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mr Goodwill [35]
3 years ago
5

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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3. Hari Seldon is planning for his retirement 6 years from now. He plans to deposit $30000 each year for 6 six years (i.e., 6 de
erik [133]

Answer:

a) $231,468.30

b) $209,259.56

c) 9.59%

Explanation:

a) to calculate FV, n=6,I=10, pv=0 and pmt=30000

b) to calculate effect of inflation On FV

N=6, I =6 (nominal interest less inflation), pv=0 and pmt=30000

c) [(231468.30-209259.56)/231468.30]x100

5 0
3 years ago
List five goods that are likely to be sold in a monopolistically.competitive market.
Alexeev081 [22]

Answer:

Cars

Toothpaste

Toilet paper

Hairspray

Televisions

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3 years ago
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Congrats for getting a man !
4 0
2 years ago
Firms that practice value-based marketing typically use a process known as ______, which includes a set of strategies, programs,
AfilCa [17]

Answer:

customer relationship management

Explanation:

Companies that successfully implement customer relationship management (CRM) should be able to customize the services and products that they offer to their customers. The company should be able to develop a good relationship with its customers and increase the exchange of information and feedback. This can help the company provide customized services that better satisfy the needs and wants of its customers.

8 0
3 years ago
Given: Cost of goods manufactured of $410,000; beginning finished goods inventory of $110,000 and ending finished goods inventor
hammer [34]

$395k is the unadjusted cost of goods sold.

The direct costs incurred in the production of any goods or services are measured by the term "cost of goods sold" (COGS).

How is the unadjusted cost of goods determined?

= Cost of producing the goods - ( Ending finished goods -Beginning finished goods inventory )

= $410,000 - ($125,000 - $110,000)

= $410,000 - $15,000

= $395,000

Consequently, $395,000 represents the unadjusted cost of goods sold.

<h3>What is Unadjusted cost?</h3>

Unadjusted basis is the asset's original acquisition price. This sum includes the asset's initial purchase price as well as any additional costs, such as expenses and liabilities taken on during the transaction.

To know more about Unadjusted cost check this out:brainly.com/question/23774073

#SPJ4

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2 years ago
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