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Alja [10]
3 years ago
5

Explain in detail what differences in demand that the monopoly ferry operator on the east coast island of Onus will experience c

ompared to the demand that a single ferry operator will experience in the perfectly competitive west coast market of Yuri.
Business
1 answer:
WINSTONCH [101]3 years ago
5 0

Answer:

answer is given below

Explanation:

The monopoly looks at the demand curve of the entire market. A monopoly can reduce production and increase prices or increase production and lower prices for maximum efficiency.

Since the single ferry operator operates in a fully competitive market, this is cost-taking, meaning that the price they receive is set from the demand and supply of the ferry service in the market. Monopoly yachts are price settlers so they set their own prices.

Under optimal market conditions, the average total cost of maintaining a ferry its ferry is the lowest. But the monopoly boat does not operate at the optimum level and has additional potential in the market.

as  the competitive ferry service provider is allocated and economically efficient. There can be no monopoly.

Fully competitive markets tend to get caught up in the market-determined equilibrium price and look at the flat demand curve at the equilibrium price.

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Answer:

Physiological needs

Explanation:

Abraham Maslow developed the need hierarchy theory of motivation.  As per him, the urge to fulfill a need by an individual serves as primary factor of motivation.

Maslow specified the following needs in their order of hierarchy i.e from lowest to highest:

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In the given case, the vendor pays it's employees a higher wage than the minimum wages. These wages would help employees satisfy their basic physiological needs as conveyed by the term, "living wage".

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3 years ago
Validated changes and validated deliverables are the outputs of the ____________________ subprocess of project quality managemen
Usimov [2.4K]

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5 0
2 years ago
Shirley received $500 monthly sick pay under a welfare fund and $6,500 monthly under a disability insurance policy offered by he
Elodia [21]

Answer:

Total taxable amount will be equal to $7000

So option (d) will be correct answer

Explanation:

According to  IRS benefit which is received under the disability which shall be fully taxable only if

Employee pays premium on such policy entirely with pre tax dollars

Here in the given question premium amount paid by employee herself and with the assumption of paying such premium with pre tax dollars hence it is treated as taxable fully i.e 6500$

So 500$ sick pay under welfare fund is treated as earned income so fully taxable.

Therefore total taxable amount will be equal to $6500 + $500 = $7000

So option (d) will be correct answer

3 0
3 years ago
What is the key to achieving long-term, sustainable recovery in sales in the renewal phase?
Vilka [71]

The renewal phase is focused on increasing sales and profits due to growth in the area.  The key to achieving long-term stability in this stage is to make sure those moving into the area as it's growing, know your product is available. Once they are aware of the product, they are more likely to try it and trust it.

3 0
3 years ago
Why is it important that your resume, cover letter, and job application all contain the same information?
ludmilkaskok [199]

Answer:

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