Answer:
monopolist
Explanation:
Monopolistic competition is a kind of imperfect competition in which specific person or enterprise is the only supplier of a particular commodity.
A monopolist is not very much concerned about the product as customers have no alternatives but to buy that product.
Also, he can change the price or quantity of the product as in an industry he is a single seller .
In the given question, it's given that There is often only one provider of cable television services in each region of the country: Time Warner is in New York, Comcast is in most of New England, and so forth.
So, it would have caused Comcast to become an overly large <u>monopolist</u> with too much power if it buys Time Warner.
Yes because most likely if the existing company is not already global then it probably does not have a very big name so you will have t restart in trying t get another audience and advertise your business to them. Sorry if this isnt right.
Answer:
Total estimated bad debts = $9,400
Explanation:
days outstanding A/c Receivable % estimate
0-30 $77,000 1 $770
31-60 $46,000 4 $1,840
61-90 $39,000 5 $1,950
91-120 $23,000 8 $1,840
over 120 $15,000 20 $3,000
Total 200,000 $9,400
Answer:
$2,280 increase
Explanation:
The computation of the change in net operating income is shown below:
= Increase in monthly sales unit × contribution margin per unit - increased monthly advertising
= 140 units × $52 - $5,000
= $7,280 - $5,000
= $2,280
Since this comes in a positive figure that results in increased in monthly net operating income we simply considered the change in monthly sales unit, monthly advertising, and the contribution margin per unit