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1 year 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

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Tara purchased a machine for $40,000 to be used in her business. The cost recovery allowed and allowable for the three years the

nexus9112 [7]

Answer:

c. $11,480

Explanation:

Given that

Cost recovery allowed Cost recovery allowable

Year 1 $16,000 $8,000

Year 2 $9,600 $12,800

Year 3 $5,760 $7,680

The computation of gain should Tara recognize is shown below:-

Cost $40,000

Less:

Greater cost of recovery

allowable or allowed

Year 1 $16,000

Year 2 $12,800

Year 3 $7,680 $36,480

Adjusted basis $3,520

Gain to be recognized = Residual value - Adjusted basis

= $15,000 - $3,520

= $11,480

So, for computing the gain to be recognized we simply deduct the adjust basis from residual value.

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3 years ago

Aldo has just been audited by the IRS. He does not agree with the agent's findings but believes that he has only two choices: pa

vivado [14]

Answer is given below :

Explanation:

In many audit disagreements that remain unresolved at the agent level, the taxpayer should consider the appeal to the Appeals Division.
Although it is part of the IRS, it has the power to resolve audit disputes. It has more settlement power than the agent.
In many cases, an agreement is reached in the appeals section, which can avoid an expensive and time consuming trial.

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2 years ago

Which of the following words is not spelled correctly? a. guitar c. cost b. amiga d. war

kari74 [83]

Amiga should be amigo if it is Spanish

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3 years ago

Read 2 more answers

City Auto Parts recently traded in store fixtures. The exchange had commercial substance. The old fixtures had a cost of $48,000

IRISSAK [1]

Answer:

The correct option is true

Explanation:

The book value of the old fixtures at the date of exchange which is the cost less accumulated depreciation till date is computed thus:

Book value of old fixtures=$48,000-$14,000=$34000

Expected cash payable by the company for the new fixtures is the market value of the new fixtures minus the carrying value of the old fixtures.

Expected cash=$117,000-$34,000=$83,000.00

Loss on the exchange =cash paid -expected cash payable=$101,000-$83,000=$18000

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2 years ago

Devonshire Ventures is a large snack-food conglomerate that operates in more than 50 countries and employs more than 80,000 peop

san4es73 [151]

Answer:

D) a transnational strategy

Explanation:

From the description, Devonshire Ventures seems to be seeking a balance between local responsiveness and global integration hence said to use a transnational strategy. Another reason is because their operations and communication are between borders and beyond geographical boundaries so that each division can learn from each other globally.

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3 years ago