Nori is a firm that sells products in an industry with a very high concentration of sellers. Nori's production decisions must consider its competitors' possible production decisions. In which market must Nori operate? (2 points)

	Perfect market
	Monopoly market
	Oligopoly market
	Monopsony market
	Monopolistic competition

3. Nortell Enterprises is forecasting EPS as $4.00 per share for next year. The firm has 10,000 shares outstanding, it pays 12% interest on its debt, and tax rate is 40%. Estimated fixed costs $90,000 and variable costs are 40% of revenue. Total assets are $500,000 and capital structure is 40% debt 60% equity. What should be the sales level for EPS to be equal to above forecast of $4? Cost of carrying accounts receivables= ACP X Daily sales X (CGS)/sales X r