Thinking about market structure... a) For each of the following explain the degree of market power the seller has, and whether the market power is due to limited competitors, product differentiation, or both.
i) The Toyota Corolla, the best selling passenger vehicle in the world in 2017.
ii) Heartland Mills, a grower of wheat in Wichita County, Kansas.
iii) Archer Daniels Midland (ADM), the largest producer of Lysine, a standardized amino acid used by farmers as a feed additive. ADM competes with a few large corporations in Europe and Japan.
iv) McDonald's, the most popular fast food restaurant in the United States.
b) For each of the following state whether the market is most accurately described as perfectly competitive, monopoly, oligopoly, or monopolistic competition, and briefly explain your answer.
i) Seattle City Light, the sole supplier of electricity to the Seattle metro area.
ii) The aircraft manufacturing industry.
iii) The dry cleaning industry. The market for smart phones. The hotel industry.

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?

Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.