1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lesechka [4]
3 years ago
11

In many large U.S. cities, taxicab companies operate as near monopolies because of_____.

Business
1 answer:
Naya [18.7K]3 years ago
4 0

Answer: Option (b) is correct.

Explanation:

Correct Option: Licenses

In United States, there is a licensing system which prohibits the number of taxicabs allowed. So, there are less number of taxicabs companies operates in most of the united states cities.

There is a advantage for the taxicabs companies for using the monopoly power.

Whereas, some of the cities of U.S use 'taxi medallions" as the permits for picking up the passengers.

You might be interested in
Why might you complete a 1040 instead of a 1040EZ
Mekhanik [1.2K]
A. you own a home other options are just qualifications. good luck
7 0
3 years ago
Read 2 more answers
why the introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy​
Bess [88]

The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because

a)​ if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.

b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.

<h3>What is Economy?</h3>

An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.

The economy of a country or region is the system by which money, industry, and trade are organized.

Learn more about economy here,

brainly.com/question/18461883

#SPJ1

3 0
1 year ago
During the current year, Lyle Co. incurred $204,000 of research and development costs in its laboratory to develop a patent that
valentina_108 [34]

Answer:

It will capitalize 245,000 to recognize the patent intangible asset

Explanation:

It will capitalize the entire research adn development cost as well as the fees and registration cost as are part of the incurred cost needed to obtain the patent

Therefore: 204,000 + 41,000 = 245,000

8 0
3 years ago
Read 2 more answers
Suppose the United States can produce either 90 apples and 20 oranges or 80 apples and 30 oranges. What is the opportunity cost
Tju [1.3M]

Answer: The opportunity cost of producing 1 apple will be 1 orange.

Explanation:

Opportunity cost is defined as the loss or cost of another alternative when another alternative is being chosen by an economic agent.

In this scenario, the opportunity cost of producing every additional apple will be 1 orange due to the fact that as there's an increase in the production of apple from 80 to 90, there'll be a reduction in the production of orange from 30 to 20.

This indicates that for the increase of 10 apples, there's a reduction of 10 oranges which implies that an increase of 1 apple brings about a reduction by 1 orange.

5 0
3 years ago
Raphael and Martina are engaged and are planning to travel to Las Vegas during the 2019 Christmas season and get married around
Tanzania [10]

Answer:

It would be better to get marry on 2019 that way they will saved in income taxes $138

Explanation:

We have to compare their two single taxable income

against marry filing jointly:

<u>Martina:</u>

15,000 - 12,200 standard deduction = 2,800

It willbe taxed at 10% = 280

<u>Raphael:</u>

45,000 - 12,200 standard = 32,800

It will be taxed 10% of 9,700 = 970

and 12% above: (32,800-9,700) x 12% = 2,772

total income tax for Raphael: 3,742

Total if married in 2020: 4,022

<u>Jointly:</u>

60,000 - 24,400 = 35,600 taxable income

it will be taxes at 10% for the first 19,400 = 1,940

and at 12% for the above: (35,600 - 19,400) x 12% = 1,944

Total: 3.884‬

Difference:

4,022 - 3,884 = 138

3 0
3 years ago
Other questions:
  • Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
    12·2 answers
  • On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 95,000 shares authori
    13·1 answer
  • Producers are driven by
    9·1 answer
  • For a monopolistically competitive firm, at the profit-maximizing quantity of output, a. price exceeds marginal cost. b. margina
    8·1 answer
  • "Which kind of marketing involves sending an offer, announcement, reminder, or other item to a person at a particular postal add
    10·1 answer
  • Lisa conducts a qualitative study of people's shopping behavior online. She compares her results to that of similar studies and
    5·1 answer
  • Your credit card history is tracked by all of the following except:
    12·1 answer
  • Solving for dominant strategies and the Nash equilibrium Suppose Lorenzo and Neha are playing a game in which both must simultan
    11·1 answer
  • A _________ is not a specific security but an arrangement whereby a bank or security dealer sells specific marketable securities
    13·1 answer
  • Private property Multiple Choice does not apply to patents and copyrights. encourages investment since people know what they own
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!