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4 years ago

True/False

Business

1 answer:

emmasim [6.3K]4 years ago

4 0

Answer:

True

Explanation:

Bilateral monopoly is a type of market structure in which there is conventionally one seller (monopolist) and one buyer (monopsonist) on it. In other words, a bilateral monopoly is a monopoly limited by monopsony, or, conversely, monopsony limited by a monopoly. A typical example of a bilateral monopoly in developed economies is the labor market in single-industry towns with one town-forming enterprise that makes labor demand and one well-organized and strong the union selling it. Another example is the only bakery in the village that uses flour produced by a single flour mill as a production resource. In a bilateral monopoly, there is a situation in which neither a monopolist nor a monopsonist can force a partner to behave like a completely competitive market entity using market methods. Therefore, the final conditions in a bilateral monopoly are determined by the relative ability of its subjects to bargain.

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The correct answer in this particular situation would be it increased.

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4 years ago

Balance of payments accounts are the accounts in which a nation records its _____.

Kryger [21]

Answer:

Explanation:

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A country's balance of payments and its net international investment position together constitute its international accounts.

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3 years ago

On January 1, Hannibal Company sold $500,000, 5-year, 6% bonds for $465,000. Interest is to be paid annually on January 1. If th

7nadin3 [17]

Answer:

$37,000

Explanation:

Bonds issued at a discount:

When bonds are issued at a discount,

then interest expense/annual amortization amount = cash interest paid + amortization of discount

Bond Issued t a Premium

When bonds are issued at a premium,

then annual Amortization = interest expense- amortization of premium

Step One: Determine if the Bonds were issued at a Premium or at a Discount

$500,000, 5-year, 6% bonds, were sold for $465,000. The bonds were issued at a discount.

The formula to use will be as follows:

Annual Amortization= Interest expense + Amortized Discount

Step Two: Calculate the Interest and the amortized discount

Interest paid in cash = Face value ×the contractual interest rate

= $500,000 x 6% = $30,000 per year

Straight-line amortization per year = ($500,000 - $465,000)/5 = $7,000 per year

Therefore:

The annual amortization amount based on the formula since the bonds were issued at a discount

= $30,000 + 7,000 = $37,000

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3 years ago

A company produces a single product. Variable production costs are $12.50 per unit and variable selling and administrative expen

Alina [70]

Answer:

the third option is correct - $8,125

Explanation:

The calculation of the ending inventory under variable costing is given below:

Ending inventory value (Variable costing) os

= Variable production cost per unit × No. of units

= $12.50 × (4,500 - 3,850)

= $8,125,

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Therefore the third option is correct

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r-ruslan [8.4K]

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