Answer:
$9,600
Explanation:
Annual Depreciation = Cost – Residual Value/Useful Life
Using the formula
Cost=$57,000
Residual value =$9,000
Useful life =5years
Hence:
$57,000 – $9,000/5
=$48,000/5
= $9,600
The second-year depreciation will therefore be $9,600
Obstructionist Stance.
When an obstructive company crosses the line into unethical behavior, rather than doing the right thing they will obstruct or "block" attempts to point out the bad behavior or to fix the problem.
Answer:The great migration
Explanation: During the great migration between 1916 and 1970, ala the number of African Americans moves away from the South to the North due to recurring segregation and racism.
Answer & Explanation
Monopoly is where in the market there is only one seller in the market has a certain product where no other seller has. It my be goods or services but there is no substitute. This means that the owner of such a product is in full control of his/her supply. The main or the greatest impact of monopoly in the market may favors the the seller only while on the other the side the consumer may be pressed. This mostly occurs when it comes to pricing because a monopoly has potential to rise prices. This is due to lack of competition in the market. An example of monopoly in the united states in the past was :
Standard Oil company - This was an oil producing company which was producing,transporting,refining and marketing oil. It was incorporated under Standard Oil Trust which handled all oil production, transportation, refinement, and marketing. Holds 91% of oil production and 85% of its final sales in the United States Market in the early 1900s. The main sources of of monopoly were that to join into a certain industry it was very expensive so this became a main barrier.
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