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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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A firm selling televisions knows from marketing research that when consumers in developing countries reach on average a yearly i
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Answer:

That low income can be enough because of either one of these two reasons (or the two at the sime time):

  • A high proportion of subsidized good for low-income earners in developing countries: a consumer making $1,000 per year on average could benefit from subsidized food, housing, healthcare, and even transportation, allowing this person to devote most of his income to other expenses.
  • Cheap credit available: this same person could not have enough money to pay for the television in cash, but could easily obtain a credit with low interest rates, and long-term payments.

5 0
3 years ago
Duane has a small woodworking business and saves the money for college. He stores his tools in his apartment. Duane would like t
klasskru [66]

Answer:

First option is the right choice.

Explanation:

He will not have as much money for college classes, because he will have to pay for the trailer and its maintenance.

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8 0
3 years ago
If management identifies even one material weakness in internal control, then management will conclude that the organization’s i
solong [7]

Answer:

Statement is true

Explanation:

Internal control over financial reporting was designed to give assurance related to financial statements preparation and authenticity of financial reporting.

Material weakness refers to inefficiency in internal control which could lead to misstatement in financial statement thereby making financial reporting unreliable. As such, even one material weakness would prove ineffective internal control over financial reporting.

8 0
3 years ago
Stock in dragula industries has a beta of 1.1. the market risk premium is 7 percent, and t-bills are currently yielding 4.5 perc
antiseptic1488 [7]
Idk i just need points Lol.
8 0
3 years ago
Home loans typically involve "points," which are fees charged by the lender. Each point charged means that the borrower must pay
nirvana33 [79]

Answer:

Ans. The effective annual interest rate charged on the loan is 12.99% effective annually. (Please see the attached excel spread sheet)

Explanation:

Hi, attached is the amortization table that I made for this case. Notice that there is a yellow and green cell, the yellow one is the result of using the "IRR" function of MS Excel which provides an effective monthly rate, since the payments are made every month, then we have to transform that monthly effective rate into an effective annual rate, this is the formula to use.

EffectiveAnnual=(1+EffectiveMonthly)^{\frac{1}{12} } -1

That is:

EffectiveAnnual=(1+0.012267477)^{\frac{1}{12} } -1=0.12986448

Which we round to 12.99% effective annually.

Finally, notice that I didnt use the payments to find the effective rate, I used the cash flow, that was because you didn´t receive all the 100K (the fee, remember?), you received $98,000.

Best of luck.

Download xlsx
3 0
3 years ago
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