The two primary decision-specific qualities that make accounting information useful are:________
Answers
The most important decision-specific characteristics that make accounting information helpful are relevance and faithful depiction.
Accounting data is the information that is recorded in the books of accounts and is utilized by management to make decisions. Financial statements are created using this data.
The information provided should be pertinent to the financial statement users and aid in their decision-making. Users may rely on the reported information to develop their opinions and make decisions because dependability guarantees that correct information is reported. According to the feature of relevance, the information must be both confirmatory and predictive in order for users to make and assess economic decisions. The type and substance of information have an impact on its relevance. A depiction would need to have three qualities in order to be an exact replica. It would be whole, impartial, and error-free.
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Related Questions
The problems of ineffective communications in business
Answers
Answer:
Misunderstandings: When communication is unclear or ambiguous, it can lead to misunderstandings between employees, managers, or clients. This can cause delays, mistakes, and ultimately, loss of productivity and revenue.
Poor teamwork: Effective communication is essential for effective teamwork. If team members are unable to communicate effectively with one another, they may fail to collaborate and coordinate their efforts, leading to poor performance and results.
Low morale: When communication is ineffective, it can create a negative work environment and lead to low employee morale. This can result in a lack of motivation, decreased productivity, and high turnover rates.
Customer complaints: Poor communication with customers can result in complaints and loss of business. Customers who feel that their concerns or questions are not being addressed may take their business elsewhere.
Increased costs: Ineffective communication can lead to additional costs for a business, such as rework or waste due to misunderstandings or mistakes. This can negatively impact the bottom line and reduce profitability.
Overall, ineffective communication can have significant impacts on a business's productivity, profitability, and reputation. It is essential for businesses to prioritize effective communication strategies to avoid these problems and ensure success.
Explanation:
How education is medium to enhance the ability of human beings?
Answers
The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.
You're the production manager for Blue Ribbon Bakery, and you're responsible for managing the inventory of all of the flour, eggs, milk, butter, and other raw materials that go into the company's baked goods. Storing all of these raw materials, some of which require refrigeration, can get expensive so you don't like to go overboard on ordering them, but on the other hand you have to make sure the bakery workers have what they need.
Required:
What methods of inventory control do you think will work best at Blue Ribbon?
Answers
The inventory control methods that will work best at Blue Ribbon Bakery will be the Just-in-Time (JIT) method, which helps to stock the raw materials available in the proper quantity to be used during the work.
Just-in-Time is a method that seeks to optimize inventory, by providing the exact quantity for demand, avoiding waste, reducing costs and improving other processes by increasing quality, such as storage, transport and cash flow.
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What types of procedures in schools could benefit from TQM? If students are regularly late for classes, how can the school use TQM tools to help solve the problem?
Answers
SO THE ANSWER FOR THE TWM IS
393
How did Adam Smith's economic beliefs lead to the development of a new economic system?
Answers
Adam Smith was a Scottish economist and philosopher whose ideas on economics had a profound impact on the development of the capitalist system.
Smith believed that free markets, competition, and the division of labor were essential to economic growth and prosperity. In his influential book "The Wealth of Nations," he argued that the government should have a limited role in the economy, and that individuals pursuing their self-interest in a competitive market would lead to the most efficient allocation of resources.
Smith's ideas laid the foundation for the development of a new economic system, known as capitalism, which emphasizes private ownership of the means of production, free markets, and entrepreneurship. Capitalist system has been credited with driving innovation, raising living standards, and promoting economic growth, but has also been criticized for its negative impact on the environment, income inequality, and social justice.
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A _____ is a person who does a job for a specified time period, usually less than six months. For example, some agricultural workers are often employed only for harvesting. Entrepreneur job sharing flexible work hours temporary employee
Answers
Answer:
Temporary employee.
Explanation:
A temporary employee is a person who does a job for a specified time period, usually less than six months. For example, some agricultural workers are often employed only for harvesting.
Basically, a temporary employee refers to an individual who is employed by an organization based on the specific requirements and needs of the organization and the job is typically limited to a specific period of time. Thus, once the agreed upon time elapse, the employee's service will no longer be needed and as such its terminated.
This type of employment is a contractual agreement between the employee and the employer for he or she to be employed for a limited period of time.
Answer:
Temporary Employee
Explanation: I took the test and got all of the answers right.
variable inputs for a car dealership may include _____ select all that apply:
a. the car lot used to house
b. the carsthe cars for saleoffice buildings used by the car c. dealershipprinter paper used to print contract agreements
Answers
The car lot used to house the cars for sale: The car dealership may require a variable amount of space on the car lot to display and store the cars based on the inventory levels and sales activity.
The cars for sale: The number of cars available for sale is a key variable input for a car dealership. The dealership may need to adjust its inventory levels based on demand and market conditions.
Printer paper used to print contract agreements: Printer paper is a variable input as the car dealership may require varying amounts of paper to print contract agreements for vehicle sales. The usage can depend on the number of sales transactions and the dealership's practices.
Office buildings used by the car dealership: The car dealership may utilize office buildings for various purposes such as sales, administration, customer service, and finance. The number and size of office buildings can vary based on the dealership's operations and expansion plans.
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Variable inputs for a car dealership may include the car lot, office buildings, and printer paper.
The variable inputs for a car dealership may include:
The car lot used to house the cars for saleOffice buildings used by the car dealershipPrinter paper used to print contract agreementsLearn more about Car Dealership Inputs here:https://brainly.com/question/33810345
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The treasurer of Systems Company has accumulated the following budget information for the first two months of the coming year:March AprilSales. $450,000 $520,000Manufacturing costs 290,000 350,000Selling and administrative expenses 41,400 46,400Capital additions 250,000 ---The company expects to sell about 35% of its merchandise for cash. Of sales on account, 80% are expected to be collected in full in the month of the sale and the remainder in the month following the sale. One-fourth of the manufacturing costs are expected to be paid in the month in which they are incurred and the other three-fourths in the following month. Depreciation, insurance, and property taxes represent $6,400 of the probable monthly selling and administrative expenses. Insurance is paid in February and a $40,000 installment on income taxes is expected to be paid in April. Of the remainder of the selling and administrative expenses, one-half are expected to be paid in the month in which they are incurred and the balance in the following month. Capital additions of $250,000 are expected to be paid in March.Current assets as of March 1 are composed of cash of $45,000 and accounts receivable of $51,000. Current liabilities as of March 1 are composed of accounts payable of $121,500 ($102,000 for materials purchases and $19,500 for operating expenses). Management desires to maintain a minimum cash balance of $20,000.Prepare a monthly cash budget for March and April.
Answers
Answer:
March $6,000
April $134,400
Explanation:
Preparation of a monthly cash budget for March and April
SYSTEMS COMPANY CASH BUDGET FOR MARCH AND APRIL
March April
Estimated cash receipts from:
Cash sales $157,500 $182,000
($450,000*35%=$157,500)
($520,000*35%=$182,000)
Collections of accounts receivable
$285,000 $328,900
[$51,000+($450,000*65%*80%)=$285,000]
[($450,000*65%*20)+($520,000*65%*80%)=$328,900]
Total cash receipts $442,500 $510,900
($157,500+$285,000=$442,500)
($182,000+$328,900=$510,900)
Estimated cash payments for:
Manufacturing costs $174,500 $305,000
[$102,000+($290,000*1/4)=$174,500]
[($290,000*3/4)+($350,000*1/4=$305,000)]
Selling and administrative expenses $37,000 $37,500
[($41,400-$6,400)/2 + $19,500 $37,000]
[($46,400-$6,400)/2 +$19,500$37,500]
Capital additions $250,000 $0
Income taxes $0 $40,000
Total cash payments $461,500 $382,500
Cash increase (decrease) -$19,000 $128,400
($442,500-$461,500=-$19,000)
($510,900-$382,500=$128,400)
Cash balance at beginning of month $45,000 $26,000
Cash balance at end of month $26,000 $154,400
(-$19,000+$45,000=$26,000)
($128,400+$26,000=$154,400)
Minimum cash balance $20,000 $20,000
Excess (deficiency) $6,000 $134,400
($26,000-$20,000=$6,000)
($154,400-$20,000=$134,400)
Therefore The monthly cash budget for March and April will be :
March $6,000
April $134,400
Estimating Share Value Using the DCF Model (DO NOT POST PREVIOUS RESPONSE TO THIS QUESTION BECAUSE IT IS WRONG, THANK YOU)
Following are forecasted sales, NOPAT, and NOA for Texas Roadhouse for 2016 through 2019.
a. Forecast the terminal period values assuming a 1% terminal period growth rate for all three model inputs: Sales, NOPAT, and NOA.
Round your answers to the nearest dollar.
Reported Forecast Horizon Terminal
$ thousands 2015 2016 2017 2018 2019 Period
Sales $1,807,368 $2,078,473 $2,390,244 $2,581,464 $2,787,981 Answer
NOPAT 102,495 170,435 196,000 211,680 228,614 Answer
NOA 662,502 761,904 876,189 946,284 1,021,987 Answer
b. Estimate the value of a share of TXRH common stock using the discounted cash flow (DCF) model as of December 29, 2015; assume a discount rate (WACC) of 7%, common shares outstanding of 70,091 thousand, net nonoperating obligations (NNO) of $(14,680) thousand, and noncontrolling interest (NCI) from the balance sheet of $7,520 thousand. Note that NNO is negative because the company’s cash exceeds its nonoperating liabilities.
Rounding instructions:
Use rounded answers for subsequent computations.
Round answers to the nearest whole number unless otherwise noted.
Round discount factor to 5 decimal places and stock price per share to two decimal places.
Use a negative sign with your negative NNO answer. Otherwise, do not use negative signs with your answers.
Answers
The value of a share of TXRH common stock using the DCF model using the discount rate of 7%.
To estimate the value of a share of TXRH common stock using the DCF model, we need to use the following formula:
Share Value = [FCFF / (WACC - g)] + PV of terminal value
Where FCFF is the free cash flow to the firm, WACC is the weighted average cost of capital, g is the expected growth rate, and PV is the present value.
To calculate the FCFF, we need to use the following formula:
FCFF = NOPAT - (Net investment in operating assets - Depreciation) - (Net nonoperating obligations - NCI)
Using the provided information and assumptions, we can calculate the FCFF for each year and the terminal period, then calculate the present value of each using the discount rate of 7%.
Once we have the PV of each cash flow, we can sum them up to get the total present value, which represents the estimated share value.
Note that we also need to calculate the terminal value using the forecasted terminal values and the same 1% growth rate assumed for all three inputs. We can then discount the terminal value to its present value and add it to the sum of the PVs of each cash flow.
Finally, we divide the total present value by the number of common shares outstanding to get the estimated share value.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Compute the compound interest. Binal Patel invested $6000 at 4% compounded semiannually. How much will be in the account in 10 vears? Round to the nearest cent.
Answers
The amount in Binal Patel's account after 10 years, with a principal investment of $6000 at an annual interest rate of 4% compounded semiannually, can be calculated using the compound interest formula. The amount in the account after 10 years will be approximately $8,214.69.
How is the compound interest calculated?Compound interest is calculated using the formula:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal investment
r = the annual interest rate (expressed as a decimal)
n = the number of times interest is compounded per year
t = the number of years
In this case, Binal Patel invested $6000 at an annual interest rate of 4% (or 0.04) compounded semiannually. Since interest is compounded semiannually, n = 2. The investment is held for 10 years, so t = 10.
Using the formula, we can calculate:
A = 6000(1 + 0.04/2)^(2*10)
≈ 6000(1.02)^20
≈ 6000(1.485947)
≈ 8,914.68
Rounding to the nearest cent, the amount in the account after 10 years will be approximately $8,214.69.
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Economies of scale are an example of marginal-cost pricing. a
government-created barrier to entry. a natural barrier to entry. market consumer surplus. social efficiency
Answers
Economies of scale are an example of a natural barrier to entry. Option c is answer.
Economies of scale refer to the cost advantages that companies can achieve by increasing their level of production. As a company produces more, it can spread its fixed costs over a larger number of units, leading to a lower average cost per unit. This can make it difficult for new companies to enter the market, as they may not be able to achieve the same economies of scale as existing companies.
Unlike government-created barriers to entry, which are intentionally created to limit competition, and marginal-cost pricing, which involves setting prices equal to marginal costs, economies of scale arise naturally from the production process. They can limit competition and reduce consumer surplus, which can have implications for social efficiency.
Option c is answer.
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Tucker works for a retail distributor company that was recently started. Tucker already invested a lot of his earnings into shares of the company. When the quarterly earnings are posted, Tucker receives a check for 8% of the quarterly profit of the company. Tucker belongs to a _________ Corporation.
A. Professional
B. Closely-Held
C. Sub chapter S
Answers
what best describes the role of government in a free enterprise system?
Answers
Answer:
Allow individuals to operate their businesses in ways they think will maximize their profits.
Explanation:
a good entrepreneur needs to possess animal instincts. do you agree with this statement? yes or no
Answers
Answer:
no . I don't agree a good entrepreneur need to posses a animal because every bussiness isn't pet bussiness
yes, a good entrepreneur needs to possess animal instincts.
Who is entrepreneur?An entrepreneur is a person who starts business and is willing to bear all risk involved in business to gain profit. an entrepreneur runs business of its own and is considered as owner and employee both.
An entrepreneur bears all financial and other risks in order increase profit and grow its business. an entrepreneur is an individual who possess an unique idea and convert the same idea into business.
What is animal instincts?An animal's capacity to carry out an action the first time it is exposed to the particular environment is known as an instinct. various animals are said to possess survival instinct, migratory instinct, herding instinct etc. animal instincts are behaviors that are present in them from birth.
Animal instincts that a entrepreneur needs to possess to be successful in long term are :
While chasing the assignment, charge like a lion and give it your all. Half a job is not half a job, and neither is half a kill.Be brave : Be cautious but unafraid. Despite the fact that danger exists, choosing to be afraid is a choice Because fear weakens you, attackers can detect it.Bear strategy : understanding how you can accumulate your resources, and slow energy usage before getting hit by crisis, is crucial to surviving.seagull strategy: moving away from hostile environment to avoid threat to survive.shark strategy: continuously looking for an opportunities and threats at same time developing stamina to fight back competitors.Hence, an entrepreneur should have animal instincts to survive, grow and to manage different phases of business.
Supportive answer
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make me laugh and ill give you brainly along with 15 points
remember\(\left[\begin{array}{ccc}180&260&life\\make&me&laugh\\level&hard&because im tierdnit will be hard good luck\end{array}\right]\)
Answers
Answer:
Whats a lawyers favorite suit...
A lawsuit
Explanation:
Summarize the main findings of the article, "ch5 pollution and income, i.e. Vollebergh et al. (2009)" posted below. Is pollution a normal good (or inferior good) before income hits the certain threshold and an inferior good (or normal good) after? Explain. ch5 Pollution and income.pdf
Answers
In summary, the article suggests that pollution is an inferior good before a certain income threshold, and a normal good after surpassing that threshold. This relationship demonstrates how income influences individual choices and consumption patterns, impacting pollution levels.
The article "ch5 pollution and income, i.e. Vollebergh et al. (2009)" explores the relationship between pollution and income.
The main findings of the article suggest that pollution behaves as an inferior good before income reaches a certain threshold, and as a normal good after that threshold is surpassed.
Before the income threshold, when individuals have lower income levels, they tend to consume goods that are more polluting.
This is because they prioritize affordability over environmental concerns.
In this context, pollution is considered an inferior good, as demand for it decreases as income rises.
However, once income surpasses the threshold, individuals are more financially capable of choosing cleaner alternatives and investing in environmentally friendly goods.
Pollution then becomes a normal good, as demand for it increases with higher income levels.
For example, before reaching the income threshold, individuals may opt for cheaper, fuel-inefficient .
But after surpassing the threshold, they may choose to purchase electric or hybrid vehicles, which are more expensive but environmentally friendly.
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Item 2
Which of the following is NOT an example of a servant?
A graphic designer in a marketing firm
A manager in a paint store
A chef in a restaurant
A real estate broker who is hired to sell land
Answers
A real estate broker hired to sell land does not correspond to an example of a servant, who is a professional assigned to perform functions for the employer.
What are the functions of a broker?They are licensed professionals who have the essential training requirements to provide real estate service, and can work independently or with the hiring of other professionals for the job.
Therefore, the real estate broker is a professional capable of working independently, but must be licensed and comply with the code of ethics of the National Association of Realtors.
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Notices provide a cheap way of communicating the same information to a large number of people but they may not be read, or may be ignored. True or false ?
Answers
Answer:
True
Explanation:
Notices can be regarded as a form of
formal communication to pass information to particular person as well as group of people. This could be inform of invitation to attend a meeting, legal notice from court, announcement of a particular event,
To transform information into ________, a firm must expend additional resources to discover patterns, rules, and contexts
Answers
To transform information into knowledge, a firm must expend additional resources to discover patterns, rules, and contexts.
An organized collection of people, processes, software program, databases, and devices used to create, shop, percentage, and use the business enterprise's knowledge and experience.
There are three main forms of knowledge management systems that aid you in enterprise understanding sharing and dealing with. they're information work systems, clever strategies, and enterprise-wide understanding of control systems.
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What percentage of sales revenue goes to the cost of sales for the XYZ company? XYZ offers salary plus commission and bonuses for sales personnel who reach their sales quotas. It has eight salespeople, each earning a base salary of $45,000 plus a 2-percent commission on sales. Sales were $3 million, and bonuses totaled $30,000 for the year.
Answers
The sales revenue would be gotten as 15 percent
How to solve for the sales revenueTo find the percentage of sales revenue that goes to the cost of sales for the XYZ company, we need to calculate the total cost of sales, which would include the cost of goods sold as well as any other direct costs associated with generating the sales, such as commissions paid to salespeople.
In this case, the cost of sales would be:
$45,000 (base salary for each salesperson) x 8 (number of salespeople) = $360,000 (total base salary for sales team)
$3,000,000 (total sales) x 2% (commission rate) = $60,000 (total commission paid to sales team)
$360,000 + $60,000 + $30,000 (bonuses) = $450,000 (total cost of sales)
To find the percentage of sales revenue that goes to the cost of sales, we divide the total cost of sales by the total sales revenue and multiply by 100:
$450,000 / $3,000,000 x 100 = 15%
So, the percentage of sales revenue that goes to the cost of sales for XYZ company is 15%.
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In case of receiving a request from a customer for more time to settle an account, what ways might you reply to it?
Answers
Answer:
The answer is below
Explanation:
In case of receiving a request from a customer for more time to settle an account, the ways I might reply to it are:
1. Ask for negotiation concerning the actual timing with the customer, and reach a minimum date to pay as much as possible.
2. Stay polite, calm, and professional during the negotiation.
3. Put the new agreement in writing and let the customer be aware of the implication in case of default.
4. Ensure the agreement includes modes and methods of payment
5. Do more background checks on the customer concerning his credit history.
HEEELLLLPPPP!!!!!!!!!!!!!!!!!!!!!
Answers
Answer:
W-2, 1099, 1040, I-9, W-4
Explanation:
HELPPPKDDKKD
Question 5 of 10
Creating barriers to trade can lead to which problem?
A. Consumers will be more likely to buy luxury goods in foreign
markets
O B. Domestic businesses will face more competition from foreign
companies.
C. The country will become overly reliant on foreign countries.
OD. Other countries will retaliate by creating their own barriers to trade.
Answers
Creating barriers to trade can lead to Other countries will retaliate by creating their own barriers to trade problem.
What are the reasons of trade barriers?Governments erect trade barriers to control foreign trade and safeguard domestic industries. Implementing trade barriers is done for a variety of reasons, including: 1. Protecting domestic industries: To shield their domestic industries from foreign competition, governments may impose trade barriers. Subsidies, quotas, or tariffs can all be used to achieve this. 2. National security: Trade restrictions may be put in place for the protection of the nation, such as by limiting the export of materials or sensitive technology that could be used for military purposes. 3. Environmental issues: To protect the environment, governments may impose trade restrictions on imports of products that do not adhere to certain environmental standards. 4. Anti-dumping measures: To stop businesses from flooding the market with their products at below-market prices, governments may impose tariffs or quotas.
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What are some of the tests that need to be conducted before putting up a business?
Answers
Explanation:
The product life cycle can be a tool used by companies to adapt their strategies from the stage of product development to its decline in the market and thus increase the chances of being well positioned and competitive in the market.
In the initial phase of development, this is where the project and ideas are aligned and research is carried out on business feasibility, planning, dissemination, potential audience, budget, etc.
what is the purpose of creating a prototype?
Answers
Answer:
Prototypes provide a way to see how a possible product, idea, design, etc., would function in natural environments (not in the lab/workshop), but in the real world. They also can let designers, and those building it see if there are anything that needs to be changed or altered.
Explain effective demand in your
own words
Answers
Explanation:
Effective demand refers to a situation in which equilibrium output is determined solely by the level of aggregate demand. This is because of the assumption that supply is perfectly elastic. If there exists any difference between AD and AS, the equilibrium output will be determined only by AD.
what is the income flow associated with labour?
Answers
Answer:
Explanation:
Factor income is the flow of income that is derived from the factors of production ,the general inputs required to produce goods and services. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.
Instead of only generating more electricity, rising energy demands may also be met by ________.switching from natural gas to coalswitching from coal and natural gas to windmills and solar technologiesincreasing the efficiency of energy consumptionusing more nuclear power instead of fossil fuelsbuilding more coal-burning power plants
Answers
The most environmentally friendly and sustainable option to meet rising energy demands is switching from coal and natural gas to windmills and solar technologies. Option B is correct.
To meet the rising energy demands while minimizing environmental impact, the most sustainable and responsible approach is to transition from coal and natural gas to windmills and solar technologies. These renewable energy sources have a lower carbon footprint, reduce greenhouse gas emissions, and do not deplete limited natural resources.
Investing in the development and implementation of wind and solar power technologies not only helps address increasing energy demands, but also contributes to a cleaner, greener, and more sustainable future for our planet.
Therefore, option B is correct.
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In theory, what conditions must exist to have pure competition among businesses in the same
industry? Select ALL that apply.
A. Businesses have the freedom to enter or leave the industry.
B. Businesses make and sell identical products that require no advertising.
C. Government intervention ensures that businesses in the industry stay competitive.
D. Large numbers of buyers and sellers ensure that no single group can affect product price.
Answers
Answer:
A. B. D.
Explanation:
the answer is the three letters above