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Crazy boy [7]
3 years ago
14

A group of teens in your town meet and agree to charge a flat fee of five dollars per hour for babysitting. They charge the same

rate no matter how many children there are, or when the service is needed. Then they divide areas of town on a map between them, agreeing to only serve customers within their respective areas. Within weeks they have gained most of the business in town, driving out other teens that cannot lower their rates. The babysitting market in your town has become
Business
2 answers:
swat323 years ago
6 0

Answer:

a monopoly

Explanation:

iris [78.8K]3 years ago
3 0

Answer:

a  monopoly

Explanation:

hope it helps

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For a single-server queueing system, which of the following is TRUE? A high utilization factor will result in a system that perf
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Answer:

II only. A high utilization factor will result in a system that performs poorly is TRUE for a single-server queueing system. As it states that when designing a single-server queueing system, beware that giving a relatively high utilization factor (workload) to the server provides surprisingly poor measures of performance for the system.

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Adrian Corp. sells goods on account for $100,000 on May 1. On May 15, the customer returns $40,000 of the merchandise. The custo
ololo11 [35]

Answer:

C. DEBIT TO SALES RETURNS

D. CREDIT TO ACCOUNTS RECEIVABLE

Explanation:

The journal entry to record the May 15 transaction is shown below:

Sales return and allowance A/c Dr $40,000

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5 0
3 years ago
What is the maximum amount a firm should pay for a project that will return $15,000 annually for 5 years if the opportunity cost
vampirchik [111]

Answer:

The firm should pay $46907.57 for the given project.

Explanation:

Given information:

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where, R is return, OC is opportunity cost, t is time in years.

Substitute R=15000, t=5 and OC=0.18 in the above formula.

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PV=46907.5653141

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8 0
2 years ago
The wage theory that states that differences in wage rates are determined by collective bargaining is the
shtirl [24]
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qaws [65]

Answer:

<h2>Mission Statement</h2>

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