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2 years ago

Free entry means that:________

Business

1 answer:

g100num [7]2 years ago

4 0

The correct option is (c) no legal barriers prevent a firm from entering an industry.

No legal barriers:

Non-legal writing non-legal careers anything unrelated to the law or the legal profession.

Because, the industry is free and flexible for enter and exit and no other government interventions will be applicable in that free entry no barriers is there and movability will be $100%$ for any industry.

Not option (a) Because, the government really levies admission fees for certain types of businesses due to the legal issues surrounding certain businesses and fields, hence they never reimburse the fees.

Not option (b) because, Because it is a government supported program and private businesses cannot participate for free, only semi-government or completely government can do the same, government financed research never helps in sustaining in lower cost patients and hurdles.

Not option (c) because, If a company is operating a successful and reliable business, its marginal cost cannot be zero, and thus will normally not provide free entrance into any industry or type of business.

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If you need a home loan or a small business loan, you’ll talk to:

____ [38]

I am not 100% sure but I think it would be B a loan officer

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4 years ago

Read 2 more answers

In Japan, it's called kuroi kiri (black mist), in Germany, it's schmiergeld (grease money), Mexicans refer to la mordida (t

romanna [79]

Answer:

The answer is bribery.

Explanation:

Bribery is a term used to describe the unethical practice by which a person or group of persons give/promise money or gifts to another person or a group of persons (the recipient) in order to make the recipient take actions that would favour the giver.

Bribery mostly takes place in public institutions where the recipient is most likely a public official. It is important to note that Bribery does not only describe giving. It also implies taking. Thus both givers and recipients of bribes are guilty of bribery.

The unethical practice called bribery has universal spread as evident in the local name given to it by citizens of different countries. In Japan, it is known as kuroi kiri (black mist). Germans call it schmiergeld (grease money), Mexicans say la mordida (the bite), the French refer to it as pot-de-vin (jug of wine), while Italians call it bustarella (little envelope).

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4 years ago

Zhang Industries budgets production of 300 units in June and 310 units in July. Each finished unit requires 4 pounds of raw mate

baherus [9]

Answer:

Option (E) is correct.

Explanation:

Production require in pounds = Budgets production in June × pounds of raw material K requires

= 300 units × 4

= 1200

Total production require in pound:

= Production require in pounds + Ending inventory × pounds of raw material K requires

= 1200 + (30% × 310 units) × 4

= 1200 + 93 × 4

= 1200 + 372

= 1,572

Budgeted purchases for raw material K for June:

= Total production require in pound - Beginning balance

= 1,572 - 360

= 1,212

5 0

4 years ago

Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. (The real is Brazil’s national

SVETLANKA909090 [29]

Answer:

1. Variable cost = $0.125/mile and Fixed cost = $16,225

2. x = $16,225 + $0.125 × y

3. total maintenance cost = $21,600

Explanation:

Requirement 1

We know,

Variable cost using high-low method = (Total highest cost - Total lowest cost) ÷ (Highest activity - Lowest activity)

Given,

Highest activity = 31,400 miles (March)

Lowest activity = 13,400 miles (April)

Total highest cost = $20,150 (March)

Total lowest cost = $17,900 (April)

Therefore,

Variable cost using high-low method = ($20,150 - $17,900) ÷ (31,400 - 13,400) miles

Variable cost using high-low method = $2,250 ÷ 18,000 miles

Variable cost using high-low method = $0.125 per mile

Again,

we know, Total cost = Fixed cost + Variable cost

Using highest total cost and highest activities,

$20,150 = Fixed cost + $0.125 × 31,400 miles

or, $20,150 = Fixed cost + $3,925

or, Fixed cost = $20,150 - $3,925

Fixed cost = $16,225

Requirement 2 and 3

Requirement 2

The formula to express the cost behavior exhibited by the company's maintenance cost =

Let,

Total cost = x

Traveled by Tour Buses = y

As the fixed cost is fixed, the formula to express the answer =

x = $16,225 + $0.125 × y

It means, total cost = fixed cost + variable cost per miles driven.

Requirement 3

The level of maintenance cost that would be incurred during a month when 43,000 tour miles are driven =

total cost = fixed cost + variable cost per miles driven.

or, total cost = $16,225 + $0.125 × 43,000 miles

Total cost = $16,225 + $5,375

Therefore, total maintenance cost = $21,600

8 0

3 years ago

A company having difficulty with timely delivery of parts to its manufacturing plants should implement a supply chain ________ s

hodyreva [135]

Answer:

execution

Explanation:

A supply chain execution system focuses on making sure that all the supplies, parts, materials and components that you need are available and at the place that they are needed. Most ERP systems include a supply chain execution system but a company can only use a stand alone version to help them transportation, warehouse, order fulfillment and global trade management.

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3 years ago