1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sidana [21]
3 years ago
11

The desire of businesses to ____________, so that they can raise the prices that they charge and earn higher profits, has been w

ell-understood by economists for a long time.
Business
1 answer:
In-s [12.5K]3 years ago
7 0

Answer: avoid competition (monopolize)

Explanation:

The desire of businesses to monopolize, so that they can raise the prices that they charge and earn higher profits, has been well-understood by economists for a long time.

Monopoly is a situation whereby a company has exclusive control over trade in a particular goods, thus beating out every competitor. When this is achieved, the company can regulate prices however they choose.

You might be interested in
Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had an increase in deferred tax liabilities
Sergeu [11.5K]

Answer:

Increase of 130 million

Explanation:

In this question, we are looking to evaluate what has happened to change in deferred tax assets. We proceed as follows;

Firstly, we calculate the current tax.

Mathematically = 40% of 400 million = 40/100 * 400 million = 160 million

Now, as we can see in the question, a decrease in deferred tax asset resulted in an increase in tax expense to a tune of $50 million

This brings the total tax expense to 160 million + 50 million = 210 million

We can see from the question that the company has only recognized a tax expense of $80 million.

This means that the change in deferred tax asset was an increase of 210 million- 80 million = $130 million

8 0
3 years ago
Oxford, Inc., which uses a process-cost accounting system, began operations on January 1 of the current year. The company incurs
Nookie1986 [14]

Answer:

3,000 physical units in the production

Explanation:

Given that,

Oxford started work on 3,000 units during the period

Units were 70% of the way through manufacturing

Therefore,

Physical units in the production = 3,000 units

Equivalently units of production is as follows:

= 70% of Physical units in the production

= 0.7 × 3,000 units

= 2,100 units

Hence, it would be correct to say that the company has 3,000 physical units in the production.

8 0
3 years ago
When it comes to distribution what is the least expensive route when getting the product from the manufacture or farmer to the u
Nezavi [6.7K]
<h2>Direct distribution is one of the least expensive route to access customer directly</h2>

Explanation:

  • Direct distribution is one the method which does not involve any intermediaries.
  • They do not have dealers, sub-dealers, etc to reach the customer with the product.
  • Online shopping enables direct distribution
  • Since direct distribution does not involve intermediaries, it can reach customer more quickly and the cost is also less.
  • Whereas when the product is reached through indirect distribution, then we have to spend amount on transport to reach product to dealers, then dealers spend money to sub-dealer and so on.
5 0
3 years ago
Which of the following statements regarding perpetuities is​ FALSE? A. A perpetuity is a stream of equal cash flows that occurs
Xelga [282]

Answer:

The answer is: C) PV of a perpetuity​ = StartFraction r Over Upper C EndFraction (I guess this means PV = r / C, which is FALSE)

Explanation:

The formula for calculating the present value of a perpetuity is:

                        PV = C / r

Where PV = Present Value, C = cash flow, r = discount rate.

A perpetuity is a stream of equal cash flows that lasts forever (perpetually).

The formula for calculating the present value of a perpetuity is simple, so there is no reason to spend time calculating the present value of each cash flow, since there are infinite cash flows.

A consol bond s a type of perpetuity issued by the British government (also by the US government)

7 0
3 years ago
Klumpro, a supplier of organic milk products, sells its products to Sweedinth, a dessert store and Klumpro's long-term customer,
Alexxandr [17]

Answer:

Business relations

Explanation:

Business relations are the connections that exist between all entities that engage in commerce. That includes the relationships between various stakeholders in any business network, such as those between employers and employees, employers and business partners, and all of the companies a business associates with.

8 0
3 years ago
Other questions:
  • Hardin Company received $120,000 in cash and a used computer with a fair value of $360,000 from Page Corporation for Hardin Comp
    9·1 answer
  • Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisio
    8·1 answer
  • When the firms in the industry are just able to cover their cost of production, economic profit is zero. Therefore, if demand fa
    9·1 answer
  • Susan started a cake decorating business that failed. She is convinced that she lacked the necessary funds to promote her busine
    12·1 answer
  • There are 728 employees at a luncheon. If there are tables set up for eight people, how many tables are there?
    6·2 answers
  • Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed the following three co
    11·1 answer
  • On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $310,000 an
    11·1 answer
  • A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
    9·1 answer
  • Barbara Smith is an employee of Allied Manufacturing Company. She has an 8-hr workday and each day is paid $0.60 for each unit p
    12·1 answer
  • The day after you said goodbye
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!