The level of competition least beneficial to business owners is

oligopoly.

monopoly.

pure competition.

monopolistic competition.

an example of horizontal consolidation is when a bank

acquires a company that produces vaults.

purchases a share of the u. s. treasury.

divides into two new banks.

combines with another bank.

monopolistic competition is a market structure that has

few competitive firms with the same products.

many sellers with differentiated products.

a perfectly elastic demand curve.

one seller.

the level of competition most beneficial to consumers is

oligopoly.

monopoly.

pure competition.

monopolistic competition.

in a specific industry, two dominant firms work together to set prices. we call this

competition.

collusion.

market dominance.

market influence.

a firm's purpose in nonprice competition is to

produce at the lowest cost possible.

encourage other firms to cooperate in setting prices.

establish extensive control of their particular market.

distinguish their products from those of other companies."

The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)

Kando company incurs a $9 per unit cost for product a, which it currently manufactures and sells for $13.50 per unit. instead of manufacturing and selling this product, the company can purchase product b for $5 per unit and sell it for $12 per unit. if it does so, unit sales would remain unchanged and $5 of the $9 per unit costs assigned to product a would be eliminated. 1. prepare incremental cost analysis. should the company continue to manufacture product a or purchase product b for resale? (round your answers to 2 decimal places.)

List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.