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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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indicates that there can be a performance decrease as a team goes through the storming phase of team development. During the sto
vesna_86 [32]

Answer:

a. Team performance curve

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

Team performance curve indicates that there can be a performance decrease as a team goes through the storming phase of team development. During the storming phase in team development, team performance declines for a period of time as conflicts emerge regarding goals and contributions of team members.

8 0
2 years ago
"The average monthly rent for a two-bedroom apartment in City A is $820 with a standard deviation of $86. The average monthly re
notsponge [240]

Answer:

Explanation:

 We shall apply the concept of coefficient of variation to know the consistency of data

coefficient of variation

= standard deviation / mean or average

In case of City A

coefficient of variation  = 86 / 820

= .1048

In case of City B

coefficient of variation  = 75 / 790

= .0949

Since it is less for city B , rent for this city is more consistence or with less of variation

So the conclusion  is false.

5 0
3 years ago
The current price of a certain non-dividend-paying stock is $120.00. The future 2 pri ce is characterized by the following proba
rjkz [21]

Answer:

Non-Dividend-Paying Stock

i) Calculation of the expected future price:

EVENT   PROBABILITY   FUTURE PRICE P   RETURN R

A                 0.18                      $180                   $32.40

B                 0.09                     $108                     $9.72

C                 0.3                        $90                   $27.00

D                0.25                       $81                   $20.25

E                 0.18                    $225                   $40.50

Total           1.0                 $129.87                 $129.87

Future price = the expected returns = $129.87

ii) Calculation of the return in each of the five events:

EVENT   PROBABILITY   FUTURE PRICE P   RETURN R

A                 0.18                      $180                   $32.40

B                 0.09                     $108                     $9.72

C                 0.3                        $90                   $27.00

D                0.25                       $81                   $20.25

E                 0.18                    $225                   $40.50

iii) Calculation of the expected return:

EVENT   PROBABILITY   FUTURE PRICE P   RETURN R

A                 0.18                      $180                   $32.40

B                 0.09                     $108                     $9.72

C                 0.3                        $90                   $27.00

D                0.25                       $81                   $20.25

E                 0.18                    $225                   $40.50

Total           1.0                                                 $129.87

Explanation:

a) Data & Calculations:

EVENT   PROBABILITY   FUTURE PRICE P   RETURN R

A                 0.18                      $180                      ?

B                0.09                      $108                      ?

C                 0.3                        $90                      ?

D                0.25                       $81                      ?

E                  ?                        $225

If stock A does not pay dividend, it will attract capital appreciation which compensates for the unpaid dividends since the company has increased assets over liabilities.  When the assets grow more than the liabilities from the reinvestment of the profits, the net value of the business which is the equity increases.  This capital growth belongs to the stockholders and  is distributable to them in the form of the future price of the stock, which appreciates with the capital growth.

3 0
3 years ago
Exercise 7-8 Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $105. Duri
never [62]

Answer:

The Journal entries are as follows:

(i) On March 1,

Petty cash A/c       Dr. $105

To cash                                  $105

(Petty cash balance)

(ii) During March,

Stamp inventory A/c                                      Dr.  $38

Freight out A/c                                               Dr.  $14

Misc. Expenses A/c (12+8)                             Dr.  $20

Travel Expenses A/c                                      Dr.  $25

over / short A/c (105 -38-14-20-25-6)           Dr.  $ 8

To cash                                                                               $105

(Petty cash received)

(iii) On March 20,

Petty cash A/c (190-105)      Dr. $85

To cash                                               $85

(Petty cash fund increased to $190)

5 0
3 years ago
You just received an insurance settlement offer related to an accident you had three years ago. The offer provides you with thre
nevsk [136]

Answer:

You just received an insurance settlement offer related to an accident you had three years ago. The best choice is Option C: $85,000 as a lump sum payment today.

Explanation:

Whereas in option A, which is $1,500 a month for 6 years,

you will accumulate a total of $1,500 × 72 = $108,000

For Option B, $1,025 a month for 10 years,

you will accumulate a total of $1,025 × 120 = $123,000

Option C which is $85,000 a a lump payment today is the best option because,

You can invest it at 7.5 percent earnings which will generate

$85,000 × 7.5/100  = $6,375 annually

with an annual earning of $6,375, you can accumulate the following in 6 years

$6,375 × 6 = $38,250

when you add it to the lump sum, you will get

$85,000 × $38,250 = $123,250

Furthermore,

with an annual earning of $6,375, you can accumulate the following in 10 years

$6,375 × 10 = $63,750

when you add it to the lump sum, you will get

$85,000 × $63,750 = $148,750

Therefore, with Option C, you will earn more.

You will get more than option A&B within 6 years and the cumulative sum for 10 years is far better than option B.

7 0
3 years ago
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