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3 years ago

This cartoon can be read and enjoyed on several levels. Which statement best captures the economic message of

Business

1 answer:

makvit [3.9K]3 years ago

5 0

Answer:

The correct statement lies in option C.

Monopolies negatively affect consumers.

Explanation:

The statement that best captures the economic message of the cartoon is that monopolies negatively affect consumers.

When a specific enterprise or person is the only supplier in the market, it is called monopoly.

Monopoly can result to higher prices of the good, also known as price taker as there is no other enterprise which can supply the same good.

Here, Santa Claus is the monopoly as he is the only supplier of gifts in Christmas so he gets sloppy and result in low output in his work.

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After a customer buys a computer or receives service from Tech Geek, a service representative contacts each customer to conduct

blsea [12.9K]

Answer:

B) False

Explanation:

The survey information is a form of feedback which returns as information input to the company. Surveys are an extremely important tool that can help a company measure the perceived quality of their products or services. Any complaints received can help to improve the production process, and eventually improve your products and services. Some customers like being surveyed because they believe that the company cares about them and it increases their loyalty to the brand.

6 0

3 years ago

The Refining Department of Crystal Cane Sugar, Inc. had 73 comma 000 tons of sugar to account for in December. Of the 73 comma

soldier1979 [14.2K]

Answer:

67,600 tons

Explanation:

Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.

According to this method the equivalent units formula is as follow

Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage

Conversion

Equivalent Units = 55,000 + 18,000 x 70% = 67,600 units

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3 years ago

Mark goes to Tony's Lumber Yard to buy some lumber to build a new roof for his cabin. Mark tells Tony, the lumber yard owner, to

musickatia [10]

Answer: Tony has explicitly breached the Implied Warranty of Fitness for a particular purpose.

Explanation: the Implied warranty of fitness for a particular purpose takes effect when a buyer specifically asks a seller for a product that can be used for a particular purpose.

Because Mark (buyer) requested for the exact type of wood that can resist wood decay caused due to the damp environment of his cabin and Tony (seller) sells Mark lumber while assuring him that it's what he is looking for. Tony's assurance to Mark is known as the Implied warranty of fitness for a particular purpose, and since the wood is affected by dampness and caves then Tony has explicitly breached the warranty.

5 0

3 years ago

List 5 ways banks safeguard your’e money.

liraira [26]

Answer:

1. Throwing the money into the right place in the safechase

2. Lock the safechase

3. Putting a lot of Closed Circuit Television (CCTV) in several room

4. Putting a lot of anti-theft laser sensor inside the safechase

5. Lock the bank

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3 years ago

Complete the following sentences.

irina [24]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

4 0

3 years ago