In a(n) ________ market structure, a small group of companies share pricing power sufficient to set the marketplace price for their products or services
A) monopoly
B) oligopoly
C) monopolistic competition
D) pure competition
E) natural competition
B
You might also like to view...
Dublin, Inc. uses the periodic inventory system. On February 1, the corporation purchased inventory on account for $16,000. The terms were 4/10, n/30. On February 2, it returned damaged goods worth $600 to the supplier. Give the journal entry for the payment if the invoice is paid after the discount period. (Round your answers to the nearest dollar.)
Michael & Co. expects overhead costs of $60,000 per month and direct production costs of $24 per unit. The estimated production activity for the current accounting period is as follows: 1st Quarter2nd Quarter3rd Quarter4th QuarterUnits produced11,5009,0008,25011,250 The predetermined overhead rate based on units produced is: (rounded to the nearest penny.)
A. $1.50 per unit. B. $2.67 per unit. C. $42.00 per unit. D. $18.00 per unit.
A paragraph is a visual unit because it
A) discusses only one topic but does so in great detail. B) uses white space to enhance readability. C) signals readers to pause and digest the information it contains. D) adds coherence to the document's unity. E) uses a single typeface for emphasis and subordination.
What kind of sentence reveals the main idea of a paragraph?
A) Pivoting B) Supporting C) Topic D) Transitional