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wlad13 [49]
3 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]3 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]3 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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Anthony corporation reported the following amounts for the year: net sales$296,000 cost of goods sold 138,000 average inventory
VladimirAG [237]

In the given question GP ratio will be 53.4%

Here Net sales= 296000 $

Cost of goods sold= 138000 $

average inventory= 50000 $

Gross profit= Net sales- Cost of goods sold

                    =296000-138000

                     =158000

Formula for calculating Gross profit ratio is:

Gross profit/ Net sales *100

= 158000/296000*100

=53.4%

Gross profit ratio is a financial ratio which measures the performance and efficiency of a business by dividing its gross profit  by the total net sales. The gross profit ratio can also be expressed in  the form of percentage by multiplying the result by 100.

To know more about GP ratio here:

brainly.com/question/22718027

#SPJ4

4 0
2 years ago
What advertising technique does Activia yogurt, Burger king, subway, etc. use to attract the crowd in buying there products?
Brilliant_brown [7]
Commercials or ads on the internet
3 0
3 years ago
Read 2 more answers
Wizard Co. purchased two machines for $250,000 each on January 2, 2005.
Vikki [24]

Answer:

B. $275,000

Explanation:

The second machine will be depreciate over time as it can later be used for operational purposes or another research projects. The first, as can only be used for a  research project It should be considered expenses for the entire amount regardless of the useful life.

Machine B useful life 10 years

depreciation expense: cost / useful life

250,000 / 10 = 25,000

machine A 250,000 + 25,000 depreciation for machine B = 275,000 total

7 0
3 years ago
Two managers in the research and development department of a company disagree on whether their organization should outsource dev
Allushta [10]

Answer:

Intragroup.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.

These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.

In this scenario, two managers in the same department of a company disagree on whether to outsource the development of a new product or staff it internally. Thus, this is an example of intragroup conflict because its happening within the same department of an organization having common goals and interests.

An intragroup conflict can be defined as a type of conflict that arises between individuals belonging to the same team or group.

5 0
3 years ago
Which of the following is not characteristic of the typical limited liability company? Death of a member (owner) causes it to di
natulia [17]

Answer:

Death of a member does not cause the LLC to dissolve unless the rest of the members want to continue. It is not a characteristic of a limited liability company.

Explanation:

An LLC or limited liability company is a kind of hybrid corporate structure which combines the characteristics of a corporation and sole proprietorship or partnership. The company has a separate legal existence apart from its members. The members have a limited liability. There is flexibility in taxation. All the members are allowed to participate in management, there is no board of directors for management.

8 0
4 years ago
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