When one firm is able to dominate the market and no other firm is able to enter the market, a(n) ______________ has formed.

Business

1 answer:

matrenka [14]3 years ago

3 0

B. Monopoly is the correct answer

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Using the following information, prepare a vertical analysis of two years' income statements. Fees Earned is $153,500 for Year 2

ValentinkaMS [17]

Answer:

(B) Operating income has increased as a percentage of revenue

Explanation:

Conducting a vertical analysis,

Operating income (year 1) = Fees earned, less operating expenses

= 149,700 - 127,245 = $22,455

Therefore operating income as a percentage of revenue = 22,455/149,700 = 15%.

Operating income (year 2) = 153,500 - 122,800 = $30,700

Therefore operating income as a percentage of revenue = 30,700/153,500 = 20%.

Therefore, operating income as a percentage of revenue increased from year 1 to year 2.

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Is a worker's human capital and his or her resulting productivity the ONLY determinants of that person's wage or salary?

stich3 [128]

The correct answer is

<span>No, like all resources, supply and demand also affect how much a worker is paid.

For example, a worker doing the same computer job might be paid more in New York than in other places: this has to do with the fact that the demand and supply (in form of workers ready to work in NY for a certain wage) are different in those two places</span>

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3 years ago

Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will

VashaNatasha [74]

I believe the answer is: A. Cars typically lose the most value in the first year after purchase

As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.

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3 years ago

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The federal agency that now oversees the naturalization process is the u.s. ___________

erma4kov [3.2K]

The federal agency that now oversees the naturalization process in the U.S. is citizenship and immigration services. This organization is in charge of people come in and out of the country. This also applies to those not from America wanting to work legally, in the United States.

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3 years ago

Camilia Communications reported the following figures from its adjusted trial balance for its first year of business, which ende

Gwar [14]

Answer: The answer is provided below

Explanation:

The solution to the question has been properly analysed and the journal and net income has been provided.

It should be noted that in the calculations, the expenses were deducted from the revenue in order to get the net income. The gross profit was gotten by deducting the cost of goods sold from the sales revenue which was: ($29,200 - $18,700) = $10,500.

Other necessary information have been attached.

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3 years ago