1. Describe a natural monopoly and use a graph to support your answer.


2 Describe the main characteristics of a monopolistically competitive market.

Answers

Answer 1

Answer:

i think Monopoly Market Characteristics

Explanation:

i think The characteristics of monopoly include: (1) one firm, (2) one product, and (3) no entry (Table 5.1). The monopoly solution is shown in Figure 5.2. Note that long-run profits can exist for a monopoly, since barriers to entry halt any potential entrants from joining the industry.


Related Questions

You are considering buying stock A. If the economy grows rapidly, you may earn 35 percent on the investment, while a declining economy could result in a 10 percent loss. Slow economic growth may generate a return of 3 percent. If the probability is 14 percent for rapid growth, 17 percent for a declining economy, and 69 percent for slow growth, what is the expected return on this investment

Answers

Answer:

A x 0.03 =  R

Explanation:

Replace the variable A i use for the cost of the stock

R = Return

A x 0.03 =  R

Due to slow growth being expected (69% probability), then you use the 3% for slow, and therefore do the price of Stock A x 0.03 to find out the gain from the start.

Zang Company had no office supplies on hand at the beginning of the year. During the year, the company purchased $250 worth of office supplies. At the end of the year, $50 worth of office supplies were on hand. How much should Zang Company report as office supplies expense for the year

Answers

Answer:

Hdhdi

Explanation:

Which part of the Business Cycle would this graph represent?

Answers

bust is the correct answer

Why is competition limited in an oligopoly

Answers

Answer:

High entry costs prevent new producers from entering the market. ... Producers actively segment the market to avoid competition. High entry costs prevent new producers from entering the market.

Explanation:

Hope this helps:)

~Kisame'sAbs

The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2020, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund. Debits Credits Accounts payable $ 100,000 Accounts receivable $ 25,000 Accrued interest payable 28,000 Accumulated depreciation 45,000 Administrative and selling expenses 47,000 Allowance for uncollectible accounts 12,000 Capital assets 705,000 Cash 90,000 Charges for sales and services 550,000 Cost of sales and services 492,000 Depreciation expense 45,000 Due from General Fund 17,000 Interest expense 40,000 Interest revenue 4,000 Transfer in from General Fund 115,000 Bank note payable 625,000 Supplies inventory 18,000 Totals $ 1,479,000 $ 1,479,000 Required: a. Prepare the closing entries for December 31. b. Prepare the Statement of Revenues, Expenses, and Changes in Fund Net Position for the year ended December 31. c. Prepare the Net Position section of the December 31 balance sheet. (Assume that the revenue bonds were issued to acquire capital assets and there are no restricted assets.)

Answers

The total net position for Village of Seaside Pines is $10000.

The closing entries for December 31st be:

Debit Charge for Sales and services $550000

Debit Transfer in from General Fund $115000

Debit Non operating revenues $4000

Credit Cost of sales and services $492000

Credit Depreciation expense $45000

Credit Administrative and selling expense $47000

Credit Non operating expense $40000

Credit Net position $45000

The Net Position section of the December 31 balance sheet will be prepared thus:

Capital asset acquired = $705000

Less: Accumulated depreciation = $45000

Less: Revenue bonds = $625000

Net investment in capital = $35000

Therefore, the total net position will be:

= $45000 - $35000

= $10000

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Discuss target market strategies. The target market strategy identifies which market segment or segments to focus on. This process begins with a market opportunity analysis (MOA), which describes and estimates the size and sales potential of market segments that are of interest to the firm. In addition, an assessment of key competitors in these market segments is performed. After the market segments are described, one or more may be targeted by the firm. The three strategies for selecting target markets are appealing to the entire market with one marketing mix, concentrating on one segment, or appealing to multiple market segments using multiple marketing mixes.
You are given the task of deciding the marketing strategy for a transportation company. How do the marketing mix elements change when the target market is (a) low-income workers without personal transportation, (b) corporate international business travelers, or (c) companies with urgent documents or perishable materials to be delivered to customers?

Answers

Answer:

you would determine the best way to ship perishables back and forth with the most financial advantages. you would need to know what purification would sell best to this group of income levels. what the needs for varies products most cost effective and needed that would also call for further purification need. you would want to tap into a reliable overnight delivery carrier that gives the lowest corporate incentives to use

You would figure out the most cost-effective approach to send perishables back and forth. You would need to be aware of the purification that would appeal to this range of income levels the most. What the needs are for various products, the most cost-effective ones, and whether further purification is required. You should select a trustworthy overnight delivery service that offers the fewest corporate incentives to do so.

What is market strategies?

A marketing strategy is a long-term plan for attaining a business' objectives through an understanding of client needs and the development of a distinct and long-lasting competitive advantage. It includes everything, from choosing which channels to utilize to contact your customers to figuring out who they are.

Product, pricing, place, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilized by marketers to accomplish their marketing goals.

Thus, You would figure out the most cost-effective approach to send perishables back and forth.

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Which of the following is not a characteristic of a cafeteria?

A tray is used to collect chosen dishes.
Customers tell servers what they want.
Food is displayed along the serving line.
Amounts are usually "all you care to eat" with no limits.

Answers

Answer:

The last option

Explanation:

In cafeterias you don't get an unlimited amount of what you want. Sometimes you don't even get what you want.

what role do manager's play In the cooperative​

Answers

Answer

organizing, directing, coordinating, and controlling.

Explanation:

The manager is responsible for the overall operation of the cooperative, as delegated by the board, relating to the management functions of planning, organizing, directing, coordinating, and controlling.

I really hope it helped

Leeuwin Brokerage enters into a lease agreement with Bumble Motors to lease an automobile with a fair value of $77,000 under a 5-year lease on December 20, 2018. The lease commences on January 1, 2019, and Leeuwin will return the automobile to Bumble on December 31, 2023. The automobile has an estimated useful life of 7 years. Leeuwin made a lease payment of $10,900 on December 20, 2018. In addition, the lease agreement stipulates annual payments of $10,900, due on January 1 of 2019, 2020, 2021, 2022, and 2023. The implicit rate of the lease is 6% and is known by Leeuwin. There is no purchase option, no lease incentives, no residual value guarantees, and no transfer of ownership. Leewin incurs initial direct costs of $1,100

Requried:
Assuming that this is classified as an operating lease, what is the amount of the lease liability on January 1, 2019 before the lease payment?

Answers

Answer:

Explanation:

$80,273

Fixed-income recipients, savers, and creditors are hurt by unanticipated inflation because inflation ______. Multiple choice question. redistributes real income away from them and toward others reduces the burden of debt is indexed redistributes real income towards them and away from others

Answers

Unanticipated inflation usually hurt the creditors, Fixed-income recipients as well as savers simply because:: inflation redistributes real income away from them and toward others

Unanticipated inflation can be regarded as kind of inflation whereby,  people are not aware that there will be inflation, it caught them unaware until  there is general price level increases.

When this happens, alot of people will be left unprotected, especially those lenders that will be paid back with the same amount they Lent out even though there is a reduction in purchasing power.

Therefore, unanticipated inflation usually caught people unaware.

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Business plan are also called ROAD MAPS; it’s possible to travel without one, but it will only increase the likelihood of getting lost along the way. Explain to correct answer.

Answers

It’s possible to travel without one, but it will only increase the likelihood of unorganisation, procrastination and no plans of what to do

Để hành nghề, thẩm định viên bắt buộc phải có những năng lực tối thiểu về

Answers

Explanation:

here is the answer enjoy and please mark me as brainliest and follow me

The following statement is TRUE about Lean A. Lean will cost a lot of money to introduce in an organization. B. Lean can only be applied in certain types of businesses. C. Just-In-Time is when parts/supplies arrive at the last possible moment. D. Lean is all about cost-cutting and results in much of the workforce getting fired. E. When we remove waste from a process, we are left with value-added activities. This enables us to produce more in less time while actually doing the value-added work slower.

Answers

Lean manufacturing is basically a production method with major aim of reducing times within the system and response times from suppliers or customers.

Some of the advantage of Lean management includes:

It help eliminates wasteIts results to worker Satisfaction. ... Its encourage Just in Time practice Its helps gain competitive advantage

Therefore, Lean management encourages Just-In-Time practice where parts/supplies arrive at the last possible moment, helps to remove waste from a process and enables production of more in less time

In conclusion, Option C, E and F is correct and includes statement that is true about Lean management

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Justin is a new manager with 27 direct reports. He has been feeling overwhelmed at work and just learned that the last three managers who held his position quit after only a few months. Which process theory appears to have been violated in this organization?


Expectancy Theory
Goal Setting Theory
Job Characteristic Theory
All of These

Answers

The process theory that seems to have been violated in this organization is the Job Characteristics Theory, which was created to analyze work outcomes, such as how work characteristics affect job satisfaction.

With the information contained in the question, it is clear that the characteristic that has affected the work of the new manager Justin is that he has felt overloaded at work.

The last three managers who held their position resigned after a few months, probably because they also felt overwhelmed, as there is information that managers deal with 27 direct reports.

Therefore, a strategy to increase job satisfaction would be to redesign the work, which:

Increases productivity.Improves communication.Reduces conflicts.Increases innovation.

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give the advantages of business partnership structures​

Answers

Answer:

Your welcome! Hope you have a nice wonderful day :)

Explanation:

One of the advantages of having a business partner is sharing the labor. Having a partner may not only make you more productive, but it may afford you the ease and flexibility to pursue more business opportunities. It might even eliminate the downside of opportunity costs.

At December 31, Hawke Company reports the following results for its calendar year.

Cash sales $80,000
Credit sales $200,000

In addition, its unadjusted trial balance includes the following items.

Accounts receivable $108,000 debit
Allowance for doubtful accounts $1,100debit

An aging analysis estimates that 5% of year-end accounts receivable are uncollectible.

Required:
Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet.

Answers

U.S. new home sales hit six-month high as the median price stays above $400,000: Sales of new U.S. single-family homes surged to a six-month high in September.New home sales jumped 14.0% to a seasonally adjusted annual rate of 800,000 units last month, the highest level since March, the Commerce Department said. #accelerationism

Managerial accounting is different from financial accounting in that:

a. Managerial accounting is more focused on the organization as a whole, while financial accounting is more focused on projects, processes, and divisions of the organization.
b. Managerial accounting never includes nonmonetary information.
c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.
d. Managerial accounting is used extensively by investors, whereas financial accounting is used only by creditors.
e. Managerial accounting is structured and controlled by GAAP.

Answers

Managerial Accounting is different from Financial Accounting in that c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.

The differences between Managerial Accounting and Financial Accounting do not arise because of Managerial accounting:

Focuses on the organization while financial accounting focuses on projects, etc.Never includes non-monetary information; it includes non-monetary information than financial accountingUsed by investors, while financial accounting is used by creditorsStructured and controlled by GAAP.

Thus, the difference between the two is that Financial accounting is structured and controlled by GAAP and used by investors and creditors.  Managerial accounting is not structured by GAAP and is used by management in decision-making.

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Explain the difference between a public and private company ​

Answers

Answer:

a private company is owned by the company's founders, management, or a group of private investors. A public company is a company that has sold all or a portion of itself to the public via an initial public offering.

Explanation:

Which of the following is an advantage of conducting business in totalitarian nations

Answers

Answer:

INTERNAL COMPANIES

International companies are less likely to face local political opposition to their activities

The City of Holbrook transferred $100,000 from the General Fund to the Debt Service Fund for payment of interest. The appropriate entry in the General Fund to record this transfer would be
a. Debit Expenditures $100,000; Credit Cash $100,000.
b. Debit Other Financing Uses Transfer Out $100,000; Credit Cash $100,000.
c. Debit Fund Balance Transfer Out $100,000; Credit Cash $100,000.
d. Debit Other Financing Sources Transfer In $100,000; Credit Cash $100,000.

Answers

Answer:

A. Debit Expenditures $100,000; Credit Cash $100,000.

Explanation:

Don't really have one, but hope this helped! :D

Convert 5/8 to Decimal

Answers

Answer:

0.625

Explanation:

Answer:

0.625

Explanation:

use calculator!

From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks' ATM machines. On average, noncustomers earn a wage of $24 per hour and pay ATM fees of $3.00 per transaction. It is estimated that banks would be willing to maintain services for 6 million transactions at $1.00 per transaction, while noncustomers would attempt to conduct 22 million transactions at that price. Estimates suggest that, for every 1 million gap between the desired and available transactions, a typical consumer will have to spend an extra minute traveling to another machine to withdraw cash.
1. Based on this information, what would be the nonpecuniary cost of legislation that would place a $1.00 cap on the fees banks can charge for noncustomer transactions?
Instructions: Round your answer to the nearest penny (2 decimal places).$
2. What would be the full economic price of this legislation?
$

Answers

a.  Nonpecuniary cost of legislation that would place a $1.00 cap on the fees banks can charge for noncustomer transactions is: $6.40.

b. The full economic price of this legislation is: $7.40 per transaction.

Equilibrium price, Pe = $3.00 per transaction

Opportunity cost = $24 per hour

Ceiling price, C = $1.00 per transaction

First step is to calculate the Shortage in transaction volumes

Shortage in transaction volumes =22million - 6million

Shortage in transaction volumes =16million

Second step is to calculate the time lost in 16million of shortage transaction

Time lost= (16mn x 1 minute)/60

Time lost= 16 minutes /60

Third step is to calculate  opportunity cost of 16 minutes which is the non pecuniary cost of legislation

Opportunity cost = $24 per hour x 16 / 60

Opportunity cost = $6.40

b. Full economic price of this legislation:

Full economic price of this legislation= Ceiling price + Opportunity cost

Full economic price of this legislation = $ 1.00+$6.40

Full economic price of this legislation = $7.40 per transaction

Inconclusion the  Nonpecuniary cost of legislation  is $6.40 and the full economic price of this legislation is $7.40 per transaction.

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Financial Calculations

Let's go through a series of calculations for Frank's cookie business.

First, let's determine how much Gross Profit he makes on each batch of cookies.

One batch is 24 cookies.

Frank starts by selling cookies for $1 each.

It costs Frank $10 in materials to make one batch of cookies (sugar, butter, chocolate chips, packaging, etc.)

What is the gross profit per batch of cookies?

Answers

Answer:

$14

Explanation:

24 each batch minus 10 is total profit

At Dec. 31 Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:

Answers

Answer:

to make the money

Explanation:

Activity-based costing for varying batch production
A manufacturing company has the following two activities associated with completion of products:
The setting up of machines for running batches of products
The actual production of units produced
The company has annual manufacturing overhead costs of $2,000,000, of which $200,000 is directly involved in setting up machines for batch runs. During the year, the company expects to perform 400 machine setups, one setup per batch for a total of 400 batches of production. Assume that the batch sizes vary considerably, but the work involved in setting up the machines is not appreciably different from one job to the next.
If the company estimates that the $200,000 costs associated with setups will yield 400 setups this year, the cost associated directly with each setup will be $ per setup. Because each job will require its own setup, setup costs are viewed as batch costs. Because $200,000 of the $2,000,000 are costs associated with setups, this means that costs associated directly with the production of units equal $.

Answers

Answer: I don’t know

Explanation:I don’t know

Knowledge Check 01 Zeta Corporation is a manufacturer of sports caps, which require soft fabric. The standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. During the month of January, the company purchased and used 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. What is Zeta Corporation's materials price variance for the month of January

Answers

Zeta Corporation's materials price variance for the month of January is $2,500 Unfavorable.

The difference between the standard cost and actual cost for the purchased actual quantity of material is the direct material price variance.

The formulae for the direct Materials price variance is (Standard price – Actual price) * Actual quantity purchased

Given Information

The standard fabric for each cap is 2.00 yard

The standard price per yard is $2.00 per yard

Actual price per yard is $2.10

Actual Quantity is 25,000 yards

Materials price variance = (Standard price - Actual Price) * Actual Quantity

Materials price variance = ($2.00 - $2.10)*25,000

Materials price variance = $0.10*25,000 yard Unfavorable

Materials price variance = $2,500 Unfavorable

Therefore, Zeta Corporation's materials price variance for the month of January is $2,500 Unfavorable.

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What was the CEO of Tyco accused of doing?
A falsifying records to keep the company stock price from falling
B. engaging in insider trading
C. using company funds to pay for his lavish lifestyle
D. hiding debt by transferring it to subsidiaries

please help accounting is always hard to find answers for if there’s any other app what does better let me know !!

Answers

The CEO of Tyco was accused of C. using company funds to pay for his lavish lifestyle.

What did Dennis Kozlowski do?

Dennis Kozlowski was the CEO of Tyco but he was found to have evaded taxes by the IRS.

When they investigated his dealings further, they found that he had been using the company's funds to pay for his lavish lifestyle such as purchasing art and taking bonuses.

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Rebecca Huang receives a regular salary of $2,600 a month and is paid 1/2 times the regular hourly rate for hours worked in excess of 40 per week.
a. Calculate Huang's overtime rate of pay.
22.5 overtime pay per hour
s
b. Calculate Huang's total gross weekly pay if she works 43 hours during the week.

Answers

The over time rate of pay is $22.5 overtime per hour. While the total gross pay at 43 hours is 667.5 dollars.

a. The regular salary = $2600 monthly

The annual salary = $2600 * 12

= 31200 dollars.

The weekly salary in a year

We have 52  weeks in a year

Weekly salary = 31200/52

= 600 dollars.

She works for 40 hours weekly.

Pay per hour = 600/40

= 15

The overtime pay per hour that Rebecca receives

[tex]15*1\frac{1}{2}[/tex]

= 15 * 1.5

= 22.5

Therefore Huang's overtime pay is 22.5 dollars.

b. If she works 43 hours during the week

15 dollars * 40 hours = 600 dollars

43-40 = 3 overtime hours

3 x 22.50 per hour = 67.5 dollars.

The total gross wages = 600 dollars + 67.5 dollars

= 667.5 dollars.

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All of the following indicate a possible pest infestation EXCEPT:
Dust underneath a storage shelf
Shredded paper towels in a corner of the dry storage area
Egg casings behind the refrigerator
Gnaw marks on a trash can

Answers

dust underneath a storage shelf

Statement that doesn't gives indication of pest infestation as regards this question is A: Dust underneath a storage shelf.

Pest infestation can be regarded as the  presence of an unusually large number of insects in place They usually cause  damage or disease and it  is a result improper management of a place in an healthy way.

Some of the activities that can cause this at home are Egg casings behind the refrigerator which can invite pest.

Another one is Gnaw marks on a trash can.

Therefore, option A is correct.

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As an economic concept, scarcity applies
to A) both money and time.
B) money but not time.
C) time but not money.
D) neither time nor money​

Answers

Answer:

A

Explanation:

both the poor and the rich. Scarcity requires that people must. make choices. As an economic concept, scarcity applies to. both money and time.

Time and money are the two most in-demand precious resources. Most people lack one, the other, or both in an excessive amount. Therefore Option (A) is the correct option.

What is scarcity?

Scarcity as an economic principle "refers to the fundamental truth of existence that there exists only a finite number of human and nonhuman resources that the finest technical knowledge is capable of exploiting to produce just a restricted maximum amount of each economic product."

There wouldn't be any economic goods, or comparatively scarce products if the conditions of scarcity didn't exist and "unlimited amounts of every good could be generated or human demands entirely met."

A limited supply of a good or service that may be in demand on the market or by the public is known as scarcity. The inability of an individual to purchase goods is another aspect of scarcity. Scarcity's opposite is abundance.

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