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WITCHER [35]
3 years ago
7

Let's consider the issue of promoting competition---sounds like a core us value. competition is good for the consumer and good f

or business, but is it really? wal-mart has done wonders in providing low cost goods to help consumers manage tight budgets but is the mega-retailer really good for the economy? some would argue that when wal-mart comes into a small town, locally owned businesses dry up and are forced to close and that most of the money spent by consumers at wal-mart does not stay in the local community. maybe wal-mart has gotten too big for government (federal or local) to control. the same could be said about the oil and gasoline industry---prices seem to fluctuate without any relationship to the needs of the consumers, who many times do not have an alternative. my question is this, where should the line be drawn between promoting competition and regulation of business? should the federal government be more active in the regulation of such giants as wal-mart or the oil and gas industry or will open competition prove to be in the best interests of the consumer?
Business
1 answer:
Lorico [155]3 years ago
4 0
<span>Circumstances that help Walmart succeed usually makes it difficult for little businesses to thrive. The absence of government regulation generally profits big businesses and is unfavorable to small businesses. This leads to the emergence of monopolies and the abolishment of little businesses, even if they are original and innovative. In theory; more government regulation (if fair and just) would help small businesses compete more fairly with big business.</span>
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The ABC Co. is considering a new consumer product. They believe that the XYZ Co. may come out with a competing product. If ABC a
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Answer:

Let X be probability XYZ offers a competing product

EMV (assembly line) = $10,000∗X+$40,000∗(1-X)

EMV (addition) = -$100,000∗X+$600,000∗(1-X)

$10,000∗X+$40,000∗(1-X) = -$100,000*X+$600,000∗(1-X)

$10,000∗X-$40,000∗X+$40,000 = -$100,000∗X-$600,000∗X$600,000

-$30,000∗X+$700,000∗X = $600,000-$40,000

$670,000∗X = $560,000

X = $560,000/$670,000

X = 0.836

ABC will be indifferent between the two alternatives if the probability that XYZ will offer a competing product is estimated to be 0.836.

ABC should invest in the addition if the probability that XYZ will offer a competing product is estimated to be less than 0.836.

7 0
2 years ago
Case D. Stewart Company reports the following inventory record for November:
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The cost of ending inventory and the cost of goods sold under each of the following methods: Under the LIFO method, Sales Less: Cost of Goods sold Gross Profit less: Selling, admin, depreciation Income before.

Final in, first out (LIFO) is a technique used to account for inventory. beneath LIFO, the expenses of the maximum recent products bought (or produced) are the primary ones to be expensed. LIFO is used most effectively inside the USA and governed via the commonly ordinary accounting standards (GAAP).

The LIFO method is used within the COGS (value of products sold) calculation while the fees of manufacturing a product or obtaining inventory have been growing. this will be because of inflation.

The ultimate-In, First-Out (LIFO) method assumes that the last unit to arrive in stock or greater latest is offered first. the first-In, First-Out (FIFO) approach assumes that the oldest unit of inventory is sold first.LIFO effects decrease internet earnings because the price of products offered is better, so there may be a decrease in taxable profits.” decreased tax legal responsibility is a key reason some organizations decide on LIFO.

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5 0
1 year ago
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this seems interesting i think

5 0
3 years ago
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Answer:

A country can gain from immigration when immigration is controlled so that immigrants contribute to society. If the immigrants have needed skills and come in appropriate numbers this is good for the country. Also by getting people from all over, they will benefit by having a much richer culture.

Explanation:

6 0
3 years ago
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Answer:

c.represents what a share of stock is worth

Explanation:

Hope it helped...Please mark brainliest. Have a nice day!

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