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3 years ago

Match each type of unfair business practice with its description.

1 answer:

8 0

The correct matching of the unfair business practices with their definition are as follow:
1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.
2. Price fixing: a group of companies agree that all of them will charge the same price.
3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.

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Consider the US market for chocolate, a market in which the government has imposed a price ceiling. Which of the following event

natita [175]

Answer:

D) South American cocoa bean producers refuse to ship to chocolate producers in the US.

Explanation:

A nonbinding rice ceiling means that the equilibrium price is below the price ceiling, so it will have no effect in real life. In order for the price ceiling to become binding and start to negatively affect the market, the equilibrium price must increase.

The only option that would increase the equilibrium price is option D, since the shortage of a key input will probably result in an increase in the price of the key input. If the price of a key input increases, the cost of producing chocolate will increase, resulting in a leftward shift of the supply curve.

A leftward shift of the supply curve will decrease the total quantity supplied and it will increase the price of chocolate at every level of quantity demanded. This will result in an increase in the equilibrium price which might ultimately change the price ceiling from nonbinding to binding.

6 0

2 years ago

Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $48,000. Assuming that the fixed monthly expense

Kryger [21]

Answer:

The best estimate of the company's net operating income in a month is <u>$34,800</u>.

Explanation:

This can be calculated using the following steps:

Step 1: Calculation of contribution margin

This can be calculated using the formula for calculating the contribution margin ratio as follows:

Contribution margin ratio = Contribution margin / Sales ........... (1)

where,

Substituting the values in the question into equation (1) and solve for contribution margin, we have:

60% = Contribution margin / $138,000

Contribution margin = 60% * $138,000 = $82,800

Step 2: Estimation of the company's net operating income in a month

This can be calculated using the following formula:

Net operating income = Contribution margin - Fixed expenses ......... (2)

Substituting the $82,800 obtained in Step 1 for contribution margin and the fixed monthly expenses of $48,000 in the question into equation (2), we have:

Net operating income = $82,800 - $48,000 = $34,800

Conclusion

From Step 2 above, the best estimate of the company's net operating income in a month is therfore <u>$34,800</u>.

4 0

3 years ago

If consumption expenditures are $200 billion, total investment is $50 billion, government purchases are $40 billion, exports are

kolezko [41]

Based on the information given the aggregate expenditures must be: $295 billion.

Using this formula

Aggregate expenditure= Consumption expenditures+ Total investment + Exports

Where:

Consumption expenditures=$200 billion

Total investment= $50 billion

Exports=$45 billion

Let plug in the formula

Aggregate expenditure=$200 billion+$50 billion+$45 billion

Aggregate expenditure=$295 billion

Inconclusion the aggregate expenditures must be: $295 billion.

Learn more here:

brainly.com/question/14956152

4 0

2 years ago

Cual es la clasificacion de empresas por su proposito?

melamori03 [73]

Answer:

Diferentes tipos de sociedades son Sociedades Limitadas por Acciones, Sociedades Limitadas por. Ciertas sociedades tienen como objetivos fines benéficos.

Explanation:

4 0

2 years ago

Read 2 more answers

A property is encumbered by a first mortgage of $60,000 and a second mortgage of $23,500. The property has just been sold at a f

Oksanka [162]

Answer: Please refer to the explanation section

Explanation:

The question is incomplete, the statement which we much choose from are not given in the question we will explain the question and provide a clear solution to make it easier for the student to single out a false statement.

Property acquisition was financed by two mortgage Bonds, First Mortgage Bond was $60 000 and the second mortgage bonds was $23 500. Ignoring interest rate we can assume that the Value of the Property is $83500 ($60 000 + $23 500).

Property was sold for $88000, There is a profit on sale of the property. Profit earned amounted to $4500 ($88000 - $83500). The profit on sale of property ($4500) will reported on the income statement. The property Value will be derecognized from long term assets in the the balance sheet statement.

The profits on sale of the property will form part of the net income for the year. Net income is distributed to shareholders in the form of dividends. We can therefore conclude that a portion of Profits on sale of property, if not all will be distributed to the share holders as dividends

8 0

3 years ago

Read 2 more answers