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Novay_Z [31]
2 years ago
10

A monopolistic producer of caviar has historically sold all of its caviar to 10 distributors. Recently, one of the distributors

has acquired all of its competitors, becoming the caviar producer’s sole customer. How are the caviar producer’s prices and profits likely to change as a result of this downstream consolidation?
Business
1 answer:
neonofarm [45]2 years ago
4 0

Answer:

Price and profits will decrease.

Explanation:

The price and profits of the caviar producer will change as a result of this downstream consolidation because the customer now has power to negotiate price with the seller, and prices will likely fall as a result. Profits will decrease as the customer capture an increased share of the surplus.

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STALIN [3.7K]

Answer:

There are issues with Revenue recognition, Accrual basis of accounting and Cash basis of accounting.

Explanation:

The ethical issues are important to handle with care in business. The accountant has used accrual basis accounting technique in order to apply for a loan. The revised financial statements are prepared with accrual concept so that the company is successful in procuring loan. The revenue should be recognized when performance obligation is completed and the required services are rendered. The accrual concept states that the transaction should be recorded when it occurs regardless when the cash is actually received. Daryl has been involved in unethical practice as he has instructed his accountant to prepare revised financial statements to portray that the company's performance is good. It is an intention to deceive bank in order to procure loan.

6 0
3 years ago
Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur
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Answer:

c) 8.44x

Explanation:

Total current assets = cash + account receivable + inventory

⇔ $79,000 = $35,550 + $19,750 + Inventory

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3 years ago
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Explanation: !!!

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6 0
2 years ago
Each scenario below illustrates a basic underlying principle of economics of how economies work through the interactions of indi
vladimir1956 [14]

Answer:

The correct answer is: market efficiency; government intervention; specialization; equilibrium.

Explanation:

The owner of the snow cones realizes that the demand for snow cones has decreased in winter, and thus, closes shop to open back. This is an example of market efficiency.  

The local river is being polluted too much because of the amount of chemicals being dumped in the river. The government puts regulation on the amount of chemicals being dumped. This is an example of government intervention in the economy.  

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3 years ago
The purpose of a financial intermediary is to help channel funds
Triss [41]

Answer:

a. from one banks to another

Explanation:

3 0
3 years ago
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