The cost structure of the monopoly have the same relationship.
A monopoly is a single corporation that controls an industry. A monopoly can form organically or be imposed by the government for certain reasons. A corporation, on the other hand, might obtain or retain a dominant position by unfair actions that limit competition and deprive customers of choice.
A monopolist produces less and sells it for more than a completely competitive enterprise. The customers who desire the monopolist's output pay a high price for the monopolist's actions. The limiting of industry production is the primary cost of monopoly.
As a result, monopolistic cost structures exhibit the same correlations between fixed costs, variable costs, marginal costs, and average cost values as pure competition.
To know more about monopoly click here:
https://brainly.com/question/13113415
#SPJ4
prior to what year was the caveat emptor let the buyer beware was the name of the game for consumers
Prior to 1914, the caveat emptor let the buyer beware was the name of the game for consumers.
What is Caveat Emptor?The phrase "caveat emptor" has gained renown in English. The contract law principle known as caveat emptor often governs the sale of real estate after the date of closure, though it may also apply to the sale of other types of products.Because purchasers frequently know less about the product or service they are buying than the seller, the phrase "caveat emptor" and its use as a disclaimer of warranties are a result.This characteristic of the circumstance is referred to as "information imbalance." Defects in the product or service might only be known to the seller and concealed from the buyer.know more about caveat emptor
https://brainly.com/question/11087193
#SPJ4
Yang company sold merchandise for $2,000. The event is subject to a state sales tax of 9%. Based on this information, yang would be required to:.
Based on this information, yang would be required to:
Increase assets
Increase revenue
Increase liabilities
What is cash sales?
Cash sales mean selling merchandise whereby cash is collected from the customer instantly as against a promise to pay cash at a future which is applicable to credit sales.
Which accounts are impacted by cash sales?
By receiving cash from merchandise sales, the cash balance of the seller increases, the seller sales revenue would go up by the amount of cash sales and also liabilities would also rise as well.
When sales tax of 9% is deducted from sales revenue, the sum is kept Yang company until a later date when it would be remitted to the relevant tax authority, before then , the withheld sales tax is a liability for Yang company
Find out more about posting in respect of sales on:https://brainly.com/question/14279491
#SPJ1
CRM helps in determining which customers to target based on known or learned characteristics that will drive growth. This describes which of the three CRM objectives?
CRM helps in determining which customers to target based on known or learned characteristics that will drive growth. This describes customer acquisition of the three CRM objectives.
Which are CRM objectives?1. Streamline the purchasing process
A CRM system's primary goal is to enhance the customer experience. The most reliable strategy to achieve success for your organization is to carry out this goal. All other objectives serve to further this goal when you make increased customer satisfaction your CRM's primary purpose.
2. Boost operational effectiveness
CRM software improves the effectiveness of your sales process by automating time-consuming administrative chores, which allows you to save a significant amount of time. Invoicing, email follow-ups, post-sale workflows, and audience segmentation are just a few of the procedures and operations that a CRM enables you to automate.
Learn more about CRM here
https://brainly.com/question/25656282
#SPJ1
In the context of effective delegation, the first step leaders should take when deciding what to delegate is to identify all their present activities.
In delegation of tasks it is important to analyze the present activities because the current level of activity and the tasks that are already delegated will show the current level of occupancy of staff and available tasks.
What is delegation?Delegation is the act of assigning a task to someone. This is usually done in the organizations where the manager or a senior have more tasks to be performed who then delegates the tasks to lower level employees so that the tasks are performed on time.
Delegation helps in carrying out tasks on time and with efficiency.
Learn more about Delegation at https://brainly.com/question/27365114
#SPJ1
Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the output. in business this is called the ""______________"" approach .
Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the output. in business, this is called the "value-added" approach.
There is a correct theory called marginal productivity theory. Wages are paid at a level equal to the marginal revenue product of labor, the MRP (value of the marginal product of labor). MRP is the increase in income caused by the increase in output produced by the last employed worker.
The marginal productivity theory of income distribution proposes that each individual should receive income based on their contribution to total output. The marginal productivity theory of income distribution has been criticized for the following reasons. Income from inheritance is inconsistent with the theory.
Learn more about Marginal revenue here: https://brainly.com/question/13617399
#SPJ4
Which of the following types of research asks customers to provide verbatim stories about their service encounters that are both satisfying and dissatisfying?
Critical Incident Studies research asks customers to provide verbatim stories about their service encounters that are both satisfying and dissatisfying.
The critical incident technique (CIT) is a studies approach in which the studies player is asked to consider and describe a time when a behavior, action, or prevalence impacted (either definitely or negatively) a precise outcome (as an example, the accomplishment of a given assignment).
An instance of the critical incidents method is an interview being taken of the incumbent of the job to recognize the data of the activity. Those records are collected by way of various techniques like questionnaires and surveys as well and can be used for organizational improvement and market studies.
Learn more about critical incidents here: https://brainly.com/question/9593269
#SPJ4
The deadweight loss from a tax is likely to be greater with a good that has Select one: a. many substitutes. b. an inelastic demand. c. few substitutes. d. an inelastic supply.
The deadweight loss from a tax is likely to be greater with a good that has many substitute.
What is deadweight loss?This refers to scenario, tax imposed create loss of economic sufficiency; when the supply of goods and services aren't met.
Dead weight loss is the inefficiency that occurs when the market is not in equilibrium.
Learn more about deadweight loss here: https://brainly.com/question/26362939
#SPJ1
Suppose demand for soy beans, which are sold in a perfectly competitive market, permanently increases. What will happen to the price and quantity of soy beans in the long-run
Answer:
price will increase and the quantity will fall over time
Why would the insurance commissioner examine the records of an insurance company?
Each approved insurer's affairs, transactions, accounts, records, papers, and assets must be examined by the commissioner as often as they are deemed necessary.
A minimum of once every five years is required for the commissioner to conduct this type of examination on each insurer holding a certificate of authorization or certificate of registration. An alien insurer may only have its insurance dealings in the United States under examination.
The commissioner must take into account factors like financial statement analyses and ratios, changes in management or ownership, actuarial opinions, reports from independent certified public accountants, and other standards outlined in the examiner's handbook, which was adopted by the National Association of Insurance Commissioners and was in effect at the time the examination was scheduled and decided upon the nature, scope, and frequency.
To learn more about Insurance Commissioner here
https://brainly.com/question/8630024
#SPJ1
What is the difference between an open listing and an exclusive listing goldcoast?
Realtors in the area may compete to find a buyer for the house with an open listing. The sole agent is encouraged to work hard to finalize the deal by an exclusive listing.
A house that is up for sale and can be visited by numerous agents is called an open listing in real estate. The agents compete with one another to sell the property.
The opposite of an open listing is an exclusive listing, in which the property owner engages a real estate agent with the understanding that the agency has the sole authority to represent the owner and sell the property.
To learn more about Open Listing here
https://brainly.com/question/8065359
#SPJ1
Provisions that a party agrees to perform only if the other side also does what it promised are called Group of answer choices choice of forum provisions. conditional promises. reciprocal promises. riders.
If the provisions are reciprocal promises this means that they are each enforceable independently.
What is Reciprocal Promise ?These promises that the promisee does to form the consideration form an agreement.
When you go to a shop, the shopkeeper agrees to give you the product in exchange for money. This is an example of a reciprocal promise where you promise to pay the value of the product and the shopkeeper promises to give you the goods on receipt of the payment.Under Reciprocal Promise both parties promise each other to do something in the future. So, the first promise forms the consideration for the second promise and second promise forms the consideration for the first promise.Learn more about Reciprocal Promise here:
https://brainly.com/question/27882100
#SPJ4
An increase in the interest rate: Group of answer choices reduces planned investment because the interest rate is the cost of borrowing to finance investment projects. increases planned investment because people who make money from interest have more money to invest. has no effect on investment. may be caused by a drop in investment demand.
An increase in the interest rate reduces planned investment because the interest rate is the cost of borrowing to finance investment projects.
The Fed's intention when raising the federal funds target rate is to raise the cost of credit across the board. Everyone ends up paying more in interest since higher interest rates make loans more expensive for both firms and consumers.The cost of borrowing is represented by interest rates, therefore when the Fed increases its target rate, borrowing money becomes more expensive. Mortgage rates increase as a result of banks having to pay more to borrow money and as a result of charging people and businesses more interest as well.Why interest rates are increased?
Higher borrowing costs eventually slow borrowing and thus economic activity. This should eventually slow inflation, which is the objective of central banks in raising interest rates.Learn more about increased interest rates brainly.com/question/13000504
#SPJ4
Why is it misleading to compare a company’s financial ratios with those of other firms that operate within the same industry?
Comparing financial ratios of companies within the same industry may be misleading because some companies may have investments in other industries that could distort the comparison.
Why do small business owners compare their ratios to other firms in the same industry?
Ratios can highlight trends in specific industries and establish benchmarks for measuring the performance of all industry participants. Small businesses can compare their success to the performance of the industry as a whole by using industry benchmarks to develop organizational strategies.
Why is it complicated to compare a given ratio of two companies operating in different sectors industries?
It could be necessary to compare various divisions to various industry averages. Very large corporations may be made up of various divisions that produce various goods or provide various services. To make ratio analysis meaningful, distinct industry averages must be employed for each respective division.
Learn more about Ratio analysis: https://brainly.com/question/20715261
#SPJ4
XTen Enterprises has been holding system-wide group sessions lasting a few days during which participants identify trends and establish ways to adapt to those changes. X Ten is using ______.
X Ten is using future search conferences.
What are future search conferences?A Future Search conference allows a community or organization to present its vision for the future. It involves a huge number of players in a highly structured procedure.Participants begin by focusing on the past, creating a chronology of major events in the world, their own lives, and the history of the future search topic. Then, using mind mapping, they visualize everything that is relevant in the present, looking for trends and patterns.A future search conference assists a group of people in developing a series of future possibilities and agreeing on a plan of action, which is important since participants include those with the authority to make it happen.As X Ten Enterprises has been holding system-wide group sessions lasting a few days during which participants identify trends and establish ways to adapt to those changes.
Therefore, X Ten is using future search conferences.
Know more about future search conferences here:
https://brainly.com/question/17739296
#SPJ4
Bella and John are getting married in two months. They pay the company, Wonderful Weddings, to coordinate and plan their wedding. In the context of marketing, this scenario best illustrates a(n)
An exchange in marketing is illustrated when Bella & John pays the company known as Wonderful Weddings to coordinate and plan their wedding.
What is an exchange in marketing?In marketing, this refers to the process whereby an individual or organisation decides to satisfy a need or want by offering some money or goods to the party to satisfy such want or need.
An exchange is normally supposed to produce an utility in the marketing context because it refers to the value of what you trade which is less than the value of what you receive from the trade.
The types of exchange in marketing are:
Restricted Exchanges Generalized ExchangesComplex ExchangesThe concept of an exchange happens, when both parties have to have something of value for each other.
Hence, an exchange in marketing is illustrated when Bella & John pays the company known as Wonderful Weddings to coordinate and plan their wedding.
Read more about exchange
brainly.com/question/25970050
#SPJ1
A salesperson should focus his or her sales resources on only one individual in the buying organization.​
A salesperson should focus his or her sales resources on only one individual in the buying organization.
The statement is false.
Top 5 skills for a career in sales:
Confidence - maintaining a positive mind-set.Resilience - communicating with conviction.Active listening - expertise in the customers' desires.Rapport building - promoting your personality.Entrepreneurial spirit - chronic self-development.The essential duty of a salesperson is selling. This responsibility consists of assembling the prospects, offering and demonstrating the goods, inducing the prospects to shop for, taking orders, and effecting income. a salesman needs to manual the customers in buying the products they want.
Your question is incomplete. Please read below to find the missing content.
A salesperson should focus his or her sales resources on only one individual in the buying organization.
True
False
Learn more about salesperson here: https://brainly.com/question/25743891
#SPJ4
Total surplus can be used to measure a market’s efficiency. is the sum of consumer and producer surplus. is the value to buyers minus the cost to sellers. all of the above are correct.
The total surplus;-
can be used to measure a market’s efficiency.is the sum of consumer and producer surplus.is the value to buyers minus the cost to sellers.The total market surplus is a measure of the overall welfare of all market participants. It is the sum of consumer surplus and producer surplus. Consumer surplus is the difference between the willingness to pay for a product and the price consumers actually pay.
If you are looking for a mutual fund as a stand-alone investment or as a core holding in a diversified portfolio, an all-stock index fund is a good choice. However, it should be noted that while all equity index funds offer a wide range of diversification, they carry the same level of market risk as any other equity investment.
Learn more about total surplus here:https://brainly.com/question/14363851
#SPJ4
In setting a product's , a business needs to take into account the costs of producing, distributing, and promoting the product as well as a profit margin.
When setting the price of a product, a company needs to take into account the costs of producing, distributing and promoting the product, as well as a profit margin.
How to set the product price correctly?It is essential that the company align its needs and objectives with the characteristics of the market and its business, in order to define a compatible and competitive price. It is essential to analyze income and expenses to establish an optimal balance in the pricing process, revising the strategy whenever necessary.
Therefore, it is essential that pricing is aligned to the market, to the fixed and variable costs of the business, considering its needs and goals for the business to be well positioned in the market.
Find out more about pricing here:
https://brainly.com/question/7452044
#SPJ1
haley learns that someone used her name to open a credit card account which consumer protection agency brainly
The bureau of the consumer protection that has to help Haley is the Federal Trade Commission.
What is the Federal Trade Commission?
This is the name that is used to refer to the bureau of consumer protection in the United States that helps tp protect the consumers in the nation from fraudulent practices.
The bureau is known for the fact that it helps to enforce antitrust laws in the nation. Another thing that the bureau helps to do is to ensure that the people are protected based on finance.
Hence this is the agency that Haley would have to report this issue to.
Read more on the Federal Trade Commission here
https://brainly.com/question/4716509
#SPJ1
According to the income effect, when the price of automobiles rises, people buy fewer automobiles because.
The purchasing power of their income is reduced.
What Is the Effect of Income?In microeconomics, the income impact is the shift in demand for a good or service brought on by a change in a consumer's purchasing power as a result of a change in real income. An increase in salary, for example, or a drop or rise in the cost of an item that is being purchased can produce this adjustment or free up existing income.
Examples of the Income Effect:
Think of a customer who typically buys a low-cost cheese sandwich to eat for lunch at work but occasionally treats themselves to a pricey hot dog. When hotdogs are more expensive relative to cheese sandwiches, people may feel as though they can't afford to treat themselves to a hotdog as frequently because the greater cost of their regular cheese sandwich reduces their real income.
In this instance, even though the price of the hotdog remains unchanged, the income effect outweighs the substitution effect, increasing demand for the cheese sandwich while decreasing demand for the hotdog, a regular commodity that might be substituted.
Learn more about automobiles with the help of the given link:
brainly.com/question/1193772
#SPJ4
JoePrivateCo intends to raise capital by selling 100 million shares of common stock in an IPO. The investment bank rep advising JoePrivateCo on the transaction estimates that comparable companies in its sector tend to trade at a multiple of 10 - 12 times 2010's expected earnings. The equity capital markets rep advising JoePrivateCo advises the company to price the shares at a 20% discount to satisfy demand for the securities. Assuming JoePrivateCo intends to float 40% of its total equity in the IPO, and assuming it expects its current trend in earnings growth to continue, what is the mean offering price for the transaction?
Assuming it expects its current trend in earnings growth to continue, the mean offering price for the transaction is: $4.94.
Mean offering priceFirst step is to find the rate or percentage
Percentage=($127 MM/ $115 MM) - 1
Percentage= 10.4%
Second step is to find the cost
Cost =$127 MM×(1 + 10.4%)
Cost = $140.3MM
Third step is to calculate the mean offering price
Mean offering price=[40%×(11 × $140.3MM)]× (1 - 20%)
Mean offering price=(40% × $1,542.8MM/100) × (1 - 20%)
Mean offering price = ($617.1MM / 100) × (1 - 20%)
Mean offering price = $6.17 × (1 - 20%)
Mean offering price= $4.94
Therefore assuming it expects its current trend in earnings growth to continue, the mean offering price for the transaction is: $4.94.
Learn more about mean offering price here:https://brainly.com/question/19104371
https://brainly.com/question/27819027
#SPJ1
An investor is planning to invest a total of $15,000 in two accounts, one paying 4% annual simple interest, and the other 3%. If he wants to earn $550 annually in interest, how much should he invest at each rate
The amount that should be invested in the account that yields a 4% interest is $10,000.
The amount that should be invested in the account that yields a 3% interest is $5,000.
What are the linear equations that represent the question?a + b = 15,000 equation 1
0.04a + 0.03b = 550 equation 2
Where:
a = amount invested in the account that yields a 4% interest
b = amount invested in the account that yields a 3% interest
How much should be invested at each rate?Multiply equation 1 by 0.04
0.04a + 0.04b = 600 equation 3
Subtract equation 2 from equation 3
0.01b = 50
b = 50 / 0.01
b = 5000
Subtract 5000 from 15,000
15000 - 5000 = 10,000
To learn more about linear functions, please check: https://brainly.com/question/26434260
#SPJ1
Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30% drop in the sales of SUVs. What can you say about elasticities?
The elasticity of demand for gasoline is inelastic.
The cross price elasticity of gasoline and SUVs is negative.
What is the elasticity of demand and cross price elasticity?Price elasticity of demand measures the responsiveness of quantity demanded to a change in price of the good. Price elasticity of demand is determined by dividing the percentage change in quantity demanded for a good by the price of that good.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity when demand is inelastic would be less than one
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
5% / 20% = 0.25
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B. . Cross price elasticity is used to determine if two goods are substitute goods or complement goods. If cross price elasticity of demand is negative, it means that the goods are complementary goods.
Cross - price elasticity = -30% / 20% =-1.5
To learn more about price elasticity of demand, please check: https://brainly.com/question/18850846
#SPJ1
During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasure yacht for a $1,000 loss. Presuming adequate income, how much of these losses may Kim claim
Kim can claim (A) $2,000.
What are assets?In financial accounting, an asset is any resource that a corporation or economic organization owns or controls. It is anything (tangible or immaterial) that can be utilized to generate positive economic value. Assets indicate the worth of ownership that may be transformed into cash (although cash itself is also considered an asset). A company's balance sheet details the monetary value of its assets. It protects money and other assets belonging to an individual or a corporation.To find how much Kim can claim:
The $1,000 loss on the business auto is an ordinary loss.Whereas the $1,000 loss on the stock investment is a capital loss. The $1,000 boat loss is personal and hence cannot be subtracted.Therefore, Kim can claim (A) $2,000.
Know more about assets here:
https://brainly.com/question/25746199
#SPJ4
The question you are looking for is given here:
During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasure yacht for a $1,000 loss. Presuming adequate income, how much of these losses may Kim claim?
a. $2,000
b. $1,000
c. $0
d. $3,000
e. None of these choices are correct.
_____ are the link between public companies and the investors interested in buying their stock.
Stockbrokers are the link between public companies and investors interested in buying their stock.
A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who can carry out transactions for financial market participants, including the buying and selling of stocks and other investments, in exchange for a commission, markup, or fee that may be based on a flat rate, a percentage of assets, or an hourly rate. The phrase also refers to financial institutions that provide these services.
A stockbroker is held to a great deal of accountability. They must stay current on the most recent tax legislation, market analysis, and financial news in addition to managing their clients' money in order to give them the highest return.
A stockbroker's main responsibility is to act as a broker in the sale of stocks and other investments. A stockbroker works for an investment company and typically receives a commission for recommending mutual funds, stocks, and bonds to potential clients.
To know more about stockbroker refer to: https://brainly.com/question/14915473
#SPJ1
By raising the discount rate, the fed leads banks to make _________ loans to households and firms, which will _________ checking account deposits and the money supply.
By raising the discount rate, the fed leads banks to make fewer loans to households and firms, which will decrease checking account deposits and the money supply. In a discounted cash flow (DCF) analysis, the discount rate is the interest rate that is used to calculate the present value of future cash flows.
This aids in determining whether the cash flows from a project or investment will be more valuable than the capital expenditure required to fund it in the present. For instance, if an investor invests $1,000, they anticipate a 10% return after a year. In that instance, 10% should be used as the discount rate.
To learn more cash flows, click here.
https://brainly.com/question/15046681
#SPJ4
You have just opened a new Italian restaurant in your hometown where there are three other Italian restaurants. Your restaurant is doing a brisk business and you attribute your success to your distinctive northern Italian cuisine using locally grown organic produce. What is likely to happen to your business in the long run
Your success will invite others to open competing restaurants and ultimately your profits will be driven to zero.
What is Managerial Economics?A subfield of economics called managerial economics deals with the use of economic principles in managerial decision-making. Economics is the study of how products and services are produced, distributed, and consumed. In managerial economics, choices on how to distribute finite resources are made using economic theories and principles.Economic frameworks are used by managers to maximize earnings, resource allocation, and overall firm production while enhancing productivity and reducing wasteful activities. These frameworks analyze real-world issues at the micro and macroeconomic levels in order to help firms make intelligent, forward-thinking decisions. Managerial economic techniques help to guide managers in these decisions. Managerial decisions entail forecasting (making decisions about the future), which involves levels of risk and uncertainty.When trade or business is brisk, a lot of money is being made and goods are being sold extremely quickly. Souvenir vendors were doing good business. Since, the restaurant is doing a brisk business, this success will invite others to open competing restaurants and ultimately your profits will be driven to zero.
Know more about Managerial Economics with the help of the given link:
https://brainly.com/question/20353892
#SPJ4
Howard is assessing the legal risks to his organization based upon its handling of PII. The organization is based in the United States, handles the data of customers located in Europe, and stores information in Japanese datacenters. What law would be most important to Howard during his assessment
If Howard is assessing the legal risks to his organization based upon its handling of PII. What law would be most important to Howard during his assessment are: Japanese law, European union law, U.S. law
What is Legal risks?Legal risks has to do with legal matters or issues that arises for non compliance with a rules and regulation and can be defined as the risks that a person face for not abiding by the law that related to the person business.
Hence, If Howard is assessing the legal risks to his organization based upon its handling of PII what law would be most important to Howard during his assessment are Japanese law, European union law, U.S. law as all the law will tend to have equal weight.
Learn more about legal risks here:https://brainly.com/question/26463698
#SPJ1
When there are many buyers and sellers, no significant barriers to entry, and a differentiated product, the market structure is called
The market structure where there are many buyers and sellers, no significant barriers to entry, and a differentiated product is a monopolistic competition.
What is a monopolistic competition?
A monopolistic competition is when there are many buyers and sellers of differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. A firm in a monopolistic industry sets the price for its goods and services.
An example of monopolistic competition are restaurants.
To learn more about monopolistic competition, please check: https://brainly.com/question/21052250
#SPJ1
What are called public services? Give any five examples.
Answer:
Supplying gas or electricity MilitaryPublic transportation ( Bus, Trains+)Emergency services Public broadcasting ( includes television, radio+)Explanation:
hopefully this helps !
Explanation:
Supplying gas or electricityMilitaryPublic transportation ( Bus, Trains+)Emergency servicesPublic broadcasting ( includes television, radio+)Thanking myself for the wonderful answer <33