The Ranking Method form of job-evaluation involves the evaluation committee putting together a hierarchy of job descriptions from highest to lowest based on an overall judgment of value
It involves comparing jobs in an organization and ordering them based on their relative importance or value to the organization. The evaluation committee assesses the job descriptions, considering various factors such as skills, responsibilities, knowledge, and experience required for each job. They then make a subjective judgment and assign a rank to each job, creating a hierarchy from highest to lowest.
This method provides a broad overview of job worth and is often used in small organizations or when there is a limited number of jobs to evaluate. It allows for a quick and intuitive assessment of job values without getting into detailed quantitative analysis.
However, the Ranking Method has certain limitations. It lacks a standardized and systematic approach, relying heavily on the judgment of the evaluation committee. Subjectivity and personal biases may influence the rankings, leading to inconsistencies.
Additionally, it does not provide a clear and quantifiable measure of job differences, making it challenging to use for determining compensation differentials or establishing internal equity.
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If the expected rate of inflation is 3 percent and the bank charges 5 percent interest for a loan, which of the following is true?
The real interest rate is 8 percent. The nominal interest rate is 3 percent. The real interest rate is 2 percent. The bank will benefit if actual inflation is higher than 3 percent. The bank is not benefiting from any loan with those figures.
Answer:
C) The real interest rate is 2 percent.
The real interest rate is 2 percent.
To calculate the real interest rate, you subtract the expected inflation rate from the nominal interest rate, which is the bank's interest rate for a loan. In this case, the nominal interest rate is 5 percent, and the expected inflation rate is 3 percent.
Therefore, the real interest rate is 5 percent - 3 percent = 2 percent. The real interest rate reflects the true cost of borrowing money, accounting for the erosion of purchasing power due to inflation.
If the actual inflation rate is higher than the expected inflation rate, the bank may benefit since the real interest rate would be lower than anticipated, meaning borrowers would be paying back money that has lost more value than initially expected.
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Amy Medavoy will invest $8,780 a year for 20 years in a fund that will earn 10% annual interest. If the first payment into the fund occurs today, what amount will be in the fund in 20 years? If the first payment occurs at year-end, what amount will be in the fund in 20 years? (Round factor values to 5 decimal places final answers to 0 decimal places.)
If the first payment occurs today, the amount in the fund in 20 years will be approximately $556,414. If the first payment occurs at year-end, the amount in the fund in 20 years will be approximately $504,013.
1. If the first payment occurs today (immediate annuity):
We'll use the future value of an annuity due formula: \(FV = P * [((1 + r)^t - 1) / r] * (1 + r)\)
Where:
FV = future value
P = payment amount ($8,780)
r = annual interest rate (10% or 0.1)
t = number of years (20)
\(FV = 8780 * [((1 + 0.1)^{20} - 1) / 0.1] * (1 + 0.1)\\FV = 8780 * [((1.1)^{20} - 1) / 0.1] * 1.1\\FV = 8780 * [57.30854] * 1.1\\FV = 556414.3880\)
So, if the first payment occurs today, the amount in the fund in 20 years will be approximately $556,414.
2. If the first payment occurs at year-end (ordinary annuity):
We'll use the future value of an ordinary annuity formula: \(FV = P * [((1 + r)^t - 1) / r]\)
\(FV = 8780 * [((1 + 0.1)^{20} - 1) / 0.1]\\FV =8780 * [57.30854]\\FV =504013.0820\)
So, if the first payment occurs at year-end, the amount in the fund in 20 years will be approximately $504,013.
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According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.
Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.
What do economists think of the federal expenditure?They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.
This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.
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What is the interest owed on a loan of $100 at 10% for 3 months?
Answer:
$2.50
Explanation:
The information is somewhat incomplete. It does not state whether simple or compound interest which could make a difference
I am assuming simple interest
The formula for simple interest is
I = Prt
where I is interest
P is amount of loan
r is annual rate of interest expressed as a decimal
t = number of years
We are given
P = $100
r = 10$ = 10/100 = 0.10
t = 3 months = 3/12 year = 1/4 th of a year
I = 100 x 0.10 x 1/4 = $2.50
List five steps of the budget process
Answer:
1)The President submits a budget request to Congress
2)The House and Senate pass budget resolutions
3)House and Senate Appropriations subcommittees "markup" appropriations bills
4)The House and Senate vote on appropriations bills and reconcile differences
5)The President signs each appropriations bill and the budget becomes law
Explanation:
I put the five federal budget process steps. Hope this helps :)
Question 28
Which of the following statements is false for firms in monopolistic competition?
Firms face no barriers to enter the market.
O The long-run economic profits are zero.
O Firm sell identical products.
Firms are price-makers and thus have market power.
The false statement for firms in monopolistic competition is option c) "Firms sell identical products." So, correct option is c.
In monopolistic competition, firms differentiate their products to some degree, which means they offer similar but not identical products. This product differentiation allows firms to create a perceived uniqueness or brand image for their products, enabling them to differentiate themselves from competitors and potentially capture a larger market share.
Option a) is true because firms in monopolistic competition generally face few barriers to enter the market. There is relatively easy entry and exit, as compared to monopolies or oligopolies.
Option b) is true because in the long run, firms in monopolistic competition tend to have zero economic profits. This occurs because if a firm is earning positive economic profits in the short run, it attracts new firms to enter the market, increasing competition and reducing profits until they reach zero in the long run.
Option d) is true because firms in monopolistic competition have some degree of market power. They have the ability to set prices for their differentiated products to a certain extent, although their market power is limited by the presence of other competing firms offering similar products.
In summary, the false statement is that firms in monopolistic competition sell identical products.
So, correct option is c.
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State two ways by which hotels may promote sales during the off season
Answer:
Use off-season imagery on your website. ...Create content dedicated to the off-season. ...Build content around weddings, meetings, sporting events. ...Update your ad copy with off-season friendly verbiage. ...Create campaigns that market off-season amenities...Explanation:
Hope it helps u
FOLLOW MY ACCOUNT PLS PLSHelp me with this one two , still not sure what to do here
Answer:
NEED CORRECT IN FORMATION BECAUS NOT EASY TO SOLVE
Explanation:
Along an aggregate supply curve, if the level of output is less than the natural level of output, then the price level is: a. greater than the expected price level. b. less than the expected price level. c. equal to the natural price level. d. stuck at the existing price level.
Along an aggregate supply curve, if the level of output is less than the natural level of output, then the price level is: Less than the expected price level.
What is Natural Level of Output?The term natural level of output is a macroeconomic concept that occurs in an economy when there is a full and efficient utilization of all available resources. It is also known as the full employment level.
What is Aggregate Supply Curve ?The aggregate supply curve is an economic graph that indicates how many goods and services an economy’s firms are willing and able to produce in a given period.
The Aggregate Supply Curve is the sum of all the supply curves for individual goods and services. Therefore, as the individual Aggregate Supply Curve, it represents a direct relationship between the price and the quantity supplied.
In the long-term, the Aggregate Supply Curve is perfectly vertical because it represents an economy’s potential output with full employment of an economy’s resources. In the short-term, the Aggregate Supply Curve is upward sloping because as the prices increase, and so do the costs. The Aggregate Supply Curve is shifts when a change in supply, working capital, natural resources, or occurs.
Therefore, we can conclude The correct option is B. Less than the expected price level.
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Okay, how many weeks would you have to work to pay for Gary’s $1200 mistake?
Answer:
i thinks its 1 year huhuhuh
This is for my NJROTC class! Pls help!
Answer: Option 1
Explanation:
Answer:
option1
Explanation:
Sunland Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $45000 Variable selling and administrative costs $20000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 30% Planned production and sales 5000 pairs What is the total cost per pair of shoes
Sunland Company is a shoe manufacturer that has gathered information regarding one particular model of shoe. The company has determined that the variable manufacturing costs of producing this shoe are $45,000, while variable selling and administrative costs amount to $20,000. Additionally, Sunland Company has identified that the fixed manufacturing costs associated with this model of shoe are $160,000, with fixed selling and administrative costs amounting to $120,000. The company has also invested $1,700,000 in this model of shoe and is targeting a 30% ROI. Sunland Company has planned to produce and sell 5,000 pairs of this shoe. Given this information, we can calculate the total cost per pair of shoes.
To calculate the total cost per pair of shoes, we need to add up the total manufacturing costs and total selling and administrative costs, and divide the sum by the planned production and sales. The total manufacturing costs include both variable and fixed costs, which amounts to $205,000 ($45,000 + $160,000). The total selling and administrative costs include both variable and fixed costs, which amounts to $140,000 ($20,000 + $120,000). Therefore, the total cost per pair of shoes is $69 ($345,000 ÷ 5,000 pairs).
In conclusion, by considering the variable and fixed manufacturing costs, along with variable and fixed selling and administrative costs, Sunland Company can determine the total cost per pair of shoes. This information is essential for setting the selling price of the shoes, and it ensures that the company can achieve its target ROI.
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Compares actual results with budget.
a. Performance report
b. Variance
c. Sensitivity analysis
d. Dynamic analysis
a. Performance report is the correct answer.This can aid in making informed decisions and implementing effective procedures.
What is a performance report?
Performance reports compare the actual results of an organization to its planned goals, and the data can be used to make strategic decisions. It's one of the most widely used control methods. Performance reports have the following characteristics:Frequency: Performance reports are generated on a regular basis by firms. Monthly, quarterly, and yearly reports are common types. They aid in keeping track of an organization's operations in real-time and making informed decisions.Timeliness: Performance reports must be created on a regular basis, as previously stated. They must be created in a timely manner in order to be useful. In addition, time is a critical component of the study when comparing actual results to planned goals.Presenting the findings: Performance reports present the findings in a clear and concise manner that is easy to comprehend. Tables, diagrams, and graphics are commonly used in the report. It's essential to present data in a format that's simple to comprehend and to reduce clutter.Analysis: Performance reports must provide an analysis of the findings. The variance, which is the difference between actual and planned goals, must be analysed. It aids in determining the causes of differences between actual and planned results.
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which microbes is used to extract ethanol from fruit juice and sugar molasses ·
Answer:
Yeast
Explanation:
A microbe (microorganism) is a microscopic organism which either exist in its single-celled form or as colony of cells. Example of microbes are bacteria, archaea, algae, protozoa.
Yeast is a microbe used in the extraction of ethanol from fruit juices and sugar molasses. Saccharomyces cerevisiae is a specie of yeast which reacts with fruit juices and sugar molasses in the absence of Oxygen to produce ethanol and carbon dioxide.
When does the automatic 60-day extension period for qualified taxpayers impacted by federally declared disasters begin?.
The automatic 60-day extension period for qualified taxpayers is generally impacted on the earliest date of the declaration given by the disaster declarations.
What are the Qualified Taxpayers?A Qualified taxpayer who has decided to accept at least $50,000,000.00 in eligible capital investments, of which $25,000,000.00 must be made before the issuing of a certificate underneath this provision, and to generate at least half a million qualified new jobs are considered a qualified taxpayer.
Qualified Taxpayers can be broadly divided into two groups: individuals and corporations. Individuals - Taxpayers who must pay taxes on their income fall under this category. Corporations: These taxpayers are made to pay taxes on the profits they made from their business operations the previous year.
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Q Use the drop-down menus to identify which vocabulary terms match the definitions.
1) (Short-term/ long-term ) goals are goals that a person means to accomplish in the near
future, such as in a day, a week, or a month.
2) (Short-term/ long-term ) goals are goals that a person means to accomplish in a longer period of time, such as in a semester, a year, or ten years.
3) Setting a (professional goal/personal goal ) involves determining something in your career that you would like to achieve, such as a promotion, within a set timeframe.
Answer:
1) → Short-term goals are goals that a person means to accomplish in the near future, such as in a day, a week, or a month.
2) → long-term goals are goals that a person means to accomplish in the near
future, such as in a day, a week, or a month.
3) → Setting a professional goal involves determining something in your career that you would like to achieve, such as a promotion, within a set timeframe.
OAmalOHopeO
Short-term
long-term
professional goal
What do interior designers use CAD to do? Select one task that an interior designer could use CAD for and compare it to how that task could have been done prior to the invention of CAD.
The majority of designers will utilize AutoCAD to produce floor plans and room mockups for both commercial and residential structures.
The majority will begin with a 2D layout as they collaborate with a customer to plan the overall positioning of important furniture or fixtures. The ability to transform 2D floor plans to 3D with the Room Builder feature is one of the best aspects of software like AutoCAD 2010 for interior designers and space planning, making it simple to show clients exactly how their finished room will look. Although not the only tool used by interior designers for planning, AutoCAD is unquestionably the industry standard. Do you want to know how much money you can make working with interior designers in AutoCAD? The extent of your abilities will determine that, but being able to create striking room designs within the programme will undoubtedly help you to stand out.
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What are the three dimensions along which executives formulate corporate strategy?
The three dimensions that executives take into consideration along with corporate strategy are:
degree of vertical integrationgeographic scopetype of diversificationWhat is the geographic scope?A portfolio's investments are mixed together in a wide variety as part of the risk management approach known as diversification. To reduce exposure to any one asset or risk, a diversified portfolio combines a variety of different asset classes and investment vehicles.
This strategy is justified by the idea that a portfolio made up of various asset classes will, on average, produce superior long-term returns and reduce the risk of any given holding or security.
In order for the beneficial performance of some assets to offset the bad performance of others, diversification aims to smooth out unsystematic risk occurrences in a portfolio. The benefits of diversification only apply if the assets in the portfolio are not fully correlated; in other words, if they react to market factors differently, frequently in opposite directions.
Thus, all the above-mentioned are the 3 dimensions taken into consideration along which executives formulate corporate strategy.
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the process of planning, collecting, and analyzing data relevant to a marketing decision is called: select one: a. segmentation b. market analysis c. analytics d. marketing research
Marketing research is the manner of gathering, analyzing, and reporting facts relevant to a unique advertising situation. It can be used to help agencies determine what products or offerings to offer, how much to cost for them, and the place to promote them.
What is the procedure of planning gathering and inspecting data?Marketing research. is the procedure of planning collecting, and examining information relevant to a marketing decision. the results of this evaluation are then communicated to management. Marketing lookup gives choice makers with facts on the effectiveness of the present day advertising combine and insights for fundamental changes.
It's referred to as advertising research. Marketing research is the method of collecting, analyzing, and reporting advertising statistics that can be used to answer questions or solve problems so as to improve a company's backside line. Marketing research includes a wide vary of activities.
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https://brainly.com/question/24906199#SPJ1Conciliation differs from arbitration in that:________.
a. the conciliator is a neutral third party.
b. the conciliator's goal is to provide a solution to the dispute.
c. the conciliator's solution is legally binding on both the union and management.
d. the conciliator is a member of the union or of management.
e. the conciliator has no formal power over union representatives or management.
Answer:
I think answer is a.the concilliator is a neutral third party
Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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Calculate the operational cost xyz : Installed data 7) N/. Capital r/ Rate (U) Ranning (u) اره cost electricity generation, and plant use Sactor power plant having following 300 MW capacity of plant 91000 Crove) tion cost = 12 % 6 load factor interes T and 6 cont (juelt taxation) = 60%
The operational cost of a power plant is a critical factor to consider when deciding whether to invest in the power plant or not. The operational cost of a power plant comprises of installation, running, and electricity generation costs. The following is a calculation of the operational cost of the XYZ power plant.
Maintenance cost is the cost of maintaining the power plant, and repair cost is the cost of repairing the power plant. Assuming that the running cost of the XYZ power plant is 0.25 crore per MW, then:
Running cost = (Fuel cost + Labor cost + Maintenance cost + Repair cost) * (300 * 0.6)
Electricity Generation Cost The electricity generation cost refers to the cost of generating one unit of electricity. The formula for calculating the electricity generation cost of a power plant is as follows:
Electricity generation cost = (Running cost + Interest + Depreciation + Taxation) / (Capacity of the plant * Load factor * 365 * 24)
A Total operational cost = Capital cost + (Electricity generation cost * Units generated)
Units generated = Capacity of the plant * Load factor * 365 * 24 * Power factor
Assuming that the power factor of the XYZ power plant is 0.9, then: Units generated = 300 * 0.6 * 365 * 24 * 0.9
Units generated = 1,576,640,000 units
Total operational cost = 1050 + (1.63 * 1,576,640,000)
Total operational cost = 2571.88 crore
Therefore, the operational cost of the XYZ power plant is 2571.88 crore.
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Murphy company incurs a loss from changing a pension related assumption. this loss is:________
When Murphy Company modifies a pension-related assumption, a loss is incurred; this loss is reported as other comprehensive income.
Murphy USA, Inc. is a fuel and convenience store retailer with headquarters in the United States. The majority of the stores are next to Walmart stores and are 90% company-owned and controlled. Additionally, the business has wholesale and product supply assets like product distribution terminals and pipelines.
The total amount of profits and losses that are not accounted for in retained earnings is known as accumulated other comprehensive income (loss). For the three months ended in June 2022, Murphy Oil's total other comprehensive income (loss) was $-555 million.
The accumulated other comprehensive income (loss) for Murphy Oil for the three months ended in March 2022 was $506 million, down from Dec. 2021's $528 million.
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Bart's Inc. operates retail stores in various cities. Segmented income statements are prepared for each store and for each product line in each store. The property tax for the store is a(n)____fixed cost for the store, and a(n)_____fixed cost for each product line sold in the:______.
The words that complete the statement on Segmented income are
Traceable common StoreSegmented Income StatementWith Bart's Inc. being the company in question, A segmented income provides information by breaking down revenues and expenses by business unit, like in our case the various product lines product line
Therefore The property tax for the store is a(n) Traceable fixed cost for the store, and a(n) common fixed cost for each product line sold in the Store
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For which goods is the cross-price elasticity of demand MOST likely a large positive number?a) baseballs and baseball batsb) movie downloads and orange juicec) French fries and onion ringsd) all of the above because the cross-price elasticity is a positive number
(a) baseballs and baseball bats. The cross-price elasticity of demand measures the responsiveness of demand for one good to changes in the price of another good.
In the case of baseballs and baseball bats, they are complementary goods, meaning that they are typically consumed together. As a result, if the price of baseball bats increases, it is likely that the demand for baseballs will decrease as well. This leads to a large positive cross-price elasticity of demand between baseballs and baseball bats. The other options (b) movie downloads and orange juice, and (c) French fries and onion rings, are not likely to have as large of a cross-price elasticity of demand as they are not typically consumed together or do not have as strong of a complementary relationship. Option (d) is incorrect as not all options have a large positive cross-price elasticity of demand.
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please help!
PRO and CONS Hotel?
Pros and cons of staying in a hotel:
Pros:
cleanliness
laundry services
close to your desired destination(s)
room service
excellent room security
Cons:
expensive
breakfast food is rarely good
have to order or go to a restaurant for food
rooms are often very small
you will often feel cooped up
can get quite crowded
It's better to stay at an Airbnb
This paragraph consists of simple sentences:
The company’s research team traveled to Japan last winter. The group wanted to study ancient techniques for preserving documents. The research team had heard a lot about Osaka silk films. The team members visited many places. They found some good examples of wax-coated scrolls. The scrolls were in a library in Osaka. They did not come across any of those traditional silk films.The team members came back to Chicago. They were disappointed. The research team had nothing to show for their efforts.
Revise the paragraph in the space below to vary the syntax.
Answer: Last winter, the company’s research team members visited Japan. They were eager to explore ancient Japanese techniques for preserving documents. After visiting many places, the team found some fine examples of wax-coated scrolls in a library in Osaka. However, they couldn’t find the famous silk films that they wanted to see. Disappointed, they returned to Chicago .
The given the sentence was the converted the simple sentence was the company as the visited into the Japan as the share the experiences to the last winter.
What is sentences?The term sentence is to define the proper meaning of, to clarify. The sentence is the completeness of to clarify the proper meaning. The grammatical arranged to the represent are the writing style. The language was to convey to the thoughts, ideas, and the share the preferences.
Members of the company's research team traveled to Japan last winter. They were keen to learn about old Japanese document preservation procedures. After investigating numerous locations, the crew discovered some beautiful examples of putty scrolls in an Osaka library. However, they were unable to locate the famed silk films that they desired to see. They returned to Chicago, dissatisfied.
As a result, the given the sentence was the converted the simple sentence was the company as the visited into the Japan as the share the experiences to the last winter.
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As Lululemon is traditionally a yoga apparel company and Lululemon educators are viewed as educators, performance of yoga poses are included in the selection process. This is an example of
a. Reference checking
b. Application
c. Training
d. Recruitment
e. Testing
The process of checking for the performance of yoga poses by Lululemon is known as e. Testing.
What is testing?This is a process by which a prospective employer checks to make sure that a prospective employee can do the job.
In checking the yoga poses of people they want to hire, Lululemon is testing to see if the person can be a good educator that would represent the company well.
In conclusion, option E is correct.
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Robby is considering taking out a cash advance on his credit card to purchase a new television. His credit card offers cash advances up to $500. 00 at an interest rate of 28%. If the television costs $350. 00 and Robby plans to pay the balance of in 6 months, how much extra will he pay in interest to purchase the television? a. $29. 14 b. $63. 18 c. $174. 48 d. $379. 8.
A credit card is a payment card allocated by a bank enabling the holder to buy goods or services or accrued on the card. It facilitates consumer and retail business trades, including investments and currency advances.
He needs to pay $29.14 extra in interest to purchase a television.
How to calculate the extra amount?Given,
Credit card advances up to = $500Interest rate (i) = 28%Cost of the television (P) = $350. 00Now calculate the monthly payment:
\(\begin{aligned}\text{Monthly payment}(m)&= \dfrac{P \times i}{ 1-(1+i)-n}\\\\ m &= 350 \times \dfrac{\dfrac{0.28}{12}}{1-(1+\dfrac{0.28}{12})-6}\\\\&= 63.188\end{aligned}\)
If he pays $63.188 per month then for six months he will pay,
\(\begin{aligned}&= \$63.188 \times 6\\\\&= \$379.132\end{aligned}\)
The cost of the TV was $350 hence, the extra amount he paid,
\(\begin{aligned}&= \$379.132 - \$350\\\\&=\$ 29.14\end{aligned}\)
Therefore, option a is correct.
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Sort the following market structures by the price expected in each from lowest price to highest price. Market Structures (3 items) Expected Price Drag and drop into the appropriate arca) Lowest Price competitive market 1 thuopoly monopoly 2. 3
In a competitive market, there are numerous buyers and sellers, and each seller offers a slightly different product. As a result, prices in a competitive market tend to be low due to the high level of competition. Therefore, the competitive market should be ranked as having the lowest expected price of the three market structures provided.
A monopoly is the opposite of a competitive market. In a monopoly, there is only one seller who controls the entire market. As a result, they have the power to set their own prices, which tend to be much higher than those in a competitive market. Therefore, the monopoly should be ranked as having the highest expected price of the three market structures provided. A duopoly is a market in which there are only two sellers. Prices in a duopoly tend to be higher than those in a competitive market but lower than those in a monopoly. The prices are typically higher because the two sellers have less competition than they would in a competitive market. However, the prices are lower than in a monopoly because there is still some competition. Therefore, the duopoly should be ranked as having the middle expected price of the three market structures provided.
In conclusion, the expected prices in the market structures from lowest to highest are a competitive market, duopoly, and monopoly.
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