Some monopolistic competitors earn positive economic profits in the long run because a. there are high barriers to entry in monopolistic competition. b. they have successfully differentiated their products from their competitors' products. c. there is easy entry and exit. d. b and c e. none of the above

Answers

Answer 1

In a monopoly, only the company that dominates the market can make a profit because it is difficult for other companies to compete (option A)

What is monopoly?

A monopoly is a term that refers to a situation of legal privilege in which a producer or economic agent (monopolist) has great market power and is the only one in an industry.

For example: A company that produces cars and is the only one in a country that has all the means to produce and market cars. For other companies it is difficult to enter a consolidated market to compete against that company.

According to the above, it can be inferred that for new companies there are great barriers to compete against a company that has a monopoly.

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Related Questions

Halimax has recently been hired by numerous city governments to handle security at major sporting events. The hiring of Halimax rather than relying on the city police force is an example of ______.

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Outsourcing refers to the process of getting the work done through outside parties rather than relying on in-house team. Thus, hiring Halimax rather than relying on the city police force is an example of Outsourcing.

What do you mean by outsourcing?

Outsourcing is a business practice of hiring a party outside the company to perform services or create in-house goods that were processed in-house by the company's employees.

Employment is a practice that companies often do as a way to reduce costs.

Thus, The hiring of Halimax rather than relying on the city police force is an example of Outsourcing.

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If $81,000 is invested in an annuity that earns 5.1%, compounded quarterly, what payments will it provide at the end of each quarter for the next 4 1 2 years

Answers

Answer:

C = $ 5064.61

Explanation:

You are given the present value of an annuity   PV = 81 000

5.1 %   is .051 in decimal form  

    quarterly, this is  i =  .051/4  interest per period (3 months)

4 1/2 years is    n = 18 periods

The equation to use is  ( you just have to look these up.....there are many different situations)

PV = C * {  (1-(1+i)^-n) / i }

Plugging in the above numbers results in:

C = $ 5064.61

What are the similarities and differences in advertisements of the 1950s and advertisements in the 21st century?

Answers

Answer: Most similarities are some can still be in newspapers, signs, and billboards . Some differences are techology use that was not invented back then, such as television, the internet, and social media . 

Explanation: hope this helps :)

As described in the chapter case, Uber uses the ________ revenue model. A. portal B. service provider C. market creator D. community provider E. transaction broker

Answers

As described in the chapter case, Uber uses the service provider revenue model. A revenue model is a framework for generating financial income.

What is service provider revenue?

Companies deriving revenues from service offerings charge customers based on time, often on a project basis or as a retained service provider.

Therefore, Uber uses the service provider revenue model.

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A customer executes the following transactions during the same year: May 1st: Aug. 1st: Aug. 20th: Buy 100 XYZ at $54 per share Buy 100 XYZ at $40 per share Sell 100 XYZ at $41 per share After the transactions are effected, the customer's cost basis in XYZ stock is:

Answers

The cost basis of the customer in the stock of XYZ is equivalent to the acquisition cost of shares, that is, $5,400, and is not affected by the short-term capital gain or loss.

What is short-term capital gain?

A capital gain is considered to be a shorter-term when the asset holds for a period of less than one year. When the holding period extends by one year, then the same capital gain is treated as a long-term capital gain.

The cost basis of the customer in XYZ's stock is $5,400 which is determined by taking the product of 100 shares at a price of $54 per share. It will not be affected by the short-term capital loss of $1,300, which is computed as the difference between sales cost of $4,100 and purchase cost of $5,400 respectively. As a result, the cost basis should be the same as the cost of purchasing the shares.

Therefore, the customer's cost basis is $5,400 in the stock of XYZ company.

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Stansfield Corporation had the following activities in 2020. Payment of accounts payable for $270,000. Issuance of common stock for $150,000. Payment of dividends $99,000. Collection of note receivable for $85,000. Issuance of bonds payable for $110,000. Purchase of treasury stock for $52,000. Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2020 statement of cash flows

Answers

The amount Stansfield should report as net cash provided (used) by financing activities is $109,000.

Computation of net cash provided (used) by financing activities

The amount Stansfield should report as net cash provided (used) by financing activities can be computed as follows:

Net cash provided (used) by financing activities = Issuance of common stock - Payment of dividends + Issuance of bonds payable - Purchase of treasury stock ………………. (1)

Substituting all the relevant values into equation (1), we have:

Net cash provided (used) by financing activities = $150,000 - $99,000 + $110,000 - $52,000

Net cash provided (used) by financing activities = $109,000

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Olivia is a partner in Pacific Trade. In the majority of states, with respect to any partnership obligations that Olivia does not participate in, know about, or ratify, she would be liable for

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In the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

What is partnership?

It should be noted that partnership simply means a business agreement between two or more people to achieve a common goal.

In this case, in the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

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Gnosis Inc. is an energy drink manufacturer. A white racing stag on a purple background is the logo on all of its drinks. When consumers see the logo, they immediately associate it with the brand. This increases the chances of them buying the energy drink. In this case, the logo of the brand is an example of a

Answers

Given that the logo of the brand is what makes people to buy when they see it, it is an example of a retrieval cue.

What is a retrieval cue?

This is the cognitive and the phsyical environment of a person that helps them to recall certain things.

The cue here helps people to but the brand of this drink because they have become so familiar with it.

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Silverwood Company is considering the following alternatives: Alternative A Alternative B Revenues $100,000 $200,000 Variable costs 30,000 50,000 Fixed costs 10,000 30,000 What is the incremental profit

Answers

Answer:

to find profit make

%profit =selling price + cost price ÷ cost price

Describe the branding strategies used by Hormel and how Justin's products fit into the Hormel product line.

Answers

The branding Strategy that was used by Hormel is known as the multi product branding.

What is branding?

It should be noted that branding simply means the process of creating a strong, positive perception of a company.

In this case, the branding srategy that was used by Hormel is known as the multi product branding.

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To raise money, a company is selling shares of dividend growth stock. What does the company most likely do with its earnings?.

Answers

They usually Pay it all out to stockholders, four times a year.

Target is seeking a new distribution system because A. competition from Amazon and Walmart is intense. B. it needs to speed up restocking. C. it wants to reduce inventory in stores. D. All of the above.

Answers

The target is exploring a new distribution strategy aimed at speeding up re-cutting and making the seller more inclined as they compete with competitors such as Amazon and Walmart.

What new distributive strategy Target is focusing on?

Target is trying a new strategy to distribute products in its stores. The aim is to integrate the target completion cycle from days to hours and to reduce the number of goods in stores.

The center sends small items and often to stores while using the same inventory to fill online orders.

Thus, the correct statement is Option B.it needs to speed up restocking.

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A company has a maintenance contract with a fixed fee of $1,200 per month plus $75 per hour for each maintenance hour used. In a month where 20 maintenance hours are used, the total maintenance cost is $

Answers

The answer to your question would be $2700 :)

Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business' __________. financial transactions financial transactions financial markets financial markets full-time employees full-time employees sellable inventory

Answers

Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business' financial transactions.

What is financial transaction?

A financial transaction include details or business traction's between a buyer and a seller

It include communication, goods and services purchase or bought.

Therefore, Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business' financial transactions.

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If marginal cost is rising, a. average fixed cost must be rising. b. marginal product must be falling. c. marginal product must be rising. d. average variable cost must be falling.

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In a business, when the marginal cost is rising, it is most likely that b. marginal product must be falling.

What happens when marginal cost rises?

The marginal cost refers to the cost of producing an additional unit of a product.

When this cost begins to rise, it means that there are too many units involved in the production of goods with limited technology. This leads to marginal product falling even though total product is rising.

In conclusion, option B is correct.

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A company operates in a competitive marketplace. They look to the market to determine their selling price. It looks like the market will bear a price of $227. The company has a goal of earning 10% return on sales on each unit. What would their target cost be

Answers

The target cost to the company is equivalent to $ 206.36 where the selling price as per market is $227 at a profit of 10%.

What is the meaning of target cost?

Target cost is the amount left after deducting the profit from the selling price. It is a cost of a product on which the seller adds their margin.

Given values:

Selling price: $227

Rate of return: 10%

Computation of target cost:

[tex]\rm\ Target \rm\ Cost=\frac{\rm\ Selling \rm\ price}{1+\rm\ rate \rm\ of \rm\ return} \\\rm\ Target \rm\ Cost=\frac{\rm\ \$ 227 }{1+10\%} \\\\\rm\ Target \rm\ Cost=\frac{\rm\ \$227}{1.10} \\\\\rm\ Target \rm\ Cost=\$ 206.36[/tex]

Therefore, the company gets the target cost of $206.36 if it wants to earn 10% at a selling price of $227.

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The common stock of Xiang Estates has an expected return of 13.3 percent. The expected return on the market is 10 percent, the inflation rate is 1.4 percent, and the risk-free rate of return is 1.3 percent. What is the beta of this stock?

Answers

The beta of the common stock of Xiang Estates given the expected return, expected market rate of teturn and risk free rate is 1.24.

What is the beta?

Beta is used to measure systemic risk. Systemic risk is the risk that cannot be diversified away. The higher beta is, the higher systemic risk is and the lower beta is, the lower systemic risk is.

Beta = (expected return - risk free rate) / market premium

(13.3 - 1.3) / ( 10 - 1.3) = 1.24

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Ms. Versini applied for a car loan from a bank. Which statement best describes the importance of Ms. Versini’s credit report to the bank?

Answers

The optimal response is statement F since it indicates the possibility that Ms. Versine will repay the entire amount on schedule.

As a fundamental time management tool, a schedule or timetable is made up of either a list of potential times for tasks, events, or actions, or it is made up of a series of events that are supposed to happen in the order that they are supposed to happen. Scheduling is the act of choosing how to prioritise resources among the various tasks that can be completed and how to arrange them on a schedule.

The person who is in charge of producing a certain schedule is sometimes referred to as a scheduler. Scheduling is a human activity that has been practised for ages. According to some scenarios, making plans is a form of life-skills education.

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If the money multiplier is 3 and the Fed wants to increase the money supply by $900,000, it could Group of answer choices

Answers

Fed buy $300,000 worth of bonds, if the money multiplier is 3 and want to increase the money supply by $900,000. As the formula of the money multiplier is change in total money supply upon change in total monetary base.

What is money multiplier?

The multiplier effect is a term used in economics to describe the proportional increase or decrease in final revenue that occurs as a result of a capital injection or withdrawal.

In effect, it calculates the influence of a change in economic activity, such as investment or spending, on a company's total economic output.

Thus, Fed buys $300,000 worth of bonds.

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How would you set up Economic questions when it involves talking about insurance & percentages.

Answers

Answer:

Simple, cool pfp btw. A story, first before the question. A short story like going into an accident or how expensive things are, or both.

Explanation:

You see, there is nothing I like more than a little story, short and sweet. If you can hook the readers into the story you can ask the question and get them thinking with the story you made. A clever trick I taught myself.

Devin is taking inventory of office supplies so he knows what he should order. He discovers he has 3 ink cartridges and 6 boxes of paper, but he needs to have 10 ink cartridges and 25 boxes of paper in stock. How many of each does he need to order

Answers

Devin needs to order 7 ink cartridges and 19 boxes of paper to meet his expected stock needs for 10 ink cartridges and 25 boxes of paper.

What is the expected level of stock?

The expected stock level refers to the number of items required to be in stock at any time.

Since Devin needs 10 ink cartridges and 25 boxes of paper in stock, but currently has 3 ink cartridges and 6 boxes of paper, the ordering level should be for additional 7 ink cartridges (10 - 3) and 19 boxes of paper (25 - 6).

Thus, Devin needs to order 7 ink cartridges and 19 boxes of paper to meet his expected stock needs for 10 ink cartridges and 25 boxes of paper.

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PLEASE HELP !!
explain why you feel an entrepreneur or business should develop a business plan.

Answers

Answer:

See below...

Explanation:

When an entrepreneur or businessperson begins to develop an idea for a product or for the creation of a business, it is good that they have a plan. When they do not plan, their future does not have specific milestones to acheive. This can make things scary and chaotic, as it is necessary to know when and where you will do things. With a plan, the person has goals set, and they are not as overwhelmed by things that come their way. The plan gives an order to an otherwise chaotic idea.

What is the difference between renters insurance for the ""full replacement cost"" vs renters insurance for the ""cash value"" of your items?.

Answers

The difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.

What is renters insurance?

Renter's insurance is the property insurance that covers the (renter's) policyholder's personal belongings, liability, and some living expenses in case of a loss event.

With replacement cost renters insurance, the policyholder has sufficient funds to replace all insured belongings and other losses.

With cash value renters insurance, the policyholder can only recover the depreciated value of their assets.

Thus, the difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.

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What would you say is the key difference between a nft and an art print?.

Answers

NFT art differs from traditional art in that it is entirely digital and can only exist in digital wallets on a specific blockchain. An art print, on the other hand, is an image on paper that does not exist on the digital wallets.

What is NFT?

A non-fungible token (NFT) is a non-transferable data unit that may be sold and traded on a blockchain, which is a sort of digital ledger.

Cryptocurrencies and physical money are both "fungible," meaning they may be traded or exchanged for one another.

In fact, anyone can make an NFT and sell it on a marketplace for NFTs.

Thus, NFT is the digital wallets and art print is the non digital wallet

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True or False: The overall Six Sigma Process is one that is a constant and everlasting initiative while Six Sigma Projects are finite in scope with a definite beginning, middle, and end goal. Select one: a. True b. False

Answers

Six Sigma is a quality management system. Six Sigma is a continuous improvement strategy that focuses on decreasing variability and enhancing predictability in businesses.

It is perhaps the most well-known variation of Lean in business.

Thus the statement is True.

What exactly is six sigma?

Six Sigma is a framework that gives companies the tools they need to optimize their processes.

This increase in productivity and decrease in procedure variability helps to reduce faults while also increasing earnings, employee morale, and product or service quality.

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Ski Shop sells a pair of skis to Tami. When Tami uses the skis, they snap in two. The cause is something that Ski Shop did not know about and could not have discovered. This is a breach of

Answers

There is a breach of implied warranty of merchantability when the sold skis snapped into two with unknown reason.

What is a breach of warranty?

It means the violation of either an express or implied contract of warranty.

The implied violation by the seller makes him liable for damages that occurs from the losses from the subject matter

Hence, there is a breach of implied warranty of merchantability when the sold skis snapped into two with unknown reason.

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An assessor explains to you that the market value of your property was converted to the assessed value using what's called an assessment ratio. The assessment ratio can also be considered what

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The assessment ratio, which is used to convert the value of property to the assessed value, can also be considered Equalization Rate.

What is the equalization rate?

The equalization rate is the ratio of the total assessed value (AV) to a municipality's total market value (MV).

The equalization rate is a measurement of a municipality's level of assessment (LOA) by the state.

This implies that the municipality determines the AV while the state determines the MV.

Thus, the assessment ratio, which is used to convert the value of property to the assessed value, can also be considered Equalization Rate.

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Which of the following best describes the relationship between economic growth and energy use? a. increased energy use leads to increased economic growth. b. increased energy use leads to decreased economic growth. c. energy use is related to economic growth. d. energy use has no relationship to economic growth.

Answers

The relation between economic growth and energy use can be best described by the increased energy use leads to increased economic growth.

So, Option A is the right answer.

How do energy use and economic growth relate to each other?

There is a direct relationship between usage of energy and economic growth, that means, if energy usage rises, then economic growth also rises. On the contrary, if energy usage falls, then economic growth also falls.

The developed nations are having abundant resources which leads to more satisfaction among the public due to which they use more energy and finally impacted an increase in the overall economic growth of a country. The less-developed nations face a lot of struggle in satisfying the people due to having insufficient resources which result in the usage of lesser energy and ultimately created a decreasing impact on the economic growth.

Therefore, energy use and economic growth are interlinked with each other.

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A common law doctrine under which either party may terminate an employment relationship at any time for any reason, unless a contract specifies otherwise is:

Answers

Employment at will is a common law notion under which either party can end an employment arrangement at any moment for any reason, unless a contract says otherwise.

What is contract?

A contract is defined as the legally valid agreement that constitutes, defines, and regulates the parties' mutual rights and responsibilities.

A contract commonly entails the transferral of products, services, or money, or the commitment to do so at a later period.

If the employment at will is not specifically mentioned in the contract, and the contract is not represented any content about that, the employment at will states that nay employee may leave the organization any time for any reason.

Therefore, the employment at will comes into consideration when there is contract to the contrary.

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Why should you complete the Free Application for Federal Student Aid (FAFSA)?


A: To eliminate a semester of college requirements


B: To find the lowest interest rates on student loans


C: To get information on the schools you are interested in


D:To identify what grant programs you qualify for

Answers

Answer:

D

Explanation:

FASFA get that money baby.

You should complete the Free Application for Federal Student Aid to identify what grant programs you qualify for. The appropriate response is option D.

What is Free Application for Federal Student Aid ?

The procedure for applying for financial aid begins with the Free Application for Federal Student Aid (FAFSA). Fill out the online form. You use it to submit applications for federal student aid, including grants, loans, and work-study programs. Additionally, the majority of states and universities give non-federal aid using data from the FAFSA.

A student must have economic need, be enrolled in a diploma or certificate program at a college or university, be a U.S. citizen, or be an eligible noncitizen to be eligible for the FAFSA.

Additional conditions for federal eligibility include having a valid Social Security number, continuing to perform satisfactorily in school, and earning a high school diploma, among others.

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