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umka21 [38]
3 years ago
12

Which of the following is the best definition for a monopoly? A. An industry being split among several companies to allow for co

mpetition B. A whole industry being owned by one company C.The government controlling and making profit of an industry. D. A large city with a population over 100,000
Business
2 answers:
Inessa05 [86]3 years ago
5 0
B. A whole industry being owned by one company
lisov135 [29]3 years ago
4 0
B, because monopoly means a complete control in the market
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Buford Bus Manufacturing installs a new assembly line. As a result, the output produced per worker increases. The marginal cost
aivan3 [116]

Answer:

A. will increase (the MC curve will shift upward )

Explanation:

The marginal cost of production is the change in total production cost that comes from making or producing one additional unit of a commodity, hence Buford Bus Manufacturing installing a new assembly line and worker's output increasing per worker would increase the additional cost of production or marginal cost incurred by the company.

6 0
3 years ago
Which costs can be directly traced to the product being manufactured? Group of answer choices Direct Costs Period Costs Sunk Cos
Vlad1618 [11]

Answer:

The correct answer is: direct costs.

Explanation:

The direct costs are the costs that can be easily traced to the goods or services or projects. It includes material and labor cost and distribution cost incurred in the production of a product.

It is contrasted to indirect costs which cannot be traced to a product and is not directly linked to a product.

The sunk costs are cost which has already been incurred are no longer relevant for economic decisions.  

Fixed costs are the costs that do not vary with the change in the volume of product.

So, the direct cost is the correct answer.

5 0
3 years ago
Variable outcome probability price 1,500 0.3 350 0.7 yield (ton) 11 0.55 4 0.45 cost ($) 3500 0.25 7500 0.75 what is the net ret
Helga [31]

Variable outcome probability price 1,500 0.3 350 0.7 yield (ton) 11 0.55 4 0.45 cost ($) 3500 0.25 7500 0.75 0.412588 is the net return if price =350, yield = 11 and cost = 7,500

<h3>What is net return?</h3>

The overall rate of return on an investment before any fees, commissions, or expenses is known as the gross rate of return. A month, quarter, or year is used as the unit of measurement for the gross rate of return. In comparison, the net rate of return provides a more accurate assessment of return by excluding fees and costs.

A gross rate of return is the return on an investment before any costs or deductions.

The investment's return after charges like taxes, inflation, and other fees is known as a net rate of return.

The expenditure ratio of a fund measures how difficult it is to determine the net rate of return compared to the gross rate of return.

To learn more about net return from the given link:

brainly.com/question/20730692

#SPJ4

3 0
2 years ago
What term represents the worldwide movement toward economic, financial, trade, and communications integration?
igomit [66]
I believe that the answer is globalization.
6 0
4 years ago
Read 2 more answers
Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou
salantis [7]
The correct option is D.
Checking account is appropriate for Jorge in this situation because he plans to remove the money from his account in a few weeks time.
The major difference between saving account and checking account is that, saving account is majorly used to save and accumulate money for a medium or long time goals or for emergencies. The banks can count on the money staying in saving account for some time and a great part of it is not hold on reserve.
But a checking account is an instant access account. Money put in this account are usually hold in reserve by the banks because the owners can decided to withdraw at any time; banks can lend out money from checking accounts, so they make money on the accounts by charging fees.
4 0
4 years ago
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