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DENIUS [597]
1 year ago
10

in many large u.s. cities, taxicabs operate as near monopolies because of: patents. licenses. economies of scale. control of ess

ential resources.
Business
1 answer:
Verizon [17]1 year ago
4 0

In many large U.S. cities, taxicabs operate as near monopolies because of licenses.

A monopoly is a scenario in which there's a single vendor inside the marketplace. In conventional financial analysis, the monopoly case is taken because of the polar opposite of ideal opposition. by way of definition, the call for the curve facing the monopolist is the industry call for the curve which is downward sloping.

A franchised monopoly refers to an enterprise, or man or woman, that is sheltered from opposition by way of distinctive features of a distinct license or patent granted by means of the authorities because the government believes it to be a useful component of the financial system.

A monopoly is a firm that is the sole supplier of its product, and wherein there aren't any near substitutes. An unregulated monopoly has marketplace strength and might affect costs. Examples: Microsoft and windows, DeBeers and diamonds, your nearby natural gas employer.

Learn more about monopolies here brainly.com/question/13113415

#SPJ4

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Carla Vista Company reports the following operating results for the month of August: sales $385,000 (units 5,500), variable cost
Neko [114]

Answer and Explanation:

The computation is shown below:

1.  

Selling Price = Sales ÷  Units Sold

Current Selling Price = $385,000 ÷  5500

= $70

Now

Expected Selling Price per unit = $70 + ($70× 10%)

= $77

Now

Expected Sales = 5500 × $77

= $423,500

Now

Net Income = Sales - Variable Cost - Fixed Cost

= $423,500 - $250,000 - $94,000  

2.  

Sales = $385000

Variable cost = $385,000 × 56% = $215,600

Sales                     $385,000

Less: variable cost -$215,600

Contribution Margin $169,400

Les: fixed cost          -$94,000

Net Income               $75,400

As we can see that if there is an increase in Selling Price by 10% so it would produce highest Net Income.

3 0
3 years ago
Why do courts permit fraud to disrupt genuine agreement in a contractual setting?
WARRIOR [948]
I’m pretty sure it has something to do with trial lengths and the sort
3 0
3 years ago
4. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. TIP
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The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of
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Answer:

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4 0
3 years ago
"Auditors should be familiar with the terminology employed in IT processing. The following statements contain some of the termin
mr Goodwill [35]

Answer:

Explanation:

Step 1:

the auditor is required to provide reasonable assurance for the financial statement audited.To provide such reasonable assurance,appropriate evidence must be obtained to confirm that no material misstatement material is present in the financial statement

Step 2:

For each statement select true or false in the following manner

a. A recent improvement in computer hardware is the ability to automatically produce error listings. Previously, this was possible only when provisions for such a report were included in the program.

FALSE

b. The control of input and output to and from the information systems department should be performed by an independent data control group.

TRUE

c. An internal-audit computer program that continuously monitors IT processing is a feasible approach for improving internal control in OLRT systems.

TRUE

d. An internal label is one of the controls built into magnetic tape drive hardware by the hardware manufacturers.

FALSE

e. A limit test in a computer program is comparable to a decision that an individual makes in a manual system to judge a transaction's reasonableness.

TRUE

f. A principal advantage of using magnetic tape files is that data need not be recorded sequentially.

FALSE

g. A major advantage of disk files is the ability to gain random access to data on the disk.

TRUE

h. The term grandfather-father-son refers to a method of protecting computer records rather than to generations in the evolution of computer hardware.

TRUE

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TRUE

3 0
3 years ago
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