All categories

4 years ago

How did horizontal integration enable rockefeller to monopolize the u.s oil industry?

1 answer:

5 0

<span>Rockefeller was able to monopolize the u.s oil industry through horizontal integration by producing and selling the same product to different markets, capturing the vast majority of the market for that product or service. This led to a monopoly because he integrated enough of the production market into his own company that he could destroy competition. The Rockefeller corporation produced its own tank cars, pipelines, and even it's own wooden barrels.</span>

You might be interested in

a sophisticated blank test might involve manipulating an advertising variable like schedule or copy through cable systems, and o

erma4kov [3.2K]

A sophisticated sales test might involve manipulating an advertising variable like schedule or copy through cable systems, and observing the affects on purchasing at local supermarkets.

What is advertising variable?

Although advertising expenditures can change greatly, they are not regarded as variable costs.
Instead, marketing costs are fixed, meaning they don't change based on how many goods or services you offer to customers.

Why is marketing considered a variable cost?

Businesses may set aside a specific amount for advertising within their fixed marketing budget, despite having a fixed budget for marketing.
Advertising is therefore a current expense rather than a fixed one. Therefore, whether it be print or online, businesses must spend money on advertising.

Learn more about advertising a variable cost

brainly.com/question/24134182

#SPJ4

3 0

1 year ago

Amanda, a single parent, is looking for a new job. Considering that she has two school-aged children, she is particularly keen o

Sloan [31]

Decision Criteria are defined as prerequisites, guiding concepts, and standards applied by companies for selecting their candidates who is the best fit for their company.

<h3><u>What are decision criteria?</u></h3>

Principles, requirements, or standards are referred to as decision criteria. This may include particular requirements and rating schemes like a decision matrix. As an alternative, a decision criterion could be a flexible guideline.

<h3><u>What are the types of decision criteria?</u></h3>

Generally speaking, there are three basic sorts of decision criteria:

Technological - Does your solution fit the criteria in terms of its technical viability for the given requirements?
Economic - Concerns relating to the financial, risk, and efficiency viability of your solution.
Relationship: To what extent do the goals and ideals of the two organizations coincide?

You can learn more about decision criteria using the following link:

brainly.com/question/14703648

#SPJ4

7 0

2 years ago

1. What is the main role of financial system?

sashaice [31]

Answer:

it helps efficiently direct the flow of savings and investments in the economy.

Explanation:

yeah thats it

8 0

3 years ago

In the short run, if average variable cost equals $50, average total cost equals $75, and output equals 100, the total fixed cos

musickatia [10]

Answer: $2500

Explanation:

From the question,

Average variable cost(AVC) = $50

Average total cost (ATC) = $75

Output (Q) = 100

Since Average fixed cost is the difference between the average total cost and the average Variable cost. This will be:

AFC = ATC - AVC

AFC = $75 - $50

AFC = $25

We should note that:

AFC = TFC / Q

TFC = AFC × Q

TFC = $25 × 100

TFC = $2500

Therefore, total fixed cost is $2500

5 0

3 years ago

Sheridan Company includes one coupon in each bag of dog food it sells. In return for eight coupons, customers receive a leash. T

Gnesinka [82]

Answer:

Note: <em>The options attached belongs to another question, so the answer is not included</em>

Premium liability at December 31, 2020 = ((510,000*60%) - $130,000) / 8*3

Premium liability at December 31, 2020 = 176,000 / 24

Premium liability at December 31, 2020 = 7,333.33

Premium liability at December 31, 2021 = 7333.33 + ((600000*60%) - 150000) / 8*3

Premium liability at December 31, 2021 = 7333.33 + 360,000 - 150,000

Premium liability at December 31, 2021 = 217,333.33

4 0

3 years ago