The marking of the statements 1-18 as true or false is as follows:
1. True. The main similarity among the four market structures is the existence of buyers and sellers.
What are the four market structures?The four market structures are:
Perfect competitionMonopolistic competitionOligopolyMonopoly.They all have buyers and sellers, though, the number differs from one to the other.
2. True. In a perfectly competitive market, buyers and sellers have relevant information about prices, product quality, and sources of supply.
3. True. The stock market is an example of a perfectly competitive market.
4. True. If a perfectly competitive market doesn't satisfy all four characteristics 100 percent, then it is not a perfectly competitive market.
5. True. Profit attracts new firms into the perfectly competitive market.
6. False because there is no ease of entry into a monopolistic market.
7. False. It is not important to a monopolist to search out the best price through trial and error.
8. True. In some towns, cable television providers and trash collectors are monopolists.
9. False. Copyright is not required on medicine to protect a pharmaceutical company from competitors. But a patent is required because copyrights are for intellectual property rights.
10. False. Patents are usually granted for 20 years and not five years.
11. True. Barriers to entry limit potential competition.
12. True. Owning all of a scarce resource can allow a firm to operate as a monopoly without legal protection. This is regarded as a natural monopoly.
13. True. Antitrust laws are meant to control monopoly power and promote competition.
14. True. The Sherman Act prohibits anti-trust actions, which restrain trade.
15. True. A natural monopoly exists when a firm's product is made with resources provided by nature.
16. True. The U.S. Supreme Court decides some antitrust cases.
17. True. The term colluding refers to making secret agreements that reduce competition.
18. True. Taxi and limousine service in New York City is relatively inexpensive due to the ease of entry into that market.
Thus, the marking of statements 1-18 as true or false is completed.
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Your employer has a legal responsibility to protect you from legal penalties in the event you serve alcohol illegally. TRUE OR FALSE
It can be deduced that an employer has a legal responsibility to protect an employee legal penalties in the event that alcohol is served. Therefore, it's true.
Who is an employer?An employer simply means an individual who manages people and own a business.
An employer has a legal responsibility to protect an employee legal penalties in the event that alcohol is served. There's no way one can be held liable if the person makes reasonable effort t prevent illegal alcohol service.
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In which situation would a banker's draft be used?
A. When a person is traveling in another country and does not want
to carry a lot of cash
B. When a buyer doesn't want to wait for the seller to confirm that
funds exist in an account
C. When a buyer wants to purchase a large number of items at once and wants the seller to have quick access to funds
D. When the person making the payment wants money to be
available in the receiving bank's account
Banker's draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
What is bank draft?Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.
It can also be brought to another bank for remittance, it serves as evidence for transactions.
Therefore, a banker draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
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Answer:
D. When the person making the payment wants money to be
available in the receiving bank's account
Explanation:
A banker's draft is used as a guarantee of payment to another bank or financial institution. Nonetheless, when someone wants money to be available in the receiving bank's account they use a banker's draft.
HELP ME PLEASE
IN THISS ASSIGNMENTS
Answer:
what assignment
Explanation:
The amount that the shareholders have invested into the company is called: Multiple Choice Retained earnings. Accumulated other comprehensive income. Paid-in capital. Shareholders’ equity.
Sarah gets a salary increase. Before her raise, she purchased 5 pounds of fish and 1 pound of beef stew a month. After her raise, she consumes 2 pounds of fish and 3 pounds of beef stew a month. If everything else is held constant, we know that: _________
a. hamburger is a normal good and steak is an inferior good for Sarah.
b. both steak and hamburger are normal goods for Sarah.
c. hamburger is an inferior good and steak is a normal good for Sarah.
d. both steak and hamburger are inferior goods for Sarah.
Answer:
C. hamburger is an inferior good and steak is a normal good for Sarah
Explanation:
Demand for an inferior good decreases as income increases.
Demand for a normal good increases as income increases.
Because Sarah purchased less hamburger after her salary increase (5 to 2 pounds), she had less demand for it, therefore hamburger is an inferior good for her. And because Sarah purchased more steak after her salary increase (1 to 3 pounds), she had more demand for it, therefore steak is a normal good for her.
Match the method of exchanging information with its description
Answer:
Exchange of common capability information of wireless communication terminals is improved by taking in account also capabilities of any adjacent external device(s) (e.g. PC or laptop) of an end-user. A wireless terminal transfers (14) capability information of its own, and that of a remote wireless terminal and a remote external device to an adjacent external device (e.g. PC or laptop) of the end-user. The external data device determines (15), based on the received application capability information, its own application capabilities which match with the application capabilities indicated by the received application capability information, and presents (16) the matching application capabilities to the end-user. Thus, the communication parties are enabled to see and use application capabilities of their wireless communication terminals and adjacent external devices, e.g. during circuit-switched or packet-switched one-to-one call.
Classifications
can i go to business school
Answer:
yess
Explanation:
nothing should hold you back from reaching your goals.
Answer:
Apply to schools and sure, why not
Explanation:
Wheat and oats are used to make different types of breakfast cereal and both are grown on the prairies What would happen to the supply and demand of oats if the price of wheat were to fall? What happens to the equilibrium price and quantity of oats?
If the price of wheat falls, the demand for oats would decrease and the supply of oats would increase.
The equilibrium price of oats would decline and the equlibrium quantity would be indeterminate.
What are subsistute goods?
Substitute goods are goods that can be used in place of another good.
if the price of a good decline, the demand for the substitute decreases and if the price of the good increases, the demand for the substitute decreases.
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What is one key difference between payday loans and title loans? A. Title loans are offered to people with good credit. B. Title loans are long-term loans. C. Title loans require people to have a job. D. Title loans require collateral.
The one key difference between payday loans and title loans is D. Title loans require collateral.
What is a Title Loan?This is a type of loan which makes use of the borrower's car as a collateral to give a high cost and short term loan.
Hence, we can note that while a payday loan is immediately deducted from the next payslip with a fee, a title loan is high cost and short term and typically requires collateral.
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Answer:
D. Title loans require collateral.
Explanation:
In order to fight the negative impact of overtourism, Costa Rica has been developing...
a Mass tourism
b Ecotourism
c Extreme tourism
d Revenge tourism
Bullwinkle Co. acquired an adjacent vacant lot with the hope of selling it in the future at a gain. The lot is not intended to be used in Bullwinkle business operations. Where should such real estate be listed on the balance sheet?
Identify whether each of the following is a debit or a credit in the country of
Freedonia’s BOP and indicate where the item would be classified (5 points)
a) Freedonian firms export $250 million worth of goods.
b) Freedonian citizen’s purchase $50 million worth of tickets on US Airways flights.
c) A Freedonian firm purchases a shoe factory in Mexico for $30 million.
d) Freedonia receives $5 million in foreign aid from the United States.
e) Freedonian citizens deposit $15 million in Citibank account in New York.
f) Freedonia imports $220 million worth of goods.
g) Freedonian firms borrow $45 million by issuing bonds in the United States
h) U.S. firms earn (and repatriate) $5 million in profits from operations in Freedonia.
i) The Freedonia central bank buys $10 million in U.S. Treasury bills.
This is also known as Balance of payment and it is the difference between all money flowing into the country in a particular period of time and the outflow of money to the rest of the world.
Freedonia’s BOP items can be seen above with their appropriate classifications.
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FIFO can be used by corporation only.
Select one:
True
False
Answer:
True
Explanation:
Using the FIFO costing method will always produce the same results whether a company uses perpetual or periodic inventory.
What percentage of the U.S. gross national product is spent on projects each year in the US alone?
Answer:
25 percent
Explanation:
25% percentage of the U.S. gross national product is spent on projects each year.
What is gross national product?
The Gross national income (GNI), recently known as gross national product (GNP), is the complete homegrown and unfamiliar result guaranteed by inhabitants of a nation, comprising of GDP.
Essentially, GNP implies how a nation's kin add to its economy. It thinks about citizenship, no matter what the area of the possession. GNP does exclude unfamiliar inhabitants' income acquired inside the country. GNP additionally includes no income acquired in India by unfamiliar occupants or organizations, and rejects products made in the country by unfamiliar organizations.
In computation, GNP adds government use, individual utilization use, confidential homegrown ventures, net commodities, and income acquired by nationals abroad, and wipes out the income of unfamiliar occupants inside the homegrown economy. Besides, GNP overlooks the worth of middle person merchandise to abstain from twofold counting, as these passages get remembered for the worth of eventual outcomes and administrations.
Therefore 25% is actually spent on projects each other.
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Which method of accounting for uncollectible accounts receivable uses an estimate based on a percent of sales?
a. Direct write-off method
b. Allowance method
c. Sales factor method
d. Estimated method
Match the terms with the appropriate definition.
1. arbitration
desired outcome or achievement
2. bilingual
ability to use two languages fluently
3. compromise
the act of training an employee to also perform tasks performed by another employee
4. constructive criticism
activities outside the scope of your education or employment that enhance personal development and pleasure
5. cross-training
when a third party is consulted to make a final decision in resolving a conflict
6. extracurricular activities
explaining an error to another person in a positive way and offering ideas to avoid similar mistakes in the future
7. goal
to give up something to resolve a conflict
Answer:
1. goal
2.correct
3.cross training
4.extracurriculars
5.arbitration
6.constructive criticism
7.compromise
Given a standardized normal distribution (with a mean of 0 and a standard deviation of 1), complete parts (a) through (d) below.
Click here to view page 1 of the cumulative standardized normal distribution table. LOADING...
Click here to view page 2 of the cumulative standardized normal distribution table. LOADING...
Question content area bottom
Part 1
a. What is the probability that Z is between -1.52 and 1.86? (Round to four decimal places as needed.)
A.
P(-1.52 < Z < 1.86) =NORM.S.DIST(1.86,0)-NORM.S.DIST(-1.52,0)= -0.0549
B.
P(-1.52 < Z < 1.86) =NORM.S.DIST(1.86,1)-NORM.S.DIST(-1.52,1)=0.9043
C.
P(-1.52 < Z < 1.86) =NORM.S.DIST(1.86,1)+NORM.S.DIST(-1.52,1)=1.0328
D.
P(-1.52 < Z < 1.86) =NORM.S.DIST(-1.52,1)-NORM.S.DIST(1.86,1)= -0.9043
b. What is the probability that Z is less than -1.52 or greater than 1.86? (Round to four decimal places as needed.)
A.
P(Z < -1.52 OR Z > 1.86) =NORM.S.DIST(-1.52,0)+(1-NORM.S.DIST(1.86,0))=1.0549
B.
P(Z < -1.52 OR Z > 1.86) =NORM.S.DIST(-1.52,1)-(1+NORM.S.DIST(1.86,1))= -1.9043
C.
P(Z < -1.52 OR Z > 1.86) =NORM.S.DIST(-1.52,1)+NORM.S.DIST(1.86,1)=0.1964
D.
P(Z < -1.52 OR Z > 1.86) =NORM.S.DIST(-1.52,1)+(1-NORM.S.DIST(1.86,1))=0.0957
Answer:
d is the right answer that's my answer
Which of the following will develop a new business in the context of a large organization?
EasyFind manufactures and sells golf balls. The company is conducting a price test to find a better price point. Presently their golf balls sell for $23 per dozen. Their current volume is 4,850 dozen per month. They are considering reducing their sales price by 23% per dozen. What are EasyFind's total current revenues per month
The total current revenues per month from EasyFind's company is $85893.5
What is the meaning of Total Revenue?Total revenue, often known as the entire sales, is the total money made by an organization from all merchandise sold.
If the present price of the golf ball = $23 and;The volume of sales monthly = 4850.Therefore, the monthly total revenue = $(23 × 4850) = $111,550
However, if we consider reducing the price by 23% per dozen, we have:
[tex]\mathbf{= \dfrac{23}{100} \times 111550}[/tex]
= $25656.5
Now, the total current revenue per month will be:
= $111550 - $25656.5
= $85893.5
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How can birth rate and life expectancy combine to impact a nation's use of scarce resources?
The birth rate and life expectancy are related to the resources of a country, because the relationship between the amount of resources and the amount of resources that people will use throughout their lives can be made.
What is the birth rate?The birth rate is a statistical indicator of the communities in which it is established as the number of births per hundred thousand inhabitants.
What is life expectancy?Life expectancy is a statistical indicator of communities that establishes the average age lived by citizens of a given area.
How are life expectancy and birth rates related to available resources?Each country has a limited amount of resources for citizens to use. However, these are going to end up compromising the subsistence of future generations.
In this case, it is of great importance to know the birth rate and life expectancy to establish how much longer these resources will be able to be used before they run out and to propose strategies and alternatives to face the scarcity of resources.
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What types of training do Teach for America recruits undergo before they are placed in the classroom?
The Teach for America Recruits do undergo five weeks of training and intensive preservice coursework before they are placed in the classroom.
What is the intensive preservice coursework all about?The intensive preservice coursework for Teach for America Recruits is to prepare them ahead and equip them with necessary skills to perform their duty.
Therefore, after the five weeks of training and intensive preservice coursework , they will be placed in classrooms as student teachers or team teachers.
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Classify each of the following situations as either frictional, structural, or cyclical unemployment.
a. Maria has started looking for work after taking time off to have a baby.
b. Juan left high school without graduating and can't find any jobs he is qualified for.
c. Rohit had a job working on Wall Street but lost his job during the financial crisis.
d. Adam has just arrived in a new city and is looking for work.
e. Max wants to work as an air steward, but because the airline industry is heavily unionized there are very few jobs available.
f. Jada has just lost her job in a Web startup that was affected by a downturn in the economy.
Classifying each situation into frictional, structural, or cyclical unemployment is:
a. Frictional unemployment
b. Structural unemployment
c. Cyclical unemployment
d. Frictional unemployment
e. Structural unemployment.
f. Cyclical unemployment.
Unemployment is simply the inability of a person to secure a job or find a job after searching .
a. Maria has started looking for work after taking time off to have a baby
Classification : Frictional unemployment.
b. Juan left high school without graduating and can't find any jobs he is qualified for.
Classification: Structural unemployment.
c. Rohit had a job working on Wall Street but lost his job during the financial crisis.
Classification: Cyclical unemployment.
d. Adam has just arrived in a new city and is looking for work.
Classification: Frictional unemployment
e. Max wants to work as an air steward, but because the airline industry is heavily unionized there are very few jobs available.
Classification: Structural unemployment.
f. Jada has just lost her job in a Web startup that was affected by a downturn in the economy.
Classification: Cyclical unemployment
Inconclusion each of the following situations are: a. Frictional unemployment; b. Structural unemployment.
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The allowance for doubtful accounts is reported as a(n) __________ on the balance sheet.
a. addition to accounts receivable
b. deduction from accounts receivable
c. addition to notes receivable
d. deduction from trading investments
Zen cart is written in _________________ , which is a programming language widely used for developing web-based applications. It is free and open-source and is one of the most popular computer languages with web developers because of its simplicity and power.
Answer: php
Explanation:
What is the first step in starting up a business? and Why?
Answer: Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business
Explanation:
it takes time and you have to know what you're doing to make a successful business don't rush do your research before you try doing something big
what is amazon company?
Answer:
Amazon is a company known for many things such as delivery, shopping online, videos (Amazon Prime), and other things of the such.
Explanation:
You are more than likely to see an Amazon delivery truck delivering you or your neighbors some packages!
At year end, CurlZ, Inc.'s inventory consists of 200 bottles of CleanZ at $1 per bottle and 100 boxes of DyeZ at $10 per box. Market values are $1.20 per bottle for CleanZ and $8 per box for DyeZ. CurlZ should report its inventory at ______.
Curl Z has the inventory of dollar $1000 that should be reported. Thus, option (a) is correct
What is inventory?The term inventory can be defined as the goods raw materials merchandise and other items which are operated by the business all the organization for selling in the market in order to on the process.
For instance, wood is a raw material for the company and the furniture is the inventory which is made from the wood.
The requirement for reporting inventory at the end of the year is that it must be valued at the lowest of acquisition cost or market value.
The amount of the inventory can be computed as follows:-
[200 bottle x $1 per bottle] + [100 boxes + $8 per box]
= 200 + 800
= $1,000
Therefore, it can be concluded that option (a) is correct.
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Your question is incomplete, but most probably the full question was….
$1000
$1040
$1240
$1200
Discuss Two social factors (excluding friends and social interaction) that may contribute to unemployment in South Africa amongst the youth.
Answer:
Timidity and lack of self initiative drive
Does any body know how to speed up the process of finding answers
Answer:
Hi
Explanation:
it honestly depends try reloading or refreshing or poking on other sites that LOOK APPROPRIATE
Why do free trade proponents dislike rules of origin in trade agreements?
A.
It increases incentives for trade deflection.
B.
It decreases the amount of international trade in the world.
C.
It decreases incentives for trade diversion.
D.
It increases the amount of international trade in the world.
Answer:
c
Explanation:
carbon fiber and other stuff t it was the most efficient of all good for the price and a good amount for a small business to make it up to catch up there today to get a better than Android there betters the there mornings afternoon allowed goodnight working in their firsts ones Android there betters off its wasn't in Zarion's mind that way too many people are not in a relationship 5th or third world war or the war of that weight is a little more complicated and the other is that ra has the same
The reason free trade proponents dislike rules of origin in trade agreements is B. It decreases the amount of international trade in the world.
What are the rules of origin?Rules of origin in trade agreements refer to the regulations that define categories of products qualifying for trading preferences under the trade agreements.
Proponents of free trade dislike rules of origin in trade agreements because the free-trade proponents feel that rules of origin create trade barriers.
However, rules of origin provide the required criteria for determining the national source of a product.
Thus, rules of origin do not increase incentives for trade deflection, decrease incentives for trade diversion, or increase international trade but decrease international trade.
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