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Viktor [21]
3 years ago
15

True/False

Business
1 answer:
emmasim [6.3K]3 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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All of the following entities would have a need for managerial accounting information except:Multiple Choice
Tatiana [17]

Answer:

The correct answer is "a"

As all of these entities would use managerial accounting information.

Explanation:

Mangerial accounting by its name is used by internal managers nature being financial and economical information.

Since we know budgets and forecasts are necessary for future business decisions but these are available to internal managers only.  Similarly, cost information, variance analysis, activity based costing is all performed under the umbrella of managerial accounting, and are relevant to different business types.

Such information is used for any business be it manufacturing/service or be it propeitorship/partnership/company. Therefore, managerial accounting is useful for any kind of business.

4 0
3 years ago
The ______ period rate of return is simply the rate of return over some arbitrary investment period.
sdas [7]

Answer: holding

Explanation:

6 0
2 years ago
A(n) _______________ is either a person or medium providing consumption-related information and hired and paid by and organizati
Luba_88 [7]

Answer:

Formal source

Informal source

Explanation:

A formal source is either a person or medium providing consumption-related information and hired and paid by and organization. An informal source is person whom the message receiver knows personally, such as a parent or friend who gives product information or advice, or an individual met and respected online.

4 0
4 years ago
It is unlawful for a person to act as a real estate agent unless such person is legally associated
ipn [44]

Answer:

a licensed real estate broker

Explanation:

A "real estate agent" is a<em> licensed individual</em> who works by buying and selling properties. In order to practice this profession, he needs to associate himself that he's working under a<em> brokerage. </em>

The person can lawfully do his work as a real estate agent, provided that the <u>real estate broker he's working for has a license.</u> If the broker doesn't have a license, then it's considered illegal.

So to speak,<u> the real estate agent functions like a salesperson.</u>

3 0
3 years ago
Blair Housewares wants to add new products to its existing line of products. Managers are correct in believing that the purpose
Zinaida [17]

Answer:

False

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The general purpose of idea generation is to come up with the largest amount of possible ideas, it doesn't matter how crazy they might seem.

The purpose of succeeding stages will be to funnel the ideas and only work and develop the most promising ones.

3 0
3 years ago
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