The answer is d. $260,000. The formula to calculate the budget purchases is: Budgeted Purchases = Cost of Goods Sold + Ending Inventory - Beginning Inventory
Let's calculate the amount to be budgeted for purchases:
1. Calculate the required profit amount: Sales * Required profit percentage = $300,000 * 20% = $60,000.
2. Calculate the cost of goods sold (COGS): Sales - Required profit = $300,000 - $60,000 = $240,000.
3. Calculate the budgeted purchases: COGS + Closing inventory - Opening inventory = $240,000 + $60,000 - $40,000 = $260,000.
So, the correct answer is d. $260,000 should be budgeted for purchases.
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What do we call a business that focused on building products that meet consumers' needs?
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.
What type of function does a project management tool have that a task management tool does not?
file sharing
progress tracking
commenting
budgeting
The commenting are type of function does a project management tool have that a task management tool does not. Thus, option (c) is correct.
What is management?
The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession.
The management are the division of the different departments are the created such as project management and the task management. The file sharing, progress tracking, and budgeting. But, the commenting is not the function of the task management tool.
As a result, the commenting is not the function does a project management tool have that a task management tool does not. Therefore, option (c) is correct.
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After McBee and Nance began dating, McBee had financial difficulties and Nance gave her various cash loans. McBee signed a promissory note for $15,000, secured by a deed of trust on her house. After she failed to make payments, Nance foreclosed on the house. McBee then sued, arguing the consideration was inadequate; that it should be the same as the amount of the note. Is this correct? Explain.
Answer: No, McBee's argument that the consideration was inadequate is not correct.
Consideration is defined as something of value given in exchange for a promise or act. The consideration in this case is the various cash loans that Nance gave to McBee, and it is separate from the promissory note and the deed of trust. The promissory note for $15,000 is a legal document that outlines the terms of the loan and the borrower's obligation to repay it, while the deed of trust secures the loan by placing a lien on McBee's house.
If McBee fails to make payments as agreed, Nance is within rights to foreclose on the house to recover the loan amount. The consideration, being the cash loans given by Nance, is adequate as long as it is a legal and enforceable agreement between the two parties. McBee's claim that the consideration should be the same as the amount of the note is not valid in this situation.
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In traditional economies, government controls all manufacturing.
Answer:
true
Explanation:
Costs for office equipment in the first year of a business can run from approximately
A 500 to $1,500.
B3,000 to $12,000.
C6,000 to $18,000.
D10,000 to $25,000.
Answer:
c
Explanation:
if it's a green technology than the answer could be c
Ed Sheeran, a British pop and rock singer, is scheduled to perform a concert on September 14, 2018, at 7 p.m. In Gillette Stadium in Foxboro, MA. The ticket price ranges are from $62 to $8,668. Based on your knowledge of the D and S model for the music entertainment market, briefly explain whether these price ranges truly reflect the market prices. Why or why not?
Other factors such as the availability of similar concerts in the area, the popularity of the venue, and the overall economic climate can also affect the market prices. Therefore, it is difficult to determine whether the ticket price ranges truly reflect the market prices without considering all of these factors.
Based on the D and S model for the music entertainment market, the ticket price ranges for Ed Sheeran's concert at Gillette Stadium may not truly reflect the market prices. The demand for Ed Sheeran's concert may be high, which would cause the ticket prices to be on the higher end of the spectrum. However, the supply of tickets may also be high, which would cause the ticket prices to be on the lower end of the spectrum. Additionally, other factors such as the availability of similar concerts in the area, the popularity of the venue, and the overall economic climate can also affect the market prices. Therefore, it is difficult to determine whether the ticket price ranges truly reflect the market prices without considering all of these factors.
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Matt recently deposited $27,000 in a savings account paying a guaranteed interest rate of 5 percent for the next 10 years. Required: If Matt expects his marginal tax rate to be 22.00 percent for the next 10 years, how much interest will he earn after-tax for the first year of his investment
Matt will earn $1,350 in interest for the first year of his investment.
To calculate how much interest Matt will earn after-tax for the first year of his investment, we need to first determine his before-tax interest earnings.
Matt deposited $27,000 in a savings account with a guaranteed interest rate of 5 percent for the next 10 years. To calculate his before-tax interest earnings for the first year, we can use the formula:
Before-tax interest = Principal x Rate
Before-tax interest = $27,000 x 0.05
Before-tax interest = $1,350
So, Matt will earn $1,350 in before-tax interest for the first year of his investment.
Next, we need to calculate how much of this before-tax interest will be subject to taxes. Matt expects his marginal tax rate to be 22.00 percent for the next 10 years. This means that 22.00 percent of his before-tax interest will be paid in taxes.
To calculate the after-tax interest earnings for the first year, we can use the formula:
After-tax interest = Before-tax interest x (1 - Marginal tax rate)
After-tax interest = $1,350 x (1 - 0.22)
After-tax interest = $1,053
Therefore, Matt will earn $1,053 in after-tax interest for the first year of his investment.
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Your first semester of college, you take out a small loan to help pay for books. Despite being busy, you get a part-time job. Although you don’t have to pay your loan back until you graduate, you’ve saved enough by the end of the semester and you will pay off the loan in full.
Does your credit score go up or down? Why?
Paying off a loan in full can have a positive impact on your credit score. When you take out a loan, it is viewed as debt, and your credit score is affected by your debt-to-income ratio. If you have too much debt, lenders may see you as a risk and be less likely to loan you money in the future.
However, paying off the loan in full demonstrates responsibility and the ability to manage your finances effectively, which can lead to an increase in your credit score. Additionally, making timely payments on your loan can also positively impact your credit score. Overall, paying off a loan in full and on time can have a positive impact on your credit score.
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Oh boy not much points left better get some
Answer:
Im so confused
Explanation:
:)
Answer:
..........
Explanation:
Four main elements characterize and inform the development of the most effective product strategies. Which among the following is NOT one of those main elements?
a.
Guidelines
b.
Background
c.
Product specifications
d.
Focus
The option that is NOT one of the four main elements characterizing and informing the development of effective product strategies is "a. Guidelines."
The four main elements that characterize and inform the development of effective product strategies are background, product specifications, focus, and guidelines are not part of these elements.
Background refers to the understanding of the market, competitors, and customer needs, which helps shape the product strategy. It involves conducting market research, analyzing trends, and assessing the competitive landscape.
Product specifications involve defining the features, functionality, and performance of the product. This includes determining the target market, positioning, pricing, and differentiation strategies.
Focus relates to the strategic direction and priorities of the product strategy. It involves identifying the key objectives, target markets, and value proposition to ensure a clear and focused approach.
Guidelines, however, are not typically considered one of the main elements in product strategy development. While guidelines may exist to provide frameworks, principles, or standards for decision-making, they are not a fundamental element that characterizes and informs product strategy development.
In summary, the main elements characterizing effective product strategies are background, product specifications, and focus, whereas guidelines are not included in these core elements.
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Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $19, computed as follows:Direct materials $ 6Direct labor 7Variable manufacturing overhead 1Fixed manufacturing overhead 5Unit product cost $ 19An outside supplier has offered to provide the annual requirement of 6,600 of the parts for only $10 each. The company estimates that 60% of the fixed manufacturing overhead cost above could be eliminated if the parts are purchased from the outside supplier. Assume that direct labor is an avoidable cost in this decision. Based on these data, the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:________A. $1 per unit on averageB. $10 per unit on averageC. $13 per unit on averageD. $51 per unit on average
The financial advantage (disadvantage) of purchasing the parts from the outside supplier would be $12.00 per unit on average (Option C).
Direct materials $6.Direct labor $7.Variable manufacturing overhead $1.Fixed manufacturing overhead $5.Unit product cost $19
The outside supplier has offered to provide the annual requirement of 6,600 of the parts for only $10 each. The company estimates that 60% of the fixed manufacturing overhead cost could be eliminated if the parts are purchased from the outside supplier.Direct labor is an avoidable cost in this decision. Now,Supler Corporation Producing the part cost =$19.00
Purchase cost of the part from the outside supplier=$10.00
Potential savings =$19.00−$10.00=$9.00
Elimination of 60% of fixed overhead costs =$5.00×60%= $3.00
Total savings =$9.00+$3.00=$12.00
Therefore, the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be $12.00 per unit on average (Option C).
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2. Davidson describes two fundamentally different economic philosophies that both impact the debt crisis that the US faces. What are these philosophies? Do you agree with one more than the other?
Answer:
Davidson describes two philosophies that are represented each by the Republican Party and by the Democratic Party.
Republicans believe, according to Davidson, that the economy works best when the state keeps its hands off it. Republicans view a free market economy without government intervention as essentially a perfect machine that can coordinate the interests of vastly different goups of people (this is the concept of the invisible hand, developed by Adam Smith).
The Democrats, on the other hand, while seeing Capitalism as the most efficient economic system, believe that the capitalist economy needs to be regulated by the state, because otherwise, a free market generates undesirable effects like externalities and economic inequality.
According to Davidson, the republicans and the democrats as philosophies are two fundamentally different economic philosophies that impact the debt crisis facing the US. I agree more with the republican side of things, life can't always come with an aim of everything being "equal" and "fair".
ebony roberts tells vogel she is pleasantly surprised about how much he knows about what's going on in the company worldwide. how does this level of communication help his reentry process?
Ebony Roberts tells Vogel she is pleasantly surprised about how much he knows about what's going on in the company worldwide closer the contact with the home office while abroad, the easier the reentry. This helps in communication.
What is the meaning of communication?
Sending or receiving messages through both verbal and non-verbal means is the process of communication. The goal of communication is to create understanding between a group of individuals by sharing data in the form of thoughts, views, and ideas in a two-way fashion.
The act of interacting with people and one's surroundings is essentially what the word "communication" refers to. Such encounters allow two or more people to have an impact on each other's thoughts, beliefs, and attitudes.
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Read the scenario and answer the question.
A hurricane hit the Georgia coast and citizens living along the coast lost power to their homes for two weeks after the storm. During that
time, citizens had limited access to drinkable water and gasoline for their vehicles and generators.
Since gasoline was more scarce than usual, how was the market for gasoline likely affected following the storm?
A
The price of gasoline increased in coastal cities since gasoline was harder to find.
B
Citizens purchased substitute products that would satisfy their demand for gasoline.
С
The demand for gasoline decreased until it became widely available once again.
D
Temporary shortages of gasoline resulted in a price reduction by producers.
Answer:
A). The price of gasoline increased in coastal cities since gasoline was harder to find.
Explanation:
As per the principles of demand and supply, a decrease in supply while demand remains constant will cause the price to increase. In Georgia, the supply of gasoline was interrupted by the storm's effect. There was little gasoline coming in, leading to a shortage. After Electricity went off, gasoline demand must have gone high as people needed fuel for generators.
Gasoline has no close substitutes, especially when used as fuel for cars and generators. A shortage results in the scramble for the little available products. Sellers hike prices to maximize profits, and buyers are willing to pay more to get the scarce gasoline, thereby increasing its prices.
You estimate that your new business's revenue will grow at a compounded rate of 30% each month for the first 6 months. If your third month's revenue is estimated at $5,000, what is your second month's revenue? (Round to the nearest dollar.)
Answer:
The second month's revenue is $3846.15
Explanation:
The interest rate at which the revenue grow = 30%
Total months or time periods = 6 months
The revenue of third month’s = $5000
Now we have to find the revenue for the second month.
Let the revenue of second month = x
Now, use the below equation to find the second month’s revenue
x + 30% of x = 5000
x + 0.3x = 5000
1.3x = 5000
x = 3846.15
Thus, the second month's revenue is $3846.15
The second month's revenue is $3846.15
The calculation is as follows:
Let us assume the revenue of second month = x
x + 30% of x = 5000
x + 0.3x = 5000
1.3x = 5000
x = 3846.15
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what is a customer retention?
Answer:
Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.
Explanation:
can i have brainliest
Identify the relevant auditing standards (PCAOB, AICPA, and IAASB) relating to communicating with audit committees. Locate the standards on each organization’s website.
Compare the scope of communication intended in the PCAOB standard versus that of the harmonized AICPA/IAASB standards.
How do the AICPA/IAASB standards define "those charged with governance"?
The PCAOB standard notes that the prior auditing standard relating to this topic, AU 380 (1989), indicated that audit committee communications are incidental to the audit. The new PCAOB standard takes quite a different approach, articulating the critical importance of audit committee/auditor communication throughout the year, and certainly before the issuance of the audit report. Comment on why you think the profession has shifted its focus in this regard so significantly.
According to the PCAOB standard, what are the four objectives of the auditor in communicating with the audit committee?
The relevant auditing standards for communicating with audit committees are as follows:
PCAOB (Public Company Accounting Oversight Board):
PCAOB Standard No. 16, Communications with Audit Committees
The standard can be found on the PCAOB's website under "Standards."
AICPA (American Institute of Certified Public Accountants) and IAASB (International Auditing and Assurance Standards Board):
AICPA and IAASB have harmonized their standards on communicating with those charged with governance. The relevant standards are:
AICPA - AU-C Section 260, The Auditor's Communication with Those Charged with Governance
IAASB - ISA 260 (Revised), Communication with Those Charged with Governance
These standards can be found on the AICPA's and IAASB's websites under "Standards and Guidance."
The scope of communication intended in the PCAOB standard is more comprehensive compared to the harmonized AICPA/IAASB standards. The PCAOB standard emphasizes the importance of continuous communication with the audit committee throughout the year, including discussions about the audit plan, significant audit findings, and the auditor's independence. The AICPA/IAASB standards also cover similar topics but may have some differences in specific requirements.
The AICPA/IAASB standards define "those charged with governance" as the individuals or organizations with responsibility for overseeing the strategic direction of the entity and obligations related to the accountability and financial reporting process.
The shift in focus by the profession regarding audit committee/auditor communication can be attributed to several factors. These include a greater emphasis on corporate governance and accountability, increased regulatory scrutiny, and the recognition of the audit committee's vital role in ensuring effective financial reporting and audit quality.
According to the PCAOB standard, the four objectives of the auditor in communicating with the audit committee are:
To provide an overview of the overall audit strategy, including timing and significant risks.
To communicate significant audit findings, including any material weaknesses in internal control.
To discuss the auditor's evaluation of the entity's financial statements and significant accounting policies.
To address other matters required to be communicated by auditing standards, laws, or regulations.
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where are changed files cached until replication is finished?
When a file is changed in one replica, the changed files are cached until replication is finished. The cached files are maintained in an intermediate location called "cache coherency" until they are replicated.
WAN acceleration can boost the efficiency of WAN links by caching recently used files and data so they can be accessed quickly and easily. WAN optimization techniques such as data deduplication, file caching, and protocol optimization may be used to accomplish this task. Replication can be time-consuming and resource-intensive, therefore it is a common approach to maintain changes on the side of the file until the replication is finished.
When replication is complete, the updated files are pushed to the cache and the modified files are updated to the main branch.
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Special regulators with heaters to keep the gas warm must be installed on cylinders containing
acetylene.
carbon dioxide.
argon
helium
It's important to use special regulators with heaters when dealing with certain gases to ensure their proper function and safety.
In the context of your question, special regulators with heaters must be installed on cylinders containing carbon dioxide. This is because carbon dioxide can easily form dry ice when its pressure decreases during the gas withdrawal process, which can block the regulator. By using a heated regulator, the temperature of the carbon dioxide is maintained, preventing the formation of dry ice and ensuring the safe and efficient operation of the system.
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what role of the federal reserve has been cited as contributing to the banking crisis of 2008? it kept the reserve requirement too high. it kept interest rates too high. it kept the cost of borrowing too low. it eliminated the discount rate.
The federal reserve has been cited as contributing to the banking crisis of 2008 by keeping the cost of borrowing too low. Hence, option D is appropriate.
What is the Federal reserve?To guarantee that the financial system supports a strong economy for American people, communities, and businesses, the Federal Reserve analyzes financial sector risks and actively participates at home and abroad.
The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C. Seven people referred to as "governors," would be chosen either by the American president but also confirmed in their positions or by the American senate in charge of it.
The Fed is the main regulator overseeing banks that are participants within Federal Reserve System and has considerable authority to take action to promote financial stability. It serves as the member institutions' last-resort lender when they have nowhere else to turn for financing.
Hence, option D is correct.
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what activities does marketing involve besides selling?
Answer:The activities involved in marketing are
Product and Service Selection. A manufacturer or service provider ideally listens to its customers and prospects before making product and service decisions.
Product or Service Pricing
Product Placement Activities
Incentives and Promotional Activities.
Explanation:
Ceteris paribus, if north korea increases the size of its military, thenmultiple choiceits production of consumer goods will increase.its production possibilities curve will shift inward.its production possibilities curve will shift outward.
If ceteris paribus, if north korea increases the size of its military, then Its production possibilities curve will shift outward.
When North Korea increases the size of its military, it is likely to allocate more resources towards the military sector, such as investment in arms and soldiers' salaries. This may lead to a decrease in resources available for the production of consumer goods, thereby reducing the production of consumer goods in the short run.
However, in the long run, the increased military spending may lead to the development of new technology, which can be applied to other sectors of the economy. This could result in an increase in productivity and an outward shift in the production possibilities curve, representing an increase in the maximum potential production of both military and consumer goods.
Therefore, the correct answer is its production possibilities curve will shift outward.
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A firm operating in a "perfectly competitive market" has "no market power," which implies that the firm.
A firm operating in a "perfectly competitive market" has "no market power," which implies that the firm more than one (perhaps all) of the above answers is correct.
Why is there no market power in perfect competition?There are no economic profits for businesses that compete in a market that is totally competitive since the market price is equal to their marginal cost.
Do businesses with perfect competition possess market dominance?When there are several firms manufacturing rival goods and no firm has a sizable amount of market power, the market is said to be in a state of perfect competition, which is the ideal situation.
Why do businesses in marketplaces that are competitive lack any market power?There are no entrance barriers for businesses, and every consumer has perfect knowledge. Because there are so many businesses producing the same goods, none of them can eventually accumulate enough power to have an impact on the sector. As a result, eventually all potential reasons of earnings are discounted.
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Multiple Choice
Which of the following illustrates why corn was such a precious commodity to Native Americans?
The kernels were easy to transport.
It was easy to plant and grew quickly.
o One kernel could produce one to two ears.
It could be grown in any type of soil.
Why are aircraft carriers a thing? Why can’t there just be an airport on land only for military aircraft?
Answer:
Aircraft carriers are a vital component of modern naval warfare because they allow for military aircraft to operate far from land bases, providing a mobile platform for conducting a wide range of military operations.
Unlike land-based airports, aircraft carriers are not limited to fixed locations and can be moved to strategic locations in response to changing military requirements. This mobility provides significant advantages, as carriers can be deployed to various regions of the world, allowing for rapid response times and the ability to project power over long distances.
Additionally, aircraft carriers have the ability to launch and recover a large number of aircraft in a short amount of time, providing a significant force multiplier for military operations. They can be used for a variety of missions, including air support for ground troops, strike missions against enemy targets, and reconnaissance and surveillance operations.
Furthermore, an aircraft carrier can also serve as a mobile command center, allowing military commanders to conduct operations from the ship's command and control center, which provides an added level of flexibility and operational capability.
In summary, while land-based airports are certainly useful for military operations, aircraft carriers provide unique advantages that make them an essential part of modern naval warfare.
Explanation:
I had this exact question. This should get you a 100% grade.
Operations management is only about being as cost-effective as possible.
O True
O False
Answer:
True
Explanation:
Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example.
what are two key characteristics of the introduction stage of the product life cycle?
The two key characteristics of the introduction stage of the product life cycle include "the high costs resulting from the initial cost of marketing, advertising, distribution, etc."
The other key characteristics of the introduction stage of the product life cycle are "the sale quantities are usually low, which then increases gradually."
Other characteristics of the introduction stage of the product life cycle include the following:
Little competitionDemands need to be established through the advert.Customers must be persuaded to buy the product.The introduction stage of a new product is the beginning stage in a product life cycle.Hence, in this case, it is concluded that the introduction stage of a product life cycle is significant.
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Side effects such as drowsiness, mental clouding, and nausea
can be a result of taking:
We might anticipate experiencing symptoms like tiredness, mental clouding and nausea when using opioids.
What causes hazy urine, and why?The presence with alkaline is the most frequent cause of murky urine. Water, salts, and waste products from the kidneys make up urine, and the ratio of these elements determines whether it is alkaline or acidic (pH). The pH range for normal urine acidity to alkalinity is 4.5 to 8.
Why does my stomach hurt and my urine seem cloudy?UTIs frequently result in symptoms that are unique to the bladder, such as murky urine and pain when urinating. The infection-causing bacteria, however, can also impact your abdomen, particularly your lower belly. Bloating can happen, along with a lot of pressure, pain, and discomfort.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
What is competitive market?A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
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