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wlad13 [49]
2 years ago
8

Research an example of a monopoly in the United States economy, past or present. Construct a brief explanation of the monopoly a

nd its impact on the market. Your response should be about three hundred words. Use primary and secondary sources, and cite them.
Business
2 answers:
a_sh-v [17]2 years ago
8 0
 I don't think there's anything more annoying than the ISP monopolies, specifically Comcast which has most of the US I believe. They never bother to upgrade their services only their prices and stupid cable bundle packages. I'm lucky enough to live in a large metropolitan area where a new fiber internet company just started up but before this last year there were only two ISP choices; Comcast or Century link. Suburban and rural areas typically only get one choice; expensive slow internet service from a local ISP monopoly.

BlackZzzverrR [31]2 years ago
5 0

An example of a monopoly that existed in the United States in the past is the Carnegie Steel Company.

This company was created by Andrew Carnegie in 1892. The main purpose of the company was to manage steel mills in the Pennsylvania area. The company was extremely successful as it was able to control supply of steel. This prevented free-market competition and therefore allowed Carnegie Steel Company to set the national price for steel.

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Jones Corp. reported current assets of $199,000 and current liabilities of $140,000 on its most recent balance sheet. The workin
LuckyWell [14K]

Answer: $59000

Explanation:

The working capital is the capital that a business uses in its daily operations. It should be noted that the working capital is calculated as the difference between the current assets and the current liabilities.

From the question, we are told that

Jones Corp. reported current assets of $199,000 and current liabilities of $140,000 on its most recent balance sheet. Therefore, the working capital will be:

= $199,000 - $140,000

= $59,000

3 0
3 years ago
The acquisition costs of property, plant, and equipment do not include: a. The ordinary and necessary costs to bring the asset t
Anna35 [415]

Answer:

Maintenance costs during the first 30 days of use

Explanation:

As we know that

The asset are classified into three types i.e current asset, fixed assets, and the intangible asset

The fixed asset is also known as a long term asset which includes the plant & machinery, land & building, furniture & fixtures, etc

In addition, the purchasing price or acquisition cost of the land, plant and equipment covers the required costs used to get the asset in the desired condition and place of use, the net invoice price plus the legal fees, the shipping fees, the installation and any related sales tax, but the maintenance and repair expenses are not included in the purchase price for first 30 days of use

The last option is incorrect it should be 30 days instead of 180 days

6 0
3 years ago
In the _____ stage of the advertising development process, Fallon account managers and clients must set the campaign budget. Cam
fgiga [73]

Answer:

Planning Phase

Explanation:

6 0
2 years ago
Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States
tresset_1 [31]

The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."

The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.

Some of the lasting effects of these reforms include the following:

The Board of Governors to determine the monetary policy.

The reforms established the Federal Deposit Insurance Corporation.

The reforms also separate commercial banks from investment banks.

Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.

Learn more here: brainly.com/question/12008240

7 0
2 years ago
An increase in supply for corn is greater in magnitude than the increase in the demand for corn. As a result, the equilibrium pr
V125BC [204]

Answer:

Equilibrium price will DECREASE and equilibrium quantity will INCREASE

Explanation:

6 0
2 years ago
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