All categories

2 years ago

One problem with government operation of monopolies is that?

1 answer:

6 0

One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.

<h3>What is a monopoly?</h3>

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.

An example of a monopoly is a utility company

Here is the complete question:

One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.

To learn more about monopolies, please check: brainly.com/question/10441375

#SPJ1

You might be interested in

you are considering investing in general motors (GM). which of the following is an example of diversifable risk? a. risk resulti

Maru [420]

Answer:

d. risk resulting from an expected automobile industry shock g

Explanation:

Non systemic risk are risks that can be diversified away. they are also called company specific risk or industry specific risk . Examples of this type of risk is a manager engaging in fraudulent activities and risk resulting from an expected automobile industry shock

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

7 0

3 years ago

Selected information from Dinkel Company's 2018 accounting records is as follows: Proceeds from issuance of common stock $ 800,0

pochemuha

Answer:

Dinkel's statement of cash flows for the year ended December 31, 2018, would show net cash provided (used) by financing activities of $2,750,000.

Explanation:

Dinkel Company

Statement of cash flows (extract)

Proceed from issuance of common stock $800,000

Proceed from issuance of bonds 2,400,000

Cash dividend on common stock paid (290,000)

Cash dividend on preferred stock paid (120,000)

Purchase of treasury stock (240,000)

Proceed from sale of stocks 200,000

Net cash provided (used) by financing activities $2,750,000

3 0

3 years ago

Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for

Fittoniya [83]

Answer:

$174,781.20

Explanation:

I will do the calculations in 3 stages. You won`t go wrong if you follow these.

Equivalent Units
Total Unit Cost
Total Cost to be transferred to next department

<u>Calculation of Equivalent Units of Production with respect to Raw Materials and Conversion Costs</u>

1. Raw Materials

Ending Work In Process Inventory (2,300 × 70 %) = 1,610

Completed and Transferred to Finished Goods (6,600 × 100%) = 6,600

Equivalent Units of Production with respect to Raw Materials = 8,210

2. Conversion Costs

Ending Work In Process Inventory (2,300 × 55 %) = 1,265

Completed and Transferred to Finished Goods (6,600 × 100%) = 6,600

Equivalent Units of Production with respect to Conversion Costs = 7,865

<u>Calculation of Total Unit Cost of Production with respect to Raw Materials and Conversion Costs.</u>

Unit Cost = Total Cost (Beginning + Current) ÷ Total Equivalent Units

1. Materials

Unit Cost = ( $ 7,900 + $ 111,000) ÷ 8,210

= $14.482 (3 decimal places)

2. Conversion Cost

Unit Cost = ( $ 3,200 + $ 84,100) ÷ 7,865

= $12.00 (3 decimal places)

3. Total Unit Cost

Total Unit Cost = Materials + Conversion Costs

= $14.482 + $12.00

= $ 26.482

<u>Calculation of total cost of units completed and transferred from the first processing department to the next processing department</u>

Total Cost = Units Completed and Transferred × Total Unit Cost

= 6,600 × $ 26.482

= $174,781.20

8 0

3 years ago

If the quote for a Treasury bond is listed in the newspaper as 99.25 bid, 99.26 ask, the actual price at which you can sell this

Inga [223]

Answer:

$9,925

Explanation:

actual selling price = bid price (shown in %) x bond's par value = 99.25% x $10,000 = $9,925

The ask price is the price at which sellers want to sell their bonds, while the ask price is the price at which buyers will purchase a bond. Usually the ask price is higher than the bid price. If you wanted to purchase the bond, you would end up paying the ask price or $9,926.

7 0

3 years ago

The required rate of return on a bond is:

____ [38]

Answer:

None of these choices are correct.

Explanation:

The required rate of return is the minimum return an investor expects to achieve by investing in a project, or in other words,

The required rate of return on a bond is the return that a bond issuer must offer in order to entice investors to purchase the asset.

They are predominantly set by market forces and determined by the price at which issuers and investors agree.

7 0

3 years ago