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Akimi4 [234]
3 years ago
15

Which of the following best explains why the media industry is characterized

Business
2 answers:
Gwar [14]3 years ago
7 0

Answer:

The answer is C. Government licensing allows media companies to have a near monopoly.

Explanation:

Not anyone can start a media company just because they want to. There are barriers to entry such as the large capital expenditure, staffing, and the government licensing.

Among these, the major contributor towards the marketto become an oligopoly is the government licensing process.

There are many things to consider and do during the licensing process and it is highly time consuming as well. Moreover, the costs involved is significantly high as well.

trapecia [35]3 years ago
5 0

Answer:

C. Government licensing allows media companies to have a near monopoly.

Explanation:

An oligopolistic market is a market structure with a few numbers of firms, each firm has no control over the no firms. In an monopolistic market, there is barrier to entry and exit, and each firm can trade either differentiated or identical.

The media company is characterized with an oligopolistic market because of the monopolistic power given to few media companies.

The monopolistic power hinders just anyone to come into the industry, hence there is barrier to entry and exit.

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Soft drink manufacturers face (a) ________.
Ilya [14]

Answer:

The correct answer is (A)

Explanation:

Soft drink manufacturing industry faces a high threat of substitutes. Not many soft drink brand exit the market but many new companies and brand enter. Similarly, that is the reason why prices of soft drink do not fluctuate as compare to other food items. The competitive environment in the soft drink industry creates a high threat of substitutes.

6 0
4 years ago
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T
dolphi86 [110]

Answer:

d. $1,080,000

Explanation:

Contribution per unit = Selling price per unit - Variable cost per unit

Contribution per unit = Selling price per unit - ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Variable Selling )

Contribution per unit = $160 - ($22 + $15+ $12 + $3)

Contribution per unit = $160 - $52

Contribution per unit = $108 per unit

Contribution margin for the next year = $108 per unit * 10,000

Contribution margin for the next year = $1,080,000

7 0
4 years ago
Which of the following correctly describes a production isoquant?
evablogger [386]

Answer:

An isoquant is a curve that shows the least-cost combinations of inputs that can produce a given level of output.

Explanation:

  • Isoquants are lines of equal values that are meant to show a set of points that have the same quantity of output when changing the quantities of more than two inputs.
  • It also shows an extent to which the firm has the ability to substitute two or different products to attain the same level of the outputs.
4 0
3 years ago
Omicron Technologies has $50 million in excess cash and no debt. The firm expects to generate additional free cash flows of $40
Sergeu [11.5K]

Answer:

$4 per share

Explanation:

The formula to compute the regular yearly dividends in the future is shown below:

= Free cash flow ÷ outstanding shares

= $40 million ÷ 10 million shares

= $4 per share

It shows a relationship between the free cash flow and the outstanding shares

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
champions school of real estateIn which of the emotional phases of buying is a buyer drawn in by advertising or sign, stimulatin
Yanka [14]

champions school of real estateIn which of the emotional phases of buying is a buyer drawn in by advertising or sign, stimulating interest, Attention, Desire and Act.

<h3>What do you mean by Desire?</h3>
  • Language used to describe desires includes "wanting," "wishing," "longing," and "craving."
  • Desires are frequently linked to a wide range of traits.
  • They are thought of as propositional attitudes toward imaginable situations.
  • Unlike beliefs, which seek to portray the world as it is, they seek to alter it by illustrating how it ought to be.
<h3>What is Attention?</h3>
  • The behavioral and cognitive process of selectively focusing on a specific piece of information—whether it be regarded as subjective or objective—while disregarding other information that can be perceived.
  • "Attention is the taking possession by the mind, in clear and vivid form, of one out of what seem to be multiple simultaneously available objects or trains of thought," wrote William James (1890).

Learn more about Desire here:

brainly.com/question/9255382

#SPJ4

4 0
1 year ago
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