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Varvara68 [4.7K]
2 years ago
6

In the united states, the average person mostly patronizes firms that operate in?

Business
1 answer:
Likurg_2 [28]2 years ago
3 0

In the united states, the average person mostly patronizes firms that operate in Monopolistic Competitive Market.

Monopolistic Competitive Market is a kind of market structure where numerous associations are accessible in an industry, and they produce relative yet isolated things.

None of the association participate in a partnership, and every association work unreservedly no matter what the engaging quality of various association. The market structure is a type of Imperfect Competition.

Imperfect Competition alludes to the circumstance where the characteristics of a market don't satisfy every one of the essential states of an entirely serious market and consequently, it cause market weaknesses when it ends up actually working, and bringing about market disappointment.

To learn more about Monopolistic Competitive Market.

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You live in a town with 300 adults and 200 children, and you are thinking about putting on a play to entertain your neighbors an
vredina [299]

Answer:

Explanation:

a) To maximise profit, we would charge a price of 7 for adults and a price of 4 for children.

Profit would be = 7 x 300 + 4 x 200

Profit = 2900

This is the maximum profit other than fixed cost

b) If we have to keep one price of the ticket, then it would be 7. This would yeild a profit of 2100

c) From the law, the adults dont get any benefit, rather the children are in best position of free ticket

d) Fixed cost wont effect the answers above as long as the price and numbers of participants wont change

6 0
3 years ago
Company X has 100 shares outstanding. It earns $1,000 per year and expects to pay all of it as dividends. If the firm expects to
Leno4ka [110]

Answer:

The stock price after the dividend payment is $100 per share

Explanation:

According to the data the Dividend per year is $1,000  and the Required Rate of Return is 10% .

Hence, in order to calculate the stock price after the dividend payment we have to use the following formula first:

Stock price = [Total Dividend amount / Required rate of return]

Stock price  = [$1,000 / 0.10]

Stock price = $10,000

Finally the Stock price after the dividend payment. = [Total Stock Value / Number of outstanding shares]

Total Stock value = $10,000

Number of outstanding shares = 100 shares

Stock price after the dividend payment = [$10,000 / 100 shares]

Stock price after the dividend payment = $100 per share

4 0
3 years ago
a city or county’s master plan is an example of government land-use controls where the authority is derived from the government’
Elina [12.6K]

it is derived from the government’s Police Power  According to United States constitutional law, the police power is the ability of the states to control conduct and uphold law and order on their soil for the benefit of their citizens' general welfare, safety, morals, and general well-being.

<u>What </u><u>elements </u><u>make up </u><u>police power?</u>

  • The use of police authority has historically entailed the ability to
  • (1) advance public health, morality, or safety, as well as the community's overall well-being;
  • (2) create and enforce laws to advance the common welfare; and
  • (3) restrict private rights in the public interest.

To Learn more about police power, click the links.

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4 0
1 year ago
Choose the correct alternative regarding tax revenue:
insens350 [35]

The correct alternative regarding tax revenue:

<u>B-Personal income tax is currently the largest source of government revenue in South Africa.</u>

<u>Direct </u><u>Taxes</u>

  • it is levied on earnings and activities conducted.
  • the burden of tax cannot be shifted in case of direct tax.
  • it is paid directly by individual concerned.
  • it is paid after the income reaches in the hands of the taxpayer
  • Tax collection is difficult.
  • instance income tax, wealth tax etc.

<u>Indirect </u><u>Taxes</u>

  • it is levied on product or services.
  • the burden of tax shifted for indirect taxes
  • It is paid by way of one man or woman however he recovers the same from another person i.e. person who actually bear the tax ultimate consumer.
  • it is paid before goods/service reaches the taxpayer.
  • Tax collection is exceptionally easier
  • Example GST, excise duty custom duty sale tax carrier tax

Learn more about Tax brainly.com/question/16423331

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5 0
2 years ago
For workers, "going on strike" means
scZoUnD [109]

Hello.

For workers, "going on strike" means refusing to work until certain demands are met. An example being a bunch of protesters wanting a payraise.

5 0
3 years ago
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