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4 years ago

Explain an example of a Monopoly and how it was used in the industrial revolution?

Business

2 answers:

Flura [38]4 years ago

6 0

Answer:

John D. Rockefeller and Standard Oil

Explanation:

He controlled about 80% of the entire oil industry at one point.

Svetlanka [38]4 years ago

5 0

Answer:

A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices. Examples: Microsoft and Windows, De Beers and diamonds, your local natural gas company

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Tammy has just opened a donut shop called the rabbit hole. given that the rabbit hole is in its start-up phase, which of these w

Yakvenalex [24]

Sisgsksbgkavaknaks sbs

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3 years ago

Which of the following are established by ASC 280 as "enterprisewide disclosure" standards to provide more information about the

rusak2 [61]

Answer:

A. Both II and III

Explanation:

As the major customers information and the geographic areas information would be created by the ASC 280 as disclosure of enterprise wide standard that provide the information more related to the company risk. Also it is needed to the public entities to disclose the information with respect to the operating segments i.e. reportable in the finished financial statements set

Therefore the correct option is A.

8 0

3 years ago

Icy Mocha Company estimates its factory overhead costs to be $35,000 and machine hours to be 5,000 for the year. If the actual h

Vedmedyk [2.9K]

Answer:

$160 overapplied

Explanation:

Icy Mocha company estimates it's factory overhead costs to be $35,000 and machine hours to be 5,000 for a period of one year.

The actual number of hours worked on job 333 and 334 equals a total of 4,980

The actual factory overhead costs are $34,700

The first step is to calculate the predetermined overhead rate

= Overhead costs/machine hours

= $35,000/5,000

= $7

The amount of either over or underapplied factory costs can be calculated as follows

= predetermined overhead rate×actual number of hours worked

= $7×4,980

= $34,860

The amount is then subtracted from the actual overhead costs

= $34,700-$34860

= -$160

= $160 overapplied

Hence the amount of overapplied factory overhead is $160

4 0

3 years ago

The homeowner's property tax exemption will reduce an assessed valuation of $200,000 to:____.

inessss [21]

As per the rate of the tax, the valuation of $200,000 will become $193,000.

Given Data:

Valuation Price = $200,000

To Find:

After-Tax exemption Valuation= ?

Let us consider the general interest rate of the property. It would be about 3.5% which is 0.035.

According to the normal tax of about 3.5% will become $7000 which will be exempted from the total evaluation therefore it will become $193,000.

Solution:

Tax Value in $ =$200,000 x 3.5% = $7000

here we have the $7000 which is the amount of tax paid by the homeowner.

Putting the value of the tax;

Tax after exemption of tax value = $200,000-$7000

= $193,000

So, the $193,000 is the price after the deduction of tax by the homeowner.

For more questions like Home tax evaluation open the link below:

brainly.com/question/17132518

#SPJ4

3 0

2 years ago

ADR purchases wood screws from a local representative. The local rep visits the shop once every 3 weeks (21 days). When he arriv

anygoal [31]

Answer: Attached below is the missing data related to your question

answer : 66 boxes

Explanation:

Determine the number of boxes of screws that ADR should order

we can determine the number of boxes by applying the relationship below

Q ( quantity of boxes ) = d ( T + L ) + SS - I ------ ( 1 )

where: d = 2 ( average daily demand )

T = 21 ( frequency of visit by local rep )

L = 4 ( lead time )

SS = 20 , I = 4

back to equation 1

Q = 2 ( 21 + 4 ) + 20 - 4

= 2 ( 25 ) + 16

= 50 + 16 = 66 boxes

6 0

3 years ago