answer:

 

                    Amount in $  

                                              Dr.          Cr.

Salaries Expense   1,300  

Salaries Payable       1,300

   

Salaries to be paid in august    

   

Bank             20,000  

Long term loan       20,000

   

Loan received from bank on a 10 year note    

   

Interest Expense   200  

Interest payable      200

   

Expense on loan for 10 years ( 20,000 *.12*1/12)    

   

Revenue           2,400  

Receivable             2,400

   

Unrecorded revenue    

Explanation:

1. Salaries are payable in august so a payable will be recorded for the amount. and  an expense will be booked for the month.

2. Since this loan is for a period of more than 12 months so it will be treated as long term and interest on it will be calculated as mentioned above.

3. Unrecorded revenue will be recorded at mentioned above.

What situation is considered reinforcement?A. Receiving "thank you" from somebody after doing something nice.
B. The inability to get a job due to prior criminal history.
C. Earning an A despite not studying or listening in class.
D. Refusing to leave a tip for service that was bad.

Answers

Answer:

What situation is considered reinforcement?

A. Receiving "thank you" from somebody after doing something nice.

Explanation:

The action or process of  strengthening

Answer:

c) Earning an A despite not studying or listening in class.

Explanation:

In conduct brain science, fortification is an outcome applied that will fortify a living being's future conduct at whatever point that conduct is gone before by a particular predecessor upgrade.

This fortifying impact might be estimated as a higher recurrence of conduct, longer span, more prominent size, or shorter inactivity.

Which of the following describes what a computer programmer does?A) designing a plan for a new software application

B) implementing a plan for a new software application

C) managing and securing data

D) writing the code to make a new application work

Answers

Writing the code to make a new application work  describes what a computer programmer does. Hence, option D is correct.

What is a computer programmer?

Computer programmers create code and scripts, modify them, and test them to make sure software and applications function as intended. They transform the blueprints created by engineers and software developers into instructions that computers can understand.

Coding may be a profitable career choice for many people. Coders can choose from a variety of employment opportunities, have flexible work schedules and usually earn high incomes.

To become a computer programmer, a person must have a degree in computer science, information technology, mathematics, or a related subject.

Thus, option D is correct.

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Answer:

D) writing the code to make a new application work

Explanation:

In a power point presentation you cannot change a background once you select a theme

Answers

Answer:

No you cant

Explanation:

u must remove the theme to change the color

Answer:

No you cant

Explanation:

Science
What is the relationship between a need in society and a system?

Answers

hiiiii how are yall

If you purchase a product from an online retailer, the safest method of payment isa. none of the above
b. using a debit card.
c. providing your checking account number.
d. using a credit card.

Answers

I would say a. none of the above because if u use any of the other options you can still be a victim of credit card fraud